Overview Symantec is committed to engaging constructively and responsibly in the public policy and political process. We do so in numerous ways, including educational outreach to elected officials on key public policy issues related to the company’s business, political giving by employees through the Symantec Political Action Committee (SymPAC), and membership in trade associations which help to advance our business objectives.
Why We Engage We participate in the development of public policy that addresses issues affecting our industry, business, products, and customers. In partnership with business and trade associations, we work with local, regional, national, and international lawmakers and government agencies to advocate for policy and legislation that supports our ability to innovate. This involvement allows us to better accomplish our mission to protect our customers and the integrity and unimpeded flow of the world’s information.
The public policy issues we face are broad and cover many aspects of consumer privacy, online safety, securing data and critical information infrastructure, and intellectual property protection. In order to ensure appropriate and consistent engagement, our Government Affairs Team
communicates regularly with internal and external subject matter experts and stakeholders on current and emerging policy and legislative issues. Their input is used to shape and align our public policy approaches and activities.
For more information about our approach to public policy, you can visit this page
A Commitment to Openness and Transparency in Political Activity
We are committed to openness and transparency in our political activity and political contributions. We participate in the political process in compliance with all applicable federal, state, and local laws, and engage outside legal counsel to conduct periodic reviews of our political activity to ensure compliance. Our policy is to disclose
semi-annually all contributions to candidates, political action committees, or any group seeking to advance or defeat a candidate or ballot issue.
Symantec’s Political Contributions Policy
Government policies affect the commercial environment, and Symantec is subject to legislation and regulation that affect how we conduct our business and generate value for our investors. Participating in the political process is one way we protect our shareholder interests. We engage in the political process with a view to the long-term interests of the company and our shareholders, and seek to promote and protect our interests. Symantec contributes funds only to Federal elections and does so through our Political Action Committee (see below), which is governed by our Global Political Contributions Policy
Symantec’s political contributions are made in accordance with all applicable laws and regulations and are disclosed as required by law. Accordingly, we do not allow corporate contributions and do not use corporate treasury funds for direct independent political expenditures. Any other contributions must be approved in accordance with our Global Political Contributions Policy.
SymPAC – Symantec Political Action Committee In the United States, we enable our employees to voluntarily participate in the political process by joining a nonpartisan political action committee called the Symantec Political Action Committee (SymPAC). SymPAC is funded by voluntary contributions from our employees to support federal political candidates who understand and support key public policy issues that are in alignment with our priorities. SymPac’s political expenditures reflect employee, shareholder, and corporate business interests, and not those of individual officers or directors.
SymPAC is governed by its Articles of Organization
. In addition, SymPAC has a governance board comprised of a diverse group of Symantec employees who volunteer their time to oversee SymPAC’s operations and help determine which candidates receive SymPAC funds. The Nominating and Governance Committee of the Board of Directors of Symantec oversee and review annually the political activities and expenditures.
All contributions are approved by the SymPAC board, and SymPAC has established Candidate Support Criteria that are used in the assessment of contribution designations. The factors that influence which candidates merit SymPAC’s financial support include:
- A candidate’s integrity and character;
- A candidate’s support of key public policy matters that are in alignment with Symantec’s business and policy priorities;
- A candidate’s voting record and leadership position;
- A candidate’s commitment to the innovation and growth of the technology and security industry; and
- Symantec’s assets or employees in a region or state represented by the candidate.
Symantec is a member of several trade associations and 501(c) groups. These organizations may engage in political activities and may make political contributions. We may not support all of the positions such organizations take, but we assess each membership based on alignment with our overall business and policy priorities. Details on our trade association memberships, including the portions of our annual dues that are used for political purposes, can be found in the annual disclosures
in the links below.
Public Disclosures – Living our Commitment to Openness and Transparency Federal disclosures regarding our lobbying activities are publicly available, and can be found at the links below. Additionally, and in an effort to be as open and transparent as possible, we disclose all of our political contributions on a semi-annual basis and provide details on our trade association memberships on an annual basis.* To view Symantec’s recent and historical political contributions, click on any of the links below.
We maintain and file Lobbying Disclosure Act Registration and Reports (Form LD-2) with the U.S. Congress. These reports detail the particular legislation and issues on which individual lobbyists had activity, as well as the total lobbying expenses incurred during each calendar year quarter. Lobbying reports may be viewed here
Symantec and its registered federal lobbyists must also file semi-annual reports detailing, among other things, disbursements and personal and/or direct contributions to federal candidates. These forms (LD-203) may be viewed here
SymPAC files monthly reports with the Federal Election Commission (FEC). These reports detail all of the PAC’s contributions to candidates and may be viewed here