Black Sun's 10th annual Digital Index reveals a record 52% performance gap between digital leaders and laggards. Discover which companies are excelling at stakeholder engagement and the strategies driving their success.
Written by -
In brief
The digital communications landscape has reached a turning point, with early adopters now operating in a completely different league from their competitors. Black Sun Global's tenth annual Digital Index reveals that while some companies abandon social platforms like X and double down on employee culture content, others are still stuck with static, one-size-fits-all approaches.
The research shows a record 52% performance gap between top and bottom performers, driven by AI adoption and rapidly shifting stakeholder expectations. The divide isn't just about having better websites - it's about fundamentally different approaches to how organizations connect with the people who matter most to their success.
Inside the numbers
~200
Variables Analysed across websites and social media
130
Leading global companies assessed - FTSE 100 & STI 30
52%
Performance gap between top and bottom performers - the widest yet
84%
Of analysts say a poor website can dampen investment decisions
43%
Say websites can be persuasive on investment decisions
79%
Investors use LinkedIn weekly
51%
Of analysts say a poor website can dampen investment decisions
75%
Of workforce expect their employer to be a force for good
"This year's findings reveal we've entered a 'New Direction, New Realities' era where traditional digital strategies are becoming obsolete. The companies pulling ahead aren't just using better technology - they're fundamentally rethinking how they build relationships with stakeholders in an AI-first world."
Impact of AI
From auto-translations to conversational chatbots, AI is redefining the entire digital value chain
Shifts in media consumption
From skimmers to divers, with the continued rise of social media even for investor audiences
Legal and regulatory scrutiny
Balancing full reporting requirements with effective narrative communication
Technological advances
Enabling "write once, publish everywhere" capabilities and accelerated content velocity
2025 Key trends and findings
1. Connected narratives A strong corporate story is now the cornerstone of digital engagement. The best-performing companies align their purpose, value creation, and governance with targeted stakeholder content. We are seeing a continued growth in more connected narratives driving stakeholder content.
Best performers: Centrica, Coca-Cola HBC, Haleon
52%
set out a clear investment case
52%
set out a clear investment case
85%
present a purpose-led narrative
76%
connect sustainiability directly to purpose
61%
purpose-led job seeker narrative
2. Building investor confidence Investors are placing greater emphasis on digital transparency. This year, we’ve seen a notable increase in dedicated investment narratives and online financial reporting.
Best performers: HSBC, Coca-Cola HBC, Vodafone
62%
include an introductory narrative
54%
articulate an investment case
51%
publish a full online report
3. Material sustainability Leading companies are moving beyond commitments to evidence, linking material sustainability topics to measurable outcomes. They are also more clearly articulating their material issues and their materiality process to explain why specific issues are material to their business.
Best performers: Reckitt, Rio Tinto, Sainsbury’s, Vodafone
76%
link sustainability to purpose
81%
share case studies
33%
outline their materiality process
4. People & culture in focus Last year there was a big step up in enabling job seekers to search and apply for jobs. This year we have seen a growth in the communication and emphasis on culture and values - aimed at attracting the right talent and better explaining what it is like to work at the company.
Best performers: AstraZeneca, Anglo American, SSE
16%
outline their materiality process
10%
growth in employee profiles
16%
growth in employee profiles
5. Leveraging Social Media The use of social media continues to grow. We have analysed the 'active' publication of content through different channels. The big shift was a big drop in active use of X - as predicted last year.
91%
use LinkedIn
28%
use TikTok
65%
use YouTube
57%
use Instagram
Laggards & leaders: The widening digital divide
As the bar continues to rise, so does the gap between those leading the charge and those falling behind.
Leaders
The strongest companies excel across all three dimensions of our Triple A framework.
They:
- – Develop cohesive, multi-stakeholder narratives
- – Use interactivity and content to foster deeper engagement
- – Leverage social media to extend reach and relevance
- – Prioritise accessibility, compliance and user-centred design
Overall leaders in 2025: Coca-Cola HBC, Vodafone, Centrica
Leaders in experience: Anglo American, Haleon, Coca-Cola HBC
Laggards
At the other end of the spectrum, laggards demonstrate:
They:
- - Minimal or outdated content
- - Weak or non-existent narrative
- - Low engagement levels
- - Little to no social amplification
- - Dated digital experiences
This year, we’ve observed a 52% performance gap between top and bottom performers – the widest yet. As digital becomes more strategic and stakeholder-driven, companies can no longer afford to treat it as a simple 'shop window'.
Want to go deeper?
If you'd like to discuss how these insights could inform your workplace culture strategy, we'd be happy to connect you with our brand and culture specialists at People Made.