Berkshire Hathaway, Tesla and CME Group are among more than two dozen S&P 500 companies that disclose no information about their political spending, according to an annual transparency report.
The report from the Center for Political Accountability, a non-profit organisation, found that 35 companies did not disclose their political contributions during this year’s annual proxy season or publish policies determining how the money is doled out.
However, the report, published ahead of US midterm elections that are expected to be the most expensive ever, found that companies such as Berkshire and Tesla are increasingly outliers. More than 380 S&P 500 companies made full or partial disclosures this year — a record high.
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