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John Deere is named one of TIME's World Best Companies of 2023. "This recognition is a testament to the entire Deere team and our extended partners. We’re setting the tone for how business should get done — along with the other incredible companies on this list. Great job everyone!" commented John Deere's Senior Vice President & Chief People Officer, Felecia Pryor.
Identifying top performing companies
World’s Best Companies 2023 is a comprehensive analysis conducted to identify the top performing companies across the globe. The study is based on three primary dimensions: Employee Satisfaction, Revenue Growth, and Sustainability (ESG). Employee Satisfaction was evaluated through global surveys involving approximately 150,000 participants from 58 countries. The assessment included both direct and indirect employer evaluations by verified employees.
Revenue Growth was assessed using Statista’s database. To qualify, companies needed to generate a minimum of US $100 million in 2022 and demonstrate positive growth from 2020 to 2022. Both relative and absolute growth metrics were considered. Sustainability was evaluated using ESG data from Statista’s database and targeted research. Multiple Key Performance Indicators were used to create a comprehensive ESG index. These included carbon emissions intensity and reduction rate, Carbon Disclosure Project (CDP) rating, board gender diversity, existence of a human rights policy, and adherence to Global Reporting Initiative (GRI) guidelines.
Data was consolidated and weighted within a scoring model to create the final ranking. The top-scoring companies were recognized as the World’s Best Companies 2023.
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