The global mining industry experienced a 10% rise in company filings mentions of corporate governance in Q1 2023 compared with the previous quarter, with the highest share accounted for by Atlas Copco with 47% year-on-year decrease, according to GlobalData’s analysis of over 583 mining company filings. Corporate governance is an important part of ESG initiatives in most of the industries today including mining. GlobalData’s report ESG (Environmental, Social, and Governance) Top Trends by Sector “ Thematic Research assesses the impact of ESG by identifying key trends, company filings, and hiring pattern across 16 key sectors. Buy the report here.
Notably, corporate governance was one of the most frequently referenced themes in Q1 2023, ranking highest in terms of mentions, ahead of batteries and environment, according to GlobalData.
Of the 50 leading companies in the mining industry, Atlas Copco had the greatest increase in references for corporate governance in Q1 2023, compared with the previous quarter. GlobalData identified 204 corporate governance-related sentences in the company's filings, an increase of 20300% in Q1 2023 compared with Q4 2022. Deere & Co's mentions of corporate governance rose by 8200% to 83 and CNH Industrial's by 2400% to 50 and Southern Copper's by 100% to 29 and Agnico Eagle Mines's by 100% to 24.
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 corporate governance in Q1 2023 was 108.
To further understand GlobalData's analysis on report ESG (Environmental, Social, and Governance) Top Trends by Sector “ Thematic Research, buy the report here.
Subscribe to our Newsletters
Get industry leading news, data and analysis delivered to your inbox
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.
