Cummins has posted its 20th annual Sustainability Progress Report, disclosing reductions in greenhouse gases (GHGs) and water consumption while establishing the foundation for progress on other 2030 environmental goals.
The global power technology company also reported steady progress on the company’s diversity, equity and inclusion efforts, including a program addressing systemic discrimination against the Black community in the United States. The report also details the promising start to an initiative addressing the global water crisis, and the continued rebound in employee volunteerism since the outset of the global covid-19 pandemic.
Cummins made these advances, and more, while also achieving record revenues of $28.1 billion in 2022 and completing the acquisition of Meritor, the largest acquisition in company history, in August of that year. In addition, the company concluded the transition from former Chairman and CEO Tom Linebarger to Cummins’ first female chief executive, Chair and CEO Jennifer Rumsey, earlier this year.
“I believe there is no company better positioned than Cummins to make a lasting positive impact on our world,” Rumsey says in concluding her essay that opens the 2022-2023 report.
The report is available here.