Jan 27, 2021   SOURCE: PR NewsWire

Big Tech Companies Dominate 2021 Brand Pressure Index

NEW YORK, Jan. 27, 2021 /PRNewswire/ -- For the first time, tech brands accounted for all five top companies on the third annual Brand Pressure Index released today by strategic consulting firm High Lantern Group.

The HLG Brand Pressure Index provides a comprehensive measure of social issues at the forefront of public discourse with the greatest impact on corporate brands, as prioritized by a universe of 3,500 leading activists, influencers and political figures. The analysis spans 6 million tweets in 2020 in association with 350 top social issues and their intersection with 1,000 corporate brands.

Key insights include:

    --  Big Tech is the #1 industry facing pressure on social issues. Exposure
        continues to rise year over year, with tech brands targeted on a host of
        issues, including antitrust, disinformation, consumer privacy and racial
        equality.
    --  Racial equality is the #1 issue impacting corporate reputation, with a
        175% increase in corporate mentions by leading public actors in 2020
        over 2019. Climate change dropped from the #1 issue to the #2 issue.
    --  COVID drives surge in labor issues. Workplace safety jumped 134% in
        2020. Labor issues account for 8 of the top 15 issues associated with
        the pandemic.
    --  Brand pressure continues to rise. Overall issue-related brand exposure
        against businesses increased 4% in 2019 and 3% again in 2020, cementing
        public expectations for corporations to lead on social - and
        increasingly, political - issues in 2021.

"2021 will be Big Tech's high-water mark in terms of the industry's exposure to society's priorities," said Rob Gluck, Managing Partner of High Lantern Group. "Our research shows how brand strength correlates directly to higher societal expectations. The best companies use this relevance to deepen their engagement, establish leadership and build competitive advantage."

Read our full analysis here.

High Lantern Group is a strategic consulting firm that specializes in business leadership and reputation in the public arena. The Brand Pressure Index is powered by HLG's proprietary data analytics engine, which tracks more than 3,500 top issue-shaping activists, opinion leaders and policymakers - and leverages natural language processing to identify the issues most likely to shape public dialogue and corporate reputation. For more information about our firm and services, please visit us at highlanterngroup.com.

View original content to download multimedia:http://www.prnewswire.com/news-releases/big-tech-companies-dominate-2021-brand-pressure-index-301215752.html

SOURCE High Lantern Group