Cummins gets high marks in rankings on the environment, just practices and management

An employee at Cummins’ Rocky Mount Engine Plant in Rocky Mount, N.C., carefully monitors energy use. One key aspect of Newsweek’s Green Ranking is energy management.

Cummins received high marks in a trio of rankings released in December.

The company finished 25th in Newsweek’s 2017 Green Ranking of U.S. companies, 45th on the Forbes-JUST Capital list of the Just 100: America's Best Corporate Citizens, and 94th in the Wall Street Journal’s Management Top 250, all released separately.

The Newsweek ranking, released Dec. 7, assessed the environmental performance of the world's largest publicly traded companies. Cummins was named "Best in Industry" in the "Machinery" category for U.S. companies.

The 2017 Green Ranking is built around six principles: Transparency, Objectivity, Public Availability of Data, Compatibility, Engagement and Stakeholder Input. The U.S. rankings assess the sustainability performance of the 500 largest publicly-traded companies headquartered in the U.S. by revenue as of Dec. 31, 2016.

"At Cummins, our mission calls for powering a more prosperous world," said Brian Mormino, Executive Director of Worldwide Environmental Strategy and Compliance. "That requires a vibrant, healthy planet. Innovation for us means that we are environmentally responsible while dependably meeting the needs of our customers."

The rankings looked at energy use, greenhouse gas emissions, water use, waste production and recycling, and other factors. Newsweek, a news magazine, produces the Green Ranking in partnership with Corporate Knights, a multi-faceted business known for its environmental and sustainability rankings, its research and its magazine, which it describes as the "magazine for clean capitalism."

The top U.S. company in the ranking was Cisco Systems Inc. followed by Ecolab Inc. and Hasbro Inc.

The Just 100 list released Dec. 12, ranks the largest publicly-traded U.S. corporations in a number of areas deemed through polling as the most important to Americans.

Key issues in 2017 included employee wellbeing, customer treatment, environmental impact, job generation, transparency and more. This is the second year Forbes and JUST Capital have partnered to produce the list.

The top companies in the Just 100 are Intel, Texas Instruments and NVIDIA.

The Wall Street Journal’s inaugural Management Top 250, released Dec. 6, is a comprehensive guide examining how U.S. companies navigate complex business environments, "serving their workers, customers and shareholders."

It is based on rankings by the Drucker Institute, which looks at corporate performance in five areas: Customer Satisfaction, Employee Engagement and Development, Innovation, Social Responsibility, and Financial Strength.

The Drucker Institute analyzed "37 data inputs, provided by 12 third-party sources, to produce its landmark ranking." Peter Drucker is an author, professor and longtime Wall Street Journal columnist.

Cummins received four out of five stars in Employee Engagement and Development, and Social Responsibility. The top ranking company in the survey was Amazon.com Inc., followed by Apple Inc. and Alphabet Inc.

In still another rating released earlier this fall, Cummins received a perfect score of 100 percent on the 2018 Corporate Equality Index (CEI) for the thirteenth straight year. The CEI, conducted in 2017, is a national benchmarking survey and report on corporate policies and practices related to lesbian, gay, bisexual, transgender and queer (LGBTQ) workplace equality, administered by the Human Rights Campaign Foundation.

Cummins joined the ranks of 609 major U.S. businesses which also earned top marks this year.

 

 

 

Cummins India Limited Results for the quarter ended June 30, 2022

""

Pune, India: Cummins India Limited (NSE: CUMMINSIND) The Board of Directors of Cummins India Limited (CIL), at their meeting held today, reviewed and approved the financial results for the quarter ended June 30, 2022. 


Performance Highlights (based on standalone financial results) for the quarter ended June 30, 2022:
 

•    Total Sales for the quarter at ₹ 1,657 Cr. increased by 42% compared to the same quarter last year and by 13% compared to the previous quarter.
•    Domestic sales at ₹ 1,172 Cr. increased by 36% compared to the same quarter last year and by 12% compared to the previous quarter.
•    Exports Sales at ₹ 485 Cr. increased by 58% compared to the same quarter last year and by 14% compared to the previous quarter.
•    Profit before exceptional items and tax at ₹278 Cr. is higher by 63% compared to the same quarter last year and higher by 14% compared to the previous quarter.
•    Profit before tax at ₹264 Cr. is lower by 13% compared to the same quarter last year and higher by 8% compared to the previous quarter.
 

