5 Most Progressive Companies in America

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1. Johnson & Johnson (NYSE:JNJ)

Number of sources that termed the company as progressive: 6

Johnson & Johnson (NYSE:JNJ) is a New Jersey-based diversified healthcare company involved in consumer packaging, pharmaceuticals, and medical devices businesses.

The company was one of the top 10 members of the Seramount Inclusion Index in 2021. Johnson & Johnson (NYSE:JNJ) claims that 90% of its workforce believes that the company’s senior management respects the dignity and diversity of all employees. Interestingly, when the company was created in 1886, eight of its first 14 employees were female. Presently, 45% of the employee headcount comprises women. Johnson & Johnson (NYSE:JNJ) is also pushing diversity in the field of clinical trials. Various minority groups make up 40% of the US population, but they only have a contribution of 5% to 10% as participants in clinical trials.

Here’s what Distillate Capital Partners LLC said about Johnson & Johnson (NYSE:JNJ) in its Q2 2022 investor letter:

Johnson & Johnson was among the 2 largest trims at around 1% each. Each stock was up 1% in the quarter compared to the 16% price decline for the S&P 500 and the positions were reduced as the valuations became somewhat less appealing, though still attractive enough to warrant inclusion.”

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