Lear has been listed on Fortune magazine’s ‘World’s Most Admired Companies’ list for the seventh time consecutively. It was given the award for the highest placement for any North America-based automotive supplier in the Motor Vehicles Parts Industry survey. Lear is an automotive technology leader that specializes in seating and e-systems, that enables superior in-vehicle experiences.
Lear is placed in the top three in the long-term investment and global competitiveness categories – two of the nine factors used by respondents to determine the overall rankings of companies. During 2022, Lear has received more than 100 awards on the global level as a company in categories such as technology; diversity, equity and inclusion; environmental, social and governance; workplace culture, quality, and employee health and safety, the company stated in a press release.
Lear has completed the main acquisitions of Kongsberg Automotive, Thagora Technology SRL and InTouch Automation to enhance our efforts in thermal comfort and Industry 4.0. It has made noteworthy employee-led contributions to support Ukrainian relief efforts, personal wellness and mental health initiatives, and numerous global community assistance activities.
In partnership along with global management consulting firm Korn Ferry, Fortune reported its annual list after surveying 3,760 executives, directors, and analysts from 645 global companies in 52 industry groups about corporate reputation. Respondents ranked the reputations of companies based on nine factors, including management and leadership quality, product and service quality, innovation, social responsibility, global competitiveness and value as a long-term investment.
Lear president and CEO, Ray Scott was quoted saying,“Being selected to this prestigious list for seven consecutive years is a testament to our talented and dedicated employees worldwide. Every day, our team is focused on providing our customers with high quality, innovative products and giving back to the communities where we live and work. Our success is made possible by our commitment to innovation, inclusion and getting results the right way.”