The JUST Report: Business & Markets as a Force for Good

Jay OwenReforming Global Finance, Beyond GDP, Latest Headlines

THIS WEEK: We host “Business & Markets as a Force for Good” with Bloomberg. Kellogg announces its “Better Days” initiative. The New York Times asks why more fathers don’t take their paternity leave. The Financial Times announces our partnership with the Coalition for Inclusive Capitalism.
Business & Markets as a Force for Good

This week, we were thrilled to join forces with Bloomberg in convening business and investment leaders for a discussion around the state of capitalism today, and how we might create a more just and inclusive economy. Joining our Chair and Co-Founder Paul Tudor Jones II were Michael Bloomberg, pension fund CIOs from New York, Illinois, and Florida, and corporate leaders Indra Nooyi, Lady Lynn Forester de Rothschild, and Cyrus Taraporevala. You can read a recap of this timely and robust discussion here.

One of the central messages of the breakfast, which I also explore in my weekly blog, was dispelling some of the myths that surround just investing. We need to bring Gordon Gekko into the 21st Century!

Read it here

-Martin Whittaker 

What’s Happening at JUST
Paul Tudor Jones discussed the future of capitalism on Bloomberg Markets with Vonnie Quinn, and on Bloomberg Radio with Tom Keene and Jonathan Ferro.   Fortune showcased our latest JUST Business, Better Margins analysis.   The Financial Times announced our partnership with the Coalition for Inclusive Capitalism.   Martin joined our new board member Abigail Disney on MSNBC Live with Stephanie Ruhle to talk about solutions to wage inequality. Lastly, our top-ranked companies on environmental issues were featured in Business Insider.
From the Analysts’ Desks
COMMUNITIES  
Kellogg announced its “Better Days” initiative aimed at combating world hunger. One goal? Feeding 375 million people in need by 2030. (Polly Tao)   Chipotle increases investment in local suppliers by purchasing 26 million pounds of produce from local growers in 2017 – 39% more than the year prior. (Sarah Vieux)  

CUSTOMERS
Facebook faced renewed criticism over its data privacy policies when it was revealed that Mark Zuckerberg was likely aware of their questionable practices for a long time. (Sam Schrager)  

WORKERS
Across industries, average employer 401(k) matches are at all all-time high at 4.7%. (Patrick Oakford)
 
ENVIRONMENT
Americans are buying less flood insurance than before, despite the fact that floods are increasing in number and severity due to climate change. (Steffen Bixby)