13 PH corporate giants land among TIME's World's Best Companies for 2024

September 13, 2024
1:47PM PHT

Thirteen Philippine companies have been recognized in TIME’s prestigious list of the World’s Best Companies for 2024.

This list, compiled by Statista and TIME, evaluates 1,000 companies worldwide based on a combination of factors: employee-satisfaction surveys, revenue growth, and environmental, social, and corporate governance (ESG) data.  

The rankings reflect the exceptional performance of these firms in three key areas: sustainability, employee satisfaction, and revenue growth. 

These firms represent a diverse range of industries, showcasing the strength and global competitiveness of Philippine businesses.

Here is the list of companies with brief description:

    •    Ayala Corp. – Ranked 274th with a score of 89.43, Ayala Corporation leads Philippine companies due to its strong sustainability efforts and notable revenue growth, especially in the conglomerate sector.

    •    Security Bank Corp. – Positioned at 451st with a score of 87.39, Security Bank stands out for its balanced performance in banking and financial services, particularly for ranking 5th globally in employee satisfaction.

    •    San Miguel Corp. – Ranking 463rd with a score of 87.24, San Miguel excels in the food and beverage industry, receiving high marks for its impressive revenue growth.

    •    SM Investments Corp. – At 502nd with a score of 86.73, SM Investments distinguishes itself with very high revenue growth and solid sustainability performance in the banking and financial services sector.

    •    SM Prime Holdings – SM Prime ranks 577th with an overall score of 85.75, excelling in business services and supplies with very high revenue growth.

    •    Jollibee Foods Corp. – Ranked 649th with a score of 84.81, Jollibee is recognized for its strong revenue growth and continued global expansion in the food and beverage industry.

    •    Aboitiz Group – Ranking 727th with an overall score of 83.81, Aboitiz is acknowledged for its contributions to the conglomerate sector, particularly in sustainability and employee satisfaction.

    •    Robinsons Retail Holdings – At 775th with a score of 82.89, Robinsons Retail stands out in the retail, wholesale, and consumer goods industry, with moderate sustainability efforts.

    •    China Banking Corp. (China Bank) – Ranking 849th with a score of 80.98, China Bank demonstrates strong performance in banking and financial services with high revenue growth.

    •    Alliance Global Group – Positioned at 863rd with a score of 80.49, Alliance Global is recognized for its steady growth and sustainability contributions as a major conglomerate.

    •    PLDT – Ranked 897th with a score of 79.38, PLDT is noted for its moderate revenue growth and solid employee satisfaction within the telecommunications sector.

    •    Metropolitan Bank & Trust Co. – At 935th with a score of 77.38, Metrobank stands out for its moderate growth in the banking sector.

    •    Puregold Price Club – Ranking 997th with a score of 72.14, Puregold is recognized for its steady growth in the retail and consumer goods industry.

TIME Magazine, Statista publish list of the World's Best Companies, which includes 13 of the Philippines' biggest corporations. -Screenshot from TIME Magazine (Philippines) list. 
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