20. Pfizer Inc. (NYSE:PFE)
Pfizer Inc. (NYSE:PFE) was one of the first pharmaceutical companies to develop a Covid-19 vaccine, which has been essential and integral in allowing the resumption of normal activities across the globe. While Pfizer Inc. (NYSE:PFE) was nowhere near the top 20 in the previous year, now it kicks off the list of most admired companies in the world as it led by example, and Pfizer Inc. (NYSE:PFE) has perhaps been integral in dissipating some of the mistrust the general population has towards the biggest pharmaceutical companies.
19. Johnson & Johnson (NYSE:JNJ)
Johnson & Johnson (NYSE:JNJ) is one of the biggest conglomerates in the United States. While Johnson & Johnson (NYSE:JNJ) has been much maligned for cancer causing talc-based baby powder and was ordered to pay $2.1 billion to the plaintiffs, Johnson & Johnson (NYSE:JNJ) was one of the few companies to develop a valid Covid-19 vaccine, which was instrumental in curbing the pandemic.
18. Target Corporation (NYSE:TGT)
Target Corporation (NYSE:TGT) is famous for selling quality items for lower prices and has gained admirers for its focus on sustainability and environmental, social and governance issues by setting measurable goals with the aim to to improve consistently. One of Target Corporation’s (NYSE:TGT) recent initiatives includes investing $100 million into Black communities in an effort to combat racism and racial inequality.
17. Walmart Inc. (NYSE:WMT)
Walmart Inc. (NYSE:WMT) being considered an admired company will definitely rankle some feathers. Walmart Inc. (NYSE:WMT) has faced a ton of lawsuits based on poor working conditions, low wages, poor health care and Walmart Inc. (NYSE:WMT) being involved in antiunion activities. The fact that it’s still in this list speaks volumes about the disconnect between executives and average employees.
16. Apple Inc. (NASDAQ:AAPL)
Topping the list of the most admired companies in the world for Fortune is Apple Inc. (NASDAQ:AAPL), though it only made it to 16th position in our list. Apple Inc. (NASDAQ:AAPL) is constantly recognized as one of the most innovative companies in the world as well. Apple Inc. (NASDAQ:AAPL) has topped every category used by Fortune in its determination including use of corporate assets, innovation, social responsibility, financial soundness, quality of management, quality of products and services and global competitiveness.
15. Berkshire Hathaway Inc. (NYSE:BRK-A)
14. Microsoft Corporation (NASDAQ:MSFT)
Microsoft Corporation (NASDAQ:MSFT) is one of the most well-known companies in the world. In fact, odds are if you’re reading this article on a laptop, you’re using Microsoft Windows to run your computer! Regularly rated as one of the best places to work at, Microsoft Corporation (NASDAQ:MSFT) encourages creativity and is held in high regards by its employees.
13. Starbucks Corporation (NASDAQ:SBUX)
12. FedEx Corporation (NYSE:FDX)
The most admired delivery company in the world, FedEx Corporation (NYSE:FDX) has been a part of Fortune’s list for at least 22 years. FedEx Corporation (NYSE:FDX) has more than 850,000 employees worldwide, and despite allegations of distributed substances and narcotics not to mention allegations of tax evasion, FedEx Corporation (NYSE:FDX) has still been able to maintain its view as an admired company.
11. Costco Wholesale Corporation (NASDAQ:COST)
Costco Wholesale Corporation (NASDAQ:COST) is one of the few major retailers which has actually been praised by current and ex-employees. Costco Wholesale Corporation (NASDAQ:COST) may not have unions in the majority of locations but 15,000 employees are union members. Further, Costco Wholesale Corporation (NASDAQ:COST) has continuously raised the minimum wage of its workers, which is now $16 an hour.
10. Netflix Inc. (NASDAQ:NFLX)
9. Amazon.com, Inc. (NASDAQ:AMZN)
Amazon.com, Inc. (NASDAQ:AMZN) being among the most admired companies in the world is definitely going to be controversial, what with the internet being full of stories of the way Amazon.com, Inc. (NASDAQ:AMZN) mistreats its workers, busts unions and tries to stifle worker rights in multiple instances, the truth is that Amazon.com, Inc. (NASDAQ:AMZN) is still really admired because of its innovation for customers, support for communities and commitment to the environment. Of course, it’s worth noting that it is Amazon.com, Inc. (NASDAQ:AMZN) itself which has mentioned the above reasons.
8. NIKE, Inc. (NYSE:NKE)
One of the biggest sports goods manufacturers in the world, NIKE, Inc. (NYSE:NKE) has an incredibly strong brand reputation and brand loyalty, which has served it through decades. NIKE, Inc. (NYSE:NKE) is also famous for its innovation and creativity, though it does need to do more in terms of social responsibility.
7. Delta Air Lines, Inc. (NYSE:DAL)
While Delta Air Lines, Inc. (NYSE:DAL) infamously became the face of poor customer service after it dragged off a doctor from the plane in 2017, but to its credit, Delta Air Lines, Inc. (NYSE:DAL) did reviews its policies after the incident to improve upon services provided.
6. The Walt Disney Company (NYSE:DIS)
The Walt Disney Company (NYSE:DIS) is the most admired media and entertainment company in the world. The Walt Disney Company (NYSE:DIS) has been admired in several areas including people management, use of corporate assets, social responsibility, quality of management and quality of products and services. The Walt Disney Company (NYSE:DIS) seems to have a new lease on life with the launch of Disney+, which has been a massive success so far.
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Disclosure: None. 20 most admired companies in the world is originally published at Insider Monkey.