The RepTrak study, which surveyed 50,000 people in the UK, also identified Airbus Group as the firm with the largest improvement in reputation between 2015 and 2016, while Volkswagen suffered by far the biggest decline following last year’s emissions scandal.
Companies were ranked out of 100, and 10 firms received an "excellent" rating of 80 per cent or more:
According to the report by the Reputation Institute, UK companies are "losing out on reputation in their home market", with just two of the top 10 firms being UK-based. Home-domiciled companies make up just 26 per cent of the top 50 and 41 per cent of the top 150.
Just four UK firms received an excellent score: Rolls-Royce Aerospace (82.6 per cent), Aston Martin (82.1 per cent), ASOS (80.4 per cent) and Jaguar Land Rover (80.4 per cent).
Of the 27 firms that scored "poor" (below 40 per cent), all but two were UK or Ireland-based. UK companies ranked "poor" included five utilities and financial services companies, three transport companies and two gambling and telecoms companies.
Companies in the survey were scored according to their reputation across seven areas: products and services, innovation, workplace, governance, citizenship, leadership and performance.
Kasper Ulf Nielsen, Reputation Institute executive partner and co-founder, said: "The UK general public has a lower perception of UK companies across all seven dimensions of reputation, compared with international companies operating in the UK. This shows a lack of both emotional and rational connection that is unique to the UK. Across the world, home countries tend to have a stronger reputation, and this lack of reputation capital puts UK plc at a disadvantage in its home market."
Meanwhile, here are the companies with the biggest increases in their reputation scores compared with last year:
- 58. Airbus Group (+12.6 points)
- 228. HSBC (+9.8 points)
- 9. Aldi (+9.7 points)
- 48. Burberry (+9.7 points)
- 140. Hershey Company (+8.9 points)
These companies had the sharpest falls in their reputation, according to the research:
- 267. Volkswagen (-27.4 points)
- 192. SABMiller (-7.9 points)
- 156. Nestle (-7.7 points)
- 163. Admiral (-7.3 points)
- 247. EDF Energy (-7.1 points)
The study was carried out in the first quarter of 2016.
This article was first published on www.prweek.com