Equal Pay Day: These are the best companies for pay equity disclosures in 2023

Only one company in America received an A+ rating.

By Michael Grothaus, March 14, 2023

Today is Equal Pay Day. Its date differs every year and is dependent upon how far into the new year women must keep working just to earn what their male counterparts earned in the previous calendar year, according to the National Committee on Pay Equity.

With that in mind, Arjuna Capital has released its sixth annual Racial and Gender Pay Scorecard. The 2023 scorecard assigns a grade to 68 American companies based on their pay equity disclosures, grading them across five categories, which are:

  1. Racial Pay Gap 

  2. Gender Pay Gap 

  3. UK Pay Gap

  4. Coverage

  5. Commitment 

The good news? For the first time in the scorecard’s history, one company received an “A+” rating: Target. The bad news? Twenty-five companies—over a third of the list—received an “F” rating. Here’s how the top and bottom companies rate based on which industry the company falls into.

Gender Pay Equity, Racial Pay Equity, Shareholder ActivismJulia Frostracial pay equity, Gender Pay Equity, racial pay scorecard, gender pay scorecard, Natasha Lamb, Arjuna Capital, Michael Passoff, Proxy Impact, Equal Pay Day, Fast Company