Governance & Integrity
EMC participates in the political process to help shape public policy and address legislation that impacts the company and our industry. Our involvement aims to ensure that the interests of customers, shareholders, employees and other stakeholders are fairly represented at all levels of government. Some of the key issues on which we focus include the following:
- Informing Federal Cloud Computing Policies. Federal investments in Cloud Computing and data center consolidation are important steps to increase productivity and achieve cost savings. We work with trade associations and industry partners to educate policy makers on these topics, including enhancing their understanding of Cloud Computing deployment, service models, and information security and privacy issues. In 2011, we participated in forums on Cloud Computing issues including TechAmerica Foundation’s Commission on the Leadership Opportunity in U.S. Deployment of the Cloud. EMC was also invited to various other sessions to provide our expertise regarding the consolidation of federal data centers.
- Leveraging Big Data to Advance Key Public Sector Missions. The era of Big Data has spurred organizations to find new ways to scale and manage their storage environments and to develop and leverage advanced data analytics capabilities. We support policies that harness Big Data to enhance intelligence and defense programs and advance health sciences by meeting massive storage requirements through cost-effective and scalable solutions.
- Promoting Effective Sustainability/Energy Efficiency Approaches. Through Congressional testimony and other outreach, we communicate frequently with federal stakeholders about our sustainability strategy and Green IT policies in the Public Sector. For example, we believe consumers have a right to access their electricity usage information, and that improved understanding would help them make better decisions around energy use. EMC supports the proposed “Electronic Consumers Right To Know” (“E-Know”) Act, bi-partisan legislation to advance this type of approach.
- Promoting Policies to Address Advanced Cyber Threats. Organizations face cyber threats every day – including increased attempts to steal sensitive data such as intellectual property – and cyber security has become a major national and economic security priority. The U.S. Congress is actively considering federal cyber security legislation and EMC, along with RSA, our Security Division, have weighed in with policy recommendations.
- Advancing Effective Education Policy and Math and Science. As a technology company, our primary interest and expertise lies in advancing Science, Technology, Engineering, and Math (STEM) education to build a highly diverse, trained and innovative workforce for the future. We also work to strengthen broader educational systems around the world through our involvement in the World Economic Forum's Global Education Initiative (GEI). The GEI facilitates partnerships between public and private sectors to support relevant, sustainable, and scalable education plans.
EMC Chairman and CEO Joe Tucci has been a leader in education reform in the U.S. for more than a decade. Joe served as co-chair of the Massachusetts Readiness Project, a collaboration of business, education, and community leaders. At the request of the Governor, this group created a long range strategic plan for K-12 education and beyond in Massachusetts. He also served as the Chairman of the Business Roundtable’s Education Task Force for more than four years. We also advocated for the expansion of charter schools. In addition, we are a member of Governor Deval Patrick’s STEM Advisor Council, which was launched in 2010.
To learn more about our support for STEM education programs, visit Education Partnerships.
EMC is committed to responsible participation in the political process in compliance with applicable federal, state and local laws and reporting requirements. We adhere to our Political Contributions Policy which outlines procedures for contributions made with corporate funds.
We make information about our corporate political contributions publicly available on a semi-annual basis. A listing of our 2011 corporate political contributions is available here.
As with many corporations, we have established a Political Action Committee (the “EMC PAC”), a nonpartisan committee registered with the Federal Election Commission. The purpose of the EMC PAC is to promote good citizenship and further business interests that are of concern to shareholders and employees of EMC. The EMC PAC provides eligible employees an opportunity to participate in the elective process at the federal level of government and encourages the election of qualified, informed and constructive candidates for office and to support or oppose any political party committee or political committee. The EMC PAC is funded entirely by voluntary employee contributions; no corporate funds are used to fund the EMC PAC.
Trade association memberships
EMC participates in various trade associations and organizations that engage in activities such as education, lobbying, advertising and knowledge sharing. We disclose the major U.S. trade associations, the amount of our annual membership dues and information we received from these organizations regarding lobbying expenses and political expenditures using membership dues. Details regarding our trade association memberships and dues paid are updated annually and available here.