ATLANTA, Feb. 16, 2017 /PRNewswire/ -- For the eighth
consecutive year Southern Company has been named to
Fortune's "World's Most Admired Companies" list – this year
ranking among the top-six electric and gas utilities worldwide.
The magazine recognized Southern Company as an industry leader
for its people management, innovation, long-term investment and
financial soundness. Other criteria included the company's quality
of services, quality of management, social responsibility and
effectiveness in conducting its business globally.
"I'm honored that Southern Company – and our more than 31,000
system employees – continues the standard of being named among the
world's top companies," said CEO Thomas A.
Fanning. "Southern Company has built a long-term record of
success – for more than a century – by adhering to a
customer-focused business model. We remain committed to meeting
customers' energy needs today while building the future of energy
through cutting-edge research and technology. "
Fortune collaborated with Korn Ferry Hay Group on
the survey of corporate reputations. They started with about 1,500
candidates: the 1,000 largest U.S. companies ranked by revenue,
along with non-U.S. companies in Fortune's Global 500
database that have revenues of $10
billion or more. Hay Group then selected the 15 largest
companies for each international industry and the 10 largest for
each U.S. industry, surveying a total of 680 companies from 28
countries.
To determine the best-regarded companies in 51 industries, Korn
Ferry Hay Group asked executives, directors, and analysts to rate
the enterprises in nine categories. A company's score must rank in
the top half of its industry survey to be listed.
About Southern Company
Southern Company (NYSE: SO) is America's premier energy company,
with 44,000 megawatts of generating capacity and 1,500 billion
cubic feet of combined natural gas consumption and throughput
volume serving 9 million electric and gas utility customers through
its subsidiaries. The company provides clean, safe, reliable and
affordable energy through electric utilities in four states,
natural gas distribution utilities in seven states, a competitive
generation company serving wholesale customers across America and a
nationally recognized provider of customized energy solutions, as
well as fiber optics and wireless communications. Southern Company
brands are known for excellent customer service, high reliability
and affordable prices that are below the national average. Through
an industry-leading commitment to innovation, Southern Company and
its subsidiaries are inventing America's energy future by
developing the full portfolio of energy resources, including
carbon-free nuclear, 21st century coal, natural gas,
renewables and energy efficiency, and creating new products and
services for the benefit of customers. Southern Company has
been named by the U.S. Department of Defense and G.I. Jobs magazine as a top military employer,
recognized among the Top 50 Companies for Diversity by
DiversityInc, listed by Black Enterprise magazine as one of the 40
Best Companies for Diversity and designated a Top Employer for
Hispanics by Hispanic Network. The company has earned a National
Award of Nuclear Science and History from the National Atomic
Museum Foundation for its leadership and commitment to nuclear
development and is continually ranked among the top utilities in
Fortune's annual World's Most Admired Electric and Gas
Utility rankings. Visit our website at
www.southerncompany.com.
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SOURCE Southern Company