Over the past few years, the largest corporations in the United States have recognized that investing in their employees and communities can do more than give them material for a nice press release, and that it actually increases the long-term health of their business. The nonprofit Just Capital has also recognized this, and has used its annual rankings and research to laud the companies doing the most.
For this year's ranking of the "most just" companies, Microsoft took the No.1 spot for the second year in a row, and was joined in the top 10 by fellow tech giants Alphabet, the parent company of Google, and Apple. The only non-tech companies atop the list were the consumer goods stalwart Procter & Gamble and the health insurance provider Anthem, the latter jumping up to No.7 from No. 52.
Earlier this year, the Business Roundtable, a lobbying group of around 200 of the country's top CEOs, echoed Jones and declared that companies had to move to a stakeholder perspective, where customers, employees, and communities were given equal weight with shareholders when making significant decisions.
Just has been ranking the largest 1,000 public companies in America, minus REITs and utility companies, for the past four years, and this year's ranking was done. The researchers found that the top 100 companies in their ranking this year, compared to the others analyzed, pay 31% more to their median worker, give 8.4 times more to charity, have 25% more women on their board, are 32% more likely to have established environmental policies, and, notably, have a 6% higher return-on-equity.
Offers publicly the highest level of transparency around its workplace demographics, and requires at least one minority candidate for every director-level position and above.Has a zero landfill policy for its retired electronic equipment.Four of nine of its board directors are women, and all but one of its directors is independent, including the chairman.Communities:6.
Microsoft Seriously? This is biased.
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