Balfour Beatty has come out on top in the Heavy Construction category in Britain’s Most Admired Companies of 2019, as Wates and Morgan Sindall just miss the top spot
The awards for Britain’s Most Admired Companies of 2019 represent a peer-review of corporate reputation, considering views from board-level representatives, financial analysts and city commentators to identify Britain’s largest public companies and leading employers across 25 sectors.
Other sectors include home construction, hotels and leisure, transport and media.
13 criteria including financial stability, community and environmental responsibility are used to rank the companies.
Most admired construction company
Securing the highest marks in six out of 13 categories in heavy construction, Balfour Beatty was praised for its quality of management, inspirational leadership and its corporate governance as well as its commitment to diversity and inclusion and its global competitiveness.
The company was also commended for attracting, training and retaining market-leading experts to offer customers the best capabilities whilst providing the quality leadership required to drive projects across its geographical business.
Leo Quinn, Balfour Beatty group chief executive, said: “Securing the title of Britain’s Most Admired Company in our sector is a testament to all our employees and partners, whose expertise and energy are so vital to the delivery of critical national infrastructure.
“As we celebrate Balfour Beatty’s 110th birthday this year, our culture of innovation and continuous improvement and the Group’s unique capabilities are leading the transformation of our industry.”
Balfour Beatty’s most recent projects include the six-year, £217m contract by Lincolnshire County Council for the maintenance of highways assets and the £70m contract to deliver overhead line works in the west of Scotland. They have also used innovative methods such as utilising a waste plastic asphalt on a key London cycle lane in Stratford to save millions of plastic bags from ending up in landfill.
Berkeley Group, Barratt Developments and Taylor Wimpey were among the top 10 in the Home Construction category.