COLUMBUS, Ind. — Engine-maker Cummins has been recognized for its economic, environmental and social leadership by Dow Jones, which added the company to its Sustainability World Index for 2005.
This index represents the top 10 percent of the world’s largest 2,500 companies in these corporate sustainability metrics. The updated index based on Dow Jones’ annual review becomes effective with the opening of the equity markets on Sept. 19.
Cummins is one of the 44 global companies now included in the World Index’s industrial goods and services sector and only one of two U.S. companies added to that particular sector this year. In its annual review, the Dow Jones Sustainability Index (DJSI) analyzes companies in three categories — economic, environment and social — each counting for one-third of a company’s total score.
Issues considered include corporate governance, codes of conduct, environmental policy and procedures and the scope of their application, environmental management systems, corporate citizenship and philanthropy, labor practices and employee development.
“Cummins strives to be a good steward of all its resources — whether it is our environmental resources of facilities and products, the development of our human resources, or the use of financial resources to enhance the communities in which we work and live,” said Christine Vujovich, vice president of Environmental Policy and Corporate Marketing.
— from Truckinginfo.com
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