Shipping industry filing buzz: Future of work mentions down 21% in Q3 2021

Mentions of the future of work within maritime company filings fell 21% between the second and third quarters of 2021.

In total, the frequency of phrases related to the future of work between October 2020 and September 2021 was 700% higher than in 2016 when GlobalData, from which our data is drawn for this article, began tracking the top issues discussed in businesses. deposits.

When maritime companies publish annual and quarterly reports, ESG reports and other documents, GlobalData analyzes the text and identifies individual phrases related to the disruptive forces companies will face in the years to come. The future of work is one such topic – companies that excel and invest in these areas are expected to be better prepared for the future business landscape and better equipped to weather unforeseen challenges.

To assess whether the future of work figures more prominently in the summaries and strategies of companies in the maritime sector, two measures were calculated. First, we looked at the percentage of companies that mentioned the future of work at least once in filings over the last twelve months – it was 57% compared to 16% in 2016. Second, we calculated the percentage of the total sentences analyzed that referred to the future of work.

Among the 50 largest employers in the maritime industry, Nagoya Railroad Co., Ltd. is the company that referred to the future of work the most between October 2020 and September 2021. GlobalData identified six future of work-related sentences in the Japan-based company. company deposits – 0.4% of all penalties. STEF SA mentioned the future of work in second place – the issue was also mentioned in 0.4% of the sentences of the company’s filings. Turk Hava Yollari Anonim Ortakligi, National Express Group PLC and Korean Air Lines Co Ltd.

Of all the companies in the maritime sector, the file published in the third quarter of 2021 which put the most emphasis on the future of work came from Jet2 plc. Of the 1,683 sentences in the document, seven (0.4%) referred to the future of work.

This analysis provides a rough indication of which companies are focusing on the future of work and the importance of the issue within the maritime industry, but it also has limitations and should be interpreted with caution. For example, a company that mentions the future of work more regularly is not necessarily evidence that it is using new techniques or prioritizing the issue, nor does it indicate whether companies in the company in the future of work have been successes or failures.

GlobalData also categorizes mentions of the future of work according to a series of subtopics. Of these subtopics, the most commonly mentioned topic in Q3 2021 was “collaboration tools,” which accounted for 57% of all future of work subtopic mentions by maritime companies.

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