Newsweek and Statista Announce 2nd Annual “World’s Most Trustworthy Companies” Ranking
NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Newsweek, the modern global digital news organization, in partnership with Statista, announced its annual World’s Most Trustworthy Companies rankings today. This is Newsweek’s second annual World’s Most Trustworthy Companies rankings, which aims to help individuals find companies they can rely on, whether they’re shopping, looking for a job, or hoping to invest.
World's Most Trustworthy Companies recognizes firms across 23 industries from 20 different countries. The ranking process involved three key steps: first, identifying all publicly traded companies headquartered in the target countries with annual revenues exceeding $500 million; second, conducting an extensive survey of over 70,000 participants who evaluated companies based on investor, customer, and employee trust, resulting in 230,000 company evaluations; and third, performing a social listening analysis to assess the sentiment of over 995,000 online mentions.
Companies were also reviewed for recent scandals or litigations that could negatively impact their trust image. The final score was calculated using a weighted formula: 40% for customer trust, 40% for investor trust, and 20% for employee trust, with a minor consideration of the previous year's score. The top 1,000 companies were ultimately selected based on these comprehensive criteria.
"Trust is the cornerstone of any successful business, and our 2024 World's Most Trustworthy Companies rankings highlight the organizations that have earned the confidence of their customers, investors, and the broader public," said Josh Smith, Newsweek’s Director of Growth and Strategic Partnerships. "These companies have set a benchmark for ethical business practices and have shown that prioritizing transparency and responsibility leads to lasting success."
The top companies on the list include:
- Appliances & Electronics - Samsung Electronics, South Korea
- Banks - Bank BCA, Indonesia
- Business & Professional Services - Adtalem Global Education, United States
- Conglomerate - TATA Group, India
- Construction & Building Materials - Ambuja Cements, India
- Consumer Goods - Lion, Japan
- Energy & Utilities - Canadian Solar, Canada
- Financial Services & Investment - Nationwide Building Society, United Kingdom
- Food & Beverage - Kellanova, United States
- Grocery & Convenience Stores - Kroger, United States
- Health Care & Life Sciences - Cochlear, Australia
- Insurance - American Equity, United States
- Machines & Industrial Equipment - Grainger, United States
- Materials & Chemicals - Klabin, Brazil
- Media & Entertainment - Nintendo, Japan
- Real Estate & Housing - Canadian Apartment Properties Real Estate Investment Trust, Canada
- Retail - zooplus, Germany
- Software & Telecommunications - Samsung SDS, South Korea
- Technology Hardware - ASML, Netherlands
- Textiles, Clothing & Luxury Goods - Brunello Cucinelli, Italy
- Transport, Logistics & Packaging - Singapore Airlines, Singapore
- Travel, Dining & Leisure - Meliá Hotels International, Spain
- Vehicles & Components - Brembo, Italy
See the full ranking report here: newsweek.com/wmtc-2024
About Newsweek:
Newsweek is the global digital news organization built around the iconic 92-year-old American magazine. Newsweek reaches 100 million people monthly with its thought-provoking news, opinion, images, graphics, and video delivered across a dozen print and digital platforms. Headquartered in New York City, Newsweek also publishes international editions in EMEA and Asia.
Contact:
Alyssa M. Tognetti
Broadsheet Communications for Newsweek
alyssa@broadsheetcomms.com
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