IBM and Pirelli Tire North America are among a handful of companies that are joining together to adopt a new set of corporate responsibility principles aimed at helping businesses navigate a turbulent political and lobbying environment.
Danone North America, Aspen Skiing and DSM North America are among the other companies signing on to the effort for its launch Tuesday. Organizers said they expect to recruit additional companies over the coming months.
As part of signing on to the principles, developed with the University of Michigan’s Erb Institute, companies choose from a range of policies for political spending, from voluntary disclosures to a prohibition on using corporate funds for such expenditures, organizers said.
