Oil Patch Bits: Fluor named a Fortune world’s most admired company

Petroleum News

Fluor Corp. announced Jan. 22 that it was named to Fortune magazine’s 2018 world’s most admired companies list for the 18th consecutive year.

“Fluor’s 60,000 global employees embody our core values of safety, integrity, teamwork and excellence on a daily basis,” said David Seaton, Fluor’s chairman and chief executive officer. “Fortune’s recognition of the importance of these core values is a testament to the outstanding work of our employees on projects around the world.”

Now in its 35th year, Fortune’s world’s most admired companies list is considered a definitive report card on corporate reputations. Fortune collaborates with Korn Ferry to identify and rank the world’s most admired companies. The rankings are compiled by querying thousands of executives, directors and analysts to measure corporate reputation and performance.

Companies are evaluated against nine key attributes: ability to attract and retain talented people, quality of management, social responsibility to the community and the environment, innovativeness, quality of products or services, wise use of corporate assets, financial soundness, long-term investment value and effectiveness in doing business globally.

The 2018 world’s most admired companies list will be featured in Fortune’s February issue. More details can be found at http://fortune.com/worlds-most-admired-companies.