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2023 Social impact partnership predictions

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Cause partnerships and social impact strategies have shifted significantly since the pandemic took over the world almost three years ago. Last year, we saw focus shift toward employees as a top audience, JEDI initiatives rise to the top of corporate priorities and an increase in ESG expectations.

We can’t guarantee what is in store for 2023, but as an agency celebrating our 20th year in business developing hundreds of social impact partnerships, we can share informed predictions straight from our recent experiences. Below are key trends we see shaping the partnership space in 2023.

Best practices to boost end-of-year cause campaign results

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The end-of-year giving season is upon us, spanning Thanksgiving to Giving Tuesday to New Year’s Day. The giving season is connected to holiday shopping, which will be worth $807 billion this year, with many shoppers ready and willing to donate to causes they care about.  

A great cause partnership can help nonprofits leverage this time to expand awareness of their cause and elevate their year-end fundraising. It’s also a great opportunity for corporate partners to increase brand awareness and strengthen customer loyalty. While implementing new ideas, it’s important to keep best practices in mind to ensure your campaign’s success.  

Check out a few of our best practices below and let us know how you put them to work this year. 

Four creative partnerships redefining cause marketing

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Are you reaching beyond the “tried and true”? Companies have long embraced donating a percentage of product sales to nonprofits and encouraging customers to do the same at the register. But they are increasingly looking to nonprofits for fresh ideas to engage their customers and communities. Only 40% of the CSR leaders we surveyed said that nonprofits were doing a good job at bringing unique opportunities to them. Check out four partnerships that are refreshingly creative.

Key Research Findings—Next Level Partnerships| Part III

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We hope you’ve been enjoying our series of blogs highlighting key research findings from our 2022 report, Next Level Partnerships: A Corporate Perspective. In Part I, we shared insights into what corporations are looking for from nonprofit partners. In Part II, we looked at how corporations make partnership decisions. In this third and final installment, we zero in on factors that influence the selection of nonprofit partners and what makes the partnerships successful.

Back to school, back to cause campaigns

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Higher consumer expectations are especially pronounced in Millennials and Gen Z. They are using their significant purchasing power to exert pressure on companies to comply with their values, including diversity, equity and inclusion. Companies that don’t align may find themselves boycotted. This has pushed brands to dig deep and put values and social impact at the forefront of their marketing efforts.

Take a look at some of the B2S campaigns we see getting it right this year.

For Momentum announces Best of the Best Halo Award winner

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The Halo Awards are North America’s highest honor for corporate social impact initiatives with outstanding consumer or employee engagement. These prestigious CSR, cause marketing and corporate social impact awards focus on initiatives where brand purpose and social impact intersect to help build a better world—and bottom line. Sponsored by For Momentum and selected by the Halo judges, the Best of the Best Halo Award is chosen from the full spectrum of Halo applications. It’s category agnostic and recognizes an initiative that demonstrates best practices in social impact engagement. The winner: Expedia Group and UNICEF USA – “Give the World a Shot.”

Key Research Findings—Next Level Partnerships|Part 2

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For Momentum is pleased to continue to bring you highlights from our recently released 2022 report, Next Level Partnerships: A Corporate Perspective, the result of polling corporate partnerships professionals from 65 companies. In Part 1, we focused on what corporations are looking for from nonprofit partners. Here, we’ll take a close look at how corporations make partnership decisions and select partners.

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