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The Alliance for Responsible Capitalism presents a new case competition focused on the challenges and opportunities around ESG in the banking sector

Corporate Political Responsibility 

CSR Needs CPR: Corporate Sustainability and Politics

(Tom Lyon et al, CMR, 2018)

Suggests that a company’s political activities may have more impact on social and environmental sustainability than operations, and argues that corporate political responsibility requires transparency, accountability, and responsibility.

 

​​Large Corporations Contributed to Our Political Polarization: Here’s How They Can Fix It 

(Mark Mizruchi, Niskanen Center, 2020)

This report provides an expansive history that ties the corporate condition to various policy eras, and makes a case for private sector investment in public policy (and not just one-off, charitable CSR initiatives).

 

How Corporate Lobbyists Conquered American Democracy 

(Lee Drutman, The Atlantic, 2025)

 

Does Private Regulation Preempt Public Regulation? 

(Malhotra, Neil, Benoît Monin, and Michael Tomz, 2017)

 

Time to Transform 

(WBCSD, 2021)

In a major refresh of its Vision 2050, the World Business Council for Sustainable Development argues that the decade ahead is critical if we are to achieve  “9+ billion people living well within planetary boundaries.” They highlight the need to shift political and economic incentives that push companies into short-term behaviors that undermine societal or environmental systems. See p. 50-55 for their call to action in the financial sector. 

The Erb Principles for CPR 

(CPRT, 2022) 

Companies engage in politics in many ways: through spending on political campaigns, lobbying and advocacy, internal and external communications, and through all of these channels by way of trade associations. These principles guide companies to use their political influence aligned with the values of legitimacy, accountability, responsibility, and transparency. 

 

More resources at the CPRT Resource Library and Video Library

Climate Risk

To be developed with input from Gabriel Thoumi 

ESG

ESG guidelines seem innocuous enough, so why the backlash? 

(Jerry Davis, I by IMD, 2022) The term “ESG” refers to environmental, social, and governance factors that are material to a company’s performance but may not be captured on a balance sheet. From this simple definition, “ESG” has become the topic of both fascination and abhorrence. The article provides a primer on the term and a background on the debates around it. 

 

Don’t Be Deceived About ESG Sentiment. Companies Must Up Their Compliance Game. (Pete Rau, GARP, 2024) 

Increasing expectations about ESG reporting will drive companies to increase transparency and invest in compliance efforts.

How ESG Stocks Perform Depends on Who Ranks Them 

(Shane Shifflett, Wall Street Journal, 2021) One of the challenges of assessing stocks with an ESG label is that ratings of ESG vary widely depending on the organization doing the rating. The article 

Guide to ESG metrics 

(World Economic Forum) An overview of 21 core and 34 expanded metrics in the categories of People, Planet, Prosperity, and Governance, this framework offers a proposal aimed to create consensus on ESG factors to assess and report. 

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