Intelligent power management company Eaton announced it has been named one of the World’s Most Admired Companies by FORTUNE magazine for the seventh straight year.

FORTUNE’s list of the World’s Most Admired Companies is based on company surveys and peer ratings from top executives, directors and members of the financial community. They 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.

“It’s an honor to be recognized for our commitments to our stakeholders and to society,” said Craig Arnold, Eaton chairman and chief executive officer. “The confidence shown in our company by our peers and the investment community affirms our team’s dedication to living by our values and our mission to improve the environment and the quality of life for people everywhere.”