Croda secured fifth place in the 2013 Britain’s Most Admired Companies Awards, and was named first in the chemical sector.
Now in its 23rd year, the awards offer a unique insight into the components of corporate reputation by recognizing key factors critical to business success.
“This award is designed to recognise the effort, hard-work and dedication of a company to maintaining business excellence,” said Matthew Gwyther, editor of Management Today, which manages the program. “We felt that Croda embodies this accolade and were pleased to present the business with the award.”
Winners are identified by means of peer review; the opinions of board members from 200 of the UK’s largest companies, as well as analysts and City commentators are collected to celebrate what it takes to be admired in business.
“This is a terrific achievement for the company and it is particularly pleasing that the award is given by industry peers and the investment community. It is a reflection on the hard work and dedication of all of our employees across the globe,” noted Steve Foots, CEO of Croda.
The survey covers more than 200 companies scoring them against nine performance areas from quality of management, financial soundness and quality of goods and services, to the ability to attract, develop and retain top talent, the capacity to innovate and commitment to community and environmental responsibility.