Corporate Political Responsibility

An Emerging Best Practice
For Public Affairs Governance

The socio-political environment for business is increasingly volatile and complex, and is likely to remain so. With the politicization of issue after issue, the need to manage external influences in a consistent, principled and prepared way could not be more pressing.

“Corporate Political Responsibility” (CPR) provides a non-partisan best practice for more integrated governance of public affairs, that can help companies navigate the current landscape in a principled way. CPR is both a necessary practical risk management strategy and a critical enabler of long-term value for business and society, regardless of the political environment.

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The CPR Hub is a dynamic, curated central site featuring practical ways to apply CPR Governance to a company’s unique situation, and compelling materials for exploring why, when and how. 

The socio-political environment for business is increasingly volatile and complex, and is likely to remain so. With the politicization of issue after issue, the need to manage external influences in a consistent, principled and prepared way could not be more pressing.

“Corporate Political Responsibility” (CPR) provides a non-partisan best practice for more integrated governance of public affairs, that can help companies navigate the current landscape in a principled way. CPR is both a necessary practical risk management strategy and a critical enabler of long-term value for business and society, regardless of the political environment.

Insights

Original research, analysis and case studies to help business leaders build capacity, foresee scenarios and apply CPR.

Showcase

A dynamic repository of CPR resources from across the field, including tools, reports and educational materials.

As investors increasingly focus on systemic risks, few risks are as consequential as the weakening of democratic institutions and the rule of law -- or today’s once-in-a-generation operational and strategic challenges from AI, an increasingly chaotic political environment, and more.  Yet, as an investor, it can be difficult to translate these systemic risks into concrete actions. Focusing on public affairs governance – how companies make decisions about whether and when to engage in the public sphere, can be one helpful lens.

This new tool from Third Side Strategies helps investors to ask sharper questions—of companies and of themselves. It introduces the concept of CPR Governance (a set of best practices for whether and when to engage in the public sphere) which helps investors in two ways: (i) prompting companies to think more concretely about their public affairs practices and strengthen any areas of weakness highlighted by the questions, and (ii) providing investors the information needed to more effectively manage this systemic risk across their portfolio.

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ToolThe Erb Institute CPR Taskforce

Developed with Erb Institute’s Corporate Political Responsibility Taskforce, in consultation with academics and over 40 stakeholder groups from across the political spectrum, the Erb Principles for CPR offer a thought process for non-partisan, defensible decisions in turbulent times.  The principles of legitimacy, accountability, responsibility, and transparency provide actionable and non-partisan approach to weighing when, how and why to engage in political affairs, to manage risk and advance long-term value creation for business and society. 

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ArticleWe Mean Business Coalition

This article argues that corporate climate transition plans will fail without aligned public affairs strategies. It urges companies to integrate policy engagement, advocacy, and coalition-building into transition delivery, ensuring lobbying and political influence support—rather than undermine—net-zero and sustainability commitments.

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ArticleManagement Science (INFORMS)

This academic article analyzes how political polarization affects corporate nonmarket strategies—such as lobbying, advocacy, and coalition-building—across different stages of the policy life cycle. It shows how polarization changes the risks and payoffs of engagement, complicating firms’ ability to influence policy without triggering backlash or strategic misalignment. 

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ReportUniversity of Notre Dame – Deloitte Center for Ethical Leadership

This guidance helps leaders decide when to engage—or refrain—from responding to controversial social and political issues at work. It offers a framework for assessing relevance, risk, and responsibility, emphasizing the importance of consistency, listening, and clarity to avoid internal polarization while maintaining trust and organizational cohesion. 

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ArticleFinancial Times

This teaching case by Rajat Panwar of Oregon State University, explores the tensions faced by companies such as Singapore’s Olam, in whether to continue to advocacy for farm subsidies that benefit the industry but undermine biodiversity and raise questions about their sustainability commitments. The case challenges students to consider how, even when companies are clear about their interests in nature, taking a public stance is politically sensitive. 

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ArticleBipartisan Policy Center

This visual explainer by Grace Gordon of the Bipartisan Policy Center…This visual explainer clarifies the limited but critical federal role in U.S. elections, detailing responsibilities across Congress, numerous federal agencies, and the courts. It shows how authority is distributed across levels of government, equipping election stakeholders – including business -- to better use existing resources, identify opportunities for inter-agency collaboration and to advocate for needed improvements.

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BookIndependent / Amazon Kindle

This book by Severin Wirz, an attorney specializing in U.S. and international anti-corruption law, traces the origins, enforcement, and global impact of the U.S. Foreign Corrupt Practices Act (FCPA). It explores how anti-bribery law reshaped corporate conduct, compliance systems, and international business norms, illustrating how legal accountability mechanisms influence global markets and corporate political behavior. 

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About the CPR Hub

The CPR Hub helps companies navigate a hyper-political world by strengthening their public affairs governance practices, featuring emerging best practices, practical tools, and compelling materials for discussing why, when and how CPR Governance might be adapted for a specific company. It is published by Third Side Strategies, a non-partisan action-oriented think tank and non-profit advisory firm.

Engage

We know CPR Governance is a journey, unique to each company. Here are a few next steps to consider.

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