COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today announced that it has been named to the Dow Jones Sustainability World Index for the seventh consecutive year. The index recognizes the top 10 percent of the world’s largest public companies for their economic, social and environmental performance.
Altogether, 342 companies were named to the 2011 World Index across 57 industry sectors. Cummins was among just 10 U.S. companies in the broader listing of industrial goods and services to make the World Index and one of two U.S. companies named a sustainability leader in the industrial engineering sector. The Company was also named to the North America Index for the fifth consecutive year.
Dow Jones, working with SAM, an investment firm focused exclusively on sustainability-related investing, has developed a "best-in-class" approach to analyzing companies across a wide range of sustainability metrics.
Companies are assessed on their performance in areas such as corporate governance, risk management, climate change strategy, environmental management and eco-efficiency, labor practices, corporate citizenship and philanthropy, employee development and supply chain standards. In addition to a universal set of criteria, companies also were analyzed on issues specific to their industries.
“We worked to create a cleaner and healthier environment, build stronger communities and to create the right work environment where the diversity of our employees fuels the innovation our customers count on,” Chairman and Chief Executive Officer Tim Solso said of 2010-2011 in the Company’s most recent Sustainability Report.
For more information about the Dow Jones Sustainability Indexes, please visit www.sustainability-indexes.com. For more information about Cummins’ sustainability related work, visit the Sustainability section of our web site at www.cummins.com/sustainability.
About Cummins
Cummins Inc., a global power leader, is a
corporation of complementary business units that design, manufacture,
distribute and service engines and related technologies, including fuel
systems, controls, air handling, filtration, emission solutions and
electrical power generation systems. Headquartered in Columbus, Indiana
(USA), Cummins employs approximately 40,000 people worldwide and serves
customers in approximately 190 countries and territories through a
network of more than 600 company-owned and independent distributor
locations and approximately 6,000 dealer locations. Cummins earned $1.0
billion on sales of $13.2 billion in 2010. Press releases can be found
on the Web at cummins.com