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CommentaryDEI

$3.7 billion whisper: the explosive growth of quiet corporate activism

By
Sona Khosla
Sona Khosla
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By
Sona Khosla
Sona Khosla
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March 6, 2026, 6:00 AM ET
Sona Khosla is Chief Impact Officer at Benevity, the world's largest provider of corporate purpose software.
khosla
Sona Khosla is Chief Impact Officer at Benevity.courtesy of Benevity

There is a quiet revolution unfolding in corporate America, and we cannot let the noise of news cycles, algorithms, and click-bait narratives mislead us. The headlines may suggest that corporate leaders have tucked their tail and abandoned their values. But that’s simply not true. And there’s data to back it up.

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Observers like Amanda Mull writing for Bloomberg in Feb. 16, 2026 – “America’s Most Powerful CEOs Are Awfully Quiet Lately,” are pointing to “quiet” CEOs as evidence of retreat in the current political climate. In some cases, that’s true, but in many cases, it’s not. This isn’t a wholesale retreat; it’s a strategic pivot–a shift toward authentic, sustainable, community-focused initiatives that’s in fact more capable of driving measurable impact than the PR-driven citizenship we’ve been seeing since the pandemic. The assumption that silence is inaction is dangerously short sighted.

The Paradox of Silence

What critics interpret as a “corporate walk-back” is in fact a sophisticated recalibration. Companies are finding ways to continue purpose-driven work that is compliant, legal, effective – and most importantly – durable. According to Benevity Impact Labs’ State of Corporate Purpose Report, 92% of corporate impact professionals say their organizations continue investing in Corporate Social Responsibility (CSR) because it is good for business.

I’ve had dozens of conversations with C-Suite leaders at the world’s largest brands this past year. While the political climate is undoubtedly heavy, almost every single one of them spoke about how they are evolving their purpose work—not ending it.

The Data Behind the Quiet Revolution

Benevity’s 2025 numbers tell a compelling story of corporate purpose commitment that is accelerating, not wilting:

  • 9% increase in overall donations, a record-breaking $3.7B in 2025
  • Corporate granting is up 15% year-over-year
  • 57% year-over-year increase in global employee volunteering participation

A recent analysis of more than 400 survey responses from corporate impact leaders across the globe validates what I’m hearing in those conversations. More than 94% of CEOs are supportive of their company’s corporate purpose programs internally. This isn’t just sentiment; 57% of large enterprises have continued all of their initiatives without change, even in the face of public risk. Those risks are reshaping the approach, not the commitment. 85% acknowledged that their companies were cautious about which issues they supported vocally, and 76% of companies said their organizations remained committed but communicated more quietly.

Quiet Leadership in Action

The “corporate walk-back” narrative completely misses these shifts in approach. Take McDonald’s as an example. Media coverage back in 2024 portrayed the company as stepping back from its commitment to inclusion when it renamed their DEI department. While headlines focused on retiring from public-facing terminology, they ignored the actual work being done. The company continues evolving its practices, prioritizing work that supports inclusive leaders, ensures pay fairness, and strengthens Employee Business Networks (EBNs). These networks foster inclusive environments, provide career development opportunities, and share critical cultural insights that support the business. Isn’t this exactly the work we actually demand of companies?

L’ORÉAL Canada is another example. When faced with global backlash on DEI and sustainability initiatives in 2024, they didn’t go quiet, they doubled down. Maya Colombani, Chief Sustainability, Human Rights and Diversity, Equity & Inclusion Officer L’ORÉAL Canada, describes how they “committed even more publicly” and signed the Canadian government’s carbon neutral challenge, even inviting the Minister of Environment to witness their efforts. “When it’s tough, it’s when you stand up,” Colombani explains, “because for us, sustainability . . . is our value.”

The results speak volumes: internal surveys show sustainability remains a top source of pride for employees with satisfaction scores continuing to grow, university recruitment improved as candidates were drawn to the company’s authentic commitments, and the company won major sustainability awards including the Mercury Award in Quebec. L’ORÉAL Canada achieved 100% renewable energy three years ahead of schedule. That’s not a retreat from purpose-driven work; that’s a commitment to it. 

Bottom line? While companies may communicate more quietly, they are leaning into the actual work of corporate citizenship, creating more resilient and performant businesses along the way. Again, the data is clear: 94% of companies say volunteering builds business resilience, while 88% of impact leaders cite CSR as a primary “future-proofing” mechanism for talent acquisition, customer loyalty, and regulatory readiness. Smart CEOs understand that abandoning purpose would be catastrophic for business. When 86% of leaders say they are proud of the difficult choices they’ve made recently, we don’t see cowardice, we’re seeing fortitude.

The quiet strength of the quiet revolution

For CEOs navigating this landscape, the directive is clear: stay focused on the work, not the noise. Businesses that disconnect from societal needs won’t survive the next decade, but those that, whether quietly or publicly, deliver on their commitments—to their people, their communities, and the world—will be the ones that thrive.

In corporate America today, going quiet might look like a retreat, but it is really a strategic recalibration. Moving a mission from the headlines into the core of the business is not an act of cowardice; it is an act of maturity. The revolution is real; it’s just happening behind closed doors.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

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