Business Ethics Magazine Names Cummins, Led by Tim Solso '69, America's 'Best Corporate Citizen'
April 7, 2005
April 7, 2005, Greencastle, Ind. - Business Ethics magazine has rated Cummins, Inc. -- led by chairman and CEO Tim Solso, a 1969 graduate of DePauw University -- America's "top corporate citizen today for its efforts at decreasing engine emissions," reports the Indianapolis Star. "The Business Ethics Magazine's "100 Best Corporate Citizens List" is designed to recognize Russell 1000 firms that perform to a higher standard, serving a variety of stakeholders with excellence and integrity," the newspaper adds.
The article quotes Solso, a member of DePauw's Board of Trustees, as saying, "We've reduced diesel engine emissions by 90 percent -- and within 10 years, we believe we'll be at zero or close to zero emissions." The text notes, "Cummins, headquartered in Columbus, Ind., has spent more than half its in-house research and development dollars on emission-reduction technologies, according to Business Ethics ... Cummins has been on the '100 Best Corporate Citizens' list all six years, debuting at the No. 62 slot in 2000, the magazine said. Cummins' 24,000 employees enjoy perks like employee ownership and profit-sharing."
A recently-announced gift by Tim and Denise Manning Solso ('69) will create an approximately 3800-square foot laboratory building, Manning Environmental Field Station, within the 480-acre DePauw University Nature Park. Read more in this previous story.Back