{"id":21515,"date":"2021-08-18T14:50:15","date_gmt":"2021-08-18T05:50:15","guid":{"rendered":"https:\/\/news.samsungcnt.com\/en\/?p=21515"},"modified":"2023-02-21T15:34:52","modified_gmt":"2023-02-21T06:34:52","slug":"samsung-ct-cements-place-among-worlds-top-firms","status":"publish","type":"post","link":"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2021-08-samsung-ct-cements-place-among-worlds-top-firms\/","title":{"rendered":"Samsung C&#038;T cements place among world\u2019s top firms"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"21515\" class=\"elementor elementor-21515\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-68349b2a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"68349b2a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-454b37fe\" data-id=\"454b37fe\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-095562c elementor-widget elementor-widget-text-editor\" data-id=\"095562c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Samsung C&amp;T has maintained its place among the world\u2019s largest companies while navigating the COVID-19 pandemic after being listed on another major list of global firms this year.<\/p><p>On Aug. 2, the Fortune Global 500 was unveiled, showing the world\u2019s largest corporations by revenue over the last fiscal year. For a fifth consecutive year, Samsung C&amp;T was included \u2013 rising to a rank of 473 from 481 last year.<\/p><p>It follows May\u2019s announcement that Samsung C&amp;T was also listed on the Forbes Global 2000, placed 427th.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-726a48b elementor-widget elementor-widget-heading\" data-id=\"726a48b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">\u2018Adapt, evolve, and reinvent\u2019<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a6274e1 elementor-widget elementor-widget-image\" data-id=\"a6274e1\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2021\/08\/fortune-forbes-2021-photo-1v2-1.jpg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"The pandemic effect on the global 500\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzgxMDQsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjFcLzA4XC9mb3J0dW5lLWZvcmJlcy0yMDIxLXBob3RvLTF2Mi0xLmpwZyJ9\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"833\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/08\/fortune-forbes-2021-photo-1v2-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-38104\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/08\/fortune-forbes-2021-photo-1v2-1.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/08\/fortune-forbes-2021-photo-1v2-1-276x300.jpg 276w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f5be059 elementor-widget elementor-widget-text-editor\" data-id=\"f5be059\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The impact of the pandemic is clear when we look at the shifting fortunes of particular industries over the last year. Only 6 out of 21 sectors enjoyed a rise in profits, led by technology, telecommunications, and materials. That leaves 15 industries that performed worse than the year before, with energy, financials, and motor vehicles and parts being particularly hard hit.<\/p><p>Overall, the top 500 companies around the world saw their revenues fall 5 percent and profits drop 20 percent. Another signal that 2020 witnessed the transformation of the global landscape was that 45 new companies joined the Fortune Global 500. Together, the 500 firms were responsible for employing 69.7 million people worldwide.<\/p><p>\u201cThe radical changes the pandemic has wrought will have long-term implications for businesses worldwide. Using it as a catalyst, the Global 500 showed the world how to adapt, evolve, and reinvent themselves,\u201d\u00a0<a href=\"https:\/\/www.bloomberg.com\/press-releases\/2021-08-02\/fortune-releases-annual-fortune-global-500-list-krucev6n\" target=\"_blank\" rel=\"noopener noreferrer\">Fortune List Editor Scott DeCarlo said<\/a>.<\/p><p>This same point was highlighted by the Forbes Global 2000, which uses four equally weighted metrics to score firms \u2013 assets, market value, sales, and profits. As pointed out by\u00a0<a href=\"https:\/\/www.forbes.com\/lists\/global2000\/#21148f105ac0\" target=\"_blank\" rel=\"noopener noreferrer\">Forbes back in May<\/a>, \u201cWorld business leaders faced impossible decisions a year ago.\u201d<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-19b8736 elementor-widget elementor-widget-heading\" data-id=\"19b8736\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Samsung C&T\u2019s numbers<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8af7918 elementor-widget elementor-widget-image\" data-id=\"8af7918\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2021\/08\/fortune-forbes-2021-photo-2v3-1.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzgxMDUsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjFcLzA4XC9mb3J0dW5lLWZvcmJlcy0yMDIxLXBob3RvLTJ2My0xLmpwZyJ9\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"482\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/08\/fortune-forbes-2021-photo-2v3-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-38105\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/08\/fortune-forbes-2021-photo-2v3-1.