Cummins employees search for energy savings as part of the Company’s Energy Champions program. The program trains employees to spot opportunities to save energy and reduce greenhouse gas emissions.
Cummins this month received its best score ever from the CDP, formerly known as the Carbon Disclosure Project, for the Company’s efforts to reduce greenhouse gas (GHG) emissions.
The CDP rating was one of three honors Cummins received in September for its environmental sustainability efforts. The Company again made the Dow Jones World and North American lists of the most sustainable companies. And the Department of Energy honored Cummins for exceeding its target of reducing energy intensity — energy use adjusted for sales — at 73 U.S. facilities by 25 percent.
“Cummins is a leader when it comes to the technologies that reduce engine emissions and provide better fuel economy, meeting our Company mission of demanding that everything we do leads to a cleaner, healthier and safer environment,” said Tom Linebarger, Cummins Chairman and CEO.
“At Cummins, we believe that sustainability starts with a strong financial performance, which enables our Company to make the necessary investments to develop the best technology and help our customers succeed,” Linebarger said.
More than 10 years ago, CDP pioneered the only global disclosure system for companies to report their environmental impacts and strategies to investors. This year, Cummins received its best score since it began reporting in 2004 on its GHG emissions and the Company’s reduction and response strategies.
Cummins scored 91out of 100 on the CDP’s scale. The Company’s previous high score was 87 last year. The international, not-for-profit organization’s rating was based on 2012 data.
The Company also made two of the Dow Jones Sustainability Indices (DJSI) – the World (ninth consecutive year) and the North American (seventh consecutive year). Launched in 1999, the DJSI were the first global indices to track the financial performance of the leading sustainability-driven companies worldwide.
The annual assessment provides an in-depth analysis of financially material economic, environmental and social practices. These practices include innovation, supply chain management, climate strategy and stakeholder engagement, with a special focus on industry-specific risks and opportunities.
DJSI said 333 companies made the world list in 2013, which included 39 additions and 47 deletions from the previous year. More than 3,000 companies were invited to report on their sustainability efforts. The Dow Jones ratings were also based on 2012 data.
Finally, Cummins was recognized Wednesday (Sept. 25, 2013) for exceeding its goal of a 25 percent reduction in energy intensity by 2016 at 73 U.S. facilities including 19 manufacturing plants. The goal, which uses 2005 as a baseline, was set as part of the U.S. Department of Energy’s Better Buildings Challenge. So far, the Company has reduced energy intensity by nearly 40 percent.
As part of its participation in the program, the Company also identified its Jamestown (N.Y.) Engine Plant as a “showcase” site. The plant is undergoing a four-year, $23.8 million project to improve energy efficiency that includes replacing the 45-year-old plant’s roof and upgrading its heating, cooling and compressed air systems.
More is available about the CDP’s findings by going to www.cdproject.net. The Dow Jones Sustainability Indices can be found at www.sustainability-indices.com. To learn more about the DOE’s Better Buildings Challenge, go to www4.energy.gov/challenge.
To see Cummins’ submission to the CDP, click here.
Cummins is committed to helping its customers meet the demands of a more sustainable world through innovative solutions to their power needs.
“Sustainability is very important to Cummins and each year we strive to do even better,” said Brian Mormino, Executive Director, Environmental Strategy and Compliance. “We believe that creating value for all of our stakeholders – from investors to our communities – is integral to the success of our business.”
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