The global retail industry experienced an 81% drop in company filings mentions of environmental sustainability in Q2 2024 compared with the previous quarter, with the highest share accounted for by Hermes International with 5067% year-on-year increase, according to GlobalData’s analysis of over 218 retail company filings. GlobalData’s Retail: Filings Trends & Signals Q2 2024 report delves into earnings call transcripts and quarterly reports within the retail 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 Q2 2024, ranking highest in terms of mentions, ahead of governance and online payments, according to GlobalData.
Of the top leading companies in the retail industry, Hermes International had the greatest increase in references for environmental sustainability in Q2 2024, compared with the previous quarter. GlobalData identified 155 environmental sustainability-related sentences in the company's filings - 32% of all sentences - and an increase of 5067% in Q2 2024 compared with Q2 2023. H & M Hennes & Mauritz’s mentions of environmental sustainability rose by 483% to 105 and Trent’s by 33% to 75 and Wesfarmers’s by 425% to 42 and Dollarama’s by 157% to 36.
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 Q2 2024 was 93.
For further understanding of GlobalData's Retail: Filings Trends & Signals Q2 2024, buy the report here.
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