Transparency and Integrity of Lobbying: A new challenge for CSR
Vigeo publishes the first international study on the lobbying practices of companies.
This study reveals that lobbying is an issue of corporate responsibility that will increasingly draw the attention of public opinion and whose material effects can be significant for companies.
From the 745 American and European companies analysed by Vigeo, it appears that North American companies are more transparent on their influence practices. However, all listed companies still have to make tangible efforts to convince of the responsible nature of their influence relations towards elected officials and policy makers.
This study lists the principles of action-defining corporate social responsibility in terms of influence practices. It identifies innovative managerial strategies and practices and provides detailed rankings, by countries and by sectors, of companies that manage to bring evidence of transparency and integrity in their lobbying practices by implementing their managerial processes at the highest levels.