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☆ 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

☆ 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

☆ 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.

☆ The battle over ESG investing
▼ + stars: | 2023-03-20 | 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 EmailThe battle over ESG investingMartin Whittaker of Just Capital and Strive Asset Management’s Vivek Ramaswamy join NBC’s Brian Sullivan and ‘Last Call’ to debate the value of ESG investing.

☆ Banks take No. 1 spot, tech loses a market crown: The 2023 Just 100 rankings
▼ + stars: | 2023-01-10 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

1 on the 2023 Just 100 list, and it's not alone among peers. On last year's list, the top four spots all went to tech companies. "Banks have been steadily improving their game and that's the standout," he said of this year's Just 100 list. 71, making the cut for the Just 100 list. This year's top 10 still included five tech companies: NVIDIA , Microsoft , Hewlett Packard Enterprise , Apple , and Intel .

☆ Here's how to know if your company's layoff policy is a 'good' one
▼ + stars: | 2022-12-30 | by ( Mikaela Cohen | ) www.cnbc.com time to read: +5 min

1 piece of advice when given a layoff offer is to not sign any document on the spot when you're first notified. After you've had time to process the emotional, financial, and mental changes that a layoff brings, here's how to know whether your company's layoff offer is a good one or not, and if it's time to negotiate for a better one. "If it's paid out in a lump sum, sometimes it's nice to get your layoff money and find a new job," Bryan said. If you're still getting a check from the company, Bryan said you can still say you're employed at the company on your resume. "If you were valuable to the company, you might be able to get additional money, or ask for additional money," Bryan said.

☆ Bob Iger signals support for LGBTQ rights on company call. Here's why that's so important for Disney's future.
▼ + stars: | 2022-11-29 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +6 min

On a company call Monday, Disney CEO Bob Iger said inclusion is a "core value." Iger told employees that inclusion and acceptance are among the "core values" at the company, according to CNBC. Florida lawmakers voted to rescind the special tax status of Disney World in Orlando. Disney/PixarMost Americans support LGBTQ rightsFor Disney's leadership, losing the company's special tax status in the state carries financial repercussions. He's also bold and wildly empathetic," Don Hall, director of "Strange World," told Variety, speaking about the film's openly gay main character.

☆ Bob Iger has a lot to get right as he returns to Disney. One big challenge is repairing LGBTQ relations.
▼ + stars: | 2022-11-23 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +5 min

Disney's newly reappointed CEO, Bob Iger, could face further backlash against LGBTQ content. Iger needs to support LGBTQ rights or risk upsetting employees and millions of Americans. Florida lawmakers voted to rescind the special tax status of Disney World in Orlando. Disney/PixarIger needs to understand that most Americans support LGBTQ rightsFor Disney's leadership, losing the company's special tax status in the state carries financial repercussions. There is a slice of American conservatives who are against LGBTQ rights.

☆ This CEO says companies investing in their workers are better off financially
▼ + stars: | 2022-10-26 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Companies that support their workers do better financially in the long run, according to Just Capital's CEO Martin Whittaker. Companies that do right by their stakeholders, do better financially." Those names tend to perform better financially, as evidenced by how they fared during the pandemic lockdowns and reopening. The backbone of the strategy starts with paying a fair and living wage, which can better engage workers and boost productivity, he said. Whittaker points to Alphabet , Microsoft , PayPal and Verizon as some of the companies aggressively investing in their stakeholders.

☆ There's an ESG backlash inside the executive ranks at top corporations
▼ + stars: | 2022-09-29 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +8 min

Only 25% of CFOs surveyed by CNBC support the SEC's climate disclosure proposal, according to the survey. More than half (55%) of CFOs are opposed to the SEC climate rule, and 35% say they "strongly oppose" it. Proving climate materialityA critical issue for CFOs with the new SEC climate disclosure is the lack of a clear correlation between the climate data and financial statements. The first task for CFOs on climate disclosure, Clayton says, is to be candid with investors and stakeholders about this disconnect. "We are not blanket defenders of ESG," said Martin Whittaker, founding CEO of ESG research nonprofit Just Capital, which releases an influential ranking of top companies on ESG annually.

