Cummins announced today bold new environmental sustainability goals timed to 2030, and aspirations for 2050, to do the company’s part in addressing climate change and other global environmental challenges.
Chairman and CEO Tom Linebarger said the company’s new PLANET 2050 strategy includes science-based goals for products and facilities in 2030 aligned to the United Nation’s Intergovernmental Panel on Climate Change (IPCC). Science-based goals are designed to limit global temperature rise to no more than 1.5 degrees Celsius by the middle of the century.
PLANET 2050’s longer term aspirations include powering customer success through carbon neutral technologies that address air quality, and designing out waste in products and processes.
Linebarger said the PLANET 2050 strategy is both an environmental and a business imperative. He has long maintained companies that can grow while using fewer of the world’s resources will be the most successful in the future.
“Our communities and our business depend on our collective response to improve the health of the planet while creating prosperity for all,” Linebarger said. “It’s clear that government, businesses, nongovernmental organizations, and communities must unite behind swift, decisive action to address the environmental threats we face.”
The new strategy builds on the success of goals announced in 2014 and timed to 2020 to reduce the company’s energy and water use as well as carbon dioxide (CO2) from its products. The company will continue to work on those targets through the end of next year.
The company’s eight 2030 goals relate to its parts, products and company-managed facilities and operations. They are divided into two categories: Goals addressing climate change and air emissions, and goals for the use of natural resources in the most sustainable way.
Company leaders say progress on the 2030 goals will be periodically evaluated and communicated, including consideration of whether more can or should be done in line with global energy and environmental challenges.
The 2030 goals are:
Climate change and air emissions
• Reduce absolute greenhouse gas (GHG) emissions from facilities and operations by 50% (science-based target).
• Reduce absolute lifetime GHG emissions from newly sold products by 25% (science-based target).
• Partner with customers to reduce greenhouse gas (GHG) emissions from products in the field by 55 million metric tons.
• Reduce emissions of volatile organic compounds from paint and coating operations by 50%.
Using natural resources in the most sustainable way
• Create a circular life-cycle plan for every part to use less, use better, use again.
• Generate 25% less waste in facilities and operations as a percent of revenue.
• Reuse or responsibly recycle 100% of packaging plastics and eliminate single-use plastics in dining facilities, employee events and amenities.
• Reduce absolute water consumption in facilities and operations by 30%.
ASPIRATIONS FOR 2050
The strategy’s aspirations are a first for the company. The 2050 targets are organized around the same categories as the 2030 goals:
2050 – Climate change and air emissions
• Customer success is powered by carbon neutral technologies that address air quality.
• Carbon neutrality and near zero pollution in Cummins’ facilities and operations.
2050 – Using natural resources in the most sustainable way
Nothing is wasted:
• Design out waste in products and processes.
• Use materials again for next life.
• Reuse water and return clean to the community
2050 – Improving communities:
• Net positive impact in every community where Cummins operates.
• Near zero environmental footprint.