By Michele Cahn, Vice President, Global Government Affairs
One of the things that sets Xerox apart is our commitment to corporate social responsibility, a movement that began more than four decades ago when our founder embraced the chance to better the world around us.
So began our CSR journey that today boasts programs and processes intrinsic to our business, born out of an incredible innovation engine at Xerox. We have empowered our people, partnered with customers and built our business to do the right thing. It’s this set of core values that guide our company today.
You don’t have to take my word for it. Xerox was named one of America’s Most JUST Companies in 2018, 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.
Xerox ranked 48 out of 890 companies with strengths in areas of environment (ranking 6th overall & 2nd in our industry) and customers (ranking No. 8 overall and No. 1 in our industry).
Xerox outperformed peers on issues like customer treatment and privacy, beneficial products, environmental impact, community support in the U.S. and abroad, as well as ethical leadership and long-term financial growth.
According to the ranking, companies in the JUST 100, compared to their peers in the Russell 1000, on average:
- 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.
We’re proud to be recognized for our social innovation and contributions to our people, our community and the environment. It’s validation from those that matter most—employees, customers, partners and investors, that our work in these areas is meaningful and making a difference.
In fact, take a look at our recent CSR report and our CSR Progress Report-an evergreen snap shot of data and CSR performance. The progress report was a first this year. We’re trying to keep our stakeholders informed at every turn to boost transparency.
Want more information?
The JUST Capital Rankings 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 a result of being named to the JUST 100, Xerox is 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.