In 2022, company rankings were determined through review of annual proxy statements, annual reports on Form 10-K, investor relations websites, and codes of conduct. Each company’s documents were scored using 146 discrete criteria that flesh out the four pillars of transparency. In 2022, we also analyzed 12 criteria in order to rank the most efficient plain language in the proxy statement. This award is not accounted for in the overall ranking. See the top-rated companies below:
Top 7 Awards
Best Overall Transparency
The winner: Intel
The top 3: Intel, CVS Health, Honeywell
Proxy Statement
The winner: CVS Health
The top 3: CVS Health, Cognizant Technology Solutions, Anthem
Form 10-K
The winner: Allstate
The top 3: Allstate, Intel, Devon Energy
Investor Relations Website
The winner: Chubb
The top 3: Chubb, Exxon Mobil, AT&T
Code of Conduct
The winner: American International Group, Inc.
The top 3: AIG, Becton Dickinson, Procter & Gamble
Most Improved
The winner: Becton Dickinson
The top 3: Becton Dickinson, Capital One Financial, Target
Plain Language - Proxy Statement
The top 3: Eli Lilly, Becton Dickinson, PACCAR
Top ranked companies by industry
Utilities
Duke Energy, Public Services Enterprises Group and Xcel Energy
Telecommunication Services
Comcast, T-Mobile and Verizon
Real Estate
CBRE, Prologis and Welltower
Materials
Dow, Freeport-McMoran and Newmount
Information Technology
Accenture, Cognizant Technology and Intel
Industrials
Honeywell, Lockheed Martin and Rockwell Automation
Healthcare
Anthem, CVS Health and Johnson & Johnson
Financials
AIG, Allstate and S&P Global
Energy
ConocoPhillips, Devon Energy and Occidental Petroleum
Consumer Staples
Altria, Coca-Cola and Colgate-Palmolive
Consumer Discretionary
General Motors, Home Depot and Target
Top 20 companies
#1 INTEL
new to top 20
#2 CVS HEALTH
present in 2021
#3 HONEYWELL
present in 2021
#4 ALLSTATE
new to top 20
#5 COGNIZANT
present in 2021
#6 TARGET
new to top 20
#7 ANTHEM
new to top 20
#8 AMERICAN INTERNATIONAL GROUP, INC.
new to top 20
#9 ACCENTURE PLC
new to top 20
#10 S&P GLOBAL
present in 2021
#11 IBM
new to top 20
#12 CONOCOPHILLIPS
present in 2021
#13 MASTERCARD
present in 2021
#14 HP
new to top 20
#15 INTUIT
new to top 20
#16 ROCKWELL AUTOMATION
new to top 20
#17 BANK OF AMERICA
new to top 20
#18 GENERAL MOTORS
new to top 20
#19 FREEPORT-MCMORAN
new to top 20
#20 DOW
new to top 20
