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☆ Goldman Sachs and American Express are among the leading companies for working parents in 2024, new study shows
▼ + stars: | 2024-05-10 | by ( Brandon Gomez | ) www.cnbc.com time to read: +3 min

With no federal oversight of workplace benefits like paid leave and caregiving policies, corporate leaders are being asked to take the lead. Goldman Sachs , American Express , Deckers Outdoor, S&P Global and Splunk are the top companies for parents in 2024, according to Just Capital's research. The "indirect costs" are the loss of productivity during an employee's leave, temporary replacement and cost of administering a paid leave program. "Paid parental leave is an expensive proposition," said Yvette Lee, an HR knowledge advisor at SHRM. Lee said the investment in paid parental leave and similar policies may make sense in the long run.

Persons: Alison, it's, Goldman Sachs, Lauren, Mario Washington, SHRM, Yvette Lee, Lee Organizations: Just Capital, CNBC, American Express, P, P Global, Society for Human Resource Management Locations: SHRM

☆ Raine details 3 themes driving its sports investing as it hunts for more deals
▼ + stars: | 2024-04-25 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Raine was an early investor in DraftKings — which helped establish the US sports-betting sector — and has been investing at a rate of about three companies a year. Raine is looking to take stakes in leagues with rights they can monetize in various ways and invest in growing, founder-led companies. Raine says college sports still hold a big opportunity for outside investors, even if the structure of college athletics adds complexity. In 2019, Raine helped the Pac-12 Conference explore raising private equity (which it ultimately decided against doing). Raine also helped the PGA Tour raise $3 billion this year through a for-profit entity.

Persons: Joe Ravitch, Jeff Sine's, It's, Raine, Colin Neville, that's, Garrett Gomes, Raine isn't, Banks, JPMorgan Chase, Neville Organizations: Imagine, Business, Apple, Premiere Lacrosse League, RCX Sports, Private, Florida State, Sixth, JPMorgan, CNBC, PGA Locations: DraftKings, Florida

Despite a challenging fundraising environment, women-led venture capital funds made gains in 2023. According to research by Venture Capital Journal, women-led funds' share of total fundraising increased to about 3% of the $107 billion raised last year by venture funds worldwide, up from less than 2% of the 2022 total. While it's a small fraction of the total pool, venture capital funding in the U.S. for companies founded by women has been trending up in recent years. The upswing has had some help from the creation of incubators for women founders, more new companies founded by women and more venture capital funds focused on underrepresented founders. Portfolia creates and manages about 16 venture funds designed for individual investors who want to invest in a portfolio of mostly women-led startups and want to learn more about venture investing.

Persons: Trish Costello, Portfolia, Costello, Elizabeth Clayborne, Steve Washington, Clayborne, wouldn't Organizations: Venture Capital Journal, YourChoice Therapeutics, CNBC Locations: U.S

☆ Accenture CEO Julie Sweet on #3 Just 100 ranking
▼ + stars: | 2024-02-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAccenture CEO Julie Sweet on #3 Just 100 rankingAccenture CEO Julie Sweet joins 'Squawk Box' to discuss the company’s #3 ranking on Just Capital’s annual Just 100 list, how the company attracts the best talent, and more.

Persons: Julie Sweet

☆ Booming semiconductor companies just earned one more market leadership honor
▼ + stars: | 2024-02-08 | by ( Ian Thomas | ) www.cnbc.com time to read: +2 min

Chip stocks have been on a stock market tear for the last year, outpacing FAANG and other tech sector leaders in a rapid rise boosted by market enthusiasm for advanced AI chips. That success has now migrated over to another corporate performance measure. Semiconductor companies overtook FAANG stocks in Just Capital's annual ranking of public companies on issues of importance to the American public, with Intel , Advanced Micro Devices , and Micron Technology all finishing within the top 10. Semiconductor firms ranked highly on this year's JUST 100 list, Whittaker said, not only due to the number of jobs that they created relative to other industries, "but the adoption and expansion of policies that support workers and communities." AMD also disclosed its minimum yearly salary for the first time as well as providing more information around career development and benefits, leading to a higher worker score.

Persons: outpacing FAANG, Martin Whittaker, Paul Tudor Jones, Whittaker, Russell Organizations: Semiconductor, Intel, Devices, Micron Technology, Apple, Microsoft, Nvidia, Qualcomm, Lam Research, Materials, Cirrus, Just, " Semiconductor, AMD, Capital

☆ Avangrid CEO Pedro Azagra on #12 Just 100 ranking
▼ + stars: | 2024-02-07 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAvangrid CEO Pedro Azagra on #12 Just 100 rankingAvangrid CEO Pedro Azagra joins 'Squawk Box' to discuss the company's #12 ranking on Just Capital's annual Just 100 list, the sustainable energy sector, investments in clean energy, and more.

