The global mining industry experienced a 42% drop in company filings mentions of future of work in Q1 2024 compared with the previous quarter, with the highest share accounted for by ABB with 34% year-on-year decrease, according to GlobalData’s analysis of over 209 mining company filings. GlobalData’s Mining: Filings Trends & Signals Q1 2024 report delves into earnings call transcripts and quarterly reports within the mining 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, future of work was one of the most frequently referenced themes in Q1 2024, ranking highest in terms of mentions, ahead of social and electric vehicles, according to GlobalData.
Of the top leading companies in the mining industry, ABB had the greatest increase in references for future of work in Q1 2024, compared with the previous quarter. GlobalData identified 76 future of work-related sentences in the company's filings - 7% of all sentences - and a decrease of 34% in Q1 2024 compared with Q1 2023. Sandvik’s mentions of future of work rose by 2950% to 61 and CNH Industrial’s by 600% to 14 and Rio Tinto’s by 71% to 12 and Metso’s by 1000% to 11.
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 future of work in Q1 2024 was 91.
For further understanding of GlobalData's Mining: Filings Trends & Signals Q1 2024, buy the report here.
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