Reasons for change in CSI expenditure
% corporate respondents - decrease 2023 n=16 | 2022 n=17
Change in corporate profits
81% of corporate respondents in 2023 - decrease
53% of corporate respondents in 2022 - decrease
Based on project requirements/needs of recepients
19% of corporate respondents in 2023 - decrease
29% of corporate respondents in 2022 - decrease
Inflationary adjustment
None in 2023
None in 2022
Change in definition of social investment
None in 2023
None in 2022
Policy or focus change
None in 2023
6% of corporate respondents in 2022 - decrease
Covid-19 response
None in 2023
None in 2022
Other
None in 2023
12% of corporate respondents in 2022- decrease
% corporate respondents - increase 2023 n=40 | 2022 n=28
Change in corporate profits
48% of corporate respondents in 2023 - increase
36% of corporate respondents in 2022 - increase
Based on project requirements/needs of recepients
18% of corporate respondents in 2023 - increase
29% of corporate respondents in 2022 - increase
Inflationary adjustment
15% of corporate respondents in 2023 - increase
3% of corporate respondents in 2022 - increase
Change in definition of social investment
5% of corporate respondents in 2023 - increase
None in 2022
Policy or focus change
5% of corporate respondents in 2023 increase
None in 2022
Covid-19 response
3% of corporate respondents in 2023 - increase
25% of corporate respondents in 2022 - increase
Other
6% of corporate respondents in 2023 - increase
7% of corporate respondents in 2022 - increase