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15 NJ companies recognized by Time magazine as best in the world

Kimberly Redmond//September 14, 2023//

Merck celebrates opening of its reimagined Rahway headquarters.

Merck celebrated the opening of its reimagined Rahway headquarters in June. - MERCK

Merck celebrates opening of its reimagined Rahway headquarters.

Merck celebrated the opening of its reimagined Rahway headquarters in June. - MERCK

15 NJ companies recognized by Time magazine as best in the world

Kimberly Redmond//September 14, 2023//

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When it comes to the top companies in the world, more than a dozen of them are right here in New Jersey, according to a new ranking from Time.

Released Sept. 12, the magazine’s inaugural World’s Best Companies list highlights 750 organizations that appear to be the ones doing right not just by employees and investors, but also the planet.

To create the compilation, Time and Statista Inc., a leading statistics portal and industry ranking provider, evaluated companies based on employee satisfaction surveys, revenue growth and data related to Environmental, Social & Governance (ESG) initiatives.

Tech companies performed well, with Microsoft coming in first overall, as well as for employee satisfaction, and Apple, the world’s most valuable company, ranking second overall. IT and consulting firm Accenture had the highest ESG score and was named the fifth overall best company.

In commenting on the list, Time Senior Editor Emma Barker Bonomo said, “We are excited to join TIME’s editorial expertise with Statista’s authoritative data gathering and analysis to bring our readers this informative ranking that will help them better understand the many companies that play a role in their lives today.”

Of the top 200 companies on the list, the following are headquartered – or have a presence – within the Garden State:

On Sept. 14, 2023, Johnson & Johnson unveiled a new brand and visual identity. - JOHNSON & JOHNSON
Johnson & Johnson, which unveiled a new brand and visual identity on Sept. 14, also has been named one of the World’s Best Companies by Time. – JOHNSON & JOHNSON

No. 20. Johnson & Johnson, New Brunswick
Sustainability rank: 82
Employee satisfaction rank: 28
Growth rate: high

23. Merck & Co., Rahway
Sustainability rank: 154
Employee satisfaction rank: 65
Growth rate: very high

38. Roche, Branchburg
Sustainability rank: 91
Employee satisfaction rank: 10
Growth rate: moderate

41. Sanofi, Bridgewater
Sustainability rank: 27
Employee satisfaction rank: 164
Growth rate: very high

Partners Russo Development and Onyx Equities will bring a brand new industrial development to Novartis Corp.'s 202-acre U.S. headquarters in East Hanover, pictured here.
Partners Russo Development and Onyx Equities will bring a new industrial development to Novartis Corp.’s 202-acre U.S. headquarters in East Hanover, pictured here. – RUSSO DEVELOPMENT / ONYX EQUITIES –

45. Novartis, East Hanover
Sustainability rank: 72
Employee satisfaction rank: 75
Growth rate: high

56. BASF, Florham Park
Sustainability rank: 320
Employee satisfaction rank: 100
Growth rate: very high

59. Safran, Wall Township
Sustainability rank: 139
Employee satisfaction rank: 119
Growth rate: very high

64. Infosys, Bridgewater
Sustainability rank: 135
Employee satisfaction rank: 103
Growth rate: high

Cherry Hill-based TD Bank is upgrading hundreds of stores over the next several years as part of its Next Generation (NextGen) Store Program.
Cherry Hill-based TD Bank is upgrading hundreds of stores over the next several years as part of its Next Generation (NextGen) Store Program. – TD BANK

66. TD Bank, Cherry Hill
Sustainability rank: 74
Employee satisfaction rank: 52,
Growth rate: moderate

101. Novo Nordisk, Plainsboro
Sustainability rank: 74
Employee satisfaction rank: 52,
Growth rate: moderate

125. Unilever, Englewood Cliffs
Sustainability rank: 23
Employee satisfaction rank: 277
Growth rate: high

135. 3M, Flemington
Sustainability rank: 214
Employee satisfaction rank: 41
Growth rate: moderate

161. Stryker Corp., Mahwah
Sustainability rank: 110
Employee satisfaction rank: 352
Growth rate: high

175. Automatic Data Processing (ADP), Roseland
Sustainability rank: 169
Employee satisfaction rank: 158
Growth rate: moderate

181. Prudential Financial Inc., Newark
Sustainability rank: 85
Employee satisfaction rank: 168
Growth rate: moderate