MASHINIi

Just Energy Group Inc..

JE.US | Manufacture of gas; distribution of gaseous fuels through mains

Just Energy Group Inc. is a retail energy provider specializing in electricity and natural gas. The company serves residential and commercial customers across North America, primarily in the United States and Canada. Just Energy purchases energy from wholesale markets and sells it to consumers throu...Show More

Ethical Profile

Mixed.

Just Energy Group Inc. faces scrutiny over its business practices. The company restated financial statements in 2019, following a PCAOB censure and a $65,000 fine for an Ernst & Young Canada partner due to audit deficiencies. A securities class action also alleged misrepresentations in financial disclosures regarding operating and internal control issues. Employee reviews suggest concerns about compensation, with reports indicating salaries are often below industry standards and rank in the bottom 15% compared to similar-sized companies. While work-life balance receives higher marks, career growth is rated poorly. Furthermore, as a retail energy provider, Just Energy's business model is fundamentally linked to selling fossil fuels, contributing to greenhouse gas emissions, despite offering some renewable energy options.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess Just Energy Group Inc. on Better Health for All.

Fair Money & Economic Opportunity

0

Just Energy Group Inc. is a retail energy provider, not a financial institution that lends, insures, moves, or stores money. The ethical value 'Fair Money & Economic Opportunity' primarily assesses financial institutions on aspects such as lending, pricing fairness, financial inclusion, and wealth-building outcomes for consumers. The provided articles focus on securities class action lawsuits

1
, insolvency proceedings
2
, and disputes related to energy pricing
3
and employment
4
. None of the articles contain information or data relevant to Just Energy offering financial services or engaging in activities covered by the KPIs for this value. Therefore, all KPIs are scored as 0, indicating they are not applicable to the company's core business as an energy provider.

Fair Pay & Worker Respect

0

The company's overall employee rating on Glassdoor is 3.4 out of 5 stars, based on 642 reviews.

1
54% of employees would recommend working at Just Energy.
2
Employee ratings for specific aspects include Compensation & Benefits at 3.1/5, Work/Life Balance at 3.3/5, Culture & Values at 3.1/5, and Career Opportunities at 3.1/5.
3
Diversity, Equity & Inclusion received a higher rating of 3.9/5.
4
though ratings varied by demographic, with men rating it lower (2.8/5) than women (4.1/5), and Asian employees rating it higher (3.6/5) than Black or African American and Hispanic/Latinx employees (both 2.9/5).
5
Reviews frequently mention low salaries with high expectations, poor management, and a lack of leadership, while also noting work-from-home options and flexible schedules. Separately, 11 employees rank their Compensation in the Bottom 15% and Perks And Benefits in the Bottom 20% of similar sized companies on Comparably.
6

Fair Trade & Ethical Sourcing

0

No specific, concrete data points were found in the provided articles to assess JE.US against any of the Fair Trade & Ethical Sourcing KPIs.

1
The articles explicitly state that no relevant data is provided for fair trade certification share, audit frequency, forced or child labor incidents, traceability coverage, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend.
2

Honest & Fair Business

0

Just Energy restated its financial statements for Q3 2019 and FY 2019 on August 14, 2019.

1
These restatements were central to a securities class-action lawsuit alleging misrepresentations in continuous disclosure documents between May 2018 and August 2019, concerning material operating and internal control deficiencies in Texas and UK operations.
2
In 2022, the Public Company Accounting Oversight Board (PCAOB) censured a partner at Ernst & Young Canada and levied a $65,000 fine against him for deficiencies in Just Energy's 2019 audit, specifically regarding the evaluation of receivables allowance.
3
A settlement was reached with Ernst & Young LLP in the class-action lawsuit.
4

Kind to Animals

0

No evidence was found in the provided articles to assess JE.US against any of the 'Kind to Animals' KPIs. The articles focus on carbon offsetting, renewable energy, natural gas, and general environmental impacts, with no specific data on animal welfare, cruelty-free products, animal testing, animal-derived ingredients, or direct wildlife conservation impacts by the company.

No War, No Weapons

0

No specific evidence was found in the provided articles regarding Just Energy Group Inc.'s association with arms manufacturing, military contracts, conflict facilitation, or any related initiatives. The articles do not contain data points relevant to any of the 'No War, No Weapons' KPIs for the company's operations.

Planet-Friendly Business

0

No evidence available to assess Just Energy Group Inc. on Planet-Friendly Business.

Respect for Cultures & Communities

0

No evidence available to assess Just Energy Group Inc. on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence was found in the provided articles pertaining to JE.US's performance across any of the 'Safe & Smart Tech' KPIs. All articles focused on Amazon's operations, executive compensation, or workplace safety

1
,
2
,
3
,
4
,
5
,
6
,
7
, none of which are relevant to JE.US's data protection, cybersecurity, or AI ethics practices.

Zero Waste & Sustainable Products

0

No evidence available to assess Just Energy Group Inc. on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.