MEMPHIS, Tenn., Feb. 2, 2023 /PRNewswire/ — Worldwide Paper (NYSE: IP) has been named to Fortune journal’s checklist of World’s Most Admired Corporations for the 20th time. Fortune’s World’s Most Admired Corporations checklist is the definitive report card on company reputations. Korn Ferry has collaborated with Fortune yearly since 1997 to determine, choose and rank the World’s Most Admired Corporations.
“Worldwide Paper celebrates 125 years this yr, and all through that point we now have performed a vital position in manufacturing sustainable merchandise that folks rely on daily. Our founders would undoubtedly be happy with our firm for being named to Fortune’s World’s Most Admired Corporations checklist for the 20th time,” stated Mark Sutton, chairman and chief govt officer. “I wish to thank our IP crew for this achievement and for his or her dedication to making sure our firm is secure, profitable and sustainable for generations to come back.”
“Fortune congratulates all the firms whose rivals and friends acknowledge their achievements and voted them onto the 2023 Fortune World’s Most Admired Corporations checklist, in addition to the highest 50 All-Stars, who’ve been named the most effective of the most effective by the broader enterprise neighborhood in a difficult yr,” stated Fortune Editor in Chief Alyson Shontell.
Methodology
As we now have previously, Fortune collaborated with our associate Korn Ferry on this survey of company repute. We started with a universe of about 1,500 candidates: the 1,000 largest U.S. firms ranked by income, together with non-U.S. firms within the Fortune World 500 database which have revenues of $10 billion or extra. We winnowed the assortment to the highest-revenue firms in every business, a complete of 645 in 27 international locations. The highest-rated firms had been picked from that pool of 645; the executives who voted work on the firms in that group.
To find out the best-regarded firms in 52 industries, Korn Ferry requested executives, administrators, and analysts to fee enterprises in their very own business on 9 standards, from funding worth and high quality of administration and merchandise to social accountability and skill to draw expertise. An organization’s rating should rank within the high half of its business survey to be listed. (For full rankings, go to fortune.com.)
About Worldwide Paper
Worldwide Paper (NYSE: IP) is a number one international provider of renewable fiber-based merchandise. We produce corrugated packaging merchandise that defend and promote items, and allow worldwide commerce, and pulp for diapers, tissue and different private care merchandise that promote well being and wellness. Headquartered in Memphis, Tenn., we make use of roughly 38,000 colleagues globally. We serve clients worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Web gross sales for 2022 had been $21.2 billion. Further data might be discovered by visiting InternationalPaper.com.
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