Kuala Lumpur, January 29, 2020 —FedEx Corp. (NYSE: FDX) is once again ranked among the most admired companies in the world, according to a survey published in FORTUNE magazine.
The annual “World’s Most Admired Companies” report released today lists FedEx as the No. 14 ranked company overall, tied with American Express and Netflix. The survey measures nine attributes related to the company’s financial performance and corporate reputation.
“To be consistently ranked in the top 20 of the FORTUNE World’s Most Admired Company rankings is an incredible achievement, and by no small measure our team members in the Asia Pacific region have contributed to this result,” said Karen Reddington, president, Asia Pacific, FedEx Express. “Our ranking is a reflection of our unique culture. With a strong people-first philosophy, we strive to make every customer experience outstanding.’’
This is the 20th consecutive year that FedEx has ranked among the top 20 in the FORTUNE Most Admired Companies List.
Survey Methodology
Fortune collaborated with Korn Ferry on this survey of corporate reputations. They began with a universe of 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. They then winnowed the assortment to the highest-revenue companies in each industry, a total of 680 in 30 countries. The top-rated companies were picked from that pool of 680; the executives who voted work at the companies in that group.
To determine the best-regarded companies in 52 industries, Korn Ferry asked executives, directors, and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent. A company’s score must rank in the top half of its industry survey to be listed.
Because of the weak distribution of responses, only the aggregate industry scores and ranks are published in Construction and Farm Machinery, Food and Drugstores, General Merchandisers, Metals, Mining, Crude-Oil Production, Network and Other Communications Equipment, and Wholesalers: Health Care. Results were not published in the following categories due to insufficient response rates: Cable and Satellite Providers, Petroleum Refining, Pipelines and U.S. Energy.
To select the 50 All-Stars, Korn Ferry asked 3,770 executives, directors, and securities analysts who had responded to the industry surveys to select the 10 companies they admired most. They chose from a list made up of the companies that ranked in the top 25% in last year’s surveys, plus those that finished in the top 20% of their industry. Anyone could vote for any company in any industry. The difference in the voting rolls explains why some results can seem at odds with each other. For example, UnitedHealth Group fell off the All-Star list this year but ranked number one within the insurance and managed care category when votes from only those in that industry were counted.
Korn Ferry, which has conducted the research for the World’s Most Admired Companies list since 1997, is a global management consulting firm. For information about Korn Ferry’s services, go to https://www.kornferry.com/.
About FedEx Express
FedEx Express is the world’s largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date supported by a money-back guarantee.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $69 billion, the company offers integrated business solutions through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 490,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com.
For further information, please contact:
Charmaine Jeeva, Perspective Strategies Arlyn Samaniego, FedEx Express
Tel : +603 7491 3138 Tel : +65 6390 5574
Mobile : +6012 610 4802 Email : [email protected]
Email : [email protected]
KUALA LUMPUR, January 29, 2020 — Facing the spread of the novel coronavirus, FedEx Express, the world’s largest express transportation company, is using its extensive global network and logistics resources to provide rapid transportation services for medical supplies destined to Wuhan by working with related organizations, partners and customers.
As part of these efforts, in the early morning of January 26 and 27, FedEx transported the first batch of medical supplies from the U.S. and Japan for our customers to the Guangzhou Baiyun International Airport. These medical supplies include the N95 masks, medical gloves, plastic goggles, disinfectant wipes and antibiotic. With the support from Guangzhou Baiyun Airport Customs, FedEx swiftly completed the clearance of the shipments. China Post delivered these shipments to Wuhan on January 27.
China Post donates its delivery services for epidemic prevention supplies for Wuhan area and provides free transportation and delivery services for the donations to the organizations designated by the Wuhan government. It’s the first batch of medical supplies that FedEx has shipped through the distribution channels of China Post.
FedEx Express will also ship more than 200,000 surgical masks and personal protective equipment such as gowns and gloves from the U.S. to its Asia Pacific Hub in Guangzhou, China to assist the humanitarian work of Direct Relief. FedEx is working closely with China Post, which is coordinating the movement of the supplies from Guangzhou into Wuhan, in order to deliver the relief as quickly as possible.
