Cummins Inc. (NYSE: CMI) announced the creation of a new Sustainability Web site today in addition to releasing its 7th annual Sustainability Report on the ways the Company is building stronger communities and reducing its environmental footprint.
The Web site includes all of the content in the published report and some additional material pertaining to the Company’s environmental initiatives. The site will also be home to the latest sustainability news at Cummins and in-depth information on the Company’s efforts.
“In the weeks to come we plan to add audio and video, photo galleries and more, as part of our effort to provide more real-time communication of our sustainability-related work,” said Mark Land, Executive Director of Corporate Communications at Cummins. “We think we have a good story to tell to the growing number of groups and individuals concerned with sustainability, and we are pleased to be able to enhance our reporting in this way.”
This year’s report is the most in-depth version the Company has produced. Some of the new features include:
Stories on the significant partnerships Cummins has developed around the world as part of its Corporate Responsibility program.
A new section called Employee Relations that looks at the Company’s safety efforts, diversity initiatives and programs to develop employees.
Features in every section exploring the challenges faced by Cummins in that particular area.
The report also covers the ways Cummins through its products, practices and partnerships is fulfilling the Company’s mission that “everything we do leads to a cleaner, healthier and safer environment.”
The Company successfully met 2010 EPA emission regulations for on-highway diesel engines in the United States and is working with the government to develop the first-ever fuel efficiency standards for medium- and heavy-duty commercial vehicles. Cummins has reduced its Greenhouse gas emissions by 19 percent since 2005 and has engaged employees to participate in energy conservation efforts.
The report also shares information related to Company’s corporate governance, risk management work and financial performance over the past year.
In addition to the full report and the new Web site, Cummins today also released a 16-page Executive Summary of the report. Copies of both the full report and the summary are available for downloading at the new Web site.
This year’s published report and the Executive Summary both feature covers printed on recycled paper made in part from banana stalks. The paper was produced at EARTH University in Costa Rica, one of the significant corporate responsibility partnerships undertaken by the Company. EARTH teaches students from all over the world sustainable agriculture with the hope they will share what they learned with others when they return home.
“We printed a very limited number of copies of both the report and the summary to limit the environmental impact,” Land said. “I’m pleased that for those copies we did publish, we can highlight some of the good work done at EARTH.”
To see the Web site, go to www.cummins.com and click on the button on the left-hand side of the home page. For updates on Cummins’ sustainability work and other topics, follow Cummins on Twitter at www.twitter.com/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 serves customers in approximately 190 countries and territories through a network of more than 500 company-owned and independent distributor locations and approximately 5,200 dealer locations. The Company reported net income attributable to Cummins Inc. of $428 million on sales of $10.8 billion in 2009. Press releases can be found on the Web at www.cummins.com. Follow Cummins on Twitter at http://twitter.com/cummins.
Forward-looking disclosure statement
Information provided in this release that is not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company’s expectations, hopes, beliefs and intentions on strategies regarding the future. It is important to note that the company’s actual future results could differ materially from those projected in such forward-looking statements because of a number of factors, including, but not limited to, general economic, business and financing conditions, labor relations, governmental action, competitor pricing activity, expense volatility and other risks detailed from time to time in Cummins Securities and Exchange Commission filings.
Blair Claflin, 317-610-2542