On September 10, 2009, Cummins Inc. was selected for the fifth consecutive year in the Dow Jones Global Sustainability Index. Among the world's largest 2,500 companies, it ranks among the top 10% of the key sustainability indicators. Can only be selected on this list.
Cummins is also among the top 14 best performers of sustainable development in industrial companies, and has been included in the North American Index for the third consecutive year. The latest index will take effect on the opening day of the New York stock market on September 21, 2009.
In the annual assessment, the Dow Jones Sustainability Index assesses companies through comprehensive economic, social, and environmental indicators. For industrial companies such as Cummins, environmental performance has greater weight. Specific scoring items include: corporate governance, risk management, customer relationship management, overall strategies for addressing global climate change, supply chain management standards, labor policies, corporate citizenship and philanthropy, employee development, product stewardship, innovation management, and environmental management systems , environmental policies and processes and their applications.
Tim Solso, Cummins Chairman and Chief Executive Officer, stated that “Cummins is committed to building a positive, sustainable company that values ​​all stakeholders, the communities in which we operate, and the overall environment. We work hard every day for continuous improvement. The re-enlistment of the prestigious Dow Jones Global Sustainability Index is another confirmation of our perseverance.â€
Last year, Cummins further strengthened its suppliers' code of conduct, achieved remarkable progress in reducing greenhouse gas emissions and fulfilling emission reduction commitments, formulated a series of guidelines and policies for climate change strategies, and further enriched corporate diversification strategies. At the same time, in-depth strengthening of corporate social responsibility.
Dow Jones commissioned the Sustainable Asset Management Survey Company (SAM) to help him analyze the participating companies and summarize the indices. The composition of the index selection criteria strictly follows the specified normative process, and the relevant analysis contents have also been rigorously checked by external auditors.
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