Make an Impact
It’s not just the right thing to do, It’s the smart thing to do foR: your bottom line, your employees, & your culture.
73% of Gen Z consumers were willing to pay more for sustainable products while 91% of Millennials would switch brands to one associated with a cause, given similar price and quality.
83% of millennials say that it's important for the companies they buy from to align with their beliefs and values.
There is nothing inherently noble in neutrality. If given the opportunity, 87% of Millennials would buy a product with a social and/or environmental benefit.
81% of Millennials expect their favorite companies to make public declarations of their corporate citizenship.
76% of 18-34 year-olds like when the CEOs of companies they buy from speak out on issues they care for.
47% OF GEN Z SAYS THAT BRANDS SHOULD SPEAK UP AND SPEAK OUT “BECAUSE IT’S THE RIGHT THING TO DO.”
Climate change/protecting the environment was the No. 1 concern for Gen Z, according to a recent Deloitte survey.
"It used to be that companies would align with charities that shared their same values. Now brands are taking these do-good values and baking into their corporate identities."
- Kirk Olson, VP of Trend Sights, Horizon Media
62% of Millennials are willing to take a pay cut to work for a responsible company
49% of Gen Z and 44% of Millennials said that their personal ethics have played a role in their career choices.
Millennials are the largest generation represented in the U.S. labor force (35% of total). 76% will consider a company’s social responsibility stance when making employment decisions while 94% like using their skills to benefit a cause.
44% of Millennials have turned down a job offer because the company's values did not match their own. Nearly half, 49%, said they have rejected assignments at work because of conflicts with their ethics, and 56% have sworn to never work for specific companies because of the organizations' values.
Nearly three-quarters (72%) agree that public companies should be “mission driven” as well as focused on shareholders and customers.
A survey of 1,026 adults for Fortune by polling firm New Paradigm Strategy Group found that as many Americans (64%) say that a company’s “primary purpose” should include “making the world better” as say it should include “making money for shareholders.”
Sources:
Millennial Demand for CEO Activism Surges
Reaching Gen Z Starts With Understanding Their Truths
The Deloitte Global 2021 Millennial And Gen Z Survey
Don’t want to lose your Gen Z and millennial talent? Here’s what you can do
The State of Consumer Spending: Gen Z Shoppers Demand Sustainable Retail
Cone Communications Millennial CSR Study
America’s CEOs Seek a New Purpose for the Corporation
Axios: Social Good is the New Sales Pitch
Forbes: How Millennials are Reshaping What's Important in Corporate Culture