As Americans Embrace ESG Investing, the Challenges Against It Feel Less Valid Than Ever
Arguments in support of shareholder primacy and against stakeholder capitalism are out of sync with the voice of the American public, institutional investors, shareholders, and corporations themselves.
Chart of The Week: Companies That Prioritize Their Workers Continue to Outperform the Market
In light of Labor Day this past Monday, we revisit a chart from early June to evaluate how companies’ treatment of their workers continues to affect financial performance throughout 2020.
For Labor Day, we revisit our Chart of the Week from earlier this summer to reevaluate how companies who fully disclose their EEO-1 reports have performed throughout the trailing three months.
Chart of the Week: Just Companies Have Better Risk Profiles and Overall Decreased Volatility
This week, we explore the risk profile of more just companies in comparison to less just ones, and show that JUST companies have less volatility.
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.
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.
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.
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.
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.
The American People Have Spoken – Now is Not the Time to Pull Back Frontline Worker Benefits
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As we prepare our annual rankings, we are considering a new way that companies might reduce their environmental impact – the reduction of air travel.
What does good governance look like today?
Coronavirus Is Shifting the Focus of Leading ESG Investors
While most money managers hunt for bargains in the market upheaval, Jonas Kron is searching for good guys.
Global SWF asks: Are Sovereign Wealth Funds JUST Investors?
Diego López of Global SWF, in collaboration with JUST Capital’s research team, decided to use a new approach for examining the best practices of sovereign wealth funds – the JUST methodology.
We’re Listening To Marty Lipton. It’s About Time.
Back in the 70s, Marty Lipton was a lone voice crying out in the wilderness. Now he’s joined by many others: Klaus Schwab, Just Capital, and the Business Roundtable. They’re all urging a shift from shareholder primacy to a new model of stakeholder capitalism.
New York State Pension Fund Makes $800 Million Bet on ESG Credit
The New York State Common Retirement Fund put $800 million in sustainable fixed-income strategies this year, including sustainable private credit and green bonds, a rare big bet on debt in the equity-dominated market for responsible investing.
8 Must-Listen Podcasts for the Stakeholder Economy
These notable podcasts all offer regular episodes that inform, inspire, and energize business leaders in their daily quest to do right by their stakeholders.
State Street Joins BlackRock in Pushing ESG Forward
Today, State Street CEO Cyrus Taraporevala announced that they would be using their proxy voting power to ensure companies were identifying material ESG issues.
Wider Equity Markets Lose Investment, But ESG Continues to Grow
EPFR, Informa Financial Intelligence, released a staggering chart this week, showing that as wider equity markets have lost investment, ESG funds have only seen their investment levels increase.
Sustainable Impact Investing – A White Paper in Collaboration with Argus Research
This month, Argus Research published a white paper featuring their incorporation of JUST Capital’s company ranking and scoring methodology into their Sustainable Impact Investing Trust