Sustainability & Social Impact

We help clients to define, to amplify and to deliver their mission and purpose in society. 

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Drafting a new social contract for pharma

Tracking among the study’s global average of nine countries, the survey saw trust in healthcare companies fall to 62 percent, compared with 73 percent in May 2020, at an earlier stage of the COVID-19 pandemic.

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Breaking the Vicious Cycle of Distrust

The world is failing to meet the unprecedented challenges of our time because it is ensnared in a vicious cycle of distrust.

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Calling Business to Account on Climate

If they are serious about helping end the climate crisis, companies must publish accounts we can trust.

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Rebuilding Trust: What It Will Take — Home

Digital compendium of eight essays penned by leaders and experts from academia, business, media, and civil society reflects on the changing dynamics of trust in 2021 and offers insights on how institutions and leaders can, and should, rebuild trust in 2022 and beyond.

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Jacob Blake and Daniel Prude are names new to the American consciousness. George Floyd and Breonna Taylor were new names earlier this summer.

The names are new but we can’t help but feel we’ve seen this film before, each time with a different character. Trayvon. Tamir. Sandra. Michael. Rodney. Emmett.

For Black Americans, the topic of Trust is a tricky one. In the context of slavery, lynching, redlining, segregation, unequal pay, violent police brutality, mass incarceration, and repeat macro- and microaggressions, the idea of measuring Black Americans’ trust in institutions feels perfunctory.

Our newest research tells us what many knew all along. To be Black and to trust that business, government, and society will do right by you is to will away centuries of evidence to the contrary.

  • For Black Americans, institutional mistrust is substantial. Black Americans are less likely than other people of color to trust American institutions. They mistrust of NGOs (49 percent trust), Media (48 percent trust), Business (45 percent trust), and government (34 percent trust). They have little trust in small businesses (51 percent) and their employers (59 percent).
  • Black Americans have higher hopes for business, but they give it a lower report card. For Black Americans, the stated obligation for business to create change, educate the public, and get their own house in order is higher. But businesses’ performance on all three topics is lower.
  • Racism at work is obvious, widespread, and poorly-addressed. A whopping 77 percent of Black Americans see racism in their workplace, compared to 66 percent for Latinx and 65 percent for Asians. Only 20 percent of Black Americans believe their employers have made significant progress in redressing racism at work.
  • The Black community has low confidence in CEOs to address the problem. 55 percent of Americans and 65 percent of Black Americans now believe that CEOs have an active responsibility to be anti-racist. But 71 percent of all Americans believe that most CEOs are incapable of recognizing the racism that exists all around them. And 29 percent believe that CEOs themselves are deeply racist.

In the simple language of Glenn Rivers, we continue to love a country that doesn’t love us back. To put it bluntly: If business, government, and other institutions truly cared, we wouldn’t be where we are today.

Diversity & inclusion has long been HR-speak, a check-the-box exercise for corporations that rarely receives strong funding or institutional clout. But as widespread awareness of systemic racism intensifies, smart corporations will begin to think differently about their role in solving it.

With trust in government a disturbingly low 36 percent on this issue, it falls to business to carry forward Americans’ call for change. The companies that win will be those that follow a new playbook:

  • They’ll work to reflect the full diversity of the country in every aspect of their operations;
  • They’ll create change, galvanizing their communities to become involved in equity-driving programs;
  • They’ll create zero-tolerance policies for employees, vendors, and symbols that express racist thinking;
  • And they’ll partner to educate their workforces and the public on the underlying causes of inequality in the U.S.

Too often, corporations have used coded language to talk about Black America. We talk about people as “diverse hires” without recognizing that a person can’t be diverse; only a community can. We say “minorities” or “people of color” versus using clear language and terms to describe the problem and its solutions.

In fact, we are so indoctrinated by the dominance of white culture that we’ve failed to recognize that the people we call “minorities” are actually emerging as the majority thanks to demographic shifts. White Americans make up 75 percent of the population 55+, but only 56 percent of those 18–34. Kids ages 1–5 in the U.S. are minority white.

