It's that time of year for the release of the latest version of one of the most insightful annual studies; a study that really helps make sense of what we see happening around the world, and which should be part of any company's PESTLE consideration.
Each year, the Edelman Trust Barometer surveys thousands of people across the globe (this year, 33,000+ people in 28 countries) to measure trust levels in four key institutions: government, business, media, and non-governmental organisations (NGOs). It was launched in 2000 and aims to provide a snapshot of the public mood, exploring how trust—or the lack of it—shapes perceptions, behaviours, and societal trends. By analysing patterns and changes in trust levels, the report sheds light on the factors influencing institutional credibility and highlights emerging challenges and opportunities for leaders in navigating an increasingly complex world.
The 2025 Edelman Trust Barometer has just been unveiled at the World Economic Forum in Davos. And this latest report reveals a significant shift from political polarisation of the recent past to widespread societal grievance, driven by deepening economic fears and a pervasive sense of unfairness. This shift has been developing over recent years but has experienced a notable acceleration in the past year.
This transformation has profound implications for businesses, especially small and medium-sized enterprises (SMEs), as they navigate an environment of declining trust and increasing public dissatisfaction.
Trust, or the lack of it, is experienced by people. These people assume different roles, and the reduced levels of trust highlighted in the 2025 Edelman Trust Barometer affect these various groups in different ways:
While this sort of environment can - and does - feed populist sentiment, it can also propel progressive change. And we do seem to be in the middle of a tug-of-war between populism and progressive change. But while this trust crisis presents challenges for business, it also provides opportunity to differentiate themselves by becoming leaders in trust-building.
Businesses are truly in a strong position to influence the hearts and minds of people - as individuals, members of society, employees, and customers etc, and build trust in meaningful ways. Here are some ideas:
1. Invite People In. Trust is built in the details—so invite employees, customers, and communities to understand how your business operates and what it stands for. Transparency, openness, and honesty set the foundation.
2. Help People Thrive. Empower your employees with opportunities and the means to grow, learn, and succeed. Address fears of job loss by reskilling your workforce and fostering a culture of curiosity and adaptability.
3. Make a Difference Beyond Profit. Look beyond the bottom line. Commit to causes that align with your values and resonate with your stakeholders. Whether it’s community projects or sustainability initiatives, actions speak louder than words.
4. Be a Trusted Guide. In a world overwhelmed by misinformation, your business can be a source of clarity. Communicate your goals, challenges, and progress authentically—even when the answers aren’t perfect.
5. Adapt and Evolve. Stay alert to economic, social, and environmental changes. Resilience and flexibility are not just survival strategies; they’re essential to thriving in uncertain times.
6. Actively Listen and Engage. Trust is a two-way street. Create spaces for dialogue where employees, customers, and communities feel heard. Listening—truly listening—can unlock unexpected insights and strengthen connections.
7. Lead with Values and Lead by Good Example. Values are not just words; they’re lived through observable behaviours. Treat employees, customers, and partners with respect and fairness, and demonstrate integrity in every decision. Leadership that consistently reflects organisational values inspires trust and sets a standard others will follow.
“In leadership, trust is the currency. With it, everything is possible. Without it, nothing is.”
– Craig Weatherup ( ex CEO & Chair PBG, Philanthropist)
How are you going to help lead us into a more trusting future?
Ad Futurum
Graham