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February 13, 2024

These CT companies were named the most ‘just’ in the nation

Contributed The Hartford Financial Group Inc.'s campus in Hartford.

Several Connecticut-based companies recently ranked among the top 100 most “just” companies in the nation, according to a nonprofit that tracks fair pay and equal treatment of workers.

JUST Capital included five Connecticut companies in the top 50: The Cigna Group (No. 6), Avangrid Inc. (No. 12), The Hartford Financial Services Group Inc. (No. 15), Eversource Energy (No. 38) and Synchrony Financial (No. 48). The rankings are based on a total of 937 companies included in the study.

Cigna, based in Bloomfield, earned the highest rating (94) for how it invests in its employees. It ranked No. 1 overall among healthcare insurance providers.

Avangrid, headquartered in Orange, ranked No. 1 among utilities. It scored highest (99) in terms of how it supports its communities. It scored lowest (64) in terms of how it treats its customers, but above the industry average of 48.

Property and casualty insurer The Hartford ranked No. 1 among insurance companies. Its highest score (92) was in terms of how it supports its communities, with an industry average of 43. It also scored high (83) in terms of how it seeks to minimize its impact on the environment.

Berlin-based Eversource ranked No. 3 in the utilities category, with a 98 score in terms of how it supports its communities. Its lowest score (63) was in the “shareholders and governance” category, in which it was slightly above the industry average of 60.

Stamford-based Synchrony ranked No. 4 among transaction-processing companies. Its highest score (87) was in how it invests in employees. Its lowest score (42) was in how it minimizes environmental impact, below the industry average of 48.

Other companies on the list included The Travelers Cos. Inc., which is headquartered in New York City but has its largest office in Hartford. Travelers ranked No. 85 overall, and No. 5 in terms of insurance companies. It scored highest (89) on worker investment.

Also, aerospace and defense contractor RTX Corp., which is based in Arlington, Virgina, and owns East Hartford-based Pratt & Whitney, ranked No. 69. It ranked No. 1 among aerospace and defense companies and scored a 94 in terms of worker investment.

Bethesda, Maryland-based Lockheed Martin, which owns Sikorsky in Stratford, ranked No. 82 overall and No. 3 among aerospace and defense companies.

JUST Capital created the ranking, which includes U.S. corporations in Russell 1000, by analyzing their performance in several categories, including wages, benefits, workforce retention and advancement, inclusivity, work-life balance, treating customers fairly, efforts to protect the environment and ethical governance, among other things.

To see the full results and learn more about the methodology, click here.

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