The Coca-Cola Company continues to rise on Fortune's annual ranking of the World's 50 Most Admired Companies, advancing two spots to No. 4 on the overall 2012 list, and tops the magazine's beverage industry ranking for the third straight year.

Coca-Cola has gradually moved up in what is widely considered to be the definitive report card on corporate reputations, climbing 20 slots in the last five years.

The Selection Process
For the 50 Most Admired Companies overall, Fortune's survey asked businesspeople to vote for the companies they admired most, from any industry. Companies were rated in several key areas, including innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products/services and global competitiveness.

Apple retained its top spot in the 2012 ranking, followed by Google and See the full list online.

Other Recent Awards

The Coca-Cola Company has received much recognition in the recent past. Accolades include: