The global aerospace, defence & security industry experienced a 54% drop in company filings mentions of social responsibility in Q2 2023 compared with the previous quarter, with the highest share accounted for by MTU Aero Engines with 33% year-on-year increase, according to GlobalData’s analysis of over 58 aerospace, defence & security company filings. The key social themes, commitment details of leading companies to social responsibility, and discussions and hiring activity for social responsibility in Aerospace, Defence & Security and 15 other key sectors are covered in GlobalData’s Social Responsibility Trends by Sector – Thematic Intelligence report. Buy the report here.
Notably, social responsibility was one of the most frequently referenced themes in Q2 2023, ranking highest in terms of mentions, ahead of internet of things and autonomous vehicles, according to GlobalData.
Of the top leading companies in the aerospace, defence & security industry, MTU Aero Engines had the greatest increase in references for social responsibility in Q2 2023, compared with the previous quarter. GlobalData identified 132 social responsibility-related sentences in the company's filings - 7% of all sentences - and an increase of 100% in Q2 2023 compared with Q2 2022. Boeing’s mentions of social responsibility rose by 100% to 47 and Raytheon Technologies’s by 900% to 42 and Safran’s by 100% to 35 and Howmet Aerospace’s by 100% to 4.
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 105.
To further understand GlobalData's analysis on Social Responsibility Trends by Sector – Thematic Intelligence, buy the report here.