Nestlé has been named the number one consumer food products company for the eighth year running in Fortune magazine’s annual survey of the top 50 ‘World’s Most Admired’ companies.
The company, which ranked 32nd overall, achieved an overall score of 8.10. It received the top score in every category rated, including innovation, people management, social responsibility, quality of management, quality of products and services, and global competitiveness. It is the sixteenth consecutive year Nestlé has been named one of Fortune’s ‘Most Admired Food Companies’. Fortune asked 3,800 executives, directors, and analysts to rate companies in their industry on nine criteria, from investment value to social responsibility. They were also asked to select the 10 companies they admired most from any industry, from a list made up of companies that ranked in the top 25% in last year’s survey, plus those that finished in the top 20% of their industry.
