Mentions of environmental sustainability decreased in the technology industry in Q3 2022

The global technology industry experienced a 55% drop in company filings mentions of environmental sustainability in Q3 2022 compared with the previous quarter, with the highest share accounted for by Telstra with 173% year-on-year increase, according to GlobalData’s analysis of over 1,103 technology company filings.

Notably, environmental sustainability was one of the most frequently referenced themes in Q3 2022, ranking highest in terms of mentions, ahead of Covid-19 and social, according to GlobalData.

Of the 50 leading companies in the technology industry, Telstra had the greatest increase in references for environmental sustainability in Q3 2022, compared with the previous quarter. GlobalData identified 810 environmental sustainability-related sentences in the company's filings – 73% of all sentences – and an increase of 100% in Q3 2022 compared with Q2 2022. Sony Group’s mentions of environmental sustainability rose by 100% to 538 and Telefonica Brasil ’s by 389% to 519.

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 2022 was 113.

GlobalData, the leading industry intelligence provider, provided the underlying data, research, and analysis to produce this article.

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