ICL was selected as one of the 100 most innovative companies in the world, according to an index recently published by Forbes Magazine. ICL is the only Israeli company mentioned in this ranking.
Six U.S. companies are placed in the top ten, as well as one representative from each of the following countries: India, China, Japan and the UK. Forbes has ranked ICL #60 among the world’s most innovative companies, two places below PepsiCo and before Unilever, Carlsberg and SAP.
According to the rating, ICL showed sales growth of 13.7% over the past year and a 15.9% on its return of investment over the last five years. ICL posted a 25.9% innovation premium, an indication of the premium the stock market gives a company because investors expect it to launch new offerings and enter new markets.
This distinction emphasizes innovation as a key component of ICL's culture and its business strategy.