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Friends Fiduciary Asks Companies to Rethink Political Contributions

February 23rd, 2021

Friends Fiduciary recently joined other Interfaith Center on Corporate Responsibility (ICCR) members in a statement calling on companies, who are members of the Business Roundtable, to pause and reassess all political contributions in the wake of the riots at the Capitol.

For several years Friends Fiduciary, in partnership with the Center for Political Accountability, has been active in asking companies to oversee and disclose any direct or indirect political contributions they make. Following a violent attempt to obstruct a peaceful transfer of power this past January, and the role that certain politicians played in propagating misinformation regarding the election, our asks for careful consideration of corporate involvement in the political process are even more crucial.

Many companies have announced that they will temporarily pause or completely cease donations, and we believe that all companies should at a minimum be pausing their donations and implementing best practice policies and board oversight of direct and third-party donations to avoid the reputational risks related to election spending.