BorgWarner, a global product provider of innovative and sustainable mobility solutions, has been awarded on Newsweek’s list of Most Trustworthy Companies in America 2024. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on March 27th, 2024, and can be viewed on Newsweek.com.
The Most Trustworthy Companies in America 2024 have been chosen based on a holistic approach to evaluating trust. The three main public pillars of trust were considered: customer trust, investor trust, and employee trust.
The analysis followed a 3-step process:
- Step 1 – Market Definition:
All companies headquartered in the US with a revenue of over $500 million were considered in the study. - Step 2 – Extensive Survey
Based on an independent survey of about 25,000 U.S. residents who rated companies they know in terms of all three touch points of trust. A total of 97,000 evaluations of companies were submitted. - Step 3 – Social Listening
Based on what was said about a company in various media segments of the internet and evaluating whether it was positive, neutral, or negative. In total, over 523,000 mentions were gathered.
“Being named to Newsweek’s Most Trustworthy Companies list is an incredible recognition for BorgWarner, as it showcases the positive reputation we’ve built in our communities over the years through our 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.”