Persons: Pedro Azagra

☆ Public company targets for diversity
▼ + stars: | 2024-02-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPublic company targets for diversityAccording to JUST Capital: only 11 percent of Russell 1000 companies disclose 2024 "race and ethnicity diversity" targets for their management teams.

Persons: Russell Organizations: Email, JUST Capital

☆ Public companies conducting race or ethnicity based pay analysis
▼ + stars: | 2024-02-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPublic companies conducting race or ethnicity based pay analysisAccording to JUST Capital, 31 percent of Russell 1000 companies conduct race or ethnicity based pay analysis.

Persons: Russell Organizations: JUST Capital

☆ America's most 'Just' companies in 2024 revealed
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmerica's most 'Just' companies in 2024 revealedCNBC's Brandon Gomez joins 'Squawk Box' with more on Just Capital's 2024 list of '100 most just companies in America'.

Persons: CNBC's Brandon Gomez Locations: America

☆ Paul Tudor Jones says the U.S. economy is on an 'unsustainable' path, threatening markets
▼ + stars: | 2024-02-05 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Billionaire hedge fund manager Paul Tudor Jones believes the U.S. economy could run into major problems down the road due to its burgeoning fiscal deficits, which could eventually hurt the markets. The U.S. government ran up another half a trillion dollars in red ink in the first quarter of its fiscal year. "The only question is does that manifest itself in the markets, or when does that manifest itself in the markets," he said. Productivity may mask and it might be three or four years from now but clearly, clearly, we're on a unsustainable path." Jones is also the chairman of nonprofit Just Capital, which ranks public U.S. companies based on social and environmental metrics.

Persons: Paul Tudor Jones, We've, Jones, CNBC's, Jerome Powell Organizations: Federal, Tudor Investment, U.S Locations: U.S

☆ Just Capital: America's most 'just' companies provide disclosures
▼ + stars: | 2024-02-05 | by ( Brandon Gomez | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJust Capital: America's most 'just' companies provide disclosuresCNBC's Brandon Gomez reports on Just Capital's 100 most 'just' companies.

Persons: Brandon Gomez

☆ Hewlett Packard Enterprise tops the 2024 JUST 100 list with market-leading worker benefits
▼ + stars: | 2024-02-05 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

Antonio Neri, CEO, Hewlett Packard Enterprise, at the NYSE, Oct. 19, 2023 Source: NYSETechnology stocks have taken back the No. 1 spot in the JUST 100, an annual ranking of large public companies on issues of key importance to the American public, with Hewlett Packard Enterprise topping last year's No. Career advancement opportunities, worker training and development, benefits and retention are other issues which helped push HPE and other companies higher in the 2024 JUST 100 rankings. All of these issues, Whittaker said, "cluster all around the questions of 'How good am I as an employer?'" Whittaker said that's also the case with the key worker issues that are the most heavily weighted in the rankings.

Persons: Antonio Neri, HPE, Martin Whittaker, Paul Tudor Jones, It's, it's, Whittaker, Kristin Major, we've, Russell, Major, that's Organizations: Hewlett Packard Enterprise, NYSE, NYSE Technology, of America, Capital, Just, Just Capital, Apple, Microsoft, Citigroup, Elevance, Devices, Micron Technology

☆ Watch CNBC's full interview with Just Capital founder Paul Tudor Jones and HPE CEO Antonio Neri
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Just Capital founder Paul Tudor Jones and HPE CEO Antonio NeriPaul Tudor Jones, Tudor Investment founder and CIO and Just Capital founder and chairman, and Hewlett Packard Enterprise CEO Antonio Neri join 'Squawk Box' to discuss Just Capital's annual 'Just 100' list, why Hewlett Packard Enterprise took the top spot on this year's rankings, Elon Musk, customer demand, the Fed's rate path outlook, and more.

Persons: Paul Tudor Jones, Antonio Neri Paul Tudor Jones, Antonio Neri, Elon Musk Organizations: Just Capital, Tudor Investment, Hewlett Packard Enterprise

☆ The 2024 Just 100 rankings
▼ + stars: | 2024-02-05 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: 1 min

Just Capital's annual list ranks companies on issues the American public says in polling are the most important in demonstrating that the stock market is doing right by all stakeholders. The JUST 100 evaluates Russell 1000 companies across 20 core issues, 236 underlying data points, and five stakeholders: workers, communities, shareholders & governance, customers, and the environment. According to Just Capital, on average, the top-performing companies across all industries pay higher wages, create more jobs, provide more career advancement opportunities and better benefits, have greater gender and racial diversity, set stricter carbon goals, and have competitive equity performance versus Russell 1000 peers.

