Cummins

Indiana
Capital Goods

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Cummins vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination. However, it has not publicly terminated business relationships based on views or beliefs. The company covers the cost of "medically necessary transition-related care” for its employees and their children. Cummins pledged over $20 million to BLM and related causes. The company is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. Cummins frequently uses its reputation and corporate dollars to involve itself in politics. However, it does not discriminate against religious organizations in its charitable giving and has not used its PAC contributions for ideological purposes. For these reasons, Cummins receives a Medium Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Cummins has not publicly terminated business relationships due to religious beliefs or political views. The company received a score of 100 on the Corporate Equality Index from the Human Rights Campaign. Among other requirements, this means Cummins has pledged to vet vendors based on LGBTQ policies (1)(2).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

The Cummins Foundation primarily only supports organizations in Massachusetts counties and “generally does not consider requests for religious endeavors,” in addition to numerous other eligibility restrictions (1). Cummins no longer matches employee donations (2).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Cummins does not protect its employees against viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Cummins advocates for the Equality Act and is a coalition partner for America Competes (1)(2). Cummins spoke out against the North Carolina legislation, HB2, which required people to use the bathroom of their biological gender (3). Cummins also talked about voting rights for “Black and brown citizens” and making sure that “voting is accessible to all people in our country” (4). Cummins criticized the Indiana abortion ban, making clear their stance on the divisive issue (5). CEO Jennifer Rumsey is a member of the Business Roundtable and Former CEO Tom Linebarger signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (6)(7).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Cummins has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). Cummins has pledged over $20 million to the Black Lives Matter movement and related causes (3)(4). The company is a corporate partner of the National LGBT Chamber of Commerce (5).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Cummins has not used its PAC donations for ideological purposes hostile to freedom of expression (1)(2).

All links were last accessed and all information was updated on:
November 28, 2023

Company reports are intended for educational use only. Full Disclaimer

Voting History

Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/9/23GovernanceJohn CheveddenRequire Two Seperate People Hold the Offices of Chairman and CEOAgainst43.30%
5/9/23EnvironmentalAs You Sow on behalf of Meyer Memorial Trust, PCR Children’s Tr FBO Ellen and The Woodcock FoundationLinking CEO Compensation to Climate PerformanceAgainst15.10%
5/10/22GovernanceN/A - UndisclosedIndependent Board ChairAgainst37.05%
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