Methodology for Change the World
How We Chose the Companies
The Change the World list recognizes companies that have had a positive social impact through activities that are part of their core business strategy. We prioritize companies with annual revenues of $1 billion or more. The initial solicitation and assessment of nominees is conducted in partnership with FSG, a nonprofit social-impact consulting firm; the Shared Value Initiative, a global platform for organizations seeking business solutions to social challenges; and Professor Michael E. Porter of Harvard Business School. Fortune writers and editors then evaluate and rank the companies by these four factors:
1. Measurable social impact: We consider the reach, nature, and durability of the company’s impact on one or more specific societal problems. This category receives extra weight.
2. Business results: We consider the benefit the socially impactful work brings to the company. Profitability and contribution to shareholder value outweigh benefits to the company’s’ reputation.
3. Degree of innovation: We consider how innovative the company’s effort is relative to that of others in its industry and whether other companies have followed its example.
4. Corporate Integration: We consider how integral the initiative is to a company’s overall strategy, and how well that strategy is communicated through the ranks and elsewhere.
Head Writers: Erika Fry and Matt Heimer
Contributors: Eamon Barrett, Carson Kessler, Beth Kowitt, Adam Lashinsky, McKenna Moore, Sy Mukherjee, Andrew Nusca, Aaron Pressman, Lucinda Shen, Jonathan Vanian, Phil Wahba, Jen Wieczner.