The global sports industry experienced a 60% drop in company filings mentions of social responsibility in Q2 2023 compared with the previous quarter, with the highest share accounted for by Ambev with 19% year-on-year increase, according to GlobalData’s analysis of over 11 sports company filings. The key social themes, commitment details of leading companies to social responsibility, and discussions and hiring activity for social responsibility in Sports and 15 other key sectors are covered in GlobalData’s Social Responsibility Trends by Sector – Thematic Intelligence report. Buy the report here.
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Notably, social responsibility was one of the most frequently referenced themes in Q2 2023, ranking highest in terms of mentions, ahead of artificial intelligence and sharing economy, according to GlobalData.
Of the top leading companies in the sports industry, Ambev had the greatest increase in references for social responsibility in Q2 2023, compared with the previous quarter. GlobalData identified 51 social responsibility-related sentences in the company's filings - 3% of all sentences - and an increase of 100% in Q2 2023 compared with Q2 2022. Beijing Kuaishou Technology’s mentions of social responsibility rose by 100% to 32 and Ana’s by 100% to 25 and DoorDash’s by 100% to 19.
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 social responsibility in Q2 2023 was 162.
To further understand GlobalData's analysis on Social Responsibility Trends by Sector – Thematic Intelligence, buy the report here.
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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.
