IR Magazine has released its third report into how Covid-19 has affected investor relations. It revisits the subject two years on from the Covid-19 and IR report, which looked at the early stages of the pandemic and one year on from the Covid-19 Update 2021, which looked at IR during the pandemic’s height.
The report examines how IR has adapted to changes as a result of the Covid-19 pandemic as well as company and wider economic performance during this time. It also looks forward to IR’s post-pandemic future and what IROs and investors think the lasting effects of the pandemic will be.
- More than half of respondents give a high positive rating of 8+/10 to how they value working from home/remote working, while just under half give a similar rating to increased virtual meetings/events.
- More North American respondents give high positive ratings to changes in working practices than do respondents in Europe or Asia.
- More respondents think virtual meetings/events and less travel will continue to have a large impact on their post-pandemic work than think these practices will have little to no impact.
- More than a third of North American respondents think remote working will have a large impact in the future, compared with just under a fifth of Asian IROs and investors.
- As of May 2022, just under four in 10 IROs had resumed international travel with the gradual lifting of pandemic restrictions.
- Nearly half of Asian investors now think management attendance at investor meetings is more important than they thought pre-pandemic.
- The majority of investors are actively concerned that a move back to in-person meetings will give them less opportunity to engage with senior management.
- Just under seven in 10 IROs agree that the ability of senior management to attend meetings will have a large influence on their choice between virtual and in-person formats.
- A majority of respondents believe Covid-19 has increased the importance of ESG.
- An overwhelming 84 percent of respondents believe the economic measures taken to combat Covid-19 will have a lasting macroeconomic effect.
- Just over six in 10 respondents believe the economy has performed better than they anticipated at the beginning of the pandemic.
This report is available only to IR Essentials, IR Advanced and IR Intel subscribers to IR Magazine.
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