Cummins named top corporate citizen

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Cummins is at the top of Business Ethics magazine’s 2005 list of “100 Best Corporate Citizens.”

The engine manufacturer based in Columbus, Ind., has made the magazine’s Top 100 list every year since the feature began six years ago. It was cited as a world leader in emissions reduction.

Two satellite radio services debuted this year: Sirius Satellite Radio at No. 21 and XM Satellite Radio at No. 44. Federal Express was No. 70.

All companies appearing on the Russell 1000 Index of the 1,000 largest publicly traded companies in the United States are considered for the list. Companies are ranked in eight categories: total return to stockholders, community, governance, diversity, employees, environment, human rights and product.

“The list represents the top 10 percent of Russell 1000 firms when it comes to corporate social responsibility,” said Marjorie Kelly, the magazine’s editor.

The Top 100 will be recognized April 21 at the Business Ethics Summit in New York City.

Last year’s first-place finisher, the government-chartered home mortgage lender Fannie Mae, was removed from this year’s list because of its accounting scandal.

To see the complete Top 100 list, visit http://business-ethics.com/whats_new/100best.html.