AUBURN
HILLS, Mich., Oct. 29,
2024 /PRNewswire/ -- BorgWarner has been awarded on
the Forbes list of the World's Top Companies for Women 2024. This
prestigious award is presented in collaboration with Statista, the
world-leading statistics portal and industry ranking provider. The
awards list was announced on October 29th,
2024, and can currently be viewed on the Forbes'
website.
"BorgWarner is extremely proud to receive this recognition from
Forbes and hold such high rank among top women-inclusive companies
around the world," said Tania
Wingfield, Chief Human Resources Officer, BorgWarner. "At
BorgWarner, we are constantly striving to create an environment
that empowers and supports women, and we are honored to be a place
where women feel valued and truly want to work."
The World's Top Companies for Women 2024 have been chosen among
multi-national corporations that were evaluated in multiple
globally administered independent surveys of approximately 100,000
women in 37 countries. Over 750,000 data points were collected. The
final analysis is based on three scores:
- Employer Brand Score: Women were
asked to rate how their employer performs across a series of
gender-related topics. In addition, they were asked to rate their
overall willingness to recommend their employer and assess them
across other, more general, workplace satisfaction questions. Women
were also prompted to evaluate other employers in their respective
industries that stand out either positively or negatively.
- Public Opinion Score: A women-only public opinion survey
measured how women perceive companies in terms of gender
equality.
- Leadership Score: Objective criteria (i.e., the presence of a
female CEO and the share of board/executive committee positions
filled by women) were gathered via extensive desk research.
Based on the results of the study, BorgWarner is honored to be
recognized on the Forbes list of the World's Top Companies for
Women 2024.
About Statista
Statista publishes hundreds of
worldwide industry rankings and company listings with high profile
media partners. This research and analysis service is based on the
success of statista.com, the leading data and business
intelligence portal that provides statistics, business relevant
data, and various market and consumer studies and
surveys.
About BorgWarner
For more than 130 years,
BorgWarner has been a transformative global product leader
bringing successful mobility innovation to market. With a focus on
sustainability, we're helping to build a cleaner, healthier, safer
future for all.
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and other such matters, are forward-looking statements. All
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made by us in light of our experience and our perception of
historical trends, current conditions and expected future
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in the circumstances. Forward-looking statements are not guarantees
of performance, and the Company's actual results may differ
materially from those expressed, projected, or implied in or by the
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You should not place undue reliance on these forward-looking
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Forward-looking statements are subject to risks and uncertainties,
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statements. These risks and uncertainties, among others, include
supply disruptions impacting us or our customers, commodity
availability and pricing, and an inability to achieve expected
levels of recoverability in commercial negotiations with customers
concerning these costs; competitive challenges from existing and
new competitors, including original equipment manufacturer ("OEM")
customers; the challenges with rapidly changing technologies,
particularly as they relate to electric vehicles, and our ability
to innovate in response; the difficulty in forecasting demand for
electric vehicles and our electric vehicles revenue growth;
potential disruptions in the global economy caused by wars or other
geopolitical conflicts; the ability to identify targets and
consummate acquisitions on acceptable terms; failure to realize the
expected benefits of acquisitions on a timely basis; the
possibility that our 2023 tax-free spin-off of our former Fuel
Systems and Aftermarket segments into a separate publicly traded
company will not achieve its intended benefits; the failure to
promptly and effectively integrate acquired businesses; the
potential for unknown or inestimable liabilities relating to the
acquired businesses; our dependence on automotive and truck
production, which is highly cyclical and subject to disruptions;
our reliance on major OEM customers; impacts of any future strikes
involving any of our OEM customers and any actions such OEM
customers take in response; fluctuations in interest rates and
foreign currency exchange rates; our dependence on information
systems; the uncertainty of the global economic environment; the
outcome of existing or any future legal proceedings, including
litigation with respect to various claims, or governmental
investigations, including related litigation; future changes in
laws and regulations, including, by way of example, taxes and
tariffs, in the countries in which we operate; impacts from any
potential future acquisition or disposition transactions; and the
other risks noted in reports that we file with the SEC, including
Item 1A, "Risk Factors," in our most recently filed Annual Report
on Form 10-K and/or Quarterly Report on Form 10-Q. We do not
undertake any obligation to update or announce publicly any updates
to or revisions to any of the forward-looking statements in this
press release to reflect any change in our expectations or any
change in events, conditions, circumstances, or assumptions
underlying the statements.
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SOURCE BorgWarner