News Center Stories

February 16, 2017

Southern Company named to Fortune's most admired list

For the eighth consecutive year Southern Company has been named to Fortune's "World's Most Admired Companies" list - this year ranking among the top-six electric and gas utilities worldwide.

The magazine recognized Southern Company as an industry leader for its people management, innovation, long-term investment and financial soundness. Other criteria included the company's quality of services, quality of management, social responsibility and effectiveness in conducting its business globally.

"I'm honored that Southern Company - and our more than 31,000 system employees - continues the standard of being named among the world's top companies," said CEO Thomas A. Fanning. "Southern Company has built a long-term record of success - for more than a century - by adhering to a customer-focused business model. We remain committed to meeting customers' energy needs today while building the future of energy through cutting-edge research and technology."

Fortune collaborated with Korn Ferry Hay Group on the survey of corporate reputations. They started with about 1,500 candidates: the 1,000 largest U.S. companies ranked by revenue, along with non-U.S. companies in Fortune's Global 500 database that have revenues of $10 billion or more. Hay Group then selected the 15 largest companies for each international industry and the 10 largest for each U.S. industry, surveying a total of 680 companies from 28 countries.

To determine the best-regarded companies in 51 industries, Korn Ferry Hay Group asked executives, directors, and analysts to rate the enterprises in nine categories. A company's score must rank in the top half of its industry survey to be listed.