Cummins was last listed in the S&P Dow Jones Sustainability World Index in 2013. The company has also been included in the S&P Dow Jones Sustainability Index for North America for the 16th consecutive year.
“It is very gratifying to have our environmental, social, and governance efforts recognized, and to know that investors believe these are important elements of the Cummins story,” said Karen Cecil, the company’s director of global environmental sustainability. “These efforts are part of Cummins’ core values and mission to power a more prosperous world.
“I’m especially proud of the 60,000 employees who work every day to imagine what’s possible and identify sustainable solutions to go further, faster,” Cecil added.
Read more on the subject and find other interesting business news with the Born2invest mobile app.
The Global Sustainability Index was first launched in 1999
S&P Global, the world’s largest provider of market indexes, says a record 1,728 companies eligible for selection into one of the S&P Dow Jones Sustainability Indexes participated in the 2022 review, a 9% increase over 2021. The initiative reviewed an estimated 13.4 million data points to arrive at its 2022 indexes.
“Last year, more companies than ever before participated in S&P’s global Corporate Sustainability Assessment (CSA),” said President and CEO Douglas Peterson in a report accompanying the release of the indexes. “The CSA forms the backbone of the research on which this report is based. We thank the companies that have participated in this process, demonstrating their continued commitment to transparency regarding ESG performance. “
Unlike ESG DataSets, which are based solely on publicly available information, the S&P Dow Jones says its review is based on a combination of company disclosures through a comprehensive survey, as well as media coverage of the companies reviewed and stakeholder analysis.
The Global Sustainability Index was first launched in 1999, making it one of the oldest sustainability/ESG (environmental, social and governance) rankings.
Cummins was last listed on the S&P Dow Jones Sustainability World Index in 2013, before returning to the list in 2021 and now in 2022. The company said it is committed to playing a leading role in the global effort to reduce carbon emissions while implementing programs to promote gender equality around the world and addressing institutional racism in the United States.
The ranking evaluates the largest publicly traded U.S. companies in five key areas-customer satisfaction, employee engagement and development, innovation, social responsibility, and financial strength-to arrive at an effectiveness score.
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in CLA, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
Colombian Cannabis Exports Soared 96% Last Year
During 2022, Colombia exported a huge quantity of cannabis, worth $8.4 million. More than 90% of Colombian cannabis exports originated...
Spain’s GDP Dodges Recession with a Growth of 5.5% in 2022
Although the advance in Spain's GDP compared to the immediately preceding quarter has been better than expected, the economic standstill...
New Equity Crowdfunding Platform Restartup Was Launched
Restartup is running its first equity crowdfunding campaign. Index Review, founded in 1984 by Cesare Cases and Gian Giacomo Migone,...
Charging Stations for Electric Vehicles in Morocco
An agreement has already been concluded between Vital Energy and the Centrale Automobile Chérifienne (importer of Audi), to offer a...
The TopRanked.io Weekly Digest: What’s Hot in Affiliate Marketing [Week 4]
In this week's affiliate marketing digest, we're going to check out the next best thing to printing money (and it's...
Business1 week ago
The TopRanked.io Weekly Digest: What’s Hot in Affiliate Marketing [Week 3]
Cannabis2 weeks ago
Hawaii Plans to Legalize Cannabis in 2023
Business2 weeks ago
The TopRanked.io Weekly Digest: What’s Hot in Affiliate Marketing [Week 2]
Featured2 weeks ago
Spain’s Alantra and Solarig Launch N-Sun Energy