Cummins Inc. Announces Cummins Powers Women, A Landmark Initiative to Accelerate the Advancement of Women and Girls Around the World
Multi-million dollar commitment focused on diverse programs that impact
the lives of women and girls
INDIANAPOLIS–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) announced today – on International Women’s Day
– Cummins Powers Women, a landmark community initiative to advance its
long-term commitment to the empowerment of women and girls around the
world.
As part of this program, Cummins has partnered with a network of trusted
nonprofits to make a larger, more sustainable and long-lasting impact in
the communities in which it operates.
“Cummins’ mission is to make people's lives better by powering a more
prosperous world and Cummins Powers Women epitomizes this purpose,” said
Tom Linebarger, Cummins Inc. Chairman and CEO. “One way we seek to
better communities is by investing in programs that improve the lives of
women and girls. We’ve seen firsthand the positive transformation that
happens when we ensure diversity and inclusion within our organization,
bringing more women into our business at every level.”
Cummins Powers Women is the Company’s most ambitious community
initiative ever, representing a multi-million dollar investment in
proven programs designed to create large-scale impact in the lives of
women and girls globally. The programs will focus on areas where
significant barriers exist to the advancement of girls and women.
For example, for every extra year a girl stays in school, her income can
increase by 15 to 25 percent (USAID
(2017)). Research shows that if women were to participate in the
economy identically to men, they could add as much as $28 trillion or 26
percent to annual global GDP in 2025. This is roughly the combined size
of the economies of the United States and China today (McKinsey
Global Institute, The Power of Parity: How Advancing Women’s Equality
Can Add $12 Trillion to Global Growth (2015)).
Through Cummins Powers Women, the Company will partner with a network of
best-in-class, global non-profit organizations in the following regions
that have existing, outcome-based programs to accelerate gender equality:
- Girls Inc. – North America
- Rosa Fund – UK
- Save the Children – Germany
- China Women’s Development Foundation – China
- Rise Up – Africa, Latin America and India
- Camfed, the Campaign for Female Education – Ghana
- CARE Australia – Cambodia
- Girls Academy – Australia
“We were rigorous in our evaluation, and we are pleased to partner with
nonprofits around the world that have research-based programs, metrics
in place and a really strong track record of success empowering women
and girls,” said Mary Titsworth Chandler, Vice President of Corporate
Responsibility and Chief Executive Officer of the Cummins Foundation.
“We have invested in a wide range of programs from on-the-ground
mentoring and teaching of women and girls, to financial empowerment
through entrepreneurship to leadership development and advocacy at the
regional level.”
Additionally, as a major proponent of leadership training and
development programs, Cummins is funding leadership training and
strategic skills development for non-profit leaders.
“The growth and improvements we have seen in our own Company through an
inclusive environment for women are the catalyst for us to dream about a
future for all women that includes abundant opportunity for global
leadership, invention, skill and creativity – a world powered by women
in which progress accelerates, invention amplifies and solutions become
easier to find,” said Chandler.
In addition to the announcement of Cummins Powers Women, the Company is
celebrating its holistic commitment to women with its second global
Women’s Conference for leadership, held March 8 and 9 in Indianapolis.
Sessions at the conference focus on developing an even more inclusive
environment, including exploring gender diversity around the world and
building leadership behaviors to create the right environment of gender
diversity and inclusion across the company. Today, women account for 35
percent of the Cummins Leadership Team.
Also this week in recognition of its commitment to girls, Cummins was
honored with the 2018 Corporate Vision Award by Cummins Powers Women
partner Girls Inc. at the nonprofit’s annual luncheon in New York on
March 7.
“We are honored to embark on this long-term partnership with Cummins
Inc. to ensure many more girls can benefit from life-changing Girls Inc.
programming,” said Judy Vredenburgh, Girls Inc. President and CEO. “It
is furthermore our distinct pleasure to salute Cummins Inc. as the 2018
Corporate Vision Award recipient at our New York luncheon for their
commitment to supporting girls’ and women’s empowerment through
financial investment, volunteerism and leadership development.”
About Cummins Inc.
Cummins Inc., a global power leader, is a corporation of complementary
business segments that design, manufacture, distribute and service a
broad portfolio of power solutions. The company’s products range from
diesel and natural gas engines to hybrid and electric platforms, as well
as related technologies, including battery systems, fuel systems,
controls, air handling, filtration, emission solutions and electrical
power generation systems. Headquartered in Columbus, Indiana (U.S.A.),
since its founding in 1919, Cummins currently employs approximately
58,600 people committed to powering a more prosperous world. Cummins
serves customers in about 190 countries and territories through a
network of some 500 company-owned and independent distributor locations
and approximately 7,500 dealer locations. Cummins earned about $1
billion on sales of $20.4 billion in 2017. Press releases can be found
on the Web at www.cummins.com.
Follow Cummins on Twitter at www.twitter.com/cummins
and on YouTube at www.youtube.com/cumminsinc.
About Girls Inc.
Girls Inc. inspires all girls to be strong, smart and bold. Its
comprehensive approach to whole girl development equips girls to
navigate gender, economic and social barriers and grow up healthy,
educated and independent. These positive outcomes are achieved through
three core elements: people – trained staff and volunteers
who build lasting mentoring relationships; environment –
girls-only, physically and emotionally safe, where there is a sisterhood
of support, high expectations and mutual respect; and programming –
research-based, hands-on and minds-on, age-appropriate, meeting the
needs of today’s girls. Informed by girls and their families, Girls Inc.
also advocates for legislation and policies to increase opportunities
for all girls. Learn more at girlsinc.org.
Contacts
Cummins Inc.
Katie Zarich, 317-650-6804
[email protected]
