Chart of the Week: JUST Companies Continue to Outperform Their Competition
This week, we dive into the history of our JUST Rankings and evaluate how America’s Most JUST Companies have performed on a cumulative basis since inception, finding that the top four quintiles as the top quintile has outperformed the bottom quintile by 29.9% cumulatively.
We analyze how the BRT purpose statement signatories measure up to Americans’ expectations, and compare to other Russell 1000 companies.
Timed with the one-year anniversary of the Business Roundtable’s landmark redefinition of corporate purpose, we asked the public how they believe companies are doing in shifting from a myopic focus on shareholders to better serving the needs of all stakeholders.
64% of Business Roundtable signatories released statements standing in solidarity with their Black and Brown colleagues and communities over the past few months. But how are they actually performing on key racial equity actions?
If You Take Stakeholder Capitalism Seriously, You Need to Take Hazard Pay Seriously
Providing hazard pay is stakeholder capitalism in action
Chart of the Week: Just Companies See Shallower Drawdowns in Market Downturn
As our economy sees increasing uncertainty after the market recovery in Q2, this week’s analysis dives into our 2020 Rankings to evaluate median maximum drawdowns by quintile.
Many retail companies have stepped up on paid sick leave, but more is urgently needed from corporate leaders.
Essential Workers Remain at High Risk on the Frontlines. But for Many, Hazard Pay Has Expired.
Of the 38 hazard pay policies originally announced by America’s largest employers, half are confirmed to have expired.
ESG Measurement Will Need Upgrading If It’s To Meet Public Expectations
If one thing has become clear this year, it’s that corporate stakeholder performance claims – on COVID-19, racial equity, and other “S” issues – must be backed by real action.
This week we look at severe communities controversies within the companies we cover, and see a significant outperformance for those who don’t have at least one severe controversy.
A “Great Reset” Is Far From Guaranteed
Americans want a “Great Reset”, but corporate actions to protect worker health, extend hazard pay and protect jobs are faltering.
Paid sick leave is more crucial than ever, but many low-paid Americans lack access during the coronavirus crisis.
Chart of the Week: Companies Paying a Fair Wage Outperform Peers in the Downturn
This week, we double down on employee compensation and dive into our “Pays a Fair Wage” metric to showcase how companies’ wages differ across various job titles when compared to industry peers.
Read Our Response to the Department of Labor Proposal We Believe Will Crush Important ESG Momentum
The DOL has stated that ESG funds are “vehicles for furthering social goals or policy objectives that are not in the financial interest of the plan.” We completely disagree – here’s why.
The health care company is working to align shareholder value with a positive societal impact, said CEO Bruce Broussard in the Quarterly JUST Call.
How Corporate Transparency on Racial Equity is Driving Investment Decisions
On July 27, JUST hosted a discussion with representatives from two of America’s largest pension funds and Bloomberg’s chief diversity reporter on why disclosing workforce demographic data is a crucial first step toward addressing racial inequity in corporate America.
Keeping ESG out of 401(k) Plans Hurts Participants and Produces Worse Outcomes
Last month, the Department of Labor (DOL) proposed a new investment duties rule that would essentially keep ESG funds out of retirement accounts. Everything I’ve seen throughout my career shows that such a move would hurt investors.
JUST Capital Is Committing to Racial Equity Within Our Organization and in Our Work
In response to an empowered Black Lives Matter movement, JUST is transparently auditing its pay equity, diversifying its board, and continuing to cover racial equity as part of its work, among several other actions.
The American People Have Spoken – Now is Not the Time to Pull Back Frontline Worker Benefits
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Join Us for our July 24 Quarterly JUST Call featuring Bruce Broussard, CEO of Humana
We’ll unpack Humana’s stakeholder performance, long-term plan for sustainable value creation, response to COVID-19, and more.
Consumption Effects of Unemployment Insurance during the COVID-19 Pandemic
JPMorgan Chase Research Institute puts out new research on unemployment benefits: “Allowing the $600 supplement to expire at the end of July 2020 could cause substantial declines in aggregate demand and potentially negative effects on the macro-economy.”
Want More Diversity? Some Experts Say Reward C.E.O.s for It
The New York Times suggests tying CEO pay to diversity outcomes as one of the most effective ways to improve diversity and inclusion across corporate America.
How to turn our collective outrage into action
Robert F. Smith shares how the private sector can “turn our collective outrage into action,” to ensure our national reckoning becomes more than a passing moment.
Chart of the Week: Companies Paying a Living Wage Fare Better in Recovery
In this Chart of the Week, we analyze how companies with a high percentage of employees making a national living wage have performed over the trailing one year.
As we prepare our annual rankings, we are considering a new way that companies might reduce their environmental impact – the reduction of air travel.