Our political engagement activities are managed by our vice president of public affairs, and our Lowe’s Political Action Committee (LOWPAC) board of directors provides oversight of LOWPAC’s political fundraising and contributions.
Lowe’s maintains a separate political activity and government affairs policy for employees to ensure alignment with our own requirements and compliance with those required by law. Lowe’s does not contribute to 501(c)(4) or 527 organizations, as defined by the Internal Revenue Code, for express political purposes. The company does not disclose any policies or contributions in connection with independent expenditures.
While we do not make direct corporate contributions to political campaigns or candidates, Lowe’s supports issues that are aligned with our public policy agenda and business priorities. We also reserve the right to make contributions to support ballot measures that are aligned with these priorities. We will disclose those amounts in an annual report.
Lowe’s Political Action Committee
LOWPAC is funded by voluntary contributions from Lowe’s U.S. home improvement employees. It supports candidates and other political committees that are aligned with our business interests, as determined by LOWPAC’s board of directors. The personal political interests of senior management or the board of directors are not included when considering contributions. In 2015, LOWPAC made $312,250 in political contributions.
Lowe’s and LOWPAC support transparency and accountability and are fully committed to complying with all applicable laws regarding political contributions and expenditures, including laws requiring public disclosure of lobbying activities. Lobbying activities are reported quarterly on various public websites, including www.house.gov, www.senate.gov and www.secretary.state.nc.us/corporations.
In order to gain valuable access and insight into specific industry best practices and lobbying activities on issues most relevant to our business, Lowe’s is a contributing member to a number of state and national trade associations. Our full list of memberships can be found here. Lowe’s representatives frequently serve in a leadership capacity within many of these organizations, ensuring that our best interests are represented.
The state and federal associations we support focus on educating public officials on the importance of the retail industry, and advocate on legislative and regulatory issues specific to the industry. As a result, these trade organizations use a portion of contributions for nondeductible lobbying activities.