So much happened in 2020 that was relevant to the social impact space. One of the bright spots of the pandemic has been a proliferation of research on critical topics including racial equity and the Covid-19 pandemic.
Here are a few of the most powerful pieces from 2020 you can add to your corporate pitch decks (find more Social Impact Statistics You Should Know here):
Nearly 80% of respondents say companies need to recognize their role in systemic racial inequality and the same amount (80%) say they wish more companies would be honest about their past mistakes or biases in addressing or talking about race. Porter-Novelli 2020 Business Imperative For Social Justice Today Click to tweet
59 of the 199 companies that had released a Black Lives Matter statement had disclosed enough detail to show how many employees identify as Asian, Black, Latinx, or White, and just 17 of these companies had disclosed information that would typically be found in an EEO-1 Survey, the most detailed format of demographic disclosure. Just Capital’s 2020 Survey of America’s 300 Largest Employers Click to tweet
By 2050, our country stands to realize an $8 trillion gain in GDP by closing the U.S. racial equity gap. National Civic League 2018 Click to tweet
More than $11.9 billion in philanthropic funding was awarded for COVID-19-related funding, which dwarfed grants awarded for other recent disasters. CDP AND Candid’s Philanthropy and COVID-19 in the First Half of 2020 Click to tweet
53% of people would consider or love to give their time or money to social causes during the Coronavirus. Accelerist Special Report: Donor Response: Covid-19 Click to tweet
Nearly 75% of respondents report an increase in leaderships’ CSR expectations or demands due to COVID-19. ACCP & Rocket Social Impact 2020 Click to tweet
ESG INVESTOR TRENDS
As we recover from Covid-19, 96% of investors said they expect their firms to increase prioritization of ESG, with 93% expecting the companies they invest in to do the same. Click to tweet
Of the three ESG considerations (‘environmental’, ‘social’, ‘governance’) ‘social’ now ranks the highest in importance for respondents, jumping 15 points from last year and moving in rank from third to first place. 2020 Edelman Trust Barometer Special Report: Institutional Investors Click to tweet
These are only a few of the issue-specific social impact stats that caught our attention in 2020. Don’t see what you’re looking for in the stats above? Head on over to Social Impact Statistics You Should Know on the EFG website.
Did we miss one of your favorite social impact stats? Just hit “Reply” and let me know!
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