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After all, no matter how green a company's operations and supply chains are, political efforts aimed at weakening environmental laws and regulations can have far greater environmental impact. public companies — their CPA-Ziplin Index — to Newsweek's environmental transparency scores.
Business needs to play a more powerful role in supporting responsible practices throughout every aspect of their operations. Companies usually manage bribery and corruption risk through a mix of internal processes, certification requirements, and basic good practices throughout their operations — including with suppliers and vendors.
Making these decisions requires that directors have expertise, exercise informed judgment, and be guided by an ethical compass. Determining the impact of political spending on stakeholders, the firm’s long-term interests, on broader issues in which it may have a stake, and the needs of the society in which the company operates.
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