America’s Top 10 Most Transparent Companies Revealed in Labrador’s 2022 U.S. Transparency Awards
Labrador’s experts determine the Transparency Awards rankings by reviewing the annual proxy statement, Form 10-K, investor relations website and code of conduct of all S&P 250 companies. The team collected more than 39,000 data points and evaluated each organization’s disclosure documents using 146 different criteria2 that reflect the award’s four pillars of transparency: accessibility, precision, comparability and availability. Review the complete list of ranking criteria and view the awards announcement.
“At a time when companies are being heavily scrutinized by the public, it’s not surprising that investors and other stakeholders now demand a new level of corporate transparency,” said
Because of the extensive set of criteria and comprehensive methodology, the Transparency Awards recognize the quality and completeness of information that top
TOP 10 MOST TRANSPARENT COMPANIES IN THE
Intel Corporation(NASDAQ: INTC)
CVS Health Corporation
Honeywell International, Inc.
The(NYSE: ALL) Allstate Corporation
Cognizant Technology Solutions Corporation
Anthem3 (NYSE: ELV)
American International Group, Inc.
S&P Global Inc.
Best Overall Transparency: Intel
Intel triumphs among those judged, providing information well beyond required disclosure on all four documents. A standout achievement, the company is clearly committed to transparency and emphasizes key information through graphics to enhance reader comprehension – even within the Form 10-K where most companies do not.
Best Proxy Statement:
Proxy Statements are one of the most important documents for shareholder review and thus, a critical area for transparency.
Most Improved Overall: Becton Dickinson
The award for Most Improved Overall goes to Becton Dickinson for demonstrating a commitment to enhancing its corporate disclosure documents year-over-year. The company increased its score by more than 23% moving up 177 spots. Capital One Financial and
Best Form 10-K: Allstate
Allstate takes top honors for its Form 10-
Best Investor Relations Website: Chubb
Transparency online is critical, and nowhere is this more apparent than on a company’s investor relations website. Chubb is awarded top honors with Exxon Mobil and AT&T ranking second and third. All three clearly identify and provide access to sustainability or corporate responsibility information and are among only 24% to provide an Annual Meeting sub-section with a link to voting.
Best Code of Conduct:
A clear, concise Code of Conduct reflects an organization's purpose and values, guiding the behavior of its Board and employees. The 2022 winner is AIG, with Becton Dickinson and Procter & Gamble ranking second and third.
Most Efficient Plain Language - Proxy Statement: Eli Lilly
The use of simple, concise language enhances transparency and offers distinct benefits to the reader and the issuing company. Top honors are awarded to Eli Lilly. Becton Dickinson and Paccar receive the next highest rankings.
Public Services Enterprises Groupand Xcel Energy
Comcast, T-Mobile and Verizon
CBRE, Prologis and Welltower
Dow, Freeport-McMoran and
Accenture, Cognizant Technology and Intel
Honeywell, Lockheed Martin and Rockwell Automation
Anthem, CVS Healthand Johnson & Johnson
AIG, Allstate and
ConocoPhillips, Devon Energy and Occidental Petroleum
Altria, Coca-Cola and Colgate-Palmolive
General Motors, Home Depot and
*Winners are listed alphabetically
Labrador, the creator and organizer of the Transparency Awards, is an independent agency specializing in communicating compliance. With more than 30 years serving clients globally, Labrador’s mission remains the same – to bridge the gap between compliance and communication creating, designing and publishing reader-centric documents that generate shareholder trust and reinforce their investment decisions. Focusing exclusively on corporate disclosure documents, and with over 300 clients worldwide, Labrador provides unique insight into industry trends and best practices, and award-winning innovation and initiatives. For further information, visit www.labrador-company.com or connect with us on LinkedIn or Twitter.
1All S&P 250 companies are ranked, with no need to apply and no fee. Each company receives its own confidential annual ranking. The list of companies was created on
2The criteria are objective and selected based on our unique methodology. For a list of the criteria and more information about the four pillars of transparency, visit www.transparencyawards.com .