Southern Company Ranks First Among Utilities in Fortune Magazine’s World’s Most Admired Companies for 2024
ATLANTA, February 27, 2024 /3BL/ - Southern Company ranks as the No. 1 most-admired electric and gas utility worldwide according to Fortune magazine's World's Most Admired Companies list for 2024. A ranking of the world's most respected and reputable companies, the list is based on a survey of more than 3,700 executives, directors and financial analysts.
"It is an honor to be named the most-admired electric and gas utility by Fortune magazine," said Chris Womack, chairman, president and CEO of Southern Company. "This ranking is a recognition of the 27,000 Southern Company system employees who provide exceptional service each day as we deliver clean, safe, reliable and affordable energy solutions for the benefit of our customers and communities."
In determining the list, Fortune collaborated with organizational consulting firm Korn Ferry on this survey of corporate reputation. They began with a universe of an estimated 1,500 candidates: the 1,000 largest U.S. companies by revenue, along with non-U.S. companies in Fortune's Global 500 database that have revenues of $10 billion or more.
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, ranging 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.
More details about the 2024 World's Most Admired Companies list are available on Fortune's website.
About Southern Company
Southern Company (NYSE: SO) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable and affordable energy with excellent service is our mission. The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy distribution company with national capabilities, a fiber optics network and telecommunications services. Through an industry-leading commitment to innovation, resilience and sustainability, we are taking action to meet customers' and communities' needs while advancing our goal of net zero greenhouse gas emissions by 2050. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success. We are transforming energy into economic, environmental and social progress for tomorrow. Our corporate culture and hiring practices have earned the company national awards and recognition from numerous organizations, including Forbes, The Military Times, DiversityInc, Black Enterprise, J.D. Power, Fortune, Human Rights Campaign and more. To learn more, visit www.southerncompany.com.
CONTACT: Southern Company Media Relations, 404-506-5333 or 1-866-506-5333, www.southerncompany.com
