Columbus, IN - Cummins Inc.'s efforts to minimize its environmental footprint, along with its efforts to reduce greenhouse gas emissions, helped the Company achieve a ranking in the top 20 percent of the 500 largest companies in United States in Newsweek's inaugural "green" survey released recently.
The magazine used publicly available data analyzed by two leading research firms and collected reputational information on all 500 companies in arriving at its ranking. Cummins placed seventh among 47 industrial goods company. Technology companies dominated the top of the survey list, with Hewlett-Packard ranked No. 1 and Dell, Intel and IBM all placing in the top five.
The Newsweek ranking is the second sustainability-related recognition Cummins has received in recent weeks. In early September, Cummins was named to the Dow Jones Sustainability Index for the fifth consecutive year. The index represents the top 10 percent of the world's largest companies rated by Dow Jones across a range of economic, environmental and social responsibility measures. Newsweek credited Cummins for its ambitious goal of reducing greenhouse gas emissions from its facilities worldwide by 25 percent as a percentage of sales from 2005-2010, as part of its voluntary commitment to the EPA Climate Leaders program.
In addition, Cummins has become active in the climate change dialogue on a national level. The Company formed a Climate Change Working group in 2007 and early this year released its first set of Climate Change Principles, which will guide Cummins' actions and environmental policy efforts.
Environmental stewardship is a critical component of Cummins' mission, and the company continues to carry out that mission, both by being a leader in clean diesel engine technology and continuously seeking ways to reduce the environmental impact of its facilities around the world. Some examples of how Cummins is carrying out its environmental mission include:
Editor's note: More information about Cummins' environmental policies and practices can be found in the Company’s current Sustainability Report, which can be read and downloaded on-line at www.cummins.com. Hard copies are also available by contacting Cummins' Corporate Communications department at the email address at the top of this release.