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Forbes Best Brands for Social Impact 2024 list, powered by HundredX, showcases the top companies doing well at doing good. The list captures the top 300 brands, out of more than 3,000 possible brands, most selected by consumers for their overall trustworthiness and values, support of their communities, sustainability practices, and social stances. More than four million pieces of customer feedback, left by 185,000 individuals, contributed to the overall rankings.
Companies That Are Aligning Words With Actions To Do Good For Their Communities And Customers
HundredX calculated the rankings based on millions of customer-reported interactions, combining customers’ sentiments towards a brand’s values and trustworthiness, social stances, sustainability practices, and community support.
Customers who select Brand Values & Trust as a driver of satisfaction in the HundredX feedback flow are asked to select from five reasons that makes them view the brand positively or negatively when providing feedback. These are the three included in the Best Brands for Social Impact List Methodology:
Brand Values and Trustworthiness
Recognition of businesses that customers trust and appreciate for their values. Selected as a driver of satisfaction along with price, quality, and others.
Social Stances
Captures customer views on the positions a brand takes on social issues. Customers often take social stances into account when considering purchasing from a brand, including a brand’s political leanings and its willingness to publicly back its stances.
Sustainability
Largely assesses how customers feel about a brand’s environmental impact. Among other things, this may encompass the durability of a brand’s products, where and how a brand sources its materials, and a brand’s carbon footprint.
Community Support
Customers' perception on a brand’s community support. Brands that hold community events, donate to local non-profits, and are generally outwardly active in support of their communities.
By closely examining each factor, the Best Brands for Social Impact 2024 list provides a comprehensive look into how customers trust their favorite brands and their impact in making a difference.
“The Social Impact list rankings sheds light on an increasingly debated business topic: the role of the modern corporation in society.”
Rob Pace
Founder and CEO, HundredX
In partnership with Forbes, mission-driven data and insights provider HundredX utilizes the wisdom of the crowd to inform business strategies. Our innovative solutions enable business leaders to understand consumer purchasing behaviors, anticipate market share shifts, and identify the underlying factors influencing these trends.
Our collaboration with Forbes plays a crucial role in identifying brands that have earned genuine customer admiration. This partnership highlights our commitment to enhancing the understanding of customer trust in brands.
The Second Annual Best Brands for Social Impact list powered by HundredX exemplifies Forbes' continued commitment to highlighting top companies doing well at doing good. Forbes’ lists powered by HundredX include
Forbes Customer Experience All-Stars,
and
Forbes Best Customer Service.
With customer service more important than ever to a business’s health, it’s important to have a firm understanding of where your brand succeeds, and where it could use a little help, when it comes to the customer. We invite you to schedule a 30-minute session with our team for a deeper insight into the Forbes Best Brands for Social Impact 2024 list.
In this personalized session, you will:
Embark on the journey to elevate your brand and expand your market share.
Learn More About Forbes Best Brands For Social Impact
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