Deloitte: Business leaders can win the loyalty of millennials by driving societal and economic change

According to the 2018 Deloitte Millennial Survey, millennials today are increasingly pessimistic about the prospects for positive social and political change, and are concerned about safety, social equality and environmental sustainability. The survey was conducted among 10,455 millennials across 36 countries and participants had college or university degrees, were employed full time and worked primarily in large, private-sector organisations.

Most importantly, despite being disappointed by companies that prioritise profit over stakeholders’ concerns and the environment, millennials expect business leaders to drive societal and economic change  Tweet This!. They believe that, compared to political or religious leaders, business leaders are better able to address and solve the world’s most pressing problems, including climate change. Millennials are also attracted to corporations whose priorities align with their own and which provide them with the skills needed to deal successfully with the challenges of the Fourth Industrial Revolution.

Key findings of the 2018 Deloitte Millennial Survey include:

As the survey demonstrates, the timing is, today, ideal for responsible companies and business leaders to step up and take actions that benefit all of their stakeholders, the environment and society. By doing so, they will be responding to the rising expectations of millennials, prioritising and addressing the issues that matter to them and winning their loyalty.

 

 

 

80% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

FBRH GRI Standards Certified and IEMA approved Sustainability Course | Venue: London LSE

By registering for the next 2-day FBRH GRI-Standards Certified and IEMA approved Course you will be taking the first step in gaining the many benefits of sustainability reporting.

 

References:

This article is based on published information by Deloitte. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the publication’s meaning. If you would like to quote these written sources from the original please revert to the following link:

https://www2.deloitte.com/global/en/pages/about-deloitte/articles/millennialsurvey.html