Arlo has been recognised in the inaugural 2024 Newsweek Excellence 1000 Index, a list of the top 1,000 companies that have demonstrated best practices in financial responsibility, stakeholder ratings, and social responsibility ratings.
Ranked number 14 on the list, Arlo is the only smart home security brand to be named in the top 100.
The 2024 Newsweek 1000 Excellence Index is the result of a collaboration with leadership development and benchmark research company, Best Practice Institute (BPI). The results were determined after the BPI analysed over half a million data points and created a proprietary scoring system to measure financial practices, customer reviews, environmental, social, and governance commitments, and more to build the first 1000 Excellence Index.
Companies were evaluated based on several criteria including employee rating, customer rating, ESG risk rating, ESG/ethical impact, adherence to ISO standards, R&D spending, Global Compact Status, financial performance, BBB rating and accreditation, and number of customer complaints, among others. Each of the criteria considered is equally ranked in importance.
“Arlo is on a mission to build trusted, lifelong customer relationships by creating innovative, smart security solutions that deliver an exceptional user experience and bring peace of mind to everyone,” Arlo CEO, Matt McRae said.
“Ranking number 14 on the prestigious Newsweek Excellence Index is a great honour, and a testament to Arlo’s dedication and commitment to prioritizing our employees and customers and protecting what people care about most.”