* Almost Half (44%) Have Set Net-Zero Goals Type of Content Press Release Layout Standard Format Body
Key findings of the report include:
ESG
* When asked whether staff members working on "S" (social) and "E" (environmental) issues within ESG worked jointly or separately, 83% of companies indicated that they worked jointly or somewhat jointly, up from 61% in 2020.
* The amount of ESG data and nonfinancial information companies report publicly continues to grow; a strong majority of companies (76%) increased the amount of publicly reported ESG data in 2021 from the prior year (61%).
* A strong majority of companies (98%) use some form of voluntary standards for ESG reporting, with the Global Reporting Index (GRI) used by 63%.
* Half of the companies indicated that ESG data is helping attract ESG investors.
* 54% of companies find measuring the social areas of ESG more challenging than others.
* 44% of survey respondents have set net-zero goals.
* Median total community spend grew by 13% from
* Giving as a percentage of pre-tax profit dropped by 23%, from .47% in 2019 to .03% in 2021
* 54% of global companies have at least one foundation; 32% of companies with a foundation have more than one
Employee Engagement
* 57% of companies offer paid volunteer time
* 67% of companies are increasing their investment in healthy lifestyles and wellbeing of their employees as turnover increases and employee engagement drops.
DEI
* 67% of companies are seeing DEI resources on the rise, while representation of women, minorities, and people with disabilities in the workforce and leadership continues to lag.
Nearly 200 companies in 15 countries and regions with a median revenue of
The data from this report shows it has been a hallmark year for companies responding to external stakeholders' needs and that they are accelerating towards fully aligning ESG with a company's overall business strategy. "As companies around the world respond to heightened stakeholder expectations, ESG programs continue to evolve and align and we see organizational structures and operations adapting accordingly," said
The CECP Global Exchange (GX) partners are in 16 countries and regions and serve companies by building a body of knowledge on locally relevant corporate citizenship best practices through information sharing and collaborative research. The GX acts as a catalyst to enhance and advance corporate social investment strategies. Other GX partners include: Business in the Community in the
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