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How ‘Fast Company’ picked the World’s Most Innovative Companies of 2020

Our annual ranking of the businesses making the most profound impact on both industry and culture showcases a variety of ways to thrive in today’s volatile world.

How ‘Fast Company’ picked the World’s Most Innovative Companies of 2020
[Illustration: Peter Komierowski]
THE WORLD’S 50 MOST INNOVATIVE COMPANIES

This year, Fast Company’s editors and writers sought out groundbreaking businesses across 44 sectors, including every region of the world. We also judged nominations received through our application process. We assess each company on a combination of innovation and impact, with a focus on what it’s accomplished in the past year. The 434 organizations we honor here lead their fields and are transforming the world.

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Our annual ranking of the businesses making the most profound impact on both industry and culture showcases a variety of ways to thrive in today’s volatile world. Snap‘s work building out an augmented-reality platform to the delight of its universe of users, content creators, and advertisers means that we’re all able to experience the future of computing being built before our eyes today. Shopify is one of several companies on this year’s list powering a larger ecosystem of creators to help them make money online. Sustainability is another significant trend in which we’re seeing meaningful innovation: The troika of CaaStle, ThredUp, and Trove are helping to build out a circular economy in the fashion business, and Footprint is the quiet giant in the sustainable packaging space, reinventing everything from the microwaveable meal bowl to the fast-food restaurant coffee cup and helping consumer packaged goods transition from single-use plastic to a biodegradable alternative.

Learn how these and 44 other companies are creating the future today, plus see our top-10 lists of the Most Innovative Companies by category, from advertising to wellness.

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Contributors: Contributors: Marcus Baram, Jeff Beer, Laura Bell, Joe Berkowitz, Jill Bernstein, Adam Bluestein, Shealon Calkins, Kelsey Campbell-Dollaghan, Morgan Clendaniel, Amy Farley, Yasmin Gagne, Amanda Grooms, Michael Grothaus, Ainsley Harris, Burt Helm, Julia Herbst, KC Ifeanyi, Tom Jackson, Elizabeth Johnson, Charissa Jones, Stirling Kelso, Suzanne LaBarre, David Lidsky, Harry McCracken, Siobhán McGowan, Stephanie Mehta, Steven Melendez, Ben Paynter, Adele Peters, Clint Rainey, Rina Raphael, Ruth Reader, Katharine Schwab, Melissa Schwartz, Elizabeth Segran, Lara Sorokanich, Mark Sullivan, Mark Wilson, Jay Woodruff, Christopher Zara

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