Since January 25, FedEx has been assisting Medtronic in providing China’s medical organizations with medical equipment including the Extracorporeal Membrane Oxygenator (ECMO), medical ventilators and patient monitors. The first batch of shipments of over 600 pieces of medical equipment and components has been transported quickly and safely to different locations from FedEx warehouse in Shanghai. Now the equipment has already been used treat patients infected by the coronavirus.
“FedEx is using its longstanding relationships with humanitarian organizations and its global network to answer the call for much needed medical supplies to China,” said Karen Reddington, president, Asia Pacific, FedEx Express. “We extend our sympathies to those directly impacted. We are glad we are able to provide support at a time when responsiveness is critical, working with multiple China and international partners.”
FedEx has a long history of working with nonprofit and government entities to support communities and economies during times of crisis. The company has donated US$6 million in cash and in-kind assistance to support humanitarian organizations during this fiscal year, which began on June 1, 2019. FedEx is maintaining frequent communication with nonprofit teams to ensure that our resources are deployed effectively.
About FedEx Express
FedEx Express is one of the world’s largest express transportation companies, providing fast and reliable delivery to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date supported by a money-back guarantee.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $69 billion, the company offers integrated business solutions through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 490,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com.
For further information, please contact:
Anita Teh, Perspective Strategies Arlyn Samaniego, FedEx Express
Tel : +603 7491 3138 Tel : +65 6390 5574
Mobile : +6014 396 9433 Email : [email protected]
Email : [email protected]
On 20 January 2020, AMCHAM held its first Corporate Citizenship Committee (CCC) meeting of the new year. The Committee on Corporate Citizenship is a committee, under the umbrella of MY AMCHAM CARES, one of AMCHAM’s core programs.
The CCC meetings allow for AMCHAM members who are part of the committee to regularly share their best practices, identify member needs for further development of their Corporate Social Responsibility (CSR) initiatives, and at times enable collaboration among members who may provide the solutions needed.
This Committee also aims to develop strategies to make effective change and demonstrate how alignment can be a powerful tool in delivering impact, inline with corporate, local, national and international goals.
This Committee is led by Solomon Lorthu, Managing Director of Motorola Solutions. CCC meetings are held once every 2 months. Any AMCHAM member company can join this committee. To do so, please email us at [email protected]
ON Semiconductor celebrates its 20 year anniversary! A Fortune 500 semiconductors supplier company with global headquarters in Phoenix, Arizona, ON Semi is a major source of high-skilled jobs with over 5,400 employees in Malaysia. The Seremban Site 1 factory in Negeri Sembilan, acquired by ON Semi in 1999, has been a vital part of the state’s economic development since its creation in 1979.
The company’s global President & CEO Mr. Keith D. Jackson is joined by YB Dr. Ong Kian Ming, Malaysia’s Deputy Minister of Ministry of International Trade & Industry (MITI) in leading the celebrations. VIP guests including YB Dr. Mohamad Rafie Bin Ab. Malek (Negeri Sembilan Executive Committee of Investment, Industrial, Entrepreneur, Education and Human Capital), and Mr. Dean Thompson (U.S. Embassy Deputy Chief of Mission), joined the staff of ON Semi in celebrating the company’s longstanding commitment to growing and upscaling their business in Malaysia.
The AMCHAM team would like to congratulate ON Semiconductor on their remarkable achievements in Malaysia – we very much value the company’s active participation in our community!
The development of the Young Professionals Program continues. On 22 January 2020, AMCHAM had the second meet-up with the group of young professionals, nominated by their respective companies. A follow-up from last year’s meeting, this discussion was on program content that would be of interest to the young professionals of AMCHAM member companies.
The agenda for this session was to produce a working plan for 2020, many exciting ideas are being discussed and there may be the first event, catering to the young professionals of the AMCHAM membership, sometime in March. Stay tuned!
