The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 12 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Whittaker: Social factors in ESG are an undiscovered source of alpha
“So, so I think the S of the ESG and the human element, let's call it, that we're picking up, is probably one of the most undiscovered sources of alpha. And when we do our factor analysis, one of the greatest contributors to the outperformance that we see.”
Whittaker: There Is No Trade-Off Between Values Investing and Financial Returns
“Why there is no trade-off, which is my belief, but also knowing that at the root of it was the data and the processes and the discipline around how you get markets to focus on major social, economic, health, environmental challenges.”
Top-quintile JUST companies materially outperform the bottom quintile
“The performance of just companies, We slice and dice this lots of ways. Tends to be very strong. You know, we see the top quintile, bottom quintile in our model, according to Justin, it's not financial performance, just ranking as a material spread.”
Whittaker: Millions of US frontline workers rely on food stamps
“Millions of Americans in frontline industries are not paid a living wage and rely on food stamps to get by.”
Whittaker predicted 2019 polling would punish tech companies over data privacy
“I think we may start to see a bit of a rebalance. We're in the middle of our 2019 polling right now. It'll be interesting to see how some of the travails that tech has been through in the last six months play out.”
Whittaker: Impact investing requires tracking actual performance over stated policies
“It's all well and good for it to have a policy on gender pay equity. But how are you actually doing? You wouldn't invest in a company that had a policy to be profitable. You'd want to know what they're actually doing. So I don't see this as being any different…”
JUST Capital's founding board includes Paul Tudor Jones and Arianna Huffington
“Just Capital is a not-for-profit, which is even odder insofar as we're not a classic, but that is indeed our structure, and we formed that way because we're really about the mission, and the mission drives everything we do, and I was lucky enough to have some …”
Whittaker: Corporate engagement with JUST Capital tripled in 18 months
“Over the last 18 months, we've had a tripling of the number of companies that are in engagement with us. Now, 363 170 of the almost 900 companies we rank.”
Whittaker: JUST Capital index has outperformed benchmark by 200 bps
“The index has outperformed its benchmark since inception by a couple hundred basis points.”
Whittaker: Tech company ran first living wage audit after JUST Capital involvement
“So we had a tech company recently do its first living wage audit. It had never done that before. Did that on account of our involvement with them.”