THOR Industries Inc. was among those recognized on Newsweek’s list of “Most Trustworthy Companies in America 2023.” THOR is one of largest RV manufacturers in the world. This award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on March 29, 2023, and can currently be viewed on Newsweek’s website.
Most Trustworthy Companies in America 2023 were identified in an independent survey based on a sample of approximately 25,000 U.S. residents who rated companies they know in terms of all three touchpoints of trust. A total of 95,000 evaluations were submitted. All companies headquartered in the nation with a revenue over $500 million were considered in the study.
The top 700 Most Trustworthy Companies across 23 industries have been chosen based on a holistic approach to evaluating trust. The three main public pillars of trust considered were customer trust, investor trust and employee trust.
Below is a message from Newsweek Global Editor in Chief Nancy Cooper:
“In any good relationship, the one essential ingredient is trust. It’s hard to build, easy to lose and sometimes you think you have more of it than you really do. According to a survey last year by the consulting firm PwC, 87 percent of business executives thought consumers had a high level of trust in their companies. The number of customers who actually said they did was just 30 percent. There was also a gap, though a smaller one, between the 84 percent of executives who thought their employees had a lot of trust in their businesses and the 69 percent of employees who did.
“Because trust plays a big part in customers’ decisions about what to buy, employees’ decisions about where to work and investors’ decisions about whether to invest, Newsweek, in collaboration with market research partner Statista, is proud to introduce our second annual listing of the Most Trustworthy Companies in America. This year we’ve listed 700 U.S. companies in 23 industries according to their evaluations by U.S. customers, employees and investors.
“We looked at a pool of 3,100 U.S. based companies (1,800 publicly held and 1,300 privately held) with revenues over $500 million. Their rankings were based on the results of an independent survey from a sample of about 25,000 people in the U.S. who were asked how much they agreed with statements like “I trust in this company to treat me fairly as its customer,” “I believe this company offers good opportunities for career development” and “I believe this company would be a good long-term investment.”
“Well-known names are prominent in this year’s ranking, ranging from Quaker Oats in the food and beverage category, to 7-11 in grocery and convenience stores to Walmart in retail. The retail category had the largest number of winners with 61 companies making our list, followed by 47 for energy and utilities and 46 in food and beverage.
“Whether you are a consumer or a potential employee or investor, we hope you find this year’s ranking informative and useful.”