Voices for a Sustainable Future

What it reported doing in 2024

Long-term goals are to: -support the labor movement to become a leading force for a just transition to a regenerative economy, by building and advancing a climate action program of its own. -support environmentalists and other climate leaders to understand: 1) labor's importance to the success of the climate movement, to restore democracy and to reduce inequality; 2) how central work is to people's lives; 3) that good jobs are an essential element of a just transition. -build bridges and deep relationships between the labor and climate movements and help them engage together in rising to the challenges of the current climate crisis. Just transition listening project the need for a large-scale just transition for workers and communities has never been more urgent. In april 2020 alone, more than 30 million workers applied for unemployment. Many face the likelihood that they will never go back to their previous jobs. The coronavirus pandemic and the economic crisis developing as a result offer an important barometer of whether and how we are prepared socially, politically and economically for massive changes to our economy. The shift to a green economy we need in order to confront the climate crisis will require economic shifts on a similar scale. On may 27, 2020, the labor network for sustainability and partners launched the just transition listening project, kicking off the pandemic, the economic crisis and just transition, featuring renowned linguist, historian and philosopher noam chomsky and economic experts thea lee, president of the economic policy institute and robert pollin, co-director of the political economy research institute. Maria castaneda, lns board member, secretary-treasure of 1199 service employees international-united healthcare workers east gave the opening remarks.

Financial Efficiency

• Mission deployment rate: 57.1%; rating input score 57
• Program expense ratio: 71.2%; rating input score 71
• Fundraising efficiency: $15.63 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 92.9%; rating input score 93; 24th percentile among comparable filings
• Governance controls: 5 of 8 controls in place; rating input score 62
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 19.9%; rating input score 76; 76th percentile among comparable filings
• Total-asset coverage ratio: 1.45; rating input score 55; 55th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 72; 72nd percentile among comparable filings
• Officer compensation ratio: 2.4%; rating input score 58; 58th percentile among comparable filings

Growth

• Program expense growth: 13.9% per year; rating input score 100; 73rd percentile among comparable filings
• Revenue growth: 15.9% per year; rating input score 100; 80th percentile among comparable filings
• Asset growth: 23.8% per year; rating input score 100; 86th percentile among comparable filings