DALLAS, Nov. 13, 2019 /PRNewswire/ -- Kimberly-Clark
has been named one of America's Most JUST Companies for 2020,
according to Forbes and JUST Capital, the leading
corporate measurement platform for the stakeholder
economy.
The list of America's Most JUST Companies celebrates U.S.
corporations like Kimberly-Clark that outperform their peers in the
Russell 1000 on issues like fair pay, ethical leadership, good
benefits and work-life balance, equal opportunity, social and
environmental responsibility, and shareholder return.
Over the past year, Kimberly-Clark has announced key
milestones on its sustainability journey, including exceeding its
GHG reduction goal three years early and resetting the goal to 40%
GHG reduction by 2022. The company was also recently reconfirmed as
a constituent of the Ethibel Sustainability Index (ESI)
Excellence Global.
"Treating our consumers, employees, partners and shareholders
responsibly, with fairness and transparency, is grounded in the
guiding principles on which we were founded nearly 150 years
ago," said Kurt Drake, Chief Ethics
and Compliance Officer, Kimberly-Clark. "This drives our day-to-day
actions to ensure we conduct business with the highest standards
and integrity, and we are proud to be listed among other companies
who believe that as well."
This marks Kimberly-Clark's 3rd consecutive year
among the 100 highest ranked companies, ranking 31st
overall among the 1,000 largest publicly traded U.S. companies
which were evaluated on a range of factors determined through one
of the most comprehensive survey processes ever conducted on public
attitudes toward corporate behavior.
"America's Most JUST Companies are measurably outperforming
their peers on the key issues Americans care about most: taking
care of employees by paying a fair and living wage, providing good
benefits, as well as equal opportunity and career development,"
said Martin Whittaker, CEO of JUST
Capital. "Creating value for shareholders and stakeholders is not a
zero-sum game, with JUST companies earning 6% higher
Return-on-Equity than their peers."
All of America's Most JUST Companies will be 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 annual Rankings,
which will rebalance in December 2019.
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.
About Forbes Media
Forbes Media is a global media,
branding and technology company, with a focus on news and
information about business, investing, technology,
entrepreneurship, leadership and affluent lifestyles. The company
publishes Forbes and Forbes Asia magazines, as well
as Forbes.com. The Forbes brand today reaches more than 117 million
people worldwide with its business message each month through its
magazines and 38 licensed local editions around the globe,
Forbes.com, TV, conferences, research, social and mobile platforms.
Forbes Media's brand extensions include conferences, education,
financial services and brand licensing.
About Methodology
JUST Capital conducted its 2019
Survey, which included 9,000 respondents, in partnership with NORC
at the University of Chicago and
YouGov. The survey work consists of both qualitative focus groups
and quantitative surveys, as described in the Rankings methodology.
JUST Capital then tracks and evaluates corporate performance
against the people's priorities across 380,000 data points and
creates the ranking model that drives America's Most JUST
Companies, including the JUST 100 and Industry Leader lists. The
selection of companies draws from the Russell 1000 Index, which
represents over 90 percent of the U.S. stock market
value.
About Kimberly-Clark
Kimberly-Clark (NYSE: KMB) and
its trusted brands are an indispensable part of life for people in
more than 175 countries. Fueled by ingenuity, creativity, and an
understanding of people's most essential needs, we create products
that help individuals experience more of what's important to them.
Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex,
Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus,
Neve, Plenitud, Viva and WypAll, hold the No. 1 or No. 2 share
position in 80 countries. We use sustainable practices that support
a healthy planet, build stronger communities, and ensure our
business thrives for decades to come. To keep up with the latest
news and to learn more about the company's 147-year history of
innovation, visit kimberly-clark.com or follow us on
Facebook or Twitter.
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