Elevance Health Named in Top 10 of America’s Most JUST Companies by JUST Capital and CNBC

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INDIANAPOLIS ~ Indianapolis - JUST Capital, in partnership with CNBC, has released its annual JUST 100 list as part of the 2024 Rankings of America's Most JUST Companies. Elevance Health (NYSE: ELV) has been ranked #8 overall and has been recognized for the sixth consecutive year for its dedication to serving its workers, customers, communities, the environment, and shareholders.

The JUST 100 list is determined by evaluating companies based on a wide range of social impact and sustainability criteria and comparing them against each other. This ranking system measures how the largest corporations in the nation are performing on issues that are important to Americans. In the healthcare industry category, Elevance Health has been ranked first in two categories: minimizing environmental impact and commitment to good governance.

Gail K. Boudreaux, President and CEO of Elevance Health expressed gratitude for being recognized as one of America's Most JUST Companies for six years in a row. She stated that this recognition showcases their commitment to driving a sustainability strategy that promotes whole health and health equity. It also reaffirms their goal of becoming a trusted health partner for life, driven by their passion to make a difference for those they serve and their dedication to promoting health beyond healthcare.

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To learn more about Elevance Health's commitment to advancing whole health through its sustainability strategy, visit https://www.elevancehealth.com/who-we-are/corpo....

JUST Capital is an independent nonprofit organization that demonstrates how just business - defined by the priorities of the public - is better business. The JUST Rankings reveal which companies are creating value for all stakeholders and consistently show that those who score well also outperform their peers financially.

Compared to other companies in the Russell 1000 index, those included in the JUST 100 list on average:

- Pay 11.8 percentage points more of their workers a family sustaining living wage (78.3%).

- Provide 7.2 more hours of career development training per employee.

- Offer 2 more weeks of paid parental leave for both primary and secondary caregivers.

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- Use 99% less water per revenue dollar.

- Emit 42% less metric tons of CO2 per revenue dollar.

- Use 29.6 percentage points more renewable energy as a proportion of their total energy use.

- Have a 4% higher profit margin, 2.9% higher return on equity, and 1.2% higher dividend yield.

JUST Capital CEO Martin Whittaker stated that American capitalism needs to work for more Americans and for this to happen, the private sector - especially large corporations - must take the lead in creating value for all stakeholders. He added that this is exactly what the JUST 100 companies are doing, proving that just business is better business.

To explore the JUST 100 companies, visit justcapital.com/rankings.
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