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2010 Sustainability Report - Cummins.com

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Governance lays foundation<br />

for business success<br />

Highlights<br />

Ten ethical principles guide <strong>Cummins</strong>.<br />

Ethics investigators ensure principles are upheld.<br />

International technical talent added to<br />

<strong>Cummins</strong> Board of Directors.<br />

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

2 We will embrace diverse perspectives and<br />

backgrounds and treat all people with dignity<br />

and respect.<br />

3 We will <strong>com</strong>pete fairly and honestly.<br />

<strong>Cummins</strong> believes strongly that business<br />

success starts with good governance.<br />

Good governance, in turn, is built on polices and<br />

procedures that promote ethical behavior by<br />

Company leaders and employees and<br />

responsiveness to all stakeholders – shareholders,<br />

employees, suppliers, customers, <strong>com</strong>munities,<br />

regulators and broader society.<br />

<strong>Cummins</strong> is guided by the Company’s Code of<br />

Conduct and 10 Statements of Ethical Principles.<br />

These principles guide a host of initiatives designed to<br />

help <strong>Cummins</strong> navigate the <strong>com</strong>plexities of the global<br />

marketplace. <strong>Cummins</strong>’ 10 Ethical Principles are:<br />

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

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

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

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

and our intellectual property.<br />

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

processes are accurate and that our reporting<br />

processes are clear and understandable.<br />

8 We will strive to improve our <strong>com</strong>munities.<br />

9 We will <strong>com</strong>municate with honesty and integrity.<br />

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

responsibility for ethical behavior.<br />

50 <strong>Cummins</strong> Inc. <strong>Sustainability</strong> <strong>Report</strong> <strong>2010</strong>

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