Environmental Sector Payment Practices See Marginal Improvement: 2023 Scores Rise to 65.8/100

The Comparison

Here's a look at the payment performance metrics in the Environmental sector for 2022 and 2023, based on our analysis of 120 and 123 companies respectively:

• 2022: 120 companies were analyzed, yielding an average payment performance score of 64.0 out of 100.
• 2023: 123 companies were analyzed, with the average payment performance score increasing to 65.8 out of 100.

What This Means

While the environmental sector did see an improvement in payment practices between 2022 and 2023, the overall shift is relatively small. The increase of 1.8 points suggests a marginal improvement across the board, rather than a significant overhaul of payment behaviour. Businesses struggling with invoices that are frequently paid late can use resources such as this late payment calculator to assess the financial impact on their organisation.

One-line summary: In 2023, 123 Environmental sector companies averaged a payment performance score of 65.8/100, a slight increase from 64.0/100 based on 120 companies in 2022.