A sharp decline in Austrian transparency results

Today we report the findings of the 15th Webranking by Comprend 2020-2021 Austrian edition in collaboration with Lundquist. Austrian companies this year fail to meet the growing demands for transparent digital communications, as the average dropped by 5.2 points.

The Austrian average of 41.7 points dropped from last year’s 46.9-point average (-5.2 points). This drop is much sharper compared to the European average, which dropped by 2.1 points on average. This year the research evaluated 21 Austrian companies (2 of which have also been included in the Europe 500 list).

Insufficient disclosure of key aspects of corporate communication

Austrian corporate communication on financial results continues to be the lowest scoring section. Besides, forward- looking communications, such as presenting the business strategy, financial targets and so forth, remain a sore point for the majority of Austrian companies.

On a positive note, Austrian companies have improved their governance communications. They also fare relatively well when it comes to reporting.

Austria top 10

Rank	Company	Score out of 100
1	Wienerberger	60.4
2	Erste Group	59.8
3	OMV Group	57.3
4	Vienna Insurance Group	55.4
5	Voestalpine	51.6
6	Lenzing	48.9
7	Telekom Austria	46.6
8	Verbund	43.2
9	Uniqa Insurance Group	43.0
10	Raffeisen Bank International	42.0