European companies strengthen digital transparency but fall short in leadership visibility
Europe 500 2024-2025
The 28th edition of Webranking by Comprend examines how well the websites of Europe’s largest companies address stakeholders’ expectations for transparency and accessibility. This year’s findings show a slight improvement, with the average score increasing to 48.4 out of 100, up from 47.2 last year.
The Webranking criteria are shaped by insights from stakeholders, including investors, analysts, and job seekers – who, for example, prioritise clear and accessible information on company purpose, innovation, risk management, and executive leadership.
48.40/100
Average score Europe 500, 2024-2025
47.20/100
Average score Europe 500, 2023-2024
Key findings
- High performance in the about us-section: The about us-section remains a strong point for European companies, fulfilling an average of 62% of the criteria. Nearly all companies clearly communicate foundational elements such as purpose, vision, and competitive positioning, enhancing trust and stakeholder understanding.
- Growing focus on innovation and digitalisation: With increased focus on corporate responsibility in technology, 80% of companies now report on digitalisation efforts, while 79% discuss emerging technologies like AI and blockchain. Notably, 73% detail their R&D initiatives, indicating a substantial commitment to transparency around innovation.
- Accessibility as an emerging standard: Ahead of the European Accessibility Act in 2025, we expanded our criteria to assess digital inclusivity in more detail. While only 35% of companies currently publish an accessibility statement, 76% scored highly on accessibility in technical scans, suggesting a proactive trend towards broader digital inclusion.
- Challenges in risk management disclosure: Risk management information is limited on many corporate websites. While 44% of companies provide a general overview of risk processes, only a minority disclose specific risks, leaving considerable room for improvement.
- Leadership visibility and trust: Despite the growing importance of executive visibility in fostering trust, only 11% of companies include direct leadership commentary in business strategy presentations on their websites, compared to 36% in sustainability strategy discussions. This suggests a missed opportunity to connect with stakeholders on broader strategic goals.
Strengths and best practices
Clear corporate identities are displayed in the about us-sections
The about us-section continues to be the best-performing section in the Webranking protocol, with an 62% average criteria fulfilment. It is often used by European companies to communicate information such as their purpose, vision or mission (97%), positioning in the industry (90%), competitive advantages (86%), and operating environment (86%), among other topics. This clarity helps build trust by giving stakeholders a comprehensive view of who these companies are and what they stand for.
QT Group highlight their global software leadership. They clearly emphasise innovation, productivity, and their extensive industry reach, with clear facts and company milestones.
Businesses most trusted to integrate innovation into society
As the Edelman Trust Barometer 2024 highlights, trust in businesses increasingly depends on transparent and responsible technology integration. Companies that openly communicate about their digitalisation efforts and emerging technologies can strengthen their role as accountable leaders in the tech-driven transformation.
Our data shows that 80% of companies provide updates on digitalisation progress, and 79% discuss their stance on emerging technologies in their operations. Furthermore, 73% share insights on their R&D and innovation initiatives, which indicates a broad commitment to transparency. In sum, the companies received good results in presenting information regarding R&D and/or innovation programs, with an average fulfilment of 70%.
A best practice example are Genmab, their website showcases how they integrate AI into their scientific approach. Furthermore, Henkel show information about their digitalisation through innovation different initiatives.
80%
present their digitalisation progress, Europe 500
79%
present information about emerging technologies such as AI, Europe 500
73%
present information about R&D and innovation initiatives, Europe 500
35%
present an accessibility statement, Europe 500
76%
received an Accessibility Cloud rating of A or B, Europe 500
Accessibility is increasingly important in corporate communication
As accessibility compliance becomes increasingly important in corporate communication, and with the European accessibility act, which will take effect in 2025, we have updated our Webranking criteria to include more accessibility-related metrics.
Presenting an accessibility statement is one of those criteria. It is a formal declaration of accessibility commitment and compliance that provides users with essential information, such as accessibility features, ongoing improvements, and ways to report issues. Only 35% of the ranked companies provide an accessibility statement, which leaves room for improvement.
Accor clearly outline their commitment to web accessibility, ensuring compliance with international standards and offering a variety of features to accommodate users with disabilities.
However, scans of websites made in collaboration with Accessibility Cloud gave a top rating of A or B for 76% of companies. While this is a good start, it will hopefully be followed by even higher results during the upcoming year.
By proactively prioritising accessibility, companies not only comply with emerging regulations but also create a sense of trust and inclusivity that resonates broadly with stakeholders and audiences. An accessible website signals that the company values all users equally, reinforcing a reputation for social responsibility and attention to user experience. Furthermore, accessibility efforts often improve a site's overall usability, making it easier for everyone to navigate and engage with content.
