Only company listed in the top 100 in the Chemicals Industry
MIDLAND, Mich. & WILMINGTON, Del.--(BUSINESS WIRE)--
Today, DowDuPont™ (NYSE: DWDP) was named one of America’s Most JUST
Companies in 2018, and was the only company listed in the top 100 in the
Chemicals Industry, according to Forbes and JUST Capital, a nonprofit
that ranks the largest publicly-traded corporations in the United States
on the issues Americans care about most. DowDuPont ranked 67 against all
industries and was included on this year’s list for outperforming its
peers on issues like fair pay and good benefits, customer treatment and
privacy, beneficial products, environmental impact, job creation,
community support in the U.S. and abroad, as well as ethical leadership
and long-term financial growth.
“It is an honor to be included in this year’s list of America’s Most
JUST Companies, and recognized as the leader in the chemical industry,”
said Howard
Ungerleider, chief financial officer, DowDuPont. “From creating high
quality jobs and supporting the communities in which we operate to
delivering long-term financial growth, we are grateful for this
acknowledgement of our work to meet the needs of all of our
stakeholders. As we prepare for the intended separations of our three
industry-leading companies – Dow, DuPont and Corteva – these core tenets
will remain ingrained in the long-term strategies for each.”
The JUST Capital Rankings, first published in 2016, encompass the 1,000
largest publicly-traded companies in the U.S., and are based on one of
the most comprehensive surveys ever conducted on public attitudes toward
corporate behavior, involving 9,000 American respondents in 2018 and
more than 81,000 over the past four years. The JUST 100 and Industry
Leader lists will be featured in the December issue of Forbes,
with additional stories at www.forbes.com/just100
and a comprehensive interactive ranking and benchmarking platform at www.justcapital.com.
As one of America's Most JUST Companies, DowDuPont is also included in
Goldman Sachs Asset Management’s JUST
U.S. Large Cap Equity ETF (Ticker: JUST) – the first ever
exchange-traded fund based on just business behavior, constructed from
JUST Capital’s rankings.
“Trust in our institutions is more important than ever right now. The
JUST 100 recognizes companies that are doing right within society,” said
Forbes Chief Content Officer Randall Lane. “The Rankings help companies
gauge their progress on benchmarks that go far beyond quarterly earnings
towards long-term value-creation for all stakeholders.”
Compared to their peers in the Russell 1000, companies in the JUST 100
on average:
-
Pay their median workers 26% more;
-
Emit 35% less greenhouse gas emissions per dollar of revenue;
-
Give 6x more as much to charity; and
-
Have a 5% higher Return-on-Equity.
“America’s Most JUST Companies consistently outperform their peers in
job creation, wages, work-life balance, environmental impact, and return
on equity,” said Martin Whittaker, CEO of JUST Capital. “Aligning
corporate behavior with the priorities of the American people is good
for communities and good for business.”
About DowDuPont
DowDuPont (NYSE: DWDP) is a holding company comprised of The Dow
Chemical Company and DuPont with the intent to form strong, independent,
publicly traded companies in agriculture, materials science and
specialty products sectors that will lead their respective industries
through productive, science-based innovation to meet the needs of
customers and help solve global challenges. For more information, please
visit us at www.dow-dupont.com.
About the Methodology
JUST Capital’s Rankings are the culmination of over four years of market
research (encompassing over 81,000 respondents mapped to the U.S. Census
population) on what the American people prioritize regarding corporate
behavior today. JUST Capital conducted its 2018 survey, which included
9,000 respondents, in partnership with NORC at the University of
Chicago. The survey results found that Americans, when asked to identify
what is most important for companies to prioritize, ranked the following
in order of importance: Workers, Customers, Products, the Environment,
Jobs, Communities, and finally, Leadership & Shareholders. JUST Capital
then tracked and evaluated the performance of companies against these
priorities and created the ranking model that drives America’s Most JUST
Companies, including the JUST 100 absolute ranking and Industry Leader
list. The selection of companies draws from the Russell 1000 Index,
which represents over 90 percent of the U.S. stock market value.
About JUST Capital
JUST Capital, an independent, nonprofit organization, aligns business
practices with the priorities of the American people to ensure
capitalism works for all. Our research, rankings, indexes, and
data-driven tools help people make more informed decisions about where
to invest, work, and buy to direct capital toward companies advancing a
more just future. For additional information, visit: www.JUSTCapital.com.
About Forbes Media
The defining voice of entrepreneurial capitalism, Forbes champions
success by celebrating those who have made it, and those who aspire to
make it. Forbes convenes and curates the most-influential leaders and
entrepreneurs who are driving change, transforming business and making a
significant impact on the world. The Forbes brand today reaches more
than 120 million people worldwide through its trusted journalism,
signature LIVE events, custom marketing programs and 40 licensed local
editions in 70 countries. Forbes Media’s brand extensions include real
estate, education and financial services license agreements. For more
information, visit: www.forbes.com/forbes-media/.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20181210005604/en/
Investors:
Neal Sheorey
nrsheorey@dow.com
+1
989-636-6347
or
Greg Friedman
greg.friedman@dupont.com
+1
302-774-4994
or
Media
Rachelle Schikorra
ryschikorra@dow.com
+1
989-638-4090
or
Dan Turner
daniel.a.turner@dupont.com
+1
302-996-8372
Source: DowDuPont