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The FTSE 250 in the Digital Index:
Key Insights from Black Sun


Rosie Edwards


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At Black Sun, we recently hosted a webinar exploring how the FTSE 250 is performing in the Digital Index, our benchmarking tool for corporate digital communications. The session provided a deep dive into current trends, key findings, and the practical steps companies can take to strengthen their stakeholder engagement.
For those who couldn’t join, here’s a recap of the discussion and the insights that matter most.

The Digital Index: Measuring What Matters

The Digital Index assesses how effectively companies communicate across their digital channels. It evaluates:

  • Content quality and clarity

  • Stakeholder engagement across audiences (investors, employees, readers) 

  • Adoption of digital best practices and innovation

We’ve applied the Index globally to the FTSE 100, the STI30 in Singapore, and other leading indices. Expanding the scope to the FTSE 250 allows us to better understand how mid-cap companies are embracing the challenges and opportunities of today’s digital environment.


Forces Shaping Digital Communications

The research highlights four forces reshaping how companies connect with stakeholders:

  1. Artificial Intelligence 
    AI is now central to digital strategies - driving translation, video generation, summaries, personalisation, and chatbots. Critically, it is also a traffic driver: visits to corporate websites from AI tools have risen by 900%.

  2. Shifts in Media Consumption 
    Stakeholders consume content differently. Some skim headlines, others want a balance of narrative and data, while many look into technical detail. Social channels and video are becoming increasingly important, while almost half of searches are expected to be “clickless” by 2025.

  3. Regulatory Change 
    Disclosure requirements such as the CSRD are pushing companies towards web-first reporting and accessibility compliance, reinforcing the role of websites as the central repository for corporate information.

  4. The Trust Deficit 
    Trust in institutions remains fragile. Businesses are now more trusted than governments and NGOs, but credibility depends not only on owned channels, but also on how content is surfaced by search engines and algorithms.


Key Findings from the FTSE 250 Digital Index

This year’s Index, under the theme “New Direction, New Realities”, offers a clear picture of where FTSE 250 companies are excelling, and where gaps remain. Six themes emerged:

1. Connected Narrative

A consistent corporate narrative is vital. While 77% of companies reference purpose, integration across sustainability, investor, and careers content is inconsistent. Leaders such as Burberry, Spectris, and Wood PLC stand out. Wood’s careers section, for example, introduces a compelling narrative supported by strong employee profiles that bring company culture to life. 

2. Investor Confidence

Nearly 90% of companies report KPIs and highlights, but fewer articulate a clear investment case underpinned by narrative. Burberry and Hayes are among those setting a higher standard, though opportunities remain to strengthen design and consistency.

3. Material Sustainability

Sustainability disclosures are improving, but only a subset of companies explain how they identify and prioritise material issues. Case studies and timely updates remain underused despite their value for engagement and search visibility. Breedon and Pennon are notable for transparent and well-structured sustainability communications. 

4. People and Culture

The careers page is increasingly more than a job board. Companies are showcasing values, benefits, and employee experiences to attract talent. Again, Wood PLC demonstrates best practice in bringing its culture to life through storytelling and design.

5. The Widening Gap

The performance gap between leaders and laggards has grown significantly. Leaders average 80%, while laggards average just 24%, a gap of 54%, compared to last year’s smaller margin. Leaders deliver strong narratives, engaging design, and dynamic content, while laggards often present outdated, static information and weaker user experiences. 

6. Harnessing Social Media

LinkedIn remains the dominant platform across both the FTSE 100 and FTSE 250. Usage of X (formerly Twitter) continues to decline, while video platforms like YouTube are growing. Emerging platforms such as TikTok and BlueSky are gaining traction but remain niche. The key is not to be everywhere, but to be effective: companies should focus on the platforms most relevant to their stakeholders and tailor narratives to each channel’s style.


Who Is Leading the Way?

  • FTSE 100: Coca-Cola HBC, Vodafone, and Centrica demonstrate excellence across narrative, investor, sustainability, and careers content.

  • FTSE 250: Burberry, Breedon, Hayes, Pennon, and Wood PLC stand out for their integrated narratives and effective use of digital channels.

Practical Lessons for FTSE 250 Companies 

The Index points to several clear actions for companies seeking to strengthen their digital communications:

  • Connect the dots between purpose, strategy, and sustainability

  • Use clear narratives, case studies, and people stories to build authenticity

  • Highlight key messages and data to support both human audiences and AI-driven tools 

  • Ensure design and user experience reinforce clarity and accessibility

  • Focus resources on the digital channels that matter most, and excel there

The FTSE 250 Digital Index makes one thing clear: the future of corporate communications will be shaped by clarity, authenticity, and digital excellence. Companies that invest now in connected narratives and smart use of technology will be best placed to earn stakeholder trust in the years ahead.

How Black Sun Can Help

Black Sun partners with clients to:

  • Benchmark against the Digital Index

  • Conduct content reviews with our specialists at Stratton Craig

  • Enhance site design and user experience

  • Provide data-led insights into stakeholder behaviour

  • Deliver AI and SEO strategies through our AI Authority Analysis tool

If you’d like to understand how your company measures up, or explore how we can strengthen your digital narrative, please get in touch with our team.

📩 Contact: Abbie Dixon

📧Email: adixon@blacksun-global.com


About Black Sun

Black Sun Global is a stakeholder advisory and engagement agency that's been driving transformation and positive change for ambitious brands for more than 20 years. With deep expertise in disclosure and reporting, ESG, sustainability, and digital engagement, we reshape how organisations connect with customers, investors, employees, and the wider world. 

We are trusted partners to some of the most influential global organisations, sparking innovation and sustainable performance through our strategic insights, partnerships, and proprietary technologies.

As founders of the Positive Change Group, we are on a mission to create a new kind of stakeholder relations partner. Our world-class specialists work closely with executive leadership teams to protect reputations, inspire trust, and promote responsible business practices - building resilience and long-term value in a rapidly changing world.

For more information, please visit: www.blacksun-global.com





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