Musk risks political fallout by endorsing Trump. Few CEOs are following
CEOs are looking to keep doors open” with both Republicans and Democrats.
If Leading CEOs Aren’t Donating to Trump, It’s Because They Don’t Need To
Even as some corporate bigwigs have taken to the sidelines, Trump’s fundraising has outstripped President Biden’s.
Business Roundtable targets climate rule supported by its members
It’s a real problem and it raises questions in terms of conflicts and what the companies are doing, and how their money is being used,” said Bruce Freed, the president of the nonpartisan Center for Political Accountability.
Supreme Court Architect Demands Justices Shield Big Oil From Historic Climate Trial
“Climate change is such an important area of risk,” says Jeanne Hanna, research director at the Center for Political Accountability. “A lot of companies acknowledge that they face quantifiable economic risks if climate change carries on. It can do damage to their markets. It could do damage to their production. Companies themselves recognize it as…
Companies were already wary of 2024 politics. Trumps’ verdict could solidify that caution
Of the 345 companies that have been on the S&P 500 since 2015, 270 of them now prohibit or fully disclose spending on candidates or their committees. That’s up from 168 a few years prior, according to CPA’s analysis
Activism & Voting This Week
“The index is recognized by companies as credible and serious. It is respected,” Bruce Freed, CPA president, told DMI. “Increasingly, companies want to be ‘Trendsetters’ (achieving scores of 90+ out of 100) that they can tout to show their best practices. In the 2023 index, 39% of the S&P 500 were in the top quintile.”
Corporate America Is Sitting Out the Trump-Biden Rematch
Even if executives hope to steer clear of this election, “if they engage in political spending, they’re speaking,” said Bruce Freed, president of The Center For Political Accountability, which has pushed for spending disclosures. “They won’t be sitting it out. As long as they’re giving, that creates risk because of what it associates them with.”
Navigating an Election Year at the Peak of Polarization
There’s a noticeable trend in the S&P 500 towards political disclosure and accountability becoming the norm, with a significant percentage of companies scoring high on the CPA-Zicklin Index of Corporate Political Disclosure and Accountability.
These 50 companies have donated over $23 million to election deniers since January 6, 2021
Freed told Popular Information that the corporations sending millions in PAC donations to election deniers are “putting themselves at risk.” He thinks the companies are underestimating the economic danger of undermining “the rule of law.” Instead of focusing on the preservation of “the political system that they need to be able to operate and grow,”…
US Poll Prompts Investor Focus on Political Spending
A rush of shareholder proposals demanding transparency have been filed for the 2024 proxy season, with a strong emphasis on lobbying alignment.