The global technology industry experienced a 42% drop in company filings mentions of environmental sustainability in Q3 2023 compared with the previous quarter, with the highest share accounted for by Telefonica with 166% year-on-year increase, according to GlobalData’s analysis of over 973 technology company filings. GlobalData’s Technology: Filings Trends & Signals Q3 2023 report delves into earnings call transcripts and quarterly reports within the technology industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, environmental sustainability was one of the most frequently referenced themes in Q3 2023, ranking highest in terms of mentions, ahead of mobile payments and sports betting, according to GlobalData.
Of the top leading companies in the technology industry, Telefonica had the greatest increase in references for environmental sustainability in Q3 2023, compared with the previous quarter. GlobalData identified 726 environmental sustainability-related sentences in the company's filings - 38% of all sentences - and an increase of 166% in Q3 2023 compared with Q3 2022. Delta Electronics’s mentions of environmental sustainability rose by 8% to 630 and Meta Platforms’s by 2038% to 620 and ASE Technology’s by 31% to 599 and Sony Group’s by 11% to 597.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for environmental sustainability in Q3 2023 was 117.
For further understanding of GlobalData's Technology: Filings Trends & Signals Q3 2023, buy the report here.