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Corporations continue to avoid ESG terminology in earnings calls (2024)

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February 6, 2024

At about the midpoint of the current earnings season, there have been almost no corporate mentions of ESG in earnings calls, according to recent FactSet data. Companies have either avoided the topic altogether or referred to ESG goals and strategies using different terms:

Midway through another earnings season, the free-fall in C-suite mentions of the movement for environment, social, and governance (ESG) strategies is on pace to plumb new depths.

There have been just nine direct mentions among S&P 500 companies of the politically controversial term amid the sea of hundreds of earnings calls in recent weeks, according to data from financial data company FactSet through Friday afternoon.

That is a far cry from the 156 mentions among S&P 500 companies during the fourth quarter of 2021, when usage of the term peaked according to the company.[1]

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  1. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.