The global banking & payments industry experienced a 17% drop in social media posts on environmental sustainability in Q1 2023 compared with the previous quarter, with the highest share accounted for World Bank Group, according to GlobalDataâ€™s analysis of social media posts. Environmental Sustainability is a growing trend that is affecting all industries, including the Banking & Payments industry. GlobalData’s ESG (Environmental, Social and Governance) in Payments – Thematic Intelligence report details the main trends, industry analysis, M&A activity and case studies in the market. Buy the report here.
Notably, innovation was one of the most frequently referenced themes in Q1 2023, ranking highest in terms of mentions ahead of artificial intelligence and Covid-19, according to GlobalData.
Of the 50 leading companies in the banking & payments industry, World Bank Group had the most mentions of environmental sustainability in Q1 2023. GlobalData identified 1,625 environmental sustainability-related posts in the industry's social media activity - 0.12% of all posts - and a decrease of 17% in Q1 2023 compared with Q4 2022.
To further understand GlobalData's analysis on ESG (Environmental, Social and Governance) in Payments - Thematic Intelligence buy the report here.