Cummins Inc. has been recognized for “creating foundations for stable growth (and) combining business sense with the imperative to address the planet’s well-being.”
That’s according to the Frost & Sullivan Institute, which has presented Cummins with its Enlightened Leadership Award Best Practices Recognition. The award honors companies adopting business practices to “innovate to zero,” addressing global priorities like climate change while securing sustainable growth.
The institute has honored more than 30 companies and counting with the recognition in 2021, including DuPont, FedEx, the Ford Motor Co. and IBM.
For more than six decades, Frost & Sullivan has been helping investors, corporate leaders and government officials navigate economic change, disruptive technologies and more to achieve success. The Frost & Sullivan Institute is the non-profit extension of the company.
For the Enlightened Growth Leadership Award, Frost & Sullivan analysts independently evaluate companies in terms of one or more global priorities that form the institute’s seven pillars: the environment, education, infrastructure, healthcare, security, human rights and economics.
The analysts cited a range of Cummins’ initiatives, including the company’s effort to develop low-carbon battery and fuel cell electric power platforms, while improving Cummins’ traditional power technologies; the company’s use of wind and solar power, and Cummins’ community engagement initiatives such as Cummins Advocating for Racial Equity.
“Climate change and environmental degradation are among the greatest challenges faced by governments and companies,” the institute said in announcing the award. “Cummins Inc. is a leader in empowering an emission-free future through its renewable energy efforts. Additionally, its outstanding reputation has also allowed the company to secure strategic partnerships with leading companies to deliver innovative solutions set to transform the market.”