Axiomatic Data’s ThriveScores™ are used as an important measure of the Social ESG factor and have been shown to be valuable long-term indicators of financial and stock market performance. ThriveScores range between 0 and 1000 and a high ThriveScore usually points to strong stock market performance. It’s rare that a company will have a score of 1000, but several companies have achieved this. The factors that contribute most heavily are employee growth and growth in employer contributions to employee pension plans. At the end of 2021 only 10 companies in the Russell 3000 had ThriveScores of 1000.
Axiomatic Data’s ThriveScores™ are used as an important measure of the Social ESG factor and have been shown to be valuable long-term indicators of financial and stock market performance. ThriveScores range between 0 and 1000 and a high ThriveScore usually points to strong stock market performance. It’s rare that a company will have a score of 1000, but several companies have achieved this. The factors that contribute most heavily are employee growth and growth in employer contributions to employee pension plans. At the end of 2021 only 10 companies in the Russell 3000 had ThriveScores of 1000.
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