Reputational laundering - the act of appearing to do good publicly in order to offset a negative image. A technique usually employed by individuals or corporations who have made their money in a morally questionable fashion and who wish to appear to have a moral conscience.
Reputational laundering often comes in the form of Corporate Social Responsibility, where a relatively trivial sum of profits are donated by the corporation to fund socially oriented activities in order to suggest that the corporation is socially responsible.
An example, often sited, would be major oil companies giving charitable funds to communities in the Nigeria Delta whose original livelihoods they were implicit in destroying through the extraction of crude oil.
However the practice of reputational laundering is by no means exclusive to corporations. Many morally bankrupt individuals donate money to charity in order that they are seen to care about social or environmental issues. As an added benefit to their undeservedly improved public image they also enjoy significant tax breaks on their donations.
Reputational laundering often comes in the form of Corporate Social Responsibility, where a relatively trivial sum of profits are donated by the corporation to fund socially oriented activities in order to suggest that the corporation is socially responsible.
An example, often sited, would be major oil companies giving charitable funds to communities in the Nigeria Delta whose original livelihoods they were implicit in destroying through the extraction of crude oil.
However the practice of reputational laundering is by no means exclusive to corporations. Many morally bankrupt individuals donate money to charity in order that they are seen to care about social or environmental issues. As an added benefit to their undeservedly improved public image they also enjoy significant tax breaks on their donations.
Given that it has just paid record fines for insider trading, PJ Gorman’s effort to support a youth programme in the inner city is little more than reputational laundering.
by katrinmacmillan May 11, 2016
Get the reputational laundering mug.A: "Would you like to meet for lunch?"
B: "Sorry, but I'm busy all morning, so let's make it lunner."
B: "Sorry, but I'm busy all morning, so let's make it lunner."
by Vikingess June 8, 2010
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Luderbenzin er det korrekte fag-term for de alkoholiske drikke Mokaï, Sommesby og Breezer.
Aldrig drik dette, eftersom det vil få dig til at fremstå som en person, der ikke har styr sine drikkevarer, hvilket ingen vil have, at folk tænker om en.
Aldrig drik dette, eftersom det vil få dig til at fremstå som en person, der ikke har styr sine drikkevarer, hvilket ingen vil have, at folk tænker om en.
by topper102 January 15, 2016
Get the luderbenzin mug.The process of running illegal proceeds through a supposedly legitimate business, to turn your "dirty" money into "clean" money, and, uh, fuck it just go watch season 4 of Breaking Bad.
by HighwayRobber November 17, 2015
Get the money laundering mug.When Betsy DeVos, Mick Mulvaney, and Elaine Chao say they are leaving the Trump Administration because they have principles, but we all know it’s less than two weeks before they would be out of their jobs anyway and they just want to save their social standing and careers in the future. Plus, they have no principles or integrity.
These reputational laundering attempts coming out in the final hours of the Trump White House are fooling no one.
by 45 exits the building January 9, 2021
Get the Reputational laundering mug.In sport fishing: When one of your "buddies" steals a fish you were trying to catch by rudely casting their bait in the same spot as yours. By luck they hook and land the fish that was destined for your bait.
Generic definition: An asshole that steals the glory from the person who did all the work.
Generic definition: An asshole that steals the glory from the person who did all the work.
Scott made the perfect cast to catch that musky, but Chris landeruded him by casting in the same spot and caught it first.
by Websters new August 7, 2014
Get the Landeruded mug.I hope I don't get busted by the State Bar for Landerholming, but I really needed that extra slush money for my trip to France.
by Lo lo rabbit January 22, 2020
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