Notably, the number of environmental sustainability-related patent applications in the retail industry was 70 in Q2 2023, versus 186 in the prior quarter.

The top five companies accounted for 46% of patenting activity

Analysis of patenting activity by companies shows that Strong Force Iot Portfolio 2016 filed the most environmental sustainability patents within the retail industry in Q2 2023. The company filed 8 environmental sustainability-related patents in the quarter, compared with 4 in the previous quarter. It was followed by NIKE with 8 environmental sustainability patent filings, Alibaba Group (8 filings), and Geotab (5 filings) in Q2 2023.

Patenting activity was driven by the US with a 63% share of total patent filings

The largest share of environmental sustainability related patent filings in the retail industry in Q2 2023 was in the US with 63%, followed by China (27%) and Japan (4%). The share represented by the US was 16% higher than the 47% share it accounted for in Q1 2023.

To further understand GlobalData's analysis on ESG (Environmental, Social, and Governance) Top Trends by Sector - Thematic Research buy the report here.

This content was updated on 2 August 2023

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 Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.