The Adani Group has been recognised in TIME’s
World’s Best Companies
of 2024 list, which was created in partnership with
Statista
, a prominent global industry ranking and statistics portal.
In a media statement on Friday,
Adani
group which was ranked 736 expressed their gratitude. “The Adani Group is honoured to be featured in TIME’s prestigious World’s Best Companies of 2024 list, prepared in collaboration with Statista, a leading global industry ranking and statistics portal.
This accolade highlights the Adani Group’s commitment to employee satisfaction, revenue growth and sustainability,” read the statement.
“This is further validation of the Adani group’s hard work and continuous efforts to push boundaries and deliver excellence across businesses,” further added the business conglomerate.
As per Adani’s statement, The World’s Best Companies 2024 list is the result of a thorough analysis focusing on three critical aspects:
- Employee Satisfaction: Surveys conducted in over 50 countries with around 1,70,000 participants assessed companies based on direct and indirect recommendations, work conditions, salary, equality, and overall company image.
- Revenue Growth: Companies with revenues exceeding USD100 million in 2023 and demonstrated growth from 2021 to 2023 were evaluated.
- Sustainability (ESG): Companies were assessed based on standardised ESG KPIs from Statista’s ESG Database and targeted research.
Eight out of eleven listed Adani portfolio companies were included in the evaluation while the remaining three listed companies are subsidiaries of the eight evaluated.
The recognised companies include Adani Enterprises Ltd, Adani Ports and Special Economic Zone Ltd, Adani Green Energy Ltd, Adani Energy Solutions Ltd, Adani Total Gas Ltd, Ambuja Cements Ltd, Adani Power Ltd, and Adani Wilmar Ltd.
Based in Ahmedabad, the Adani Group has interests spanning energy and utilities, transport and logistics, natural resources, and consumer sectors.
Statista and TIME released the statistical ranking that evaluates 1,000 of the world’s top companies. The ranking methodology incorporates a combination of factors, including employee satisfaction surveys, revenue growth metrics, and data related to environmental, social, and corporate governance (ESG) practices. 22 Indian firms have been featured in the list including HCL Tech, Infosys and Wipro.
