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.
Procter & Gamble Fights to Keep Its Own Shareholders Off the Ballot
The federal government spent the summer quietly dismantling one of the last tools ordinary investors have to hold a company accountable. Procter & Gamble is helping it along — and asking shareholders to look the other way. National Legal and Policy Center has...
REUTERS: Meta’s $18B Settlement Highlights Voice of Shareholder Activists
Following last week's $18 billion settlement by Meta with dozens of state attorneys general over its failure to protect children and teens who use its social media platforms, we pointed out that Chairman/CEO Mark Zuckerberg (pictured above) --- who owns 61 percent of...
NLPC Proposal at P&G Seeks to Lock In Shareholder Eligibility
Writing for Law.com yesterday, reporter Chris O'Malley highlighted NLPC's shareholder proposal that will be considered at the annual meeting of Procter & Gamble in October. The proposal seeks to preserve certain shareholder-access thresholds. Under Rule 14a-8 of...
Meta Settles Lawsuit for $18B; NLPC Warned in 2024 About Child Safety
The Wall Street Journal reported this morning that Meta Platforms, Inc. has reached a settlement with state attorneys general in a lawsuit that had accused the social media company of lax controls and protections for minor users of Facebook and Instagram. From the...
Pro-ESG Gatekeepers Hate NLPC’s Intrusion on Their Territory
With most annual meetings of S&P 500 companies in the rearview mirror for 2026, most postseason analyses of the meetings' shareholder proposal and board election vote outcomes have been published. The results are the results, but the spin on them often doesn't...
Atkins Doublespeak: SEC Shareholder Rulings Don’t Count; Corporations Should Cite Them Anyway
The Securities and Exchange Commission has stopped settling arguments between corporations and their shareholders. On August 14 the agency's Division of Corporation Finance ("CorpFin") announced it will no longer answer companies that ask permission to keep a...
Amazon Knows What Its Climate Pledge Costs But Won’t Tell Shareholders
Amazon's board told its shareholders (see page 38 at link) in April that calculating what The Climate Pledge costs would be "impractical," and that the answer would not be "meaningful" to them. Both claims appear in the voting materials the company sent out before its...
Home Depot’s Next Cost Problem Is Plastics, and It’s Self-Inflicted
One sentence in Home Depot's second-quarter earnings release Tuesday told shareholders more about the year ahead than the headline beat did. The company reaffirmed its outlook for fiscal 2026 and then explained what that outlook rests on. Guidance, it said, "includes...
Congress Wants the Data Behind McKinsey’s Bogus DEI Findings
In February 2025, with Accenture, Goldman Sachs, Meta, Amazon and Ford backing away from their diversity commitments, McKinsey & Company's global managing partner sent a memo to staff. Some had asked whether the firm would keep prioritizing diversity, Bob...
Dominion Energy’s $715M Side Bet on Offshore Wind Has No Takers
Chairman/CEO Robert Blue had a theory: build America's only Jones Act-compliant offshore wind turbine installation vessel, corner a market that didn't yet exist, and lease it up and down the East Coast between Dominion Energy's own construction runs. The Charybdis...
GM Bets Next 20 Years on China, Three Years After NLPC Warned Shareholders
In May, General Motors sold more than 10,000 units of a new Buick in its first month on the market — a rare bright spot for an American automaker in China. The nameplate is all-American. Almost nothing else about the car is. The Buick Electra E7 was designed,...
Bank of America Pledges $250B to Industries Its Climate Targets Punish
Bank of America wants two things at once that cannot both be true. On August 12, the bank unveiled its Critical Infrastructure Finance Initiative, a plan to mobilize $250 billion over 18 months for data centers, semiconductors, power generation, transportation, and —...
Benioff Funds AI Startup After Saying Software Jobs Aren’t at Risk
Marc Benioff (pictured above) told the Wall Street Journal this month that concerns about artificial intelligence killing off software giants like Salesforce are "dead wrong." He told a technology podcast that AI still cannot replace software engineers. His own...
#WeToldYouSo: Meta’s Shield Cracks as $1.4 Trillion Trial Opens
Meta Platforms tried to make more than 3,000 lawsuits go away by invoking the federal law that has protected internet companies for three decades. On Monday a federal appeals court told the company no. Section 230 of the Communications Decency Act shields online...
BLOOMBERG: Corporate Boards’ DEI Rules Almost Entirely Eliminated
Citing data from an analysis of diversity, equity and inclusion trends, Bloomberg reported this morning that corporate boards have almost entirely removed such criteria for selecting new directors. From the article: Three years ago, nearly every major US company...
Coca-Cola Hands Its Brand to Machines Again; Keeps Getting Burned
In February 2015, a gossip website turned Coca-Cola's Super Bowl campaign into a Hitler quote generator. The campaign was called #MakeItHappy. Coke built a program that took mean tweets and redrew the words as cheerful ASCII art — a puppy, a smiley face, a pirate...
#WeToldYouSo: Meta Loses Child Safety Case in $567M Verdict Against Social Media
Pollution does not stay inside the factory that makes it. That was the comparison Judge Bryan Biedscheid used on Thursday when he ordered Meta Platforms to pay New Mexico $567 million and found that the damage its platforms do to children spills out onto families,...
Kempczinski Got a Raise; McDonald’s U.S. President Gets the Boot
When McDonald's U.S. business disappoints, someone answers for it. In the second quarter of 2026, that someone was Joe Erlinger. McDonald's beat Wall Street's earnings expectations Tuesday — adjusted EPS of $3.38 topped the $3.32 forecast — but the underlying U.S....
Dominion Energy’s Offshore Wind Cost Overruns & Delays Just Keep Coming
The Coastal Virginia Offshore Wind project was supposed to cost $7.8 billion. It has now reached $11.7 billion — and Dominion Energy Chairman/CEO Robert Blue (pictured above) says shareholders and ratepayers should feel good about it. When the Virginia-based utility...
Musk Settles GARM Case; SEC Can’t Explain Its Own Disney Ruling
Elon Musk's X and the World Federation of Advertisers ended their fight Wednesday, and the trade group put a promise in writing: it will not form or restart the Global Alliance for Responsible Media, or any initiative like it. The joint statement also has WFA...
Fauci’s Diaries Gut the Covid Narrative That Facebook Enforced and NLPC Fought
Two dates tell the story of what happened to the American Covid debate. The first is Feb. 1, 2020. Dr. Anthony Fauci (pictured above) met that day with a dozen prominent virologists, and according to the private journals Sen. Rand Paul released over the weekend, two...