Book contents
- Corporate Political Responsibility
- Reviews
- Corporate Political Responsibility
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Preface
- Section I Foundations of Corporate Political Responsibility: Metrics for Disclosure and Good Governance
- Section II Transparency: Causes and Consequences
- Section III Accountability: Linking Corporate Social Responsibility, Employee Relations, and Corporate Political Responsibility
- Section IV Responsibility: Corporate Political Responsibility and Climate
- 9 Measuring Climate Policy Alignment
- 10 From Kyoto to Paris
- 11 Disclosure of Political Responsibility
- Section V Implementing Corporate Political Responsibility: Opportunities and Challenges
- Index
- References
11 - Disclosure of Political Responsibility
The Case of Climate Change
from Section IV - Responsibility: Corporate Political Responsibility and Climate
Published online by Cambridge University Press: 16 November 2023
- Corporate Political Responsibility
- Reviews
- Corporate Political Responsibility
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Preface
- Section I Foundations of Corporate Political Responsibility: Metrics for Disclosure and Good Governance
- Section II Transparency: Causes and Consequences
- Section III Accountability: Linking Corporate Social Responsibility, Employee Relations, and Corporate Political Responsibility
- Section IV Responsibility: Corporate Political Responsibility and Climate
- 9 Measuring Climate Policy Alignment
- 10 From Kyoto to Paris
- 11 Disclosure of Political Responsibility
- Section V Implementing Corporate Political Responsibility: Opportunities and Challenges
- Index
- References
Summary
Between 2006 and 2009, firms spent an estimated billion dollars lobbying on climate-related bills and issues. Although such spending is largely perceived as a strategy by industry to oppose regulation, recent research finds a U-shaped relationship between greenhouse gas (GHG) emissions and lobbying expenditures (Delmas et al., 2016). These results suggest that both dirty and clean firms are active in lobbying, which challenges the view of adversarial corporate strategy. However, limitations on legal requirements for detailed disclosure make it impossible to hold companies accountable for their lobbying activity on specific issues. This chapter explores the existing disclosures, demand for additional disclosures by various stakeholders, and regulatory changes in process and on the horizon. Our discussion develops recommendations for enhanced disclosure of climate-related political activity, considering issues related to content, timing, disclosure users, disclosure regulators, and the value and role of third-party information intermediaries.
- Type
- Chapter
- Information
- Corporate Political Responsibility , pp. 310 - 352Publisher: Cambridge University PressPrint publication year: 2023