Assurant(US:AIZ) Businesswireยท2024-02-05 14:15Core Insights - Assurant has been recognized as one of America's Most JUST Companies, highlighting its commitment to serving various stakeholders including workers, customers, communities, the environment, and shareholders [1][3]. Company Overview - Assurant, Inc. is a global business services company that supports major consumer purchases and operates in 21 countries, offering services such as mobile device solutions, extended service contracts, vehicle protection, and renters' insurance [7]. JUST Capital Rankings - JUST Capital, in partnership with CNBC, released the annual JUST 100 list, which evaluates the performance of the largest U.S. corporations based on public priorities regarding responsible corporate behavior [2][4]. - The rankings are based on a comprehensive polling process that identifies key issues such as fair wages, workforce training, customer privacy, and sustainable practices [2][4]. Performance Metrics - Companies in the JUST 100 outperform their Russell 1000 peers in several areas: - 78.3% of their workers receive a family-sustaining living wage, which is 11.8 percentage points higher [4]. - They provide 7.2 more hours of career development training per employee [4]. - They offer 2 additional weeks of paid parental leave for caregivers [4]. - They use 99% less water per revenue dollar and emit 42% less CO2 per revenue dollar [4]. - They utilize 29.6 percentage points more renewable energy compared to their total energy use [4]. - They have a 4% higher profit margin, 2.9% higher return on equity, and 1.2% higher dividend yield [4]. JUST Capital's Mission - JUST Capital aims to demonstrate that prioritizing stakeholder interests leads to better business outcomes, advocating for a shift in corporate behavior towards more just practices [3][8].