Cummins 2023-2024 Sustainability Progress Report: Sustainability at Cummins | CMI Stock News

07/16/2024 - 11:15 AM NORTHAMPTON, MA / ACCESSWIRE / July 16, 2024 / Cummins Inc.Sustainability is not new to Cummins. For several decades, both sustainability and efforts related to environmental, social and governance (ESG) issues have been critical elements of the company's long-term business and growth strategies.2023-2024 Cummins Sustainability Progress ReportLong before ESG entered the general lexicon, Cummins' values focused on producing engines that reduced environmental impact, supporting healthier communities and embracing diversity and inclusion.With these principles embedded across the company, the ESG strategy is Cummins' business strategy. With the support and oversight of the Board of Directors, the company continues tofocus on sustainability, including efforts related to ESG. The board has oversight of Cummins' top ESG risks and opportunities in the following committees, depending on the topic: Talent Management and Compensation Committee; Safety, Environmental and Technology Committee;Audit Committee; and the Governance and Nominating Committee. Leaders also review the ESG strategy and progress with the full board at least once per year. The company's Executive Director - Global Risk provides accountability over ESG strategic direction and serves as a primary point of contact for the board and the Cummins executive management team.Cummins reportsCelebrating 20 years of publication, the Cummins' Sustainability Progress Report is evolving. In the spirit of continuous improvement and ease of reading, readers will find a condensed overview with the option to access sections that provide greater detail in areas of interest.The company strives to be consistent with the reporting structures established by the Global Reporting Initiative (GRI) and other top sustainability platforms. Since 2019, in addition to this report, the company has posted reports to the following sustainability frameworks:The CDP's (formerly the Carbon Disclosure Project) Water and Climate platforms (2019, 2020, 2021, 2022).The Task Force on Climate-Related Financial Disclosures (2021, 2022).The Sustainability Accounting Standards Board (2019).The GRI Content Index and Data Book (2019).Since 2021, Cummins has issued the Human Capital Management Report exploring the company's workforce and Cummins' approach to leadership development, compensation and benefits, employee training, and diversity, equity and inclusion.All of the referenced reports, including the company's sustainability reports back to 2003, can be found in Cummins' Sustainability Document Archive.Read the full 2023-2024 Cummins Sustainability Progress ReportCourtesy Cummins Inc.View additional multimedia and more ESG storytelling from Cummins Inc. on 3blmedia.com.Contact Info:Spokesperson: Cummins Inc.Website: https://www.3blmedia.com/profiles/cummins-incEmail: info@3blmedia.comSOURCE: Cummins Inc.View the original press release on accesswire.com