Australian firms and global companies in the ophthalmic sector have featured prominently in a list of the world’s most trusted businesses.
In fact, right at the top of Newsweek’s list of the world’s most trusted Healthcare and Life Science businesses is Australia’s Cochlear, which took the No 1 spot for its work in manufacturing implantable hearing devices, which are distributed around the globe.
Australian Clinical Labs, a private provider of pathology services, secured the No 9 spot, while CSL Limited, Australia, which produces Ikervis and Cationorm eye drops for dry eye disease, among its many medical offerings, was placed 37th.
The ophthalmic businesses that made the list were German manufacturer of optical systems and optoelectronics Carl Zeiss Meditec at No 6, and Canadian eyecare giant Bausch + Lomb in 24th spot.
A Newsweek media release said trust was “an essential part of any relationship –from personal relationships to ties between businesses and consumers”.
It said trust was “on the decline across various industries, with concerns about data privacy, the use of AI and lack of marketing transparency emerging in the fast-paced global economy”.
Newsweek said the list recognised companies that had earned the confidence of consumers, investors and employees by producing quality products, paying employees fair wages and appointing effective leaders.
The ranking was based on an independent survey of more than 70,000 participants and 230,000 evaluations from customers, investors and employees who responded to prompts like “I trust this company’s advertising and communications claims” and “I believe this company treats its employees fairly.” It also incorporated “social listening”, an analysis of company mentions across social platforms.
More reading
Reader’s Digest names Specsavers as most trusted optometry brand for fourth consecutive year
Australia’s most-trusted optometry brands revealed