The corporations that will win in the long term will play the long game, preparing for a new future where diverse, equitable and inclusive workplaces actively address racial inequality. And smart corporate leaders will show true and explicit cultural awareness, recognizing that we are living through a massive, widespread shift toward anti-racism.

Police violence is a manifestation of white supremacy—a problem with a 400-year history that has yet to find a tangible solution.

For business, the challenge is huge. But so is the opportunity.

Lisa Ross is Edelman’s U.S. Chief Operating Officer

Over the past few years, the Edelman Trust Barometer has shown that in Singapore, the Trust Index – or the average percent trust across the four societal institutions of government, business, NGOs and media – remains relatively high, with Singapore in the trusted category. However, there is an increasing number of people who are concerned as to what the future holds, and they are questioning whether the system is working for them. While they stop short of a call for change, this is a clear indication that institutions and societal leaders in Singapore must grasp the opportunity to build trust.

Click here to download the 2020 Edelman Trust Barometer Singapore report.

NEW VERSION: Download the 2021 Edelman Trust Barometer Singapore report.

Concerns over job security

With increasing pessimism towards economic prospects, a large majority of employees in Singapore are worried about job loss due to concerns over a looming recession, immigration, the gig economy, lack of training, and cheaper foreign competition.

It is no surprise that they expect CEOs to lead from the front, with more than 9-in-10 employees expecting CEOs to speak out on issues of the day, including trainings for the jobs of the future, the impact of automation on jobs, diversity, and the ethical use of technology. Among the general population, there is also expectation that CEOs will step forward to take the lead on change, instead of waiting for government to impose it..

 

Inequity undermining trust

A record number of countries are experiencing an all-time high “mass-class” trust divide, spreading from developed into the developing world. Globally, there is a 14-point gap between the informed public (65) and the mass population (51), and there are double-digit gaps in 23 other markets. The gap in Singapore is 11 points, rising two points from 2019.

Income inequality now affects trust more than economic growth, with trust stagnating in high-growth developed markets. Even in developing markets, where strong economic growth can be linked to higher trust, trust in government sinks by 24 points when comparing markets with more inequality to those with less.

 

Opportunity to lead in parallel

There is increasing expectation that businesses can not only make money, but also improve the communities where they operate. With stakeholders – and not shareholders – now seen as most important to a company’s long-term success, business must collaborate with government and NGOs to tackle today’s and tomorrow’s challenges. This includes upskilling and retraining the workforce, protecting workers in the gig economy, and reducing workplace prejudice and discrimination.

On these issues and others, collaboration is a major opportunity for our institutions to advance society—and build trust.

Click here to download the 2020 Edelman Trust Barometer Singapore report.


For more information on the Edelman Trust Barometer, please contact:
John Kerr, CEO, Edelman Singapore
john.kerr@edelman.com

Our mid-year 2020 Edelman Trust Barometer Spring Update: Trust and the Covid-19 Pandemic shows a significant rise in Americans’ trust in both government and business. Since January, trust in government has risen nine points, and trust in business has risen six points.

This is particularly important because while trust in government has risen sharply to a record high in a few short months, the government in the U.S. is still distrusted overall, with an approval of only 48 percent. Overall, business trust has surged to 56 percent over the same period, signalling an opportunity for business leaders to play a major role in addressing issues related to the pandemic and help prepare for an overall return to work.

Download the report here

These historic rises in trust are especially important given the fact that our research shows that considerable increases in trust scores are often be followed by losses in trust. Simply put, our leaders must live up to this expectation immediately or risk squandering this unprecedented opportunity.

The role for business is particularly important because 60 percent of U.S. respondents say that CEOs should take the lead on the pandemic response as opposed to waiting for the government to impose it. That said, only 27 percent say CEOs are doing an outstanding job meeting the demands placed on them by the pandemic, indicating an incredible opportunity for business executives to step up and lead.

For corporate leaders, this is a unique moment of reckoning and an opportunity to leverage this rise in trust to act tangibly and collaborate effectively in ways that pave the way for an overall return to work.

