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Cummins Inc. 2007 Sustainability Report

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since early this decade, with an emphasis on making<br />

the Code easier to find, read and understand.<br />

The updated Code, which was approved by<br />

senior leadership and the <strong>Cummins</strong> Board of<br />

Directors, is built around 10 “Statements of Ethical<br />

Principles” that provide the foundation for ethical<br />

behavior at <strong>Cummins</strong>. The principles are backed<br />

by Corporate Policies and other key documents<br />

that give specific guidance on topics and issues<br />

addressed by the statements.<br />

The 10 Statements of Ethical Principles are:<br />

• We will follow the law everywhere.<br />

• We will embrace diverse perspectives and<br />

backgrounds, and treat all people with dignity<br />

and respect.<br />

• We will compete fairly and honestly.<br />

• We will avoid conflicts of interest.<br />

• We will demand that everything we do leads<br />

to a cleaner, healthier and safer environment.<br />

• We will protect our technology, our information<br />

and our intellectual property.<br />

• We will demand that our financial records and<br />

processes are accurate and that our reporting<br />

processes are clear and understandable.<br />

• We will strive to improve our communities.<br />

• We will communicate with honesty and integrity.<br />

• We will create a culture where all employees take<br />

responsibility for ethical behavior.<br />

Work on the updated Code began in <strong>2007</strong><br />

and the effort included feedback from <strong>Cummins</strong><br />

employees around the world. Rollout of the<br />

Governance<br />

23

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