Grupo Bimbo, the largest baking company in the world, has been recognized for the first time in the "World’s Best Companies" ranking by TIME magazine and market research provider, Statista. Grupo Bimbo is ranked number four in the world within the "food and beverages" category and is in the 113th position overall of the 750 companies listed.

The method for choosing "The World’s Best Companies" consists of a thorough analysis by TIME and Statista to identify the companies with the best results globally. The study was based on three main categories: employee satisfaction, financial growth in income and sustainability achievements (ESG). The data was then evaluated, consolidated, and weighted within a scoring model, with a maximum of 100 points.

“This recognition as one of the World’s Best Companies reflects the work and passion of the more than 145,000 Grupo Bimbo associates,” said Daniel Servitje, CEO, Grupo Bimbo. “Since our foundation more than 78 years ago, we have sought to be an agent of change that positively impacts the communities in which we operate, contributes to the care of our natural ecosystems, and offers the best, highest-quality products to all our consumers.”

The “World’s Best Companies" ranking includes various industries such as retail, manufacturing, engineering, automotive, and services, among others. To view the "World’s Best Companies" list, please visit https://time.com/collection/worlds-best-companies-2023/.