Target changes political donation policy after governor's race controversy
Target Corp. received lots of unwanted attention during last year's gubernatorial campaign, when it contributed $150,000 to a group supporting Republican Tom Emmer. That angered some because of Emmer's opposition to gay marriage and other GLBT issues, and led to calls for a boycott of the chain.
Now Target has announced new procedures for political contributions, with policies that will provide support "in a nonpartisan manner based strictly on issues that directly affect our business priorities."
According to the Washington Blade, Target spokesperson Jessica Carlson said the changes were made after the election flap because the company realized there was an opportunity “to evolve” its practices.
“These changes are really reflective of that perspective that we gained over the 2010 election cycle,” Carlson said.
Under the new policy, a committee of senior executives will oversee donations to candidates, parties, and political action committees.
Target's political action committee, TargetCitizens PAC — which is funded through the voluntary employee contributions — can make contributions "in a bipartisan manner to federal candidates and organizations."
The company says these factors are considered when making PAC contributions:
- General alignment with our business objectives
- Extent of our presence in a candidate’s state or congressional district
- Relevant legislative committee assignments
- Leadership positions
- Political balance
- The interests of our guests, team members, shareholders and other stakeholders
And for corporate donations, the policy committee must determine that it supports the company's business interests; gives consideration to the interests of guests, team members, shareholders and other stakeholders; and that it is an appropriate means of advancing Target's public policy position.
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Comments (2)
I hope this new "evolved" policy results in a transparent process for corporate donations. Many of us who strongly objected to the previous corporate donation process felt it was less transparent than a public company required. The results of the process will certainly be the same donations to the same groups/candidates, but the public may know who can be held accountable within the corporation. The "senior executives" making the decisions on behalf of the corporation may have to base their decisions on on something more than personal relationships to candidates and personal ideology. And they may not be so surprised by the reactions of their "guests".
There is no way *any* corporation can consider their "guests,'" employees or shareholders wishes with regard to political contributions. The only way corporations can contribute to politics without alienating their customers, employees and shareholders is to *not* donate to politics, period.