CHARTER COMMUNICATIONS, INC. | Lobbying Expenditures Disclosure at CHARTER COMMUNICATIONS, INC.

Status
39.55% votes in favour
AGM date
Previous AGM date
Resolution details
Company ticker
CHTR
Resolution ask
Report on or disclose
ESG theme
  • Governance
ESG sub-theme
  • Lobbying / political engagement
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Telecom
Company HQ country
United States
Resolved clause
Service Employees International Union has filed the following resolution. This will be updated in the lead filer field as soon as possible.

stockholders request the preparation of a report, updated annually, disclosing: 1. Company policy and procedures governing lobbying, both direct and indirect, and grassroots lobbying communications. 2. Payments by Charter used for (a) direct or indirect lobbying or (b) grassroots lobbying communications, in each case including the amount of the payment and the recipient. 3. Charter’s membership in and payments to any tax-exempt organization that writes and endorses model legislation. 4. Description of management’s decision-making process and the Board’s oversight for making payments described in sections 2 and 3 above. For purposes of this proposal, a grassroots lobbying communication is a communication directed to the general public that (a) refers to specific legislation or regulation, (b) reflects a view on the legislation or regulation and (c) encourages the recipient of the communication to take action with respect to the legislation or regulation. Indirect lobbying is lobbying engaged in by a trade association or other organization of which Charter is a member. Both direct and indirect lobbying and grassroots lobbying communications include efforts at the local, state and federal levels. The report shall be presented to the Audit Committee or other relevant oversight committees and posted on Charter’s website.
Supporting statement
Charter spent $69,995,000 from 2010 – 2020 on federal lobbying. Charter also lobbies extensively at the state level where disclosure is uneven or absent, with at least 267 lobbyists in 29 states in 2020 (followthemoney.org). Charter fails to disclose its memberships in, or payments to, trade associations and social welfare organizations, or the amounts used for lobbying, including grassroots. Companies can give unlimited amounts to third party groups that spend millions on lobbying and often undisclosed grassroots activity, and these groups may be spending at least double what’s publicly reported.1 Charter serves on the board of NCTA - The Internet & Television Association, which spent $175,710,000 on lobbying from 2010 – 2020, and is a member of Broadband for America, a social welfare organization which spent $4.2 million to submit 8.5 million fake comments using real people’s names to the FCC opposing net neutrality.2 And Charter does not disclose its contributions to groups which write and endorse model legislation, like the American Legislative Exchange Council (ALEC). We believe Charter’s lack of disclosure presents reputational risks when its lobbying contradictscompany public positions. For example, Charter states that it is committed to an open internet, yet NCTA and Broadband for America lobbied against net neutrality. As Charter lobbied on expanding internet access in infrastructure,3 it has attracted scrutiny for avoiding federal taxes while spending $64 million on lobbying and campaign contributions.4 And while Charter is committed to diversity and inclusion, groups have asked Charter to cut ties with ALEC because of its voter restriction efforts.

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