Fortune magazine published its annual list of 'World’s Most Admired Companies', in which Lenovo ranked at fifth, climbing up from tenth position, for companies in the broad computing industry category.
Lenovo currently ranking at 159 on the Fortune Global 500 list, is evaluated with the corporate reputations of global organizations. The annual ranking look at 1,000 larget U.S. companies that report annual revenues of US$10 billion or more.
Lenovo was recognized as "Most Admired" in the 'computer industry' sub category from 52 different industries, reputing well for the company’s innovation, quality of management, and global competitiveness.
Fortune’s Methodology, in partnership with Korn Ferry, determines the best-regarded companies in 52 industries and involves asking executives, directors, and analysts to rate organizations within their sector against nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent.
Lenovo was also recently recognised as one of the world’s most sustainable companies by Corporate Knights; earned a perfect score for the fifth consecutive year in the Corporate Equality Index, and was recognized in Bloomberg’s 2022 Gender Equality Index.
News Source: Business Wire