Persons: Russell Organizations: Just

☆ HPE CEO Antonio Neri on #1 Just 100 ranking: Our people are our greatest assets
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHPE CEO Antonio Neri on #1 Just 100 ranking: Our people are our greatest assetsPaul Tudor Jones, Tudor Investment founder and CIO and Just Capital founder and chairman, and Hewlett Packard Enterprise CEO Antonio Neri join 'Squawk Box' to discuss Just Capital's annual 'Just 100' list, why Hewlett Packard Enterprise took the top spot on this year's rankings, Elon Musk, customer demand, the Fed's rate path outlook, and more.

Persons: Antonio Neri, Paul Tudor Jones, Elon Musk Organizations: Tudor Investment, Just Capital, Hewlett Packard Enterprise

☆ What Walmart’s new focus on employee stock could mean for the wealth of the average American household
▼ + stars: | 2024-02-03 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +9 min

Walmart is offering its store managers stock grants, which based on a manager's store format, can range between $10,000 and $20,000. It's not only managers that Walmart wants to encourage to buy into stock ownership. 1 employer, Walmart's decisions are likely to have significant ripple effects and could even lead to broader equity ownership among rank-and-file employees. Already companies such as Ingersoll Rand and Harley-Davidson have taken steps to broaden stock ownership to employees. "Stock ownership is a pillar of worker financial wellness."

Persons: John David Rainey, Chris Taylor, It's, John Furner, Doug McMillon, Biden, Marc Roloson, Aalap Shah, Pearl Meyer, Shah, Brian J, Albert H, Gordon, Stacey Kole, Ed Rataj, Michael Kestenbaum, Gallagher, Peter Follows, Kole, Ingersoll Rand, Davidson, Martin Whitman, Whitman, Pete Stavros's, Walmart's, Harvard's, WTW's Roloson Organizations: New York Stock Exchange, Walmart, International, NYSE, LinkedIn, Companies, Business Administration, Harvard Business School, The University of Chicago Booth School of Business, CBIZ, Carpedia, Harley, Just Locations: U.S

☆ Just Capital issues annual survey: America's top priorities for companies
▼ + stars: | 2023-12-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJust Capital issues annual survey: America's top priorities for companiesCNBC's Pippa Stevens reports on the latest results from Just Capital's annual survey.

Persons: Pippa Stevens

☆ A big climate change stress test is coming for Amazon sellers and suppliers
▼ + stars: | 2023-10-14 | by ( Laura Petrecca | ) www.cnbc.com time to read: +6 min

"The pressure is coming at companies, who are then putting pressure on suppliers," said Bob Willard, a corporate consultant and author of six books on sustainability. AstraZeneca suppliers are expected to annually report emissions data to the CDP and set science-based goals. "Tracking emissions data is no easy feat," says Karen Kerrigan, president and CEO of the Small Business & Entrepreneurship Council. Small businesses already under economic stressAmid ongoing fears of recession, higher interest rates cutting into sources of capital, signs of weaker consumer demand, and labor market challenges, small businesses have focused more on employees and their bottom line than sustainability. The report found, as previous climate accounting has typically shown, that the majority of emissions come from suppliers.

Persons: Bob Willard, Andrew Winston, Winston, Karen Kerrigan, Chaitali Patel, Patel, Russell Organizations: Amazon, Microsoft, Walmart, Apple, AstraZeneca, Intuit QuickBooks, Small Business, Entrepreneurship Council, Greenhouse, CNBC, SurveyMonkey, Survey, New York Times

☆ Paul Tudor Jones says it's hard to like stocks given geopolitical risks, weak U.S. fiscal position
▼ + stars: | 2023-10-10 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

"You've got the geopolitical uncertainty... the United States is probably in its weakest fiscal position since certainly World War II with debt-to-GDP at 122%." The high-profile investor said the Israel-Hamas war brought on the most threatening and challenging geopolitical environment, which would create a significant risk-off market environment. Meanwhile, a surge in interest rates has deteriorated the fiscal health of the U.S. as the country continues to take on more debt. "As interest costs go up in the United States, you get in this vicious circle, where higher interest rates cause higher funding costs, cause higher debt issuance, which cause further bond liquidation, which cause higher rates, which put us in an untenable fiscal position," Jones said. Jones is also the chairman of nonprofit Just Capital, which ranks public U.S. companies based on social and environmental metrics.

