The global construction industry experienced a 36% drop in company filings mentions of environmental sustainability in Q4 2023 compared with the previous quarter, with the highest share accounted for by Sumitomo Electric Industries with 3880% year-on-year increase, according to GlobalData’s analysis of over 909 construction company filings. GlobalData’s Construction: Filings Trends & Signals Q4 2023 report delves into earnings call transcripts and quarterly reports within the construction 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.
Smarter leaders trust GlobalData
Notably, environmental sustainability was one of the most frequently referenced themes in Q4 2023, ranking highest in terms of mentions, ahead of social media and online travel, according to GlobalData.
Of the top leading companies in the construction industry, Sumitomo Electric Industries had the greatest increase in references for environmental sustainability in Q4 2023, compared with the previous quarter. GlobalData identified 199 environmental sustainability-related sentences in the company's filings - 15% of all sentences - and an increase of 3880% in Q4 2023 compared with Q4 2022. Parker Hannifin’s mentions of environmental sustainability rose by 1271% to 96 and CNH Industrial’s by 640% to 74 and Johnson Controls International’s by 34% to 68.
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 Q4 2023 was 117.
See Also:
For further understanding of GlobalData's Construction: Filings Trends & Signals Q4 2023, buy the report here.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
