Over the past 18 months we’ve seen a huge shift in communications. This has been caused by people’s fluctuating needs, ever changing Covid-19 guidelines, fragmented workplaces, and rising expectations around the roles and responsibilities of business. When it comes to employee engagement, according to Harvard Business Review, during the pandemic, more than 90% of employees said they wanted weekly communication from their company.
There’s been a definite move towards more immediate, empathetic and personal internal communications. Comms has had to balance the requirement for frequency of information, without being overwhelming. No one size fits all anymore, especially as individuals have been experiencing working from home and return to office differently.
Externally, with the rise in people’s expectations of companies to take action and play their part in driving wider societal and environmental change, businesses have had to communicate their commitments and activity more transparently and effectively than ever before.
89% of consumers believe purpose is demonstrated through how the company benefits society (and environment). But they want to see it. They expect brands to share their impact through all touchpoints. (Sustainable Brands and Harris Poll Study).
So, as we move into 2022, here are some of the key Responsible Business communication trends.
Organisations are increasingly being asked for more information about their Responsible Business efforts – by investors, employees, in procurement, by clients, consumers and the public. To ensure best practice, a robust framework, deep data, assets and rich resources need to be in place to support this multi stakeholder approach. Engaging people with your sustainability story, aspirations and impact all has to be underpinned by a clear narrative, plenty of evidence and some technical knowledge to avoid purpose washing or unconvincing messaging.
To meet this demand, it’s important that companies understand how to balance the information being communicated. As Responsible Businesses, you will want to ensure communications cover all of your key focus areas of activity i.e. usually people, planet and society, underpinned by governance and ethics. It’s about talking about sustainability, but also about how you’re tackling human rights, looking after your people’s wellbeing and working with community partnerships to deliver positive change.
Any Responsible Business agenda and clarity over communications has to be driven by leadership. An important trend for 2022 will be to empower senior leaders and managers to be able to communicate Responsible Business messaging better. This includes being clear around terminology used – Responsible Business, ESG, Purpose, Sustainability, Social Impact, Social Value. Which do you use? Is it a mixture of it all? Can you respond to what being responsible means to your organisation specifically – and why?
A good company culture can make or break a workplace and increase revenue by 4x. (Forbes)
To engrain and grow a purposeful culture means ensuring employees are not only engaged with your Responsible Business agenda, but that it also resonates with them. Staff need to know how working for a Responsible Business impacts their specific department, team and them as individuals. To truly engrain what it means to be a Responsible Business, the messaging needs to be internalised across all tiers of the organisation and it needs to drive and inform behaviour, decision making, operations and activity.
According to research by Deloitte, 77% of executives think that companies are not focused on aligning employees and their personal goals with corporate purposes, so clear communications which help bridge this are critical.
The number of environmental, social and corporate governance (ESG) regulations and standards globally has nearly doubled in the last five years. (EY: The Future of Sustainability Reporting Standards)
More businesses are being either required (due to regulation) to report more formally or are taking the decision to do so voluntarily, committing to transparency and accountability. The ESG industry is experiencing an extreme pace of change, but there isn’t one common language we can use to measure and report on progress. So, it can get complicated for businesses.
This coming year, it will be vital to keep up to date with trends and requirements regarding reporting and metrics, as well as to find creative ways to engage multiple stakeholders with the information so it’s meaningful.
Some top tips for helping you report on your Responsible Business:
For more recommendations and information:
👉 Watch our webinar recording and read key takeouts on impact reporting and communications https://veritylondon.co.uk/past-events/purpose-reporting-for-responsible-businesses .
👉Or download your Purpose Reporting Toolkit with templates and key questions to get you started https://content.veritylondon.co.uk/purpose-reporting-toolkit/
33% of employees said a lack of open honest communication has the most negative impact on employee morale. (Accountemps)
Trust in business may be at its lowest in nearly a decade, with business leaders expected to drive positive change and be accountable for doing so. According to the 2021 Edelman Trust Barometer there is a “failing trust ecosystem leaving the four institutions – business, government, NGOs and media – in an environment of information bankruptcy”.
There’s both a rise in consumer interest around purpose – and also cynicism. Both are of equal importance so illustrating your Responsible Business’ delivery through credible and grounded communications is vital.
Enthusiasm for Responsible Business can risk accidental over-claiming. Communications and Responsible Business teams must find ways to police and promote the commitments and delivery in ways that won’t fall foul of green or purpose washing.
You may be interested in this article we wrote on communicating an authentic green agenda 👉 https://veritylondon.co.uk/past-events/articulating-a-clear-green-narrative
Sadly, we are still living with the pandemic. Since its outbreak, 75% of employees say they feel more socially isolated, 57% feel greater anxiety and 53% are emotionally exhausted (Harvard Business Review).
The ‘Great Resignation’ trend is developing from people prioritising their lifestyle and protecting their mental health. Companies have a huge role to play to look after their people and respond to the threat of losing part of their workforce.
The need to listen and engage employees with effective internal communications has never been greater (or harder). Creative solutions and approaches will be vital, in particular the use of short videos, audio and design-based content that inspire, connect and motivate. As working models continue to adapt and be flexible, so too will comms need to do the same.
If you need a little inspiration – or moment of light relief – this is a great video from KPMG Norway about the challenges of Return to Office: https://www.youtube.com/watch?v=LJLuIiqGKcc
And here’s a link to our article and webinar on the topic of Return to Office communications 👉 https://veritylondon.co.uk/past-events/return-to-office-employee-communications