Steelcase Inc. Named One of "World's Most Admired Companies" by Fortune
Fortune Magazine Continues to Recognize Steelcase Inc. in the Home Equipment
and Furnishings Industry Sector
GRAND RAPIDS, Mich., March 3, 2014 (GLOBE NEWSWIRE) -- Fortune magazine has
recognized Steelcase Inc. (NYSE:SCS) as one of its 2014 "World's Most Admired
Companies" in the Home Equipment and Furnishings industry sector. This year,
Steelcase is joined by notable companies including Whirlpool, Tupperware
Brands and Stanley Black & Decker, among others.
In the Fortune survey of executives that ultimately determine the "Most
Admired Companies" rankings, Steelcase's highest scores came in the
Innovation, Social Responsibility, Quality of Management and Quality of
For more than 100 years, Steelcase has provided innovative solutions to
leading organizations from around the world. In the past year, Steelcase
received additional accolades, including a recognition from the Cradle to
Cradle Products Innovation Institute, as well as five 2013 "Best of NeoCon"
Awards, including Gold awards for V.I.A.™, vertical intelligent architecture,
the Gesture® chair and Regard™ seating, and one Innovation award.
Steelcase also remains focused on corporate social responsibility and its
impact on the environment and the communities in which it operates. The
company recently released its 2013 Corporate Sustainability Report, titled
"+Promise," which highlights the company's sustainability achievements,
including saving more than 2,125 tons of greenhouse gas emissions, collecting
more than 4,178 pounds of electronic waste and donating nearly $5 million and
over 6,500 volunteer hours.
"We are honored to be recognized alongside such innovative and respected
global organizations. To be considered among them as one of the"Most Admired"
really reflects on the creativity and dedication of our employees around the
world," saidJim Keane, President and CEO of Steelcase Inc.
Fortune's rankings are published each year and reflect the observations and
opinions of executives, directors and analysts from a total of 692 companies
in 30 countries. Respondents rate their industry peers and competitors on nine
criteria: innovation, people management, use of corporate assets, social
responsibility, quality of management, long-term investment, financial
soundness, quality of products and services and global competitiveness.
More information on the World's Most Admired Companies can be found at
About Steelcase Inc.
For more than 100 years, Steelcase Inc. has helped create great experiences
for the world's leading organizations - wherever work happens. Steelcase and
our family of brands - including Steelcase®, Coalesse®, Designtex®, Details®,
Nurture®, PolyVision® and Turnstone® - offer a comprehensive portfolio of
furnishings, products and services designed to unlock human promise and
support social, economic and environmental sustainability. We are globally
accessible through a network of channels, including approximately 670 dealers.
Steelcase is a global, industry-leading and publicly traded company with
fiscal 2013 revenue of $2.9 billion.
CONTACT: Laura Van Slyke
Steelcase Inc. Logo
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