Copyright © 2025 Telesto Strategy, LLC
All rights reserved
Some have attributed the unexpected wins for progressive-leaning candidates in Canada and Australia to the “Trump Effect” — where policies and approach from U.S. President Trump have inadvertently galvanized electorates to non-populist electoral victories. While it may be too soon to call it a definite trend, corporate boards should evaluate key elections in 2025 to determine where there might be more political turbulence than anticipated. What additional surprises will 2025 hold?
Key takeaways:
- YTD election results have yielded surprising results in left-leaning parties winning, many citing the “Trump-effect” in action
- With 2025 hosting a number of elections germane to U.S. multinationals, corporate boards should evaluate their geopolitical outlook, strategy, and assess national security implications
- With so much increased geopolitical tensions, boards will have to improve internal capability to assess a growing portfolio of enterprise risks: regulatory and policy, geopolitical instability and nationalism, currency and economic volatility, legal and operational risk, reputational risk, and critical mineral access
2025’s surprising electoral outcomes – the Trump effect?
Electoral surprises have shown up globally and here in the U.S. A quick view of electoral surprises in the first four and a half months of the year:
- aa
Additional Telesto resources:
- Board Series: Know Your Supplier – Diversification risks amidst escalating trade wars
- Board series: How can companies stay ahead of Political Risk under Trump 2.0?
- Board series: The CEO confidence gap – How can boards step up in a context of global uncertainty?
- Atlas, equips your organization’s corporate directors and leaders with the insights and knowledge necessary to stay up to date, mitigate risks, and seize business opportunities associated with sustainability, climate, and ESG
- Prism, our ESG benchmarking tool, helps your organization to rapidly strengthen its sustainability, climate, and ESG performance and disclosures through in-depth benchmarking of industry peers and identification of gaps and areas of distinction
- Recently released by Telesto Strategy’s CEO & Founder, Alex Kruzel, The Courage to Continue: Stay the Course on Sustainability to Secure our Future, explores the connection between corporate priorities and President Trump’s national security agenda