The company was also named to the Dow Jones Sustainability Index for North America for a 16th consecutive year. The new ratings go into effect Nov. 22 and are based on 2020 data. "We congratulate Cummins for being included in the Dow Jones Sustainability Index (DJSI) for the World and North America,” said Manjit Jus, Global Head of ESG Research for S&P Global. “A DJSI distinction is a refle
The report includes a number of company firsts and records in 2020, including a record number of global patents, a record recycling rate, a record low health and safety Incidence Rate, the first virtual Hydrogen Day and the company’s key role in the first hydrogen-powered passenger train. While COVID-19 left an indelible mark on the company, it did not define Cummins in 2020. The pandemic trigg
Launched in 1999, the indices are one of the oldest measures of corporate sustainability. In 2020, only 142 companies made the North American index over nearly two-dozen categories, ranging from automobiles to utilities. Cummins is one of only 10 included from the capital goods sector. The indices are based on an exhaustive survey covering company performance and strategy in 2019 on environment
The Newsweek list, released earlier this week, is one of five recent evaluations by outside groups praising the company, its approach to sustainability or its leadership and management. “Companies, we all know, need to make a profit to prosper and survive,” said Nancy Cooper, Global Editor in Chief at Newsweek. “Making a buck, after all, is important to investors, employees and vendor
If approved by the shareholders, the amendments to the Restated Articles of Incorporation will become effective promptly after the 2018 Annual Meeting of Shareholders, along with a conforming By-law amendment. The proposed amendments to the Restated Articles of Incorporation would provide Cummins’ shareholders with the power to amend the By-laws upon the affirmative vote of at least a majority