2021 SUSTAINABILITY PROGRESS REