Orbia Advance Corporation Recognized in Prestigious Rankings
Orbia Advance Corporation (BMV: ORBIA*) has recently earned a notable spot in the 12th edition of the Merco México ranking, which celebrates companies exhibiting exceptional reputations across Mexico. This recognition is founded on comprehensive research involving assessments of 27 diverse information sources and insights from more than 36,000 surveys. The analysis identifies leading firms excelling in various domains such as leadership, ethical practices, social responsibility, and innovation.
The Evaluation Process Behind the Ranking
The methodology used to determine the top companies in Merco Mexico is multifaceted. It compiles and evaluates economic performance, the quality of products and services, online presence, and stakeholder perceptions. Stakeholders surveyed include analysts, journalists, academics, and employees, providing a holistic view of each company’s reputation. The methodology adheres to standards established by ESOMAR and is verified by KPMG, ensuring the results remain credible and reflective of true corporate reputation.
Commitment to Sustainable Growth
According to Tania Rabasa Kovacs, Chief Sustainability Officer at Orbia, the company’s roots reach back to 1953. Orbia’s history in Mexico is rich, and its commitment to sustainable practices has significantly influenced the region's development. Kovacs expressed gratitude for the recognition and emphasized that Orbia will persist in its mission to enhance lives by delivering sustainable solutions that focus on food security, water management, connectivity, and decarbonization efforts.
A Journey of Expansion and Evolution
Since becoming publicly listed in 1978 on the Mexican Stock Exchange, Orbia has pursued a strategic global expansion. Over the past 15 years, it has made significant acquisitions in areas such as PVC resins, compounds, water management, and precision agriculture. In 2019, a rebranding to Orbia symbolized this evolution, illustrating its commitment to tackling global challenges while reinforcing its corporate identity. The company remains a pivotal player in the Mexican business environment with one of its four global headquarters located in Mexico City.
Recognition by the UN Global Compact
In an impressive feat, Orbia was selected as one of twelve organizations by the United Nations (UN) Global Compact Mexico chapter to have members from its executive team serve on the Board of Directors. This distinction highlights Orbia’s focus on responsible corporate governance and sustainability practices.
Leadership in ESG Initiatives
Orbia is recognized among the 30 companies in the S&P/BMV Total Mexico ESG Index, illustrating its dedication to environmental, social, and governance (ESG) standards. Furthermore, Orbia has committed to the Science-Based Targets initiative, positioning itself among 34 forward-thinking companies in Mexico aiming for measurable progress toward sustainability goals.
About Orbia
Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) is driven by a unified purpose: advancing life around the globe. The company operates in sectors including Polymer Solutions (Vestolit and Alphagary), Building & Infrastructure (Wavin), Precision Agriculture (Netafim), Connectivity Solutions (Dura-Line), and Fluor & Energy Materials (Koura). Across these business segments, Orbia focuses on critical areas such as ensuring food and water security, enhancing connectivity, and advancing decarbonization initiatives through innovative solutions. With a dedicated workforce of over 24,000 employees and a presence in more than 100 countries, Orbia continues to lead in many spheres, achieving revenues of $8.2 billion in 2023. For more information about Orbia, visit orbia.com.
Frequently Asked Questions
What is the Merco México ranking?
The Merco México ranking evaluates company reputations based on various performance metrics and perceptions collated from surveys and expert analyses.
How does Orbia stand out in this ranking?
Orbia is recognized for its commitment to ethical practices, social responsibility, sustainable growth, and innovative solutions across multiple sectors.
What are some of Orbia's business sectors?
Orbia operates in sectors such as Polymer Solutions, Building & Infrastructure, Precision Agriculture, Connectivity Solutions, and Fluor & Energy Materials.
What is Orbia's revenue?
In 2023, Orbia generated an impressive $8.2 billion in revenue, showcasing its robust market presence.
Where are Orbia's global headquarters located?
Orbia has global headquarters in Boston, Mexico City, Amsterdam, and Tel Aviv, indicating its international reach and operational capabilities.