Persons: Paul Tudor Jones, Jones, You've, hasn't Organizations: Tudor Investment, U.S Locations: U.S, United States, Israel, Iran

☆ JUST Capital: JP Morgan, Slack among companies investing in formerly incarcerated workers
▼ + stars: | 2023-08-30 | by ( Brandon Gomez | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJUST Capital: JP Morgan, Slack among companies investing in formerly incarcerated workersOnly 5% of companies in the Russell 1000 providing employment opportunities for workers who were formerly incarcerated or maintain a criminal record. Brandon Gomez discusses what companies are doing to become equal opportunity employers, and where there is still room for improvement in a cooling labor market.

Persons: JP Morgan, Slack, Brandon Gomez

☆ Major retailers bring $14 billion in revenue to Black-owned brands
▼ + stars: | 2023-08-11 | by ( Brandon Gomez | ) www.cnbc.com time to read: +2 min

Major retailers and brands have driven $14 billion in revenue to Black-owned businesses since May 2020. The group asks companies to reflect the Black community that makes up 15% of the U.S. population by dedicating 15% of their shelf space to Black-owned brands. Prior to taking the pledge, many of the group's current partners had less than 3% of their shelf space dedicated to Black-owned brands. Now all partners are committed to attaining their 15% pledge over a 10-year contract. Fifteen Percent Pledge has committed to generating $1.4 trillion in wealth for Black entrepreneurs by 2030.

Persons: Nordstrom, LaToya Williams Belfort, Sephora, Aurora James, George Floyd's, James, InStyle Organizations: Federal, CNBC, JUST Capital, Vogue Locations: Brooklyn, Black, U.S

☆ Wall Street offers top benefits for dads, according to JUST Capital
▼ + stars: | 2023-06-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWall Street offers top benefits for dads, according to JUST CapitalCNBC's Andrew Ross Sorkin reports on the latest paternal benefits data in corporate America.

Persons: Andrew Ross Sorkin Organizations: Street, JUST Capital Locations: America

☆ Paul Tudor Jones says the Fed is done raising rates, stocks to finish the year higher from here
▼ + stars: | 2023-05-15 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Billionaire hedge fund manager Paul Tudor Jones believes the Federal Reserve has finished raising interest rates in its fight against inflation, and the stock market could grind higher this year. "I definitely think they are done," Jones said on CNBC's "Squawk Box" of the Fed's rate-hiking campaign. The central bank has hiked interest rates 10 times since March 2022, taking the fed funds rate to a target range of 5%-5.25%, the highest since August 2007. Jones shot to fame after he predicted and profited from the 1987 stock market crash. "We have no IPOs, no calendar, no secondaries, valuations are at 19 but nobody's rushing to offer so clearly, something is going on internally in the stock market," Jones said.

☆ Chipotle, Papa John's link ESG goals to bonus compensation, and pay practice is moving below the C-suite level
▼ + stars: | 2023-05-14 | by ( Ian Thomas | ) www.cnbc.com time to read: +9 min

Companies are increasingly linking ESG metrics to executive compensation packages. That percentage of Russell 1000 companies linking ESG goals to compensation has quickly grown in recent years, from 14% in 2020 to 18% in 2021 to 28% in 2022. In 2021, Mastercard changed its executive compensation model for its most senior executives, EVPs and above, to link their bonus structure to goals set around carbon neutrality, financial inclusion and gender pay parity. Papa John's took a similar step last year, introducing an ESG bonus incentive for eligible employees and executives for goals around enhancing diversity, equity and inclusion, environmental impact, and its broader mission around cleaner and better ingredients. "For example, if there is an ESG goal around emissions, does a director of finance have any direct oversight or responsibility for how that is achieved?"

☆ BASF Uses Integrated Reporting to Focus Stakeholders on Sustainable Innovation
▼ + stars: | 2023-05-03 | by ( Julia Hood | ) www.businessinsider.com time to read: +7 min

Integrated reporting is growing more popular as stakeholders look to understand how companies are building sustainable growth. BASF produces an integrated report and is involved in the International Integrated Reporting Council. According to the IFRS Foundation, more than 2,500 companies worldwide have adopted integrated reporting. A major shift occurred with the launch of the International Integrated Reporting Council in 2010, and the framework it rolled out in 2013. An integrated report brings with it a higher threshold of measurement and accountability than a standalone sustainability report.

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