The Panama Canal among Leaders in Corporate Reputation for 2022

For a fifth consecutive year, the Panama Canal remained one of the three main companies with the best corporate reputation in the country, according to the Corporate Reputation Business Monitor (MERCO) ranking.

According to the MERCO index for 2022, Banco General is at the forefront; followed by the Panama Canal, and Copa Airlines in third place.

Within the criteria considered for the evaluation of the 100 participating companies, stand-out ethics and corporate responsibility, financial economic results, quality of the commercial offer, and the talent of the organization.

The Merco Panama 2022 report was evaluated by 216 company executives, 30 financial analysts, 30 economic information journalists, 31 communication directors (Dircoms) and opinion leaders, 30 heads of NGOs, 25 unions, 26 consumer associations, 26 business administration professors, and 801 consumers (Merco Society).

The results of Merco Leaders 2022 place the Panama Canal Administrator, Dr. Ricaurte Vásquez Morales, and the Deputy Administrator, Ilya Espino de Marotta, in third and sixth positions, respectively. In this category, the strategic vision and fulfillment of objectives of the candidates were considered, as well as the talent and drive for ethical behavior, among other aspects. On the other hand, the Panama Canal was ranked in the tenth position as the company with the best reputation in the digital field.

According to the report, the preparation of MERCO was carried out by Análisis e Investigación, the first Spanish market research institute, and the methodology for the preparation of these rankings was subject to independent review by KPMG, in accordance with the ISAE3000 standard.

The results of the study demonstrate the efforts of the Panama Canal to strengthen its presence, image, and connection with its different audiences, at the same time that it reveals the commitment and professionalism of its human capital in the search for labor excellence and the socio-economic development of Panama.

This is the fifth consecutive year that MERCO presents this reference monitor for Latin America, out of the 100 companies and the 100 leaders with the best reputation in the country.