CORPORATE INTEGRITY PROJECT
NLPC promotes integrity in corporate governance, including honesty and fair play in relationships with shareholders, employees, business partners, and customers. In doing so, NLPC places special emphasis on the following:
- Asserting that the social responsibility of the corporation is to defend and advance the interests of the people who own the company, the shareholders. True responsibility is fidelity to one’s own mission, not someone else’s or someone else’s political agenda.
- Exposing the seeking of influence on public officials by corporations, which is the inevitable result of high levels of government spending and intervention in the marketplace.
- Combating practices that undermine the free enterprise system, including corporate giving to groups hostile to a free economy.
STUDY: Companies Not So Eager to Ditch DEI After All
In a report published by the Heritage Foundation, researcher Jonathan Butcher scoured Fortune 500 companies' statements and reports on diversity, equity and inclusion (DEI), and found that there has been a little "retreat" superficially, but the vast majority still...
For 2nd Year in a Row, NLPC Asks Microsoft Shareholders to Oppose Reid Hoffman
The annual meeting for Microsoft Corporation is on Tuesday, and for the second year in a row, an investor is calling upon shareholders to oppose the re-election of tech entrepreneur and political agitator Reid Hoffman to the board of directors. Earlier this year,...
Disney’s Board Applies Final Polish to Iger’s Ego w/ NYC HQ Honor
The Walt Disney Company revealed this week its New York City-based headquarters, and that it will be named the Robert A. Iger building, a fitting ode to a guy who won't leave, can't bring himself to leave, doesn't know how to leave, can't think of anyone who could run...
Verizon Goes More Woke with Appointment of Dan Schulman as Top Independent Director
Verizon Communications announced this week that it was elevating board member Dan Schulman (pictured above), former president and CEO of PayPal, to be its lead independent director. The role calls for this member to exercise greater oversight and direction for the...
Why Does Exxon Repeatedly Reward Failure?
This week ExxonMobil announced some promotions, including its elevation of Dan Ammann to President of ExxonMobil Upstream Company: Ammann joined ExxonMobil in 2022 as president, Low Carbon Solutions to grow the company’s Low Carbon Solutions business and focus on...
#WeToldYouSo: GM Massively Writes Down China Investment; NLPC Warned of Risks
U.S. business media is reporting today that General Motors is taking a massive writedown related to its partnership with a Chinese state-owned automotive company. The Wall Street Journal reports: General Motors said it expects to incur more than $5 billion in...
‘#Rollback?’ Walmart Tried to Avoid DEI Accountability Only Seven Months Ago (and Earlier)
News has swept across the business media today that Walmart is the latest major corporation to abandon its diversity, equity and inclusion (DEI) initiatives in areas like hiring, vendors, contracting, and charity. Call us skeptical. Distrust and verify. The changes...
Target’s Decline and Fall Under CEO Brian Cornell
The Wall Street Journal today chronicles Target’s ongoing woes under CEO Brian Cornell, who no matter how bad things get, clings to wokeness as a substitute for leadership. Titled "Target’s Slide From Cheap Chic to Dull Chore," the article is behind a paywall, but you...
Influential Proxy Advisor Backs NLPC’s Proposal on Microsoft’s AI Risks
Glass Lewis, one of the two major proxy advising firms, has recommended that shareholders vote in favor of National Legal and Policy Center's shareholder proposal at Microsoft's 2024 annual meeting. The proposal requests the Company increase its reporting of the risks...
Bloomberg Covers NLPC’s Proposals on Executive Pay Linked to DEI
Writing for business news syndicate Bloomberg, reporter Clara Hudson today highlighted shareholder proposals that NLPC has submitted for companies' annual meetings that will be held in the spring of 2025. From the article: McDonald’s, American Express, and JPMorgan...
NLPC Calls for Resignation of Exxon CEO; Wants Trump to Keep U.S. in Paris Agreement
On November 14th, National Legal and Policy Center sent a letter to ExxonMobil’s Board of Directors that called for the immediate resignation of Darren Woods from his roles as Chief Executive Officer and Chairman of the Board. Citing misaligned priorities and an...
NBC Caves to Trump on Equal Time; Harris SNL Episode Demonstrates Network Bias
According to NLPC Counsel Paul Kamenar: NBC's Saturday Night Live show featured an opening sketch with Vice President Kamala Harris. As a presidential candidate, her appearance on the eve of the presidential election violated the Federal Communications Commission's...
Boeing Decimates Its DEI Dept.; Nike Doubles-Down on It
Two major, iconic U.S. corporations that have struggled in recent years, this week announced they would go in very different directions on their diversity, equity and inclusion programs. Bloomberg reports on Boeing: Boeing Co. has dismantled its global diversity,...
CEOs Get Wealthier from DEI Pay; NLPC Proposals Will Demand Accountability
Bloomberg News reported yesterday that corporate CEOs are getting handsome pay boosts for their efforts to boost diversity, equity and inclusion (DEI) efforts: White men make up the majority of 28 chief executive officers who were paid bonuses for meeting their...
Ohio Sues Boeing, Former Chairman Larry Kellner, Over Safety Failures
Why is former Boeing Chairman Larry Kellner – who led the company’s governance oversight during last year’s infamous Alaska Airlines door plug blowout – now head of the safety committee on ExxonMobil’s board of directors? That’s what a shareholder in both companies –...
BLACKROCK FINK: ‘Elections Don’t Matter’; DONOR FINK: ‘Dems Must Win!’
Business Insider reports that BlackRock Chairman/CEO Larry Fink is indifferent about the outcome of the U.S. election in a couple weeks: "I'm tired of hearing this is the biggest election in your lifetime," Fink told a conference hosted by the Securities Industry and...
Coca-Cola CEO Quincey Should Apologize for Ga. Election Law Lies
In 2022 and 2023, NLPC --- a Coca-Cola investor --- sponsored shareholder proposals that called for the roles of Chairman and CEO to be filled by two different executives, rather than a single person. Since December 2016 Chairman and CEO James Quincey has led the...
NEW NLPC VIDEO: Reid Hoffman is Unfit for Microsoft’s Board of Directors
Today NLPC released a satirical video about some of billionaire tech entrepreneur Reid Hoffman's public and political activities, and why the nature of them makes him unfit to serve on the board of directors for Microsoft Corporation. Learn more about Hoffman here,...
New Jersey Group to Sue to Stop Offshore Wind Threat to Whales
The three groups suing to stop the Virginia offshore wind project under the Endangered Species Act (ESA) now have company. A New Jersey group called Save Long Beach Island (SBLI) has notified two federal agencies that it intends to sue them to stop a massive wind...
California AG to Black Lives Matter Grassroots: Where’s Your Tax Return?
From the Free Beacon by Andrew Kerr: The Black Lives Matter movement is once again facing legal scrutiny, with California attorney general Rob Bonta threatening to bring the hammer down on Black Lives Matter Grassroots if it doesn’t soon disclose what it did with...
#WeToldYouSo Times Three: GM’s Shortcomings on EVs, China Force Reassessment
In 2022, NLPC --- an investor in General Motors --- sponsored a shareholder proposal seeking a report on the use of child labor in its supply chain. Last year we followed with a proposal that requested a special "risk audit" related to the company's business in China....
