Lincoln Electric Holdings, Inc. has announced that it has been selected as one of the World’s Most Trustworthy Companies of 2023 by Newsweek.
This inaugural award is presented by Newsweek and Statista Inc., a leading global statistics portal and industry ranking provider.
"We are proud to be recognized among the World’s Most Trustworthy Companies by Newsweek reflecting our strong compliance program and a culture of ethics and integrity," stated Christopher L. Mapes, Lincoln Electric’s Chairman, President, and Chief Executive Officer. "Our organization lives by the Golden Rule and operates to a higher standard to ensure that all of our stakeholders are treated respectfully and can trust that we will meet our commitments and make ethical business decisions each and every day."
Newsweek’s World’s Most Trustworthy Companies of 2023 represents the most trustworthy companies across 23 industries in 21 countries.
The results are based on an independent survey of approximately 70,000 participants who rated companies across three pillars of trust: customer trust, investor trust, and employee trust.
All stock-listed companies with revenue over US $500 million were considered in the study, with a total of 269,000 evaluations analyzed.
Lincoln Electric is a global leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly, and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys.
Headquartered in Cleveland, Ohio, Lincoln has 71 manufacturing locations in 20 countries and a worldwide network of distributors and sales offices serving customers in over 160 countries.
For more information about Lincoln Electric and its products and services, visit www.lincolnelectric.com.