Memphis, Tenn. – International Paper has been named to FORTUNE magazine's list of World's Most Admired Companies for the eighteenth time and ranked first among its peers. FORTUNE's World's Most Admired Companies list is the definitive report card on corporate reputations. Korn Ferry has collaborated with FORTUNE annually since 1997 to identify, select and rank the World's Most Admired Companies.
"I am incredibly grateful for the International Paper team's response to the health crises and economic challenges caused by the COVID-19 pandemic. Achieving this award under these conditions is a testament to the team's outstanding character and efforts," said Mark Sutton, chairman, and chief executive officer. "International paper plays an essential role in producing products that people depend on every day. I want to thank our colleagues for keeping our operations running safely, serving our customers and achieving this recognition."
To compile the rankings, corporate reputation and performance are measured against nine key attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products and services, and global competitiveness.