Fortune honours Coats Group

KARACHI: Coats Group PLC, the world’s leading industrial thread company, announced on Friday that it has been named one of the World’s Best Workplaces 2023 by Fortune and Great Place to Work®. The award recognises the top 25 companies that are dedicated to creating exceptional workplace cultures across multiple countries.

Coats Group PLC was selected from a pool of more than 10,000 organisations that participated in the survey, representing 15 million employee opinions worldwide. The survey also considered the breadth and impact of company workplace programmes, such as recognition, diversity, inclusion, and safety.

Rajiv Sharma, Chief Executive Officer at Coats Group PLC, said in a statement: “We are humbled and proud to be recognised as one of the top workplaces worldwide. This achievement is a testament to our company’s culture, employees and leaders.”

He added that the company’s culture is based on three pillars: doing the right thing, customer centricity, and family environment. “These pillars promote ethics, integrity, sustainability, innovation, collaboration, and long-term relationships with our stakeholders,” he said.