Cummins receives trio of sustainability honors so far in 2022
Cummins Inc. was named one of the World’s Most Ethical Companies for a 15th consecutive time and received a perfect score for an 18th consecutive year from a leading advocate for LGBTQ+ employees in separate honors over the first quarter of 2022.
The company was also named to a leading financial publication’s list of the 100 Most Sustainable U.S. Companies during the same time period as Cummins strived for environmental, social and governance excellence.
Ethisphere is a global leader in defining and advancing the standards of ethical business practices. In 2022, the organization included 122 honorees on its World's Most Ethical Companies list, spanning 22 countries and 45 industries. The list was released March 15.
“Today, business leaders face their greatest mandate yet to be ethical, accountable, and trusted to drive positive change,” said Ethisphere CEO Timothy Erblich. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to integrity, sustainability, governance, and community.”
The World’s Most Ethical Companies assessment process revolves around more than 200 questions on company culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives to support a strong value chain. The process serves as a framework to capture and codify the leading practices of organizations across industries and around the globe.
CORPORATE EQUALITY INDEX
In January, Cummins learned it again received a perfect score on the Human Rights Campaign’s 2022 Corporate Equality Index and a place on the group’s Best Places to Work for LGBTQ+ Equality list.
The Human Rights Campaign (HRC) has championed equality for the LGBTQ+ community for 40 years. Cummins has received a perfect score on the Corporate Equality Index, which rates American businesses on their treatment of LGBTQ+ employees, since 2005 – 18 consecutive years. The HRC’s first rating was done in 2002.
More than 1,200 companies participated in the 2022 Corporate Equality Index survey; 842 employers received a perfect score, qualifying them for inclusion on the group’s Best Places to Work for LGBTQ+ Equality designation.
MOST SUSTAINABLE U.S. COMPANIES
Other recognition during the quarter included the company’s No. 47 ranking on Barron’s 100 Most Sustainable U.S. Companies list for 2022. Cummins ranked No. 84 on the magazine’s 2021 list.
For Barron's fifth ranking, Calvert Research and Management, a pioneer in responsible investing for 40 years, looked at the 1,000 largest publicly traded companies and then narrowed its list to those scoring the highest on 230 environmental, social and governance performance indicators to determine the top 100. Intel, Clorox and Ecolab took the top three places in the ranking, which was released in February.