Corporate Citizenship: A Safe Haven from Political Uncertainty
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Corporate Citizenship: A Safe Haven from Political Uncertainty

/ Quick Take

While the US political environment presents increasing challenges for businesses, it has had less direct impact on their corporate citizenship efforts. Only 14% of executives surveyed consider the current political environment to be challenging or extremely challenging for philanthropic activities, and nearly half (45%) do not find it challenging at all. This likely reflects the lower levels of political and regulatory scrutiny of corporate citizenship; and its critical role in facilitating social responsibility, goodwill, and support from key stakeholders.

While the US political environment presents increasing challenges for businesses, it has had less direct impact on their corporate citizenship efforts. Only 14% of executives surveyed consider the current political environment to be challenging or extremely challenging for philanthropic activities, and nearly half (45%) do not find it challenging at all. This likely reflects the lower levels of political and regulatory scrutiny of corporate citizenship; and its critical role in facilitating social responsibility, goodwill, and support from key stakeholders.

Trusted Insights for What’s Ahead™

Corporate citizenship strategies can help corporate leaders navigate political uncertainty and headwinds in a challenging election year—both within and beyond the company’s “four walls.” Companies can focus on three key areas to fully leverage corporate citizenship’s potential:

  1. Cultivating employees’ sense of purpose and belonging;
  2. Promoting civic engagement and voter participation; and
  3. Addressing bipartisan societal challenges such as economic opportunity, rather than culturally and politically sensitive social issues.
 

While most executives find the current political environment extremely challenging or challenging for t

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Author

Andrew Jones, PhD

Andrew Jones, PhD Andrew Jones, PhD

Senior Researcher, ESG Center
The Conference Board

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