CSR needs CPR: corporate sustainability and politics

Thomas P. Lyon, Magali A. Delmas, John W. Maxwell, Pratima Tima Bansal, Mireille Chiroleu-Assouline, Patricia Crifo, Rodolphe Durand, Jean Pascal Gond, Andrew King, Michael Lenox, Michael Toffel, David Vogel, Frank Wijen

Research output: Contribution to journalArticleResearchpeer-review

27 Citations (Scopus)

Abstract

Corporate sustainability has gone mainstream, and many companies have taken meaningful steps to improve their own environmental performance. But while corporate political actions such as lobbying can have a greater impact on environmental quality, they are ignored in most current sustainability metrics. It is time for these metrics to be expanded to critically assess firms based on the sustainability impacts of their public policy positions. To enable such assessments, firms must become as transparent about their corporate political responsibility (CPR) as their corporate social responsibility (CSR). For their part, rating systems must demand such information from firms and include evaluations of corporate political activity in their assessments of corporate environmental responsibility.

Original languageEnglish
Pages (from-to)5-24
Number of pages20
JournalCalifornia Management Review
Volume60
Issue number4
DOIs
Publication statusPublished - Aug 2018
Externally publishedYes

Keywords

  • Business & society
  • Business-government relations
  • Corporate social responsibility
  • Lobbying
  • Non-market strategy
  • Policy making
  • Sustainability

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