The global aerospace, defence & security industry experienced an 11% drop in company filings mentions of social responsibility in Q1 2023 compared with the previous quarter, with the highest share accounted for by L3Harris Technologies with 7% year-on-year decrease, according to GlobalData’s analysis of over 81 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 Q1 2023, ranking highest in terms of mentions, ahead of cybersecurity and robotics, according to GlobalData.
Of the 50 leading companies in the aerospace, defence & security industry, L3Harris Technologies had the greatest increase in references for social responsibility in Q1 2023, compared with the previous quarter. GlobalData identified 54 social responsibility-related sentences in the company's filings, an increase of 800% in Q1 2023 compared with Q4 2022. Leidos’s mentions of social responsibility rose by 400% to 17 and Raytheon Technologies’s by 100% to 15 and Boeing’s by 500% to 13 and Lockheed Martin’s by 100% to 12.
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 Q1 2023 was 74.
To further understand GlobalData's analysis on Social Responsibility Trends by Sector – Thematic Intelligence, buy the report here.
Subscribe to our Newsletter
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.
