Target and 3M among the '50 Most Admired Companies' in the world


Target and 3M are representing Minnesota on Fortune's annual list of the 50 Most Admired Companies in the world.

St. Paul-based conglomerate 3M has risen to 21st after finishing 23rd last year. But Target faces a battle to remain in the top 50, after the data breach controversy saw it plummet almost 20 spots, falling from 29th to 48th

Fortune's list was, again, dominated by U.S. companies, with Apple finishing top ahead of Google and Warren Buffet's Berkshire Hathaway.

The table is based on the opinions of thousands of executives, directors and analysts, who rank companies in nine categories such as social responsibility and innovation.

Fortune said 3M – the manufacturer of Scotch tape and Post-it notes – has been benefiting from low raw material costs and its investments in technology.

The company scored highly among executives for innovation, financial soundness and the quality of its products.

Data breach blow

Target on the other hand is paying a heavy price for its data breach controversy that saw the personal details of tens of millions of customers stolen by hackers.

It also notes the recent decision to shut down its Canadian operation – closing 133 stores in the process.

However, hope is on the horizon, with Fortune noting sales have risen for two quarters in a row and the recent collaboration with Lilly Pulitzer "suggest Target still has a knack for offering cheap chic."

Target scored well on social responsibility, people management and quality of services.

UnitedHealth Group and General Mills, also Minnesota-based companies, scored highly in their respective industries, but not high enough to make the top 50.

Next Up


Ten fatal overdoses in past 6 weeks reported in region of northern MN

Law enforcement agencies have issued a plea to the general public.

u.s. district court minnesota - federal court minneapolis

Bracing for security threats, federal courthouses closing in Minnesota

Security is also being ramped up at the state capitol.

N95 mask

3M sues Florida company that sold 10K counterfeit N95 masks to HCMC

The Maplewood company has obtained a temporary injunction against the firm.

vaccine, covid

Walz, Whitmer, and Evers call on Trump Admin. to buy more vaccines

It comes after The Washington Post reported that the country's COVID vaccine reserves have been exhausted.

Karl-Anthony Towns

Wolves-Grizzlies game off, KAT tests postive for COVID

The Timberwolves star was among several players that are dealing with COVID-related issues.

minnesota state fair

Planning for the 2021 Minnesota State Fair is underway

The fair suffered huge financial losses due to COVID-19, but organizers are moving forward with planning "different scenarios" for this summer.

Screen Shot 2021-01-15 at 2.16.44 PM

Heather Brown named as new WCCO 'This Morning' anchor

She will be joining Jason DeRusha on the CBS affiliate's Morning Show.

DPS John Harrington

DPS Commissioner: No credible threats to state Capitol, but ready if something arises

Local and state law enforcement officials have a plan in case a threat arises.

snow, slush (submitted photo, ok to use)

Here are snow totals from Thursday-Friday winter storm

It's a slushy mess in the metro, but snow did pile up in southern counties.

tim walz

Walz fury after report that government's COVID vaccine reserve is nonexistent

The Washington Post reported Friday that the Trump Administration has shipped out all the vaccines it has already, with none in reserve.


Four Minnesota companies among "Most Admired"

Fortune Magazine's top 50 list includes 3M, Target, St. Jude Medical and General Mills. Maplewood-based 3M was the highest ranking Minnesota company in the 18th spot for most-admired companies. Best Buy did not make the list this year after being named the 36th most-admired company last year.

Target, 3M among Minnesota companies on Fortune's 'most admired' list

Target was the top Minnesota company, ranking at 22nd.

3 Minnesota companies make Fortune's Top 50 'Most Admired' list

Seven more companies received honorable mentions as industry leaders.

2 Minnesota companies ranked in Fortune's 50 most admired

There's plenty to admire about 3M, which is back in the top 50 of Fortune's "most admired" list.

Five Twin Cities-based companies among "World's Most Ethical"

Ethisphere Institute selected 145 companies worldwide for the list. Best Buy, Ecolab, Mosaic, Target and Thrivent Financial for Lutherans were all on the list unveiled Thursday.