How TIME and Statista Determined the World’s Best Companies of 2024

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How TIME and Statista determined the World's Best Companies of 2024

, a leading international provider of market and consumer data and rankings. The result of this quantitative study: 1,000 companies forging the path into the future. Here's how the winners were selected." is a comprehensive analysis conducted to identify the top performing companies across the globe. The study was based on three primary dimensions: Employee Satisfaction, Revenue Growth, and Sustainability Transparency .

The first dimension, Employee Satisfaction, was evaluated using survey data from employees worldwide. The surveys were conducted in over 50 countries with data collected from approximately 170,000 participants. The evaluation encompassed evaluations of employers across the dimensions image, atmosphere, working conditions, salary, and equality by verified employees as well as direct and indirect recommendations.

The second dimension, Revenue Growth, was assessed using data from Statista’s revenue database and targeted research, which contains company growth data for the last three years. The companies had to meet certain criteria to be considered for the evaluation, including generating a revenue of at least US $100 million in the last available fiscal year and demonstrating positive revenue growth from 2021 to 2023*. Both relative and absolute growth were considered in the evaluation.

The third dimension, Sustainability Transparency, was evaluated based on ESG data among standardized KPIs from Statista’s ESG Database and targeted data research. To formulate a comprehensive ESG index, multiple data points were collected. For the environmental evaluation, this included the carbon emissions intensity and reduction rate, as well as the Carbon Disclosure Project rating.

Once the data was collected and evaluated, it was consolidated and weighted within a scoring model. The scores of all three dimensions were added on an equal percentage basis to form the final ranking score of a maximum of 100 points. The 1,000 companies with the highest score were awarded as theTIME may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.

 

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