Two companies from Singapore have been ranked among the top 100 on Forbes’ inaugural Top Regarded Companies list.
Local telcom Singtel and real estate firm CapitaLand were ranked 51 and 68 respectively on the multi-industry list.
Five other Singapore companies – Keppel (102), Frasers Centrepoint (127), Global Logistic Properties (130), ST Engineering (202), and Singapore Airlines (236) – also made it to the top 250.
The new ranking is based on a survey of 15,000 respondents from 60 countries who were asked to give their opinions on the companies that made it to Forbes’ 2017 Global 2000 list.
Evaluation criteria included trustworthiness/honesty, social conduct, the company as an employer and the performance of the company’s product or service.
“This accolade attests to not just the financial success of the group. It underscores the strength of the CapitaLand brand as a trustworthy and attractive employer, business partner, product and service provider, and sustainable global citizen across our real estate portfolio spanning more than 150 cities and in over 30 countries,” said Lim Ming Yan, president & group CEO of CapitaLand Limited.
According to Forbes, “companies in the top 10 received above average results for basically all criteria, but were evaluated in an outstanding way especially for the criteria of ‘trustworthiness/honesty’ and ‘performance of the product/service‘”.
While Germany’s Siemens took first place and France’s Michelin Group ranked second, a total of 61 US companies and 42 firms from Japan dominated the rest of the list.
US companies Alphabet and Walt Disney ranked third and fifth while Japan’s Nintendo fit snugly in fourth place.
Other Asian companies which made it to the top 30 include Panasonic (10), Toyota Motor (13), LG Electronics (14), Bridgestone(21), Sony (23), Asustek Computer (26), Lenovo Group (27), and Honda Motor (28).