Methodology for the
2017 Thomson Reuters Top
100 Global Energy Leaders

TOP 100     |     SUBSECTOR LEADERS     |     METHODOLOGY

A new ranking methodology

It takes more than financial strength to be a global leader in the energy industry. We analyze 20+ factors across 8 dimensions of company strength to find the real leaders.

Video: Learn more about the methodology behind the Top 100 Global Energy Leaders  (2:03)

Our proprietary methodology goes beyond financials to capture a holistic view of what it takes to succeed today and in the future.

This scientifically objective approach uses probabilistic programming techniques, drawing on both proven valuation strategy and unique data assets, in a way that only Thomson Reuters can deliver.

Management & investor confidence

How much confidence do investors have in the company’s management and risk profile?

•  Combined alpha model sector rank
•  Credit combined sector rank
•  Management score
•  Shareholders score

Sources:
Thomson Reuters StarMineI/B/E/S EstimatesThomson Reuters ESG Index

Legal compliance

How responsible is the company?

•  Number of litigations / defendant cases in 4 categories of litigation: environmental, employment, contracts / breach, torts / negligence
•  Product responsibility score

Sources:
Thomson Reuters Monitor SuiteThomson Reuters ESG Index

Financial performance

How well does the company perform financially?

•  Net assets
•  Free cash flow per employee
•  Leverage
•  Operating income margin
•  Revenue growth (3 year)
•  Return on invested capital

Sources:
Thomson Reuters Eikon, Thomson Reuters Fundamentals

Innovation

How innovative is the company?

•  Average patent grants per year
•  Patent grants per application ratio
•  Research & development spend
•  Innovation score

Sources:
Thomson Reuters Monitor SuiteThomson Reuters ESG Index

Risk & resilience

How prepared is the company to withstand shocks and disruptions?

•  Geopolitical risk
•  Number of suppliers
•  Number of customers
•  Supply chain risk

Sources:
World-CheckStarmine, Thomson Reuters value chain analysis

People & social responsibility

How well does the company treat its employees and community?

•  Community score
•  Corporate social responsibility strategy score
•  Human rights score
•  Workforce score

Sources:
Thomson Reuters ESG Index

Reputation

How well is the company perceived by the public and other stakeholders?

•  Overall news sentiment
•  Controversies score

Sources:
Thomson Reuters News AnalyticsThomson Reuters ESG Index

Environmental impact

What is the company’s ability to reduce environmental impact?

•  Emissions score
•  Resource use score

Sources:
Thomson Reuters ESG Index