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4-Traders Homepage  >  Equities  >  Nyse  >  Cummins Inc.    CMI

Delayed Quote. Delayed  - 05/25 10:02:01 pm
113.17 USD   +3.15%
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Cummins : Releases New Sustainability Progress Report

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05/23/2016 | 10:08pm CEST

Cummins Inc. (NYSE:CMI) today released its 2015-2016 Sustainability Progress Report, detailing the company’s performance in areas ranging from its environmental practices to its Corporate Responsibility initiatives.

Cummins, for example, exceeded its 2020 goal for reducing water use intensity five years early and met the company’s 2015 goal for energy / greenhouse gas (GHG) reduction, according to the report. Cummins also made significant progress on its goal of working with customers to reduce the carbon dioxide (CO2) emitted by company products in use, nearly reaching the half-way point to its 2020 goal.

In Corporate Responsibility, the company reported that 80 percent of its employees and contractors participated in some kind of community engagement activity in 2015. Cummins’ Environmental Challenge competition removed a record 36,810 metric tons of GHGs.

“If we do our job right, our company can help build stronger communities, extend economic opportunity to more people and help address the environmental challenges facing the world today,” said Chairman and CEO Tom Linebarger in his introductory letter to the report.

While the report includes statistics on everything from the makeup of company’s waste stream to how much Cummins spends with diverse suppliers, it also contains numerous examples of company employees living Cummins’ values.

Teams in India and the U.K. are profiled for their work with customers to reduce CO2 from company products in use. Cummins teams in Brazil, India and Minnesota (U.S.A.) are featured for their winning projects in the company’s Environmental Challenge. A Cummins employee is highlighted for helping turn a former Superfund waste site into an outdoor classroom where students today learn about science, technology, engineering and math.

There are two ways to access the report:

About Cummins

Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins currently employs approximately 55,000 people worldwide and serves customers in approximately 190 countries and territories through a network of approximately 600 company-owned and independent distributor locations and approximately 7,200 dealer locations. Cummins earned $1.4 billion on sales of $19.1 billion in 2015. Press releases can be found on the Web at www.cummins.com. Follow Cummins on Twitter at www.twitter.com/cummins and on YouTube at www.youtube.com/cumminsinc.

© Business Wire 2016
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