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/08\/fortune-forbes-2021-photo-2v3-1-300x188.jpg 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f440504 elementor-widget elementor-widget-text-editor\" data-id=\"f440504\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Given the overall landscape, it was clearly an achievement for Samsung C&amp;T to maintain its place among the world\u2019s top firms. The company\u2019s revenue of just over US$25.6 billion and profit of US$877.8 million were only slightly down from\u00a0<a href=\"https:\/\/news.samsungcnt.com\/en\/samsung-ct-fortune-global-500\/\">last year<\/a>.<\/p><p>Moreover, Samsung C&amp;T is showing signs of continued strength this year, having\u00a0<a href=\"https:\/\/news.samsungcnt.com\/en\/samsung-ct-q2-2021-earnings\/\">posted<\/a>\u00a0year-over-year growth in both revenue and operating profit in the second quarter.<\/p><p>Of course, the effects of the pandemic are not over yet. But with numerous interests reflected by its main groups \u2013 Engineering &amp; Construction, Trading &amp; Investment, Fashion, and Resort \u2013 Samsung C&amp;T is seeking to further strengthen the competitiveness of its businesses and devise strategies in line with an evolving business environment.<\/p><p>This is after all a world that is placing more emphasis on factors such as commitment to protecting the environment, social responsibility, and corporate transparency than ever. With the establishment of its\u00a0<a href=\"https:\/\/news.samsungcnt.com\/en\/samsung-ct-holds-annual-general-shareholders-meeting-2\/\">ESG Committee<\/a>\u00a0earlier this year, it is a major positive for Samsung C&amp;T that we have been able to document\u00a0<a href=\"https:\/\/news.samsungcnt.com\/en\/samsung-ct-makes-5-straight-years-climate-change-response-hall-fame\/\">continued success<\/a>\u00a0on these fronts this year.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Samsung C&amp;T has maintained its place among the world\u2019s largest companies while navigating the COVID-19 pandemic after being listed on another major list of global firms this year. On Aug. 2, the Fortune Global 500 was unveiled, showing the world\u2019s largest corporations by revenue over the last fiscal year. For a fifth consecutive year, Samsung [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21558,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[30],"tags":[],"class_list":["post-21515","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-sustainability"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Samsung C&amp;T cements place among world\u2019s top firms - Samsung C&amp;T Newsroom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2021-08-samsung-ct-cements-place-among-worlds-top-firms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Samsung C&amp;T cements place among world\u2019s top firms - Samsung C&amp;T Newsroom\" \/>\n<meta property=\"og:description\" content=\"Samsung C&amp;T has maintained its place among the world\u2019s largest companies while navigating the COVID-19 pandemic after being listed on another major list of global firms this year. On Aug. 2, the Fortune Global 500 was unveiled, showing the world\u2019s largest corporations by revenue over the last fiscal year. For a fifth consecutive year, Samsung [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2021-08-samsung-ct-cements-place-among-worlds-top-firms\/\" \/>\n<meta property=\"og:site_name\" content=\"Samsung C&amp;T Newsroom\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-18T05:50:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-21T06:34:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news.samsungcnt.com\/en\/wp-content\/uploads\/sites\/3\/2021\/08\/fortune-forbes-2021-4-featured-image-588x470-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"588\" \/>\n\t<meta property=\"og:image:height\" content=\"470\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samsung C&amp;T Global PR Manager\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samsung C&amp;T Global PR Manager\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2021-08-samsung-ct-cements-place-among-worlds-top-firms\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2021-08-samsung-ct-cements-place-among-worlds-top-firms\/\"},\"author\":{\"name\":\"Samsung C&amp;T Global PR Manager\",\"@id\":\"https:\/\/news.samsungcnt.com\/en\/#\/schema\/person\/7c21bf3897113ac1b49ed07b1d871d08\"},\"headline\":\"Samsung C&#038;T cements place among world\u2019s top firms\",\"datePublished\":\"2021-08-18T05:50:15+00:00\",\"dateModified\":\"2023-02-21T06:34:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2021-08-samsung-ct-cements-place-among-worlds-top-firms\/\"},\"wordCount\":474,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2021-08-samsung-ct-cements-place-among-worlds-top-firms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/08\/fortune-forbes-2021-4-featured-image-588x470-1.jpg\",\"articleSection\":[\"Corporate &amp; Sustainability\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2021-08-samsung-ct-cements-place-among-worlds-top-firms\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2021-08-samsung-ct-cements-place-among-worlds-top-firms\/\",\"url\":\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2021-08-samsung-ct-cements-place-among-worlds-top-firms\/\",\"name\":\"Samsung C&T cements place among world\u2019s top firms - 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On Aug. 2, the Fortune Global 500 was unveiled, showing the world\u2019s largest corporations by revenue over the last fiscal year. 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