Tell the SEC: Don't let corporations hide their political spending.
Submit a public comment now telling the SEC not to let corporations hide their political spending.
Corporate CEOs are spending unprecedented amounts of money electing candidates who support their anti-environmental agenda.
Since the U.S. Supreme Court's ruling inCitizens United v. FEC, these CEOs are able to spend unlimited amounts of company funds on politics AND keep both the public and their own shareholders in the dark about where the money is going. Allowing them to make expenditures that they would never be able to justify publicly.
It's having a disastrous effect on both our political system and our environment.
We have a chance to change that. The Securities and Exchange Commission (SEC), which is a federal agency, can require publicly traded companies to disclose the money they spend on politics. And they are accepting public comments on the merits of doing just that.
Greenpeace is working with a coalition of groups to help reach a goal of one million comments submitted. We're already more than halfway there. Please take a minute and add your voice today.
Click here to submit a public comment and tell the SEC: Don't let corporations hide their political spending.
This isn't a perfect solution. We eventually need to get corporate money out of politics altogether. But it's a start.
The idea also isn't all that controversial. More than half of the S&P 100 companies already voluntarily disclose their political spending to investors. And it makes sense. After all, it isn't their money. It belongs to shareholders — many of whom care about things like the environment.
Spending that money to fight legislation that would combat climate change or elect leaders who favor dirty energy may be in direct conflict of shareholder interest.
Already one SEC Commissioner has come out in favor of the idea. We just need two more to agree.
Tell the SEC: Don't let corporations hide their political spending. Submit a public comment today.
Getting money out of politics is a priority for Greenpeace. The frontlines of environmental destruction around the world often start on Wall Street.
We cannot make significant progress on the most pressing environmental challenges with corporate influence deciding who is elected to office and what to some of the environmental challenges of our time with corporate influence determining the agendas of those elected to office.
Greenpeace Senior Democracy Initiative Campaigner
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