BorgWarner Named to Fortune’s 2024 World’s Most Admired Companies List

BorgWarner has been named one of 317 companies included on Fortune magazine’s 2024 World’s Most Admired Companies list. This is the second consecutive year BorgWarner has achieved the accolade, and it increased its rank within the “motor vehicle parts” category 6th from to 4th.

“Being named to Fortune’s World’s Most Admired Companies list for the second consecutive year is an incredible recognition for BorgWarner, as it showcases the reputation we’ve built both internally and externally through our Charging Forward strategy and company beliefs,” said Frédéric Lissalde, President and CEO, BorgWarner Inc. “We are proud to be listed among the other highly respected companies on this esteemed list, including our peers and customers.”

The annual list is compiled based on a corporate reputation survey executed by Fortune in collaboration with its partner Korn Ferry, a global organizational consulting firm. The initial pool included about 1,500 candidates: the 1,000 largest U.S. companies ranked by revenue, along with non-U.S. companies in the Fortune Global 500 database that have revenues of $10 billion or more. The number of companies was then winnowed down to the highest-revenue companies in each industry, which resulted in a total of 660 in 29 countries. From there, the top-rated companies were picked through voting by executives from the companies.

To identify the best-regarded companies across 52 industries, Korn Ferry surveyed top executives and directors from companies that are eligible to be on the list, as well as analysts, to rate companies within their own respective industry. Companies were rated based on nine attributes including: quality of management and products, social responsibility, investment value and the ability to attract and retain talent – all key focus areas for BorgWarner. A company’s score must rank in the top half of its industry survey to be listed.

“Fortune congratulates all of the companies whose competitors and peers recognize their achievements and voted them onto the 2024 Fortune World’s Most Admired Companies list, as well as the top 50 All-Stars, who have been named the best of the best by the broader business community,” said Fortune Editor in Chief Alyson Shontell.

For more information on the process to identify the World’s Most Admired Companies or to see the complete list, please visit:

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