A total of 260 companies worldwide, put forward by a jury.

The finalists were the US oil company Continental Resources, the Chinese industrial machinery corporation Sany Heavy Industry, the multi-sector Tata Group from India, the Japanese entertainment holding Square, the German publishing company Axel Springer, and Mondragon Corporation.

Mondragon Corporation has been awarded this prize “for what it represents in terms of a real proposal for a new type of business model, “Humanity at work”, based on cooperation, working together, solidarity, and involving people in the work environment”. To get a better idea of the importance of these awards, it is worth highlighting that the three previous winners in this category were Fiat in 2009, Apple in 2010, and Amazon in 2011, and the finalists have included firms of the stature of Al Jazeera, Amazon, Google and Master Card.

This will be the fifth year that these annual awards have been held. Their aim is to internationally highlight and celebrate companies that are drivers of change and inspire innovation in their sectors. They are organised by the Financial Times and Arcelor Mittal and there are a number of other different categories: Corporate Responsibility, Entrepreneurship, Emerging Markets, Smaller Company and Person of the Year.

Source : http://www.mondragon-corporation.com/ENG/Press-room/articleType/ArticleView/articleId/1709.aspx