Fifth Third Bank Named to Top 25 of America’s Most JUST Companies by JUST Capital and CNBC
Business
SRQ DAILY MONDAY BUSINESS EDITION
MONDAY JAN 23, 2023 |
JUST Capital, along with media partner CNBC, today released the 2023 Rankings of America’s Most JUST Companies, including the marquee JUST 100. The rankings are the only comprehensive evaluation of how the nation’s largest corporations perform on the issues that matter most to Americans today, including creating jobs in the U.S., paying a fair living wage, acting with integrity at the leadership level, supporting workforce retention and training, protecting worker health and safety, providing benefits and work-life balance, protecting customer privacy, minimizing pollution and more. Fifth Third Bank ranked in the Top 25 of the marquee JUST 100 list earning placement at #23. The Bank was ranked fifth among all banks. Inclusion in the JUST 100 is a recognition of the Bank’s commitment to its employees, customers, communities, planet and shareholders. For the annual Rankings, JUST Capital collects and analyzes corporate data to evaluate the 1,000 largest public U.S. companies across 20 Issues identified through comprehensive, ongoing public opinion research on Americans’ attitudes toward responsible corporate behavior. JUST Capital has engaged more than 160,000 participants, on a fully representative basis, since 2015. Compared to their Russell 1000 peers, companies in the JUST 100 on average: Created 12,318 more jobs in the U.S. from 2017 to 2021; Pay 72% of workers a family sustaining living wage (8.6 percentage points more than peers); Provide 9 more hours of career development training per employee; Offer 2 more weeks of paid parental leave for primary caregivers and 1 more week of paid leave for secondary caregivers; Offer 2 more days of paid sick leave; Intake 79% less water per revenue dollar; Emitted 42% less metric tons of CO2 per revenue dollar; Had a 4.5% higher profit margin, 2.3% higher return on equity, and paid 5 times more in dividends. CNBC will delve into the data, highlighting company-specific results and showcasing key stakeholder performance stories about this year’s JUST 100 leaders across the network’s broadcast and digital platforms at cnbc.com/just100. A comprehensive interactive ranking and benchmarking platform is available at justcapital.com/rankings.
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