Just Capital has released its Overall Rankings for 2022, listing out America’s largest publicly traded companies based on performance in several key issues. Coming in second in the automotive industry is General Motors, slotting in behind Ford’s position at the number-one spot.
Per Just Capital’s 2022 Overall Rankings, General Motors was 30th overall of 954 companies ranked, slotting in between Workday Inc and American Electric Power Company Inc. Meanwhile, in addition to the top spot in the auto industry, Ford Motor Company also secured a spot at 20th overall.
The annual Just Capital rankings are based on polling of the American public, including an annual study, focus groups, and a variety of supplementary surveys and polling projects conducted in conjunction with research partners SSRS and The Harris Poll. The study looked at 19 core Issues considered essential to “just business,” as classified by importance according to stakeholders. At 39 percent, the most important issue were the workers, or “how a company invests in its employees,” followed by communities, or “how a company supports its communities,” at 20 percent. Shareholders and governance was weighted at 19 percent, the treatment of customers was weighted at 11 percent, and environmental impact was weighted at 10 percent.
As for General Motors specifically, GM scored first in the auto industry with regard to the treatment of workers, and 65th overall. General Motors was also 2nd in the industry with regard to communities (42nd overall), 4th in the industry with regard to shareholders and governance (327th overall), 1st with regard to the treatment of customers (34th overall), and 2nd in the industry with regard to environmental impact (137th overall).
General Motors was previously the top industry leader in the Just Capital study for 2021, 2020, and 2019. GM has recently launched a number of social initiatives, including for climate equity, workplace inclusion, and racial justice.
Meanwhile, Ford was second in the industry with regard to workers (93rd overall), 1st in the industry with regard to communities (13th overall), 6th in the industry with regard to shareholders and governance (449th overall), 2nd in the industry with regard to customers (55th overall), and 1st in the industry with regard to environmental impact (87th overall).
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Comments
“how a company invests in its employees,” ford??? they just settled a lawsuit for age discrimination. they fired exemplary older workers to satisfy wall street.
A street poll? Is that supposed to measure success? Most these questions don’t even cover automotive questions, but what the heck.
GM appears to be prioritized on the workers and on the customers, which one would think should lead to high marks in the other areas. Interesting this survey weighs customers so lightly; seems wrong that they’d be half as important as community support which is already primarily covered in supporting the workforce. Residual community support should be a much much smaller number, given the natural support which comes just from the company’s existence in the said community is already factored in through the workforce support.
GM always had the practice of forcing high experience, high pay, older workers out w retirement when many did not want to retire. Retire or your new job will be shuffling paper in the copy machine.
Mary Barra has put GMs glory days in the rear view mirror.
Maybe they should look at their failing product line.
Maybe they should be polarized on there customers..
How many times will they go to court to fight about there cyl deactivation that has ripped off a lot of people.
Problematic 2.4 cyl cam chains.
There was a time when Ford was the top dog when it came to poor quality and not standing behind there customers.
I have always been pro GM but there is way to many issues with there products.
There falling behind the competition by leaps and bounds.
Mary needs to go before GM is unrecoverable.