MEMPHIS, Tennessee, Feb. 2, 2023 /PRNewswire/ — The Worldwide Paper (NYSE: IP) has been named to Fortune journal’s report of the World’s Most Admired Corporations for the 20 th time. Fortune’s World’s Most Admired Corporations report is the definitive report card on firm standing. Korn Ferry has labored with Fortune yearly since 1997 to find out, select and rank the world’s most admired firms.
“The Worldwide Paper is celebrating its 100 and twenty fifth anniversary this 12 months. All through that time, we have carried out a key place in creating the sustainable merchandise that folk rely upon on every day foundation. We won’t be additional proud to have been named to the World’s Most Admired Corporations report for the 20 th time,” said Mark Sutton, Chairman and Chief Govt Officer. “We need to thank his IP workforce at our agency for this achievement and their dedication to creating certain our agency is protected, worthwhile and sustainable for generations to return again.”
“Fortune acknowledges all the companies voted on the 2023 Fortune World’s Most Admired Corporations report by their rivals and pals for his or her effectivity, along with the very best 50 firms voted the simplest of the simplest by the broader enterprise. Congratulations to the All-Stars for his or her service to the neighborhood all through a tricky 12 months,” said Alison Shontelle, Fortune Editor-in-Chief.
methodology
As in earlier years, Fortune labored with affiliate Korn Ferry to conduct this survey of agency standing. We started with a universe of about 1,500 candidates. The 1,000 largest U.S. firms ranked by revenue and non-U.S. firms with higher than his $10 billion in revenue included inside the Fortune World 500 database. The best-grossing firms in each enterprise, he sorted out a whole of 645 assortments in 27 nations. The perfect rated firms had been chosen from that pool of 645. The executives you voted for work for that group of firms.
To search out out the highest-rated firms in 52 industries, Korn Ferry requested administration, directors, and analysts to guage 9 requirements, along with funding price, operational and product prime quality, social responsibility, and expertise to attract experience. requested to charge firms of their enterprise. A corporation’s score ought to rank inside the prime half of enterprise evaluation to be included inside the report. (For full rankings, go to fortune.com.)
About worldwide paper
Worldwide Paper (NYSE: IP) is a primary worldwide supplier of renewable fiber-based merchandise. We produce corrugated merchandise that defend, promote and permit worldwide commerce, and pulp for diapers, tissues and totally different non-public care merchandise that promote nicely being and wellness. Headquartered in Memphis, Tennessee, the company employs roughly 38,000 people worldwide. We manufacture in North America, Latin America, North Africa and Europe and serve shoppers across the globe. 2022 web product sales had been $21.2 billion. For additional information, please go to InternationalPaper.com.
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