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Ayala is Philippines' best company — TIME 2024 ranking

Business

Ayala is Philippines' best company — TIME 2024 ranking

By MB Business

Ayala Corporation is once again the highest-ranked Philippine company in the Time World’s Best Companies 2024 list.

The World's Best Companies 2024 ranking is a comprehensive analysis conducted to identify the top-performing companies across the globe. This distinction is presented by Time and Statista, the world-leading statistics portal and industry ranking provider.

According to Statista, companies that made the list were judged based on three primary dimensions: employee satisfaction, revenue growth, and sustainability.

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

Only companies generating a revenue of at least $100 million in 2023 and demonstrating positive revenue growth from 2021 to 2023 were considered in the ranking. The ESG data of the companies were also evaluated among standardized KPIs from Statista’s ESG Database and targeted data research.

“In our 190th anniversary year, we are grateful to be recognized for quality, and are delighted that this is the second year in a row to have achieved such recognition. If we continue to build businesses that enable people to thrive, we’ll continue to be among the world’s leading companies.” said Cezar Consing, President & CEO of Ayala Corporation.

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