3rd Annual Corporate Social Responsibility (CSR) Insights survey

What is happening? The results are in from the 3rd annual CSR survey show that “CSR teams do not have the staff and budget to meet the rising demands and expectations “

Why is this important? let’s check out some key metrics:

• 80% indicated company leadership demands of the CSR function have increased since 2021, representing a continued trend.
• Only 20% believe they have sufficient staff
• Only 25% believe they have sufficient budget
• In greatest demand are more integration with ESG (44%), more data on impact (39%), and more integration with DEI (36%).
• Only 33% consider their leadership’s understanding of CSR strategy to be high

How will this be important? Meeting leadership and stakeholder expectations will require funding. 50% identified a need for greater alignment between business and social goals, 42% seek enhanced ESG expertise on their teams, and 40% seek greater leadership support and buy-in for their work on behalf of the company.

CSR Wire | Corporate Social Responsibility Survey Reveals C-Suite Expectations of CSR Rising but Resourcing Lags