Public support for the regulation of corporate sustainability has grown dramatically over the past two decades in many important markets globally.
A majority of Corporate Affairs professionals – nearly three-quarters – feel that their company is interested in taking a public advocacy position on issues. This view is shared by experts across industries, with a stronger appetite for corporate activism in the food, agriculture, and forestry sector (80%). Those in financial and professional services perceive a slightly lower interest in corporate activism from their organizations (67%). This suggests that companies are increasingly aware of their role in managing global challenges and … “Insight of the Week: Corporate Affairs Professionals Indicate an Appetite for Activism Among Companies”
Insight of the Week: Corporate Affairs Professionals Perceive Growing Trust Among Their Stakeholders
Four in ten Corporate Affairs professionals now feel they are building stakeholder trust that their business operates in society’s best interest, a significant increase from a year ago. This could be due in part to positive feedback companies have received as a result of their response to the COVID-19 pandemic. Heightened trust in business may also indicate the successes of stakeholder engagement in working to better understand societal and environmental impacts. Data source: Oxford-GlobeScan Global Corporate Affairs Survey Report 2021
Overall, experts are now more optimistic that the pandemic will not derail action on sustainable development. In 2020, almost half of sustainability professionals predicted a de-prioritization of the sustainability agenda over the coming decade as a result of the coronavirus. Now just one in four experts believe this will happen. Furthermore, a third of experts believe more attention will be given to the environment due to the pandemic. However, COVID-19 is perceived to be exacerbating socio-economic challenges, with nearly four … “Insight of the Week: Stakeholders Predict Inequality as Biggest Outcome from the Pandemic; Much Less Pessimistic on Sustainability”
World Wildlife Fund (WWF) remains the most widely recognized NGO for its contribution to sustainable development, followed by Greenpeace and World Resources Institute (WRI). Professionals in the NGO and corporate sectors and those based in Asia-Pacific and Europe tend to be more likely to see World Wildlife Fund as a sustainability leader than respondents from other sectors and regions. While the selection of most-recognized NGOs has remained almost the same compared to last year, Greta Thunberg’s climate-focused youth movement, Fridays … “Insight of the Week: WWF, Greenpeace, and WRI Are Viewed as Leading NGOs in Advancing Sustainable Development”
Unilever remains the company most recognized by sustainability professionals across the world for its sustainability leadership, followed by Patagonia, Natura &Co, and IKEA. While the top ten companies are largely consistent over the past few years, there are some new entrants this year in the top 15 group of companies, including Kering, Schneider Electric, and Suzano. A commitment to an ambitious business model and strategy is increasingly seen as the defining attribute of corporate sustainability. Data source: GlobeScan / SustainAbility … “Insight of the Week: Unilever, Patagonia, Natura &Co, and IKEA Most Recognized For Their Sustainability Leadership”
Out of the 27 countries surveyed an overwhelming percentage (up to 92%) want governments to take stronger action to protect nature, even if it means restricting business activities. On World Conservation Day it is important to highlight the public’s desire for governments to act now. This is especially the case in developing countries with those in Kenya, Mexico and Vietnam agreeing the most that governments should take strong action. People in Japan agree the least (although still over 50%). Data … “Insight of the Week: Strong Public Support for Government Action to Protect Nature, Even if it Restricts Business Activity”
About the 2021 Sustainability Leaders Survey Findings from a new report 2021 Sustainability Leaders by GlobeScan and The SustainAbility Institute by ERM show sustainability experts believe the global pandemic will help draw attention to environmental challenges—but will also deepen socio-economic challenges such as poverty and inequality. The GlobeScan / SustainAbility Leaders Survey has tracked global expert opinions on the evolution of the sustainability agenda since 1997. The 25th edition of this report has taken place against the unprecedented backdrop of … “The 2021 GlobeScan / SustainAbility Leaders Survey | Report & Webinar”
28 July 2021: New research from GlobeScan and the SustainAbility Institute by ERM finds that sustainability experts believe the global pandemic will help draw attention to environmental issues—but will also deepen socio-economic challenges such as poverty and inequality. The GlobeScan / SustainAbility Leaders Survey has tracked global expert opinions on the evolution of the sustainability agenda since 1997. The 25th edition of this report has taken place against the unprecedented backdrop of the pandemic, with nearly 700 sustainability experts from … “Report: Global Survey Finds Covid-19 Is Intensifying Sustainable Development Challenges, But Leading Businesses Are Stepping Up Action”
Corporate Affairs experts rank employees as their most important stakeholder group, followed by shareholders and the investment community. This finding highlights corporate efforts to connect with employees during COVID-19 and speaks to the importance of maintaining a talented workforce for long-term growth, especially in a time of purpose-driven business. Data source: Oxford-GlobeScan Global Corporate Affairs Survey Report 2021