Ashwath Ram, Managing Director, Cummins India Limited, said: 
 

The new fiscal year started positively with strong demand from most end markets. GST monthly collections, higher highway construction annual targets, and increased consumption of petroleum products reaffirms the strength of underlying trade activities. Geopolitical risk, high inflation, and supply chain disruptions continue to pose challenges. Cummins India can effectively meet demand despite these issues due to its integrated supply chain management with a global network. While we effectively deal with challenges and closely monitor any potential impact of rising interest rates on the demand, we remain optimistic about the short to medium-term demand outlook. 

Future Outlook:
 

The company believes that the strong demand from various end markets may likely sustain. At the same time, high inflation and supply chain issues will, in all probability, continue to impact the industry. The company, being part of the globally integrated supply chain, is well positioned to manage parts supplies to mitigate the impact on revenue and profitability. We are closely monitoring the result of the geopolitical events unfolding in different parts of the world and their impact on global demand and supply chain. Considering the uncertainty, the company will not provide any guidance for FY 23.
 


About Cummins India Limited 


Cummins India Limited, part of the Cummins Group in India, is headquartered in Pune since 1962 and is the country's leading manufacturer of diesel and natural gas engines for power generation, industrial and automotive markets. Cummins India Limited has a country-wide network of 20 dealerships with over 450 service points that provides products, services, and after-market solutions for uptime of Cummins equipment and engines to customers in India, Nepal, and Bhutan. 
 

About Cummins Group in India:
 

Cummins in India, a power leader, is a group of complementary business units that design, manufacture, distribute, and service engines and related technologies, including fuel systems, air handling, filtration, emission solutions, and electrical power generation systems. Its technology and pioneering initiatives are bringing innovative solutions and dependable services at the best possible value to users across the country. Its high-performance outlook is based on customer focus, integrity, and capability of its people. Part of the $19.8 billion Cummins Inc. USA. Cummins in India is a Group of seven legal entities across 200 locations in the country with a combined turnover of ₹17,900 crores in 2021 and employing over 10,000 individuals. Obtenga más información en cummins.com.

Cummins salutes its star dealers in U.K. and Ireland for their exceptional performance

""

Cummins, a global power leader, has bestowed prestigious awards to three of its dealers in the UK and Ireland.

The trio – Vasi Southern Ltd, Universal Components UK Ltd and CSL Power Systems Ltd – were recognised for their outstanding focus on customer satisfaction and for delivering exceptional performance and results.

Relating to the 2021 calendar year, the awards cover a period when the UK and Irish economies were still coming to terms with the disruption caused by the Covid pandemic.

Customers of Cummins, spread across a variety of business sectors, looked to their local dealer to provide the continuity of service that was essential if they were to trade through the toughest of times.

All three Cummins award winners demonstrably went above and beyond what their customers were expecting.

Vasi Southern Ltd is an approved parts and service dealer based in the port city of Southampton. It specialises in marine engines and Onan generator sets. The company won the same award in 2020 and its back-to-back success was down to a commitment to increasing revenue and achieving all of its key performance targets.

Simon Green – Vasi Southern Ltd
Simon Green – Vasi Southern Ltd

Universal Components UK Ltd is an approved parts dealer based in Barnsley, South Yorkshire. In 2021, it achieved the highest sales growth by any dealer within the Cummins UK and Ireland network. Its strategic stockholding meant the business could ride out supply challenges while continuing to target new markets and geographical locations.

Rick Lewis & Stuart Ponsonby – Universal Components
Rick Lewis & Stuart Ponsonby – Universal Components

CSL Power Systems Ltd, based in Kent with additional resource availability nationwide is an approved Power Generation sales and service dealer. The company is a specialist in the installation and maintenance of industrial generator sets, including units for banks and commercial buildings.

Kurt Gozzett & Todd Trent – CSL Power Systems
Kurt Gozzett & Todd Trent – CSL Power Systems

As well as achieving all its key performance targets, CSL Power Systems Ltd demonstrated a clear desire to grow its operations, proactively promoting the Cummins product.

Graham Cook, Cummins' Dealer Manager for UK and Ireland, praised the award-winning dealers for their commitment, commenting: "Our authorised dealers throughout the UK and Ireland form an integral part of our sales network. Vasi Southern, Universal Components and CSL Power Systems demonstrated their commitment and capabilities through 2021, further strengthening the channel, maximising profitable aftermarket growth, and delivering excellent customer support.

To locate your nearest authorised Cummins dealer visit our sales and service locator

Redirigir a
cummins.com

La información que busca está en
cummins.com

Estamos lanzando ese sitio para usted ahora.

Gracias.