☆ Corporate climate commitments are improving, but the worst offenders are doing the least
▼ + stars: | 2022-09-22 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

The vast majority of Americans support both corporate transparency on climate as well as federal requirements for corporations to disclose their climate data, from emissions to emission reductions to sustainability programs and climate commitments. But although many corporations are improving on their climate commitments, some sectors are still woefully behind, according to a new report from Just Capital, which tracks companies in the Russell 1000. The number of corporations pledging to emit net zero emissions by 2050 will more than double from this year to next year, from 102 to 238. On the most ambitious commitment, a verified SBTi 1.5-degree scenario, 83 companies will become verified, a 21% increase year over year. While net zero targets generally have a year as the finish line, they don't commit to a particular degree reduction of global warming.

☆ Leaders from Walmart, AB InBev, Honeywell, Carlyle, and more share advice for getting started — and sticking to — sustainability goals
▼ + stars: | 2022-07-22 | by ( Julia Hood | ) www.businessinsider.com time to read: +26 min

Sustainability leaders from Walmart, JUST Capital, Dow, Honeywell, Cognizant, Deloitte, Bank of America, AB InBev, and Carlyle participated. If you're just looking for a science partner, you're going to go and get the science. So then we started building debriefs for our portfolio companies, actually making them sit down and have a conversation with us. Because as long as you do it with integrity, you're going to probably get to the right place. I remember him saying when we talked about the idea, "what you're trying to achieve with that, is somewhere between really, really, really, really hard and impossible."

☆ 6 takeaways from the massive debate about the SEC's proposed new climate rule
▼ + stars: | 2022-07-12 | by ( Drake Baer | ) www.businessinsider.com time to read: +7 min

Gary Gensler, the chair of the SEC, told Insider the proposed plan is to make environmental, social, and governance, or ESG, reporting more formalized. The most popular is TCFD, a set of letters you should get used to if you're interested in climate policy. The task force developed its own set of international recommendations for climate reporting, with "core recommendations" centered around governance, strategy, risk management, and metrics and targets. How synced should ESG reporting be with preexisting quarterly and annual reports? "We believe ESG reporting will mature far more quickly but needs to follow a similar path."

☆ Americans agree — companies should invest in workers, including paying employees a livable wage
▼ + stars: | 2022-05-26 | by ( Martin Whittaker | ) www.businessinsider.com time to read: +6 min

But there's a difference between increasing pay and giving workers a living wage. Recent polling shows that 85% of Americans want companies to invest in their workers. And while many companies have been doing so by increasing starting pay and adding new benefits, now it's time to tackle paying a living wage. Paying a living wage is a key part of the equation. This is just one example of workers' financial security needs helping to drive corporate action (PayPal is probably the most well known).

☆ Execs at Bank of America, Dow, and JUST Capital say being prosperous isn't just about having enough money
▼ + stars: | 2022-05-11 | by ( Tim Paradis | ) www.businessinsider.com time to read: +5 min

The event, in partnership with Bank of America, took place Tuesday, May 10. Martin Whittaker, chief executive officer of the nonprofit JUST Capital, said there is now a greater focus on worker well-being than ever. For Karen Fang, the managing director and global head of sustainable finance at Bank of America, prosperity includes access to basics like financial services and digital inclusion. "The definition of prosperity has gone from economic prosperity to social prosperity," Fang said. She said the bank has hired 10,000 workers from these areas, a goal it achieved two years early.

☆ Only 18 out of 890 major US companies are fully transparent on worker issues — and that openness is helping them grow their bottom line
▼ + stars: | 2019-04-17 | by ( Richard Feloni | ) www.businessinsider.com time to read: +6 min

Only 18 companies disclosed all nine of the practices taken into consideration, including Goldman Sachs, Nike, Nvidia, and PepsiCo. Just's team of researchers gathered all public data on nine criteria related to what it calls "human capital." The team discovered that only 18 of the companies both disclosed and tracked the progress of all the criteria. It was initially acceptable to simply state a policy, but then stakeholders demanded increasingly extensive data and signs of progress. "I don't think that you have much of a choice these days, if you're a larger company," she said.

Persons: Paul Tudor Jones, Russell, Goldman Sachs, It's, Martin Whittaker, you've, it's, Whittaker, Alison, millennials, Eli Lilly, Jones Lang LaSalle, Read, Tonie Hansen, Hansen Organizations: Nike, Nvidia, PepsiCo, Service, ROE, Data Systems, Boston Scientific, Hasbro, Intel, PayPal, Qualcomm, State, Symantec, Texas Instruments Locations: BusinessInsider.com, Wall, Silicon, America, Marriott, Wells

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