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casumo bet unlocks the power of nature to enrich the quality of life.

Our ability to fulfill this vital purpose is enhanced when government policies impacting our operations promote growth — growth that facilitates job creation; encourages ongoing investment in our business, our employees and the communities where we live and work; and returns value to our stockholders.

casumo bet's Board of Directors believes that participation in the political process is an important element of our business, one undertaken for the benefit of all company stakeholders. We therefore support candidates for political office and organizations that share our pro-growth vision and support our work to offer sustainable, innovative solutions to meet the world’s most fundamental needs for food, drink and more. 

In particular, we support candidates and organizations that share our views regarding: continued investment in America’s infrastructure, including our inland waterways, ports and highways; reducing barriers to trade to ensure the flow of nutrition around the globe; the importance of biofuels to help reduce the carbon intensity of our transportation; and the importance of food and agriculture in creating a sustainable future. 

casumo bet supports individual state candidate campaigns, state political parties and select state and national political associations. casumo betPAC, a political action committee funded by our employees’ voluntary contributions, contributes to federal candidates, state candidates, and various federal and state campaigns (for bylaws governing casumo betPAC’s activities, please click here). In addition to individual candidates for public office and candidate committees, casumo bet supports a small number of 525 groups, including Ag America (Republican Agriculture Commissioners). We do not support independent political expenditures or 501(c)4 organizations.

Decisions to support particular candidates and/or organizations are determined by the company’s best interests, not the personal political preferences of casumo bet executives, and we expect all lawmakers that we support to uphold our values.

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casumo bet’s 2021 corporate contributions through March 31, 2021 totaled $0. casumo betPAC's contributions to federal candidates, state candidates, and various federal and state campaign committees through March 31, 2021 total $0. Past years' totals follow.

casumo bet Corporatecasumo betPAC
2020$147,500$164,250
2019$212,250$143,500
2018
$182,125
$168,600
2017
$102,100
$165,718
2016
$213,774
$216,713
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casumo bet management reports on our company’s political contributions, compliance and strategy to the Board of Directors on a quarterly basis. The Board’s Nominations and Corporate Governance Committee, composed solely of outside directors, reviews these reports at each of its meetings to ensure we are in compliance with our political contributions policy. We submit quarterly reports to Congress detailing our federal lobbying, as required by the Lobbying Disclosure Act. 

In addition, casumo betPAC is required to submit to the Federal Election Commission regular, detailed reports of all distributions and contributions. These reports are available to the public online. casumo bet’s political activities and contributions are also subject to state-level regulations. States that allow corporate contributions to candidates or political parties require that the identity of the donors and the dollar amounts of political contributions be disclosed. This information is widely available on individual states’ websites.

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casumo bet has memberships in several industry, trade and business associations representing agriculture, manufacturing and the business community.

This allows us to work with many organizations on a variety of topics and advocate on behalf of our shareholders, our business, our suppliers, our customers, our employees and our communities.

While we may not always agree with all of the positions taken by an association or its members, corporate memberships enable us to learn the views of others, obtain feedback, and ultimately, voice our concerns, perspectives and positions on proposed legislation and regulations in a more educated and thoughtful manner.

One manner in which casumo bet supports political advocacy is through memberships in trade associations, which in turn engage in political advocacy. The amount of dues associated with this political advocacy is duly reported in casumo bet’s Quarterly LD2 filings. In 2020 the top associations in which casumo bet maintained membership that engaged in lobbying (based on dues attributed to lobbying) were:

Growth Energy

Corn Refiners Association

National Biodiesel Board

American Peanut Shellers Association

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On occasion, casumo bet supports efforts to influence the outcome of ballot initiatives at the state and local level. In 2020, casumo bet supported the California Recycling and Plastic Pollution Reduction Act of 2020, which would enact new regulations regarding single-use plastics. 

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As a registered entity that employs lobbyists, casumo bet files six reports each year with the Clerk of the House and the Secretary of the Senate. casumo bet’s LD-2 reports disclose expenses related to lobbying activities. casumo bet’s LD-203 discloses contributions made to Members of Congress.

2016

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2017

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2018

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2019

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2020

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2021

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Some casumo bet employees choose to support the well-being of their communities by participating in the political activities of their choice. However, they may only participate in such activities on their own time and at their own expense. They may never use casumo bet property or resources for personal political activities. In addition, they are prohibited from engaging in any political activities on casumo bet’s behalf, unless authorized to do so. Employees may not attempt to coerce coworkers, especially those who report to them, to support their personal political causes or candidates.

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casumo bet engages in a centralized, deliberative process when making decisions about the company's political participation to ensure that all applicable laws are followed, and all appropriate disclosures are made.

The company’s vice president of Government Relations and vice president of State Government Relations authorize corporate expenditures of less than $1,000. Contributions of greater than $1,000 typically require the approval of the board of directors of casumo betPAC. The casumo betPAC board of directors is chaired by the vice president of state government relations and composed of employees who represent various areas of the company.

From casumo bet’s Code of Conduct :

casumo bet will only engage in the political process when allowed by law. Our company will only contribute to political candidates or campaigns with the prior written approval of our CEO or the Government Relations department. “Contribute” is a broad term and may include money, property, services and so forth.

Lobbying activities are highly regulated. We therefore may not make any contacts with government officials in an attempt to influence legislation, regulation, policy or other governmental actions on casumo bet’s behalf. The only exception to this rule is when you have specific permission from our CEO or the Government Relations department. Additionally, lobbying activity may require certain reporting requirements.