New Report: In Wake of Black Lives Matter Protests, 98% of Syndio Companies That Analyze Pay Equity Practices Now Include Race

As more companies respond to pressure to improve fair pay practices, Syndio, the leading equity tech analytics platform, reveals 2021's Pay Equity Trends

SEATTLE, Sept. 28, 2021 /PRNewswire/ -- More corporations than ever before are including race in their pay equity analyses after the murder of George Floyd, according to a new report from Syndio, a leading EquityTech analytics platform. Syndio today released its 2021 Pay Equity Trends, a guide to help inform corporations' fair pay analysis as pressure mounts from investors, employees, and legislation to improve pay equity practices.

Based on survey responses from more than 50 leading companies and patterns observed from customers' pay equity analyses, Syndio identified five trends among corporations leading in pay equity strategy:

  1. Companies are including race in pay equity analysis

  2. Companies are analyzing different types of employee compensation

  3. eMore companies are budgeting for pay equity adjustments

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Tallgrass to track, measure emissions on U.S. interstate natgas pipeline


DENVER, Sept 28 (Reuters) - Tallgrass Energy Partners will begin monitoring emissions, including methane and other greenhouse gases, on its Rockies Express Pipeline, making it the first U.S. company to measure and certify the environmental impact of operations on an interstate natural gas pipeline.

Natural gas producers, transporters and utilities are embracing carbon-reduction measures and third-party ratings to show investors and customers they are serious about reducing greenhouse gas emissions amid concerns over their environmental impact.

Tallgrass and carbon-measurement firm Project Canary this year plan to begin installing monitoring devices at compressor stations along the 1,700-mile pipeline to rate the environmental impact of its operations. The devices will help provide real time measurements of fugitive methane emissions, among other things.

"Buyers want assurances that natural gas is produced and transported in the most environmentally responsible way possible," said Matt Sheehy, president of Tallgrass.

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Seattle-based Syndio raises $50M on heels of funding round just months ago

Seattle-based pay equity software company Syndio on Monday announced a $50 million Series C round. 

The raises comes after Syndio raises a $17.1 million Series Bin January and roughly $1 million in June from Penny Jar Capital, which is backed by two-time NBA MVP Stephen Curry. According to the Syndio, the money will help the company with new product development and hiring.

"As you think about Syndio as a company, we started by addressing pay equity with the intent to always broaden to a platform that addressed workplace equity," Syndio CEO Maria Colacurciopreviously told the Business Journal. "I think that’s what we’re seeing right now. We’re seeing that trend continue."

Syndio's website says the company has open roles in engineering, marketing and sales.

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