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In order, the world’s top five companies in 2024 are Apple, Accenture, Microsoft, BMW Group, and Amazon
MANILA, Philippines – Thirteen Philippine firms made it to TIME’s 2024 list of the world’s best companies.
Among Philippine companies, Ayala Corporation ranked by far the highest at 274th out of the 1,000 companies included in the list. It also ranked highly in terms of employee satisfaction at 41st. (READ: Next generation of Ayala leaders step into the spotlight at media party)
Security Bank was the next highest ranked local company, placing 451st overall. The Dy-led bank excelled in terms of employee satisfaction, securing 5th place globally in that category — ahead of giants like Meta, Facebook’s parent company, and JPMorgan Chase, the world’s largest bank.
Not far behind in rank is San Miguel Corporation (463rd), which was also described by TIME as having “very high” revenue growth. A consortium led by San Miguel is set to take over operations and maintenance of the Ninoy Aquino International Airport, the country’s main international gateway. (READ: First Bulacan, now NAIA: San Miguel-led group will operate Philippines’ main airport)
Several companies from the Sy family’s SM Group — SM Investments (502nd), SM Prime Holdings (577th), and China Bank (849th) — also made it to the list.
The other Philippine companies in the list are:
Here is the full list of Philippine companies ranked among the world’s best:
In order, the world’s top five companies in 2024 are Apple, Accenture, Microsoft, BMW Group, and Amazon.
The list created by TIME and Statista is based on a formula of employee satisfaction surveys; revenue growth; and environmental, social, and corporate governance (ESG) data.
Employee satisfaction was measured through surveys in over 50 countries with data from 170,000 participants. Revenue growth was assessed using Statista’s revenue database and targeted research. ESG data was taken from Statista’s ESG database and further research. – Rappler.com