Stakeholders Disconnected from Corporate ESG Efforts: Research

In light of corporations increasingly engaging in social activism, new research has found that many shareholders, employees, and customers disagree with their companies’ social and political activities. The Centre for Independent Studies (CIS) has released a report (pdf) shedding light on stakeholders opinions on corporate advocacy and activism. The study, which surveyed 2,500 Australians (1,000 consumers, 1,000 employees, and 500 shareholders), found that most stakeholders were unaware of their companies’ social and political activities. Specifically, 58 percent of the employees, 66 percent of the shareholders, and 44 percent of consumers did not follow their companies’ advocacy for social causes. The figures were even higher for political causes, with 83 percent, 74 percent, and 65 percent reporting a lack of engagement....