Cummins Earns Top Marks in 2009 Corporate Equality Index
COLUMBUS, Ind.--(BUSINESS WIRE)--
Cummins Inc. (NYSE:CMI) has earned a 100 percent rating for the fourth consecutive year from the largest U.S. advocacy group for gay, lesbian, bisexual and transgender employees.
The Human Rights Campaign rated 583 businesses as part of its 2009 Corporate Equality Index, rating companies on their LGBT-related policies and practices including non-discrimination policies, transgender health benefits and domestic partner benefits.
Cummins was one of 259 businesses receiving a perfect score, up from 195 in 2008. The HRC says the 259 top-rated companies collectively employ more than 9 million full-time employees. The increase represents the growing number of U.S. corporations that recognize diversity is good for their bottom lines, according to the HRC.
"This is great news for our Company," said Lisa Gutierrez, Executive Director of Global Diversity at Cummins. "It's all about our core values and creating the right environment for success for all employees."
Cummins recognized the importance of diversity early on, dating back to legendary CEO J. Irwin Miller who helped sponsor Dr. Martin Luther King, Jr.'s 1963 March on Washington while Miller led the National Council of Churches from 1960 to 1963. The Company continues to expand this legacy in diversity strategies today. Cummins believes a diverse workforce is more likely to arrive at innovative solutions that deliver on our commitments to customers in more than 190 countries.
For more information on the 2009 Corporate Quality Index, or to download a free copy of the report, go to www.hrc.org/cei. To learn more about Cummins and its commitment to diversity, go to www.Cummins.com - global citizenship - diversity.
About Cummins
Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins serves customers in approximately 190 countries and territories through a network of more than 500 company-owned and independent distributor locations and approximately 5,200 dealer locations. Cummins reported net income of $739 million on sales of $13.05 billion in 2007. Press releases can be found on the Web at www.cummins.com.
Forward-looking disclosure statement
Information provided in this release that is not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, beliefs and intentions on strategies regarding the future. It is important to note that the company's actual future results could differ materially from those projected in such forward-looking statements because of a number of factors, including, but not limited to, general economic, business and financing conditions, labor relations, governmental action, competitor pricing activity, expense volatility and other risks detailed from time to time in Cummins Securities and Exchange Commission filings.
Source: Cummins Inc.
Released September 2, 2008