February 8th, 2023 – Fortune magazine recently published its annual list of the World’s Most Admired Companies, and Lenovo has risen in the listing 11 places to #189. The annual ranking evaluates the corporate reputations of global organizations and looks at the 1,000 largest U.S. companies alongside FORTUNE’s Global 500 companies with annual revenues of US$10+ billion. Lenovo currently ranks 171 on the FORTUNE Global 500 list.
The list ranks global companies from 52 different industries. Within companies in the ‘computer industry’ sub-category, Lenovo was particularly recognized as “Most Admired,” scoring well for the quality of products and services, governance, innovation, and social responsibility.
Lenovo is leading the way with technology to transform the way we live and work, offering innovative end-to-end solutions to enrich workplaces, cities, and people’s daily lives, and is committed to increasing investment in research and development in the medium term. Lenovo is also the first PC and smartphone maker to have its 2050 net-zero targets validated by the Science Based Targets Initiative, a partnership between the UN Global Compact, CDP, World Resources Institute and World Wide Fund for Nature
“Fortune congratulates all of the companies whose competitors and peers recognize their achievements and voted them onto the 2023 Fortune World’s Most Admired Companies list, as well as the top 50 All-Stars, who have been named the best of the best by the broader business community in a challenging year,” said Fortune Editor in Chief Alyson Shontell.
Fortune’s Methodology, in partnership with Korn Ferry, determines the best-regarded companies in 52 industries and involves asking executives, directors, and analysts to rate organizations within their sector against nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent.
More information on FORTUNE’s 2023 World’s Most Admired Companies can be found here.