Cummins

Diversified Industrials
CMI
$ 270 0.68
Share price
$ 38 bn
Market Cap
$ 44 bn
Enterprise Value

Carbon footprint

14 Ton
GHG emissions per $ 1 mln investment
0.4x the weighted average for S&P 500
FY2020
How is this calculated?
-14%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Cummins's GHG emissions (market-based) (Kt of CO2e)
Cummins's Carbon intensity (Tons per 1 USDm)

Cummins's carbon footprint

Cummins reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 595 Kt (-94 /-13.7% y-o-y). At the same time, carbon intensity grew to 30 t (+0.8/+2.7% y-o-y).

No public disclosure of Scope 3 emissions has been found for Cummins at the moment.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Cummins also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Power generation design and manufacturers Cummins Inc Cummins Inc commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2018 base year. Cummins Inc also commits to reduce absolute scope 3 GHG emissions from the use of sold products 25% by 2030 from a 2018 base year.

Company environmental metrics

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