Challenges and opportunities for improvement
Risk management information falls short in IR sections
A significant gap on many European companies' websites is the limited information provided about risk management. While 44% of companies provide a general overview of their risk management routines and processes, further information about individual risk types is shared far less frequently. The evaluated types of risks, including operational, strategic, environmental, geopolitical, health and safety, and regulatory, receive notably low fulfilment rates, with no more than 18% of companies addressing these areas.
By providing more in-depth information on specific risk areas, companies can demonstrate a proactive stance on handling uncertainties. This enhances trust and reassures investors, analysts, and other stakeholders about their long-term stability and resilience.
Swisscom's risk management page is organised into clear sections, covering risk governance, identification, and monitoring processes. This structure helps stakeholders navigate complex information more easily and allows them to understand their approach to managing various risk types.
44%
provide a general overview of risk management routines, Europe 500
18%
address specific risk types, Europe 500
Managing and disclosing sustainability risks
Another risk management perspective revolves around presenting how you manage sustainability risks from a more dedicated sustainability perspective. Such risks could also be viewed from a more general risk management perspective and be presented with the previously mentioned risk overview, but here we are looking for more specific information. Only 36% of the ranked companies present this information, which leaves room for improvement.
Stakeholders, ranging from investors to clients and analysts—expect to find current and specific information about sustainability risks and governance structures in a centralised, easily navigable format rather than buried in lengthy reports, such as annual/sustainability reports.
Nordea's page for sustainability risk governance offers clear, detailed, and easily accessible information, enabling stakeholders to understand their risk management approach.
36%
present information about sustainability risk management, Europe 500
36%
include executive commentary on their sustainability strategy, Europe 500
11%
include executive commentary on their business strategy, Europe 500
Trust in leadership and thought leadership
The Edelman Trust Barometer 2024 also emphasises that CEOs and business leaders play a critical role in building trust, particularly by openly addressing societal and business challenges, especially in areas such as innovation, sustainability, and the ethical use of technology. Leadership visibility fosters trust, as it reflects accountability and commitment.
Webranking data highlights a gap in fulfilling this expectation. While 36% of companies include executive commentary in their sustainability strategy presentations on their corporate websites, only 11% do so in their business strategy presentations.
This suggests that companies are more attuned to showcasing thought leadership in sustainability than in broader business strategy, even though both areas are crucial for stakeholder trust. Including a CEO's quote in the presentation of the business strategy personalises the strategy, demonstrating that it is driven from the top and that the company’s leadership stands behind the direction it is taking.
Iberdrola present a dedicated “chairman’s area” in their press room with news, pictures, videos and a detailed profile. A dedicated area featuring the chairman allows stakeholders to gain insights directly from company leadership, strengthening transparency and credibility.
Top performers
1. Terna
95.3/100 points
2. Poste Italiane
94.1/100 points
3. Snam
93.8/100 points
Terna continue to be the top-peforming company for the fifth consecutive year, achieving an impressive score of 95.3. They especially excel in governance and share-related information, which closely align with stakeholder expectations for transparency.
Poste Italiane have re-entered the top three in Europe, driven by notable strengths in their investor relations and press sections.
Snam while dropping one place this year, remains closely behind Poste Italiane with a narrow gap of only 0.3 points in the overall score. This close margin underscores the competitiveness among Europe’s top companies in meeting the Webranking criteria.
Best climber
Vonovia have emerged as the best climber in this year’s ranking, achieving a remarkable increase of 18.2 points over last year’s score. This improvement reflects significant enhancements across their corporate website.
+ 18.2
points improvement
Top 20 - Europe 500
Rank | Company | Main country | Sector | Score |
---|---|---|---|---|
1 | Terna | Italy | Utilities | 95.3 |
2 | Poste Italiane | Italy | Insurance | 94.1 |
3 | Snam | Italy | Energy | 93.8 |
4 | Eni | Italy | Energy | 92.7 |
5 | Sandvik | Sweden | Industrial Goods and Services | 87.8 |
6 | Generali | Italy | Insurance | 85.3 |
7 | Valmet | Finland | Industrial Goods and Services | 84.8 |
8 | Givaudan | Switzerland | Chemicals | 84.3 |
9 | Wärtsilä | Finland | Industrial Goods and Services | 84.0 |
10 | Kesko | Finland | Personal Care, Drug and Grocery Stores | 82.2 |
11 | Trelleborg | Sweden | Industrial Goods and Services | 81.9 |
12 | Sampo | Finland | Insurance | 81.7 |
13 | Swisscom | Switzerland | Telecommunications | 81.5 |
14 | Fortum | Finland | Utilities | 81.2 |
15 | Iberdrola | Spain | Utilities | 79.2 |
16 | Repsol | Spain | Energy | 77.4 |
17 | VINCI | France | Construction and Materials | 75.0 |
18 | Mediobanca | Italy | Financial Services | 73.5 |
19 | BASF | Germany | Chemicals | 73.2 |
20 | Amplifon | Italy | Health Care | 72.6 |
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