The global power industry experienced a 65% drop in company filings mentions of environmental sustainability in Q2 2024 compared with the previous quarter, with the highest share accounted for by Enel with 41% year-on-year decrease, according to GlobalData’s analysis of over 621 power company filings. GlobalData’s Power: Filings Trends & Signals Q2 2024 report delves into earnings call transcripts and quarterly reports within the power 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 mobile and cloud, according to GlobalData.
Of the top leading companies in the power industry, Enel had the greatest increase in references for environmental sustainability in Q2 2024, compared with the previous quarter. GlobalData identified 1601 environmental sustainability-related sentences in the company's filings - 17% of all sentences - and a decrease of 41% in Q2 2024 compared with Q2 2023. JSW Energy’s mentions of environmental sustainability rose by 3% to 806 and American Electric Power’s by 28% to 479 and Tenaga Nasional’s by 44% to 385 and Adani Power’s by 76% to 367.
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 108.
For further understanding of GlobalData's Power: Filings Trends & Signals Q2 2024, buy the report here.
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