Equity Bank
Philips

51 companies that are changing the world.

See our methodology and credits

Filter

Methodology

For Fortune’s first “Change the World” list, we’ve found 51 companies that have made a sizable impact on major global social or environmental problems as part of their competitive strategy. This list is not meant to be a ranking of the overall “goodness” of companies or of their “social responsibility.” Big corporations are complex operations that affect the world in myriad ways. The goal here is simply to shine a spotlight on instances where companies are doing good as part of their profit-making strategy, and to shed new light on the power of capitalism to improve the human condition.

To assemble our list, the editors of Fortune and FSG, a nonprofit social-impact consulting firm, reached out to dozens of business, academic, and nonprofit experts around the world, asking for their recommendations. Fortune and a joint team from FSG and the Shared Value Initiative then vetted more than 200 nominees. In our evaluation, we considered four criteria: the degree of business innovation involved, the measurable impact at scale on an important social challenge, the contribution of the shared-value activities to the company’s profitability and competitive advantage, and the significance of the shared value effort to the overall business. A team of journalists from Fortune then further vetted each of the nominees and reported on their impact. The final list of 51 was selected and ranked by the editors of Fortune based on the magazine’s own reporting and by the analysis provided.

Credits

By Erika Fry with additional reporting by Scott Cendrowski, Jonathan Chew, Ryan Daly, Brian Dumaine, Nina Easton, Claire Groden, Matt Heimer, Kia Kokalitcheva, Beth Kowitt, Michal Lev-Ram, Laura Lorenzetti, Brian O’Keefe, Scott Olster, Anne Vandermey, Phil Wahba, Vivienne Walt, Jen Wieczner, and Claire Zillman.

Nike, Cisco, MasterCard, SABMiller, Vodafone, Google—and 45 other companies that are doing well by doing good.

See our methodology and credits

Filter

Sort by:
  1. Rank
Clear Filters

Filter by

Fortune Rankings
Fortune 500
Global 500
Best Companies
World's Most Admired
Clear Filters
Apply
Close

Clear Filters

Rank
View The Full List
33.

Intercorp

Courtesy of Intercorp

Intercorp Chairman Carlos Rodriguez-Pastor’s conglomerate, which had $16 billion in assets as of March, operates with a single ambitious goal: to create a strong economic backbone to sustain Peru’s burgeoning middle class. The organization has pursued this aim on several fronts: banking, retail, and real estate development, to name a few. In 2010, Rodriguez-Pastor tackled Peru’s ailing education system, investing in a small group of private schools founded by educational leader Jorge Yzusqui Chessman. Rodriguez-Pastor hired Chessman and design firm IDEO and gave them an ambitious mandate: to build a network of a hundred schools throughout Peru and beyond. The result? Innova Schools, a low-cost (tuition is $130 per month) for-profit education system of 29 schools and counting, with 19,000 students. Innova, which opens an average of six schools a year, uses a so-called blended learning model that allows students to learn on their own and via teacher-assisted group work. The results so far have been impressive: In 2014, 71% of Innova second-graders tested proficient in math (compared with 26% nationally), and 85% met thresholds in literacy (compared with 44%).

Company Info

Sector Financials
Industry Diversified Financials
Country Peru
Revenues ($ millions) 2037
Company type Public
CEO Ramón Barúa Alzamora
Website http://www.intercorp.com.pe
Impact Segment Education/Discovery

Fortune Rankings

Fortune 500 Rank -
Fortune 500 Profile -
Most Powerful Women Rank -
Most Powerful Women Profile -
World's Greatest Leaders Rank -
World's Greatest Leaders Profile -

Sign In

Get

Thank you for your interest in licensing Fortune content. Please find information on various licensing contacts below and choose the one that best suits your needs:

  • 1. To license Fortune articles, excerpts, or headlines for republication in various media (including books, eBooks, film, web, newsletters, newspapers, magazines and others), please email syndication@timeinc.com.
  • 2. To license a Fortune cover, order reprint or e-print copies of an article or cover, or license an accolade, please contact PARS International at www.timeincreprints.com.
  • 3. To license text only photocopies of Fortunearticles as print or digital handouts in academic settings, or in academic coursepacks, please contact the Copyright Clearance Center at www.copyright.com