PALO ALTO, Calif., Nov. 30, 2016
PALO ALTO, Calif., Nov. 30, 2016 /PRNewswire/ -- Varian Medical Systems (NYSE: VAR) today announced it was named America's Most JUST Company in the Healthcare Equipment and Services industry, according to JUST Capital and Forbes magazine's inaugural "JUST 100 List." The rankings are based on criteria established from one of the largest surveys ever conducted on attitudes towards corporate behavior, involving 50,000 Americans over the last 18 months. This inaugural list ranks U.S companies against their peers within 32 major industries. The ranking rates companies based on fair pay, equal opportunity employment, job creation, safety, compliance, and respect for employees.
"We are honored to be named one of the 100 Most Just companies in the US and the top ranked company in our industry," said Dow Wilson, CEO of Varian Medical Systems. "At Varian our mission is to help save millions of lives every year around the world. That is why we all work at the company. One of our shared values is Doing Well by Doing the Right Thing. By focusing on the mission and being guided by our values, everybody wins, whether they are a patient helped by our technology, a customer who can collaborate with us on the next clinical advance, an employee whose contributions are valued, or an investor who garners a good return based on our profitable growth."
For the complete list, visit: www.forbes.com/just100. The inaugural JUST 100 list will appear in Forbes magazine's December 20th "Impact and Philanthropy" issue. JUST Capital will also make the rankings accessible and sortable on its website, justcapital.com. Its interactive "Explorer" tool goes inside the rankings to show how companies were scored.
JUST Capital conducted its survey in partnership with NORC at the University of Chicago, an independent research institution that delivers data and rigorous analysis to guide programmatic, business, and policy decisions. JUST then evaluated the performance of over 890 publicly traded companies against the priorities that emerged in the survey and created a ranking model to develop the JUST 100. This selection of companies draws from the Russell 1000 Index, which represents over 90 percent of the U.S. stock market value.
The top six issues ranked highly by the public, in order, were: providing a fair pay for industry and job level; non-discrimination in hiring, firing, and promotion practices; providing a safe workplace; following laws and regulations; respecting workers; and creating jobs in the U.S. JUST's scoring system is weighted to reflect the relative importance of the public's stated priorities. JUST Capital's full methodology is available online at justcapital.com/methodology as both an interactive guide and a comprehensive report.
About JUST Capital
The JUST Capital Foundation (justcapital.com) is an independent nonprofit 501(c)(3), founded in 2013, that is establishing the definitive source of information and rankings on how large publicly traded corporations measure up against the American people's definition of JUST business behavior. The organization's mission is to leverage the power of the markets to drive positive change on the issues Americans care most about. Chaired and co-founded by Paul Tudor Jones II, and led by a staff with a breadth of finance, social sector, and technology experience, the Foundation's board includes Ray Chambers, Jeff Walker, Marc Morial, Ann Veneman, Dan Hesse, Deepak Chopra, and Arianna Huffington, amongst others.
About Forbes Media
Forbes Media is a global media, branding and technology company, with a focus on news and information about business, investing, technology, entrepreneurship, leadership and affluent lifestyles. The company publishes Forbes, Forbes Asia, and Forbes Europe magazines as well as Forbes.com. The Forbes brand today reaches 98 million people worldwide with its business message each month through its magazines and 37 licensed local editions around the globe, Forbes.com, TV, conferences, research and social and mobile platforms. Forbes Media's brand extensions include conferences, real estate, education, financial services and technology license agreements.
About Varian Medical Systems
Varian Medical Systems, Inc., of Palo Alto, California, focuses energy on saving lives by equipping the world with advanced technology for fighting cancer and for X-ray imaging. The company is the world's leading manufacturer of medical devices and software for treating cancer and other medical conditions with radiation. The company provides comprehensive solutions for radiotherapy, radiosurgery, proton therapy and brachytherapy. The company supplies informatics software for managing comprehensive cancer clinics, radiotherapy centers and medical oncology practices. Varian is also a premier supplier of X-ray imaging components, including tubes, digital detectors, cables and connectors as well as image processing software and workstations for use in medical and industrial settings, as well as for security and non-destructive testing. Varian Medical Systems employs approximately 7,800 people who are located at manufacturing sites in North America, Europe, and China and sales and support offices around the world. For more information, visit http://www.varian.com or follow us on Twitter.
Varian Medical Systems
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SOURCE Varian Medical Systems