To underscore just how high the stakes are for business leaders to get things right, 54 percent of U.S. respondents are very concerned about job loss due to the pandemic and not being able to find a new job for a very long time. This occurs at a time when only 37 percent of U.S. respondents believe business is doing well or very well at protecting their employees’ financial wellbeing and safeguarding their jobs.

Our data also shows that only 41 percent of Americans think business is doing “well or very well” at ensuring the products and services that people need most are readily available and easily accessible. Now is a time for clients to sharpen their strategic planning, in line with the ways Covid-19 is changing their audiences.

Our survey also uncovers a sense of underlying optimism that business leaders must tap into in order to positively transition out of the current situation and return to work. As horrible as the pandemic is, 64 percent of U.S. respondents believe this situation will lead to valuable innovations and changes for the better in how we live, work and treat each other as people.

Download the report here

 


About The 2020 Edelman Trust Barometer Spring Update:
Trust and the Covid-19 Pandemic

The 2020 Edelman Trust Barometer Spring Update: Trust and the Covid-19 Pandemic is an update to the 2020 Edelman Trust Barometer. The survey was conducted by Edelman Data & Intelligence between April 15 and April 23, and sampled more than 13,200 respondents in 11 markets: Canada, China, France, Germany, India, Japan, Mexico, Saudi Arabia, S. Korea, U.K. and U.S. 1,200 people were surveyed in each market, 100 of which were informed public. All informed public respondents met the following criteria: aged 25-64, college-educated; household income in the top quartile for their age in their country; read or watch business/news media at least several times a week; follow public policy issues in the news at least several times a week.

Please complete the form below to discuss the findings with an Edelman advisor.

 

In the 2021 Edelman Trust Barometer, the UK finds itself in its lowest ever position in a league table of trust, just one place off the bottom with only Russia below it. How did the birthplace of parliamentary democracy, the “mother of parliaments,” and a respected voice of sense on the world stage find itself in such an unaccustomed place? After all, the Trust Barometer is a global ranking of trust in the very institutions for which the rest of the world has often admired the UK. What exactly precipitated this fall from grace?

To live in the UK today is certainly to experience a very different atmosphere from the one that existed only two decades ago, before the financial crisis, before the post-Cold War euphoria became a hangover of uncertainty.

A toxicity has overtaken the tone of the UK’s internal conversation. Politicians of every party, including the Prime Minister, have taken to attacking the BBC, which other countries regard as a beacon of impartiality, for its bias. Other parts of the UK media openly attack the judiciary in a nation where the separation of powers has been a given for four centuries. And everyone, from MPs to schoolchildren, has taken to attacking each other on social media.

Little wonder then that the general population in Britain now distrusts its institutions with a trust score of only 42 percent. Edelman has also found a gaping trust gap between attitudes of the wealthier, more educated and more well-informed in society versus the rest (an 18-point gap). Even so, that informed public group has some fundamental worries of its own. Almost 70 percent of them agree with the sentiment that “democracy is losing its effectiveness as a form of government.” That is a stunning 14 15.5 percentage points higher than the average for the other members of the G7 group of advanced economies. Among the general population, it’s 60 percent.

Think about that for a moment: the cradle of parliamentary government, the defender of free speech, bastion of the rule of law, appears to be losing faith in the idea of democracy itself. Not only that, but Britain’s attitude to capitalism is changing. The country that gave the world its first financial capital – the City of London – is falling out of love with business-as-usual too. In the UK today, 63 percent of the informed public and 53 percent of the general population agree that “capitalism as it exists today does more harm than good in the world.”

Profound questions are being raised about globalization and unrestrained technological change, about how they fuel inequality and unfairness. Automation and downward economic mobility are stoking fears around job security. All of which is driving distrust in the UK, and to a far greater extent than the global average, the British people see their institutions as unethical.

You might well say, and you would be largely right, that other countries have gone through all the pressures and exhibited all the symptoms described above. There are two special factors, though; first, the UK is lower in trust and higher in disdain for institutions than almost all its peer group of nations; second, that peer group, and the rest of the world, just doesn’t expect Brits to be like this – such expressions of angst contradict the caricature of reserve and resolve.

Examining our 2020 findings, the explanation for these changes do in fact offer lessons for other nations.

Because it would be a mistake to think that Brexit alone was to blame for this collective loss of trust in our institutions, or indeed that somehow the UK is an outlier. Brexit is the easy answer, but it is not as simple as that.

While Brexit did prove to be the spark that lit the gunpowder, the conditions were set by years of institutional failures - the financial crash; the MPs expenses scandal; phone hacking and the advent of fake news on social platforms; and the Oxfam scandal in Haiti – that had already rocked trust in business, government, media and NGOs.

British institutions failed to recognise what happened and how to respond to it. They were too slow. Too bureaucratic. Not agile enough. Then, the failure to deliver Brexit – which had been an argument narrowly won by a British desire to “Take Back Control” – demonstrated how little control voters actually had. This disillusionment in turn injected that poisonous tone into our political discourse and consequently damaged trust in business and the media too among the informed public.

Banks after all have largely continued to behave like banks, politicians like politicians and journalists like journalists. There may have been reforms from within, but they are not easily visible from without. No wonder that when politicians dithered and then delayed over delivery, the voters put their foot down.

In the early hours of December 13, 2019, as the general election results came in, we found out the response to three years of drift: Millions of people who no longer trusted our institutions lent their votes instead to a man with not inconsiderable issues of his own around… trust.

Boris Johnson won with a simple message: “Get Brexit Done.” But voters were also voting to reject the bitter stalemate that had settled on the UK. They backed “doing stuff” over more argument.

The Brexit debate leads to the natural conclusion that Britain’s problems are the exception. But looking at the Trust Barometer and frankly the issues that many European countries face, all that has changed is that Britain is, unusually, the pacesetter. France is after all beset by yellow-jacketed weekly protests over pension reforms. Spain is divided over Catalan independence. Italy is unified only by constant political upheaval. Germany seeing the far right come from nowhere and trust in its gold-plated country brand collapsing. All four countries have institutional trust levels among the general population that are under 50 percent.

The challenge then for our institutions, whether in Britain, or most developed countries, is how to respond to the change that citizens from all walks of life are calling for. Undoubtedly, the way in which business and government co-operate will determine how they are judged. The results of special trust study we performed among the UK population shows that their reputations are inextricably linked in the minds of two-thirds of the British public, and three quarters want them to collaborate to solve social issues.

Our political and corporate leaders are on notice: incrementalism is no longer enough. Instead people are looking for big, bold change to deliver a discernible improvement in their lives. Quite possibly, given the erosion of trust in democracy and capitalism, it may also mean reform in order to make the system work better for those our institutions have left behind. Ultimately, it will require the reimagining of our institutions and systems. It is the scale of that change – economic, political, and societal – and the shape of that reform, that will ultimately determine whether we can repair trust in our core institutions.

Ed Williams is President and CEO of Edelman's EMEA region.

On January 21, 2020, Edelman launched the 20th annual Edelman Trust Barometer at the World Economic Forum in Davos. Each year, the Trust Barometer launch reveals insights that help leaders navigate society’s rapid changes.

This year’s report reveals a global pushback against the foundation of capitalist society. Fifty-six percent of respondents agree that “capitalism as it exists today causes more harm than good in the world,” and less than one in five agree that the “system is working for them.”

Against this backdrop of skepticism, we spoke to a panel of distinguished leaders to hear their thoughts and ideas on what needs to be done to rebuild trust in the four major institutions of business, government, media and NGOs. This year, our panel included:

  • Helle Thorning-Schmidt, Former Prime Minister of Denmark
  • Brad Smith, President, Microsoft
  • Sabina Fluxà, Vice-Chairman & CEO, Iberostar Group
  • Jimmy Wales, Founder, Wikipedia
  • Yoshito Hori, Founder & President, GLOBIS University and Founding Partner, GLOBIS Capital Partners

The panel was moderated by Thorold Barker, EMEA Editor of The Wall Street Journal, with an introduction by Richard Edelman, CEO of Edelman.

 

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