The results are in, 19 companies were awarded the 'Most Honored Company' accolade, with 11 of them ranking 1st in their sector:
Banks & Non-bank Finance - Macquarie Group
Basic Materials - BHP Group
Chemicals, Oil & Gas - Woodside Energy Group
Consumer Discretionary - Aristocrat Leisure
Consumer Staples - Coles Group
Healthcare, Pharma & Biotech - Fisher & Paykel Healthcare Corp.
Industrials (incl. Infrastructure) - Transurban Group
Insurance - Medibank Private
Property (incl. REITs) - Goodman Group
Transportation - Qantas Airways
Utilities & Alternative Energy - APA Group
“We put a lot of effort into our engagement with investors and analysts and work hard to make sure we are detailed about performance, honest about the challenges and clear on where we're taking the business. It's encouraging to hear that approach is resonating”, said Mark Bendall, BHP Group’s Investor Relations Officer.
You can view the full results here and editorial featuring executives from the MHCs, will follow later this week.
Extel surveyed buy-side analysts, money managers and sell-side researchers at securities firms and financial institutions that cover the region, including those who cast and received votes in this year’s Australia and New Zealand Research Team survey. Results reflect the opinions from 229 investors, portfolio managers and analysts from 140 firms, nominating a total of 265 companies.
We asked the buy- and sell-side voters to name the best chief executive officers, chief financial officers and investor relations professionals at the companies in their coverage universes. CEOs were rated on their credibility, leadership and quality of communication. CFOs were rated on their ability in capital allocation, financial stewardship and quality of communication. For the Investor Relations programs, companies were rated on a variety of attributes covering their service and communication, disclosure, and ESG.
To earn the designation of Most Honored Company, a company must achieve a weighted score of at least 6 points for its published positions in CEO, CFO, IRO, IR Program, and ESG categories; rank is determined by weighted score wherein each first-place position is worth three points; second place, two; and third place, one. When a tie exists in the weighted score, companies are ordered according to the number of ranked positions they receive in their industry sectors.
