Today, Fortune magazine recognized Sempra Energy as one of the "World's Most Admired Companies" for 2019, the ninth time the company has been recognized by Fortune on the list of global businesses with the strongest reputations.
"We're pleased to be recognized again by Fortune on the prestigious 'Most Admired Companies' list," said Jeffrey W. Martin, chairman and CEO of Sempra Energy. "At the core of our success is the strength and diversity of our employees and their commitment to finding new and better ways to serve our customers. The criteria for this ranking – including financial soundness, quality of our service, workforce talent, innovation and social responsibility – are factors critical to achieving our strategic vision of becoming North America's premier energy infrastructure company."
Fortune works with Korn Ferry Hay Group, a global management consulting firm, to select companies for the "World's Most Admired Companies" list. Fortune and Korn Ferry Hay Group determine the rankings by surveying financial analysts, and senior executives and directors from 680 companies, across 30 countries and 52 industries.
The surveys ask respondents to rank the companies on the following topics: ability to attract and retain talent, quality of management, social responsibility, innovativeness, quality of products or services, wise use of corporate assets, financial soundness, long-term investment value and effectiveness in doing business globally.
Fortune considered the 1,000 largest U.S. companies ranked by revenue for the list, along with non-U.S. companies that have revenues of $10 billion or more.