Columbus, Ind.-based Cummins Inc. recently achieved a ranking in the top 20 percent of the 500 largest companies in United States in Newsweek’s inaugural “green” survey for its efforts to minimize its environmental footprint and to reduce greenhouse gas emissions.
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 companies. 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.
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.
More information about Cummins’ environmental policies and practices can be found in the Company’s current Sustainability Report, which can be read and downloaded online at www.Cummins.com.
Newsweek worked with research partners KLD Research & Analytics, which tracks environmental, social and governance data on companies worldwide and served as lead partner; Trucost, which specializes in quantitative environmental performance measurement; and CorporateRegister.com, the world’s largest online directory of social responsibility, sustainability and environmental reporting to compile the rankings.
Cummins Inc. 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.