Twelve Philippine companies, including three Sy family-owned organizations, made the list of the world’s 1,000 best companies compiled by Statista and TIME magazine.
This recognition highlights their outstanding performance in employee satisfaction, revenue growth and sustainability.
This makes the Philippines the top Southeast Asian country with the most companies on the list, surpassing Singapore with 11, Indonesia with five and Thailand and Malaysia with four each.
Ayala Corp. was the highest-ranked Philippine company at No. 274 with a score of 89.43, followed by Security Bank Corp. at No. 451 with 87.39 and San Miguel Corp. at No. 451 with 87.24.
SM Investments Corp. ranked No. 502, SM Prime Holdings No. 577, Jollibee Foods Corp. No. 649, Aboitiz Group No. 727, Robinsons Retail Holdings No. 775, China Bank PH No. 849, Alliance Global No. 863, PLDT Inc. No. 897, Metropolitan Bank & Trust Co. No. 935 and Puregold Price Club No. 997.
The SM Group said the inclusion of SM Investments, SM Prime Holdings and China Bank on the list underscores the group’s focus and exceptional performance in employee satisfaction, revenue growth and sustainability.
“We are grateful to be part of the list of the world’s best companies as it reflects our group’s collective commitment to responsible and inclusive development,” said SM Investments president and chief executive Frederic DyBuncio. “It also highlights our dedication to creating shared value for all stakeholders while ensuring the long-term sustainability of the enterprise.”
SM said it continues to drive socioeconomic growth, having created over 131,000 jobs and supported more than 100,000 micro, small and medium enterprises (MSMEs).
The “World’s Best Companies 2024” ranking is the result of a comprehensive analysis to identify top-performing companies worldwide. The study evaluates companies across three primary dimensions: employee satisfaction, revenue growth and sustainability.
Employee satisfaction was assessed through surveys conducted in over 50 countries, with data from about 170,000 participants. Revenue growth was measured for companies with revenues of at least $100 million in 2023, reflecting positive growth from 2021 to 2023. Sustainability evaluations were based on environmental, social and governance (ESG) data from Statista’s ESG Database and targeted research.
US companies dominated the ranking with 352 firms on the list.
Apple of the US topped this year’s global list with a score of 97.75, followed by consulting firm Accenture of Ireland, Microsoft Corp. of the US, BMW Group of Germany, Amazon of the US, Electricite de France of France, American Express of the US, Meta Platforms of the US, Siemens of Germany and JPMorganChase of the US.
DBS Bank of Singapore was the highest-ranked Asian company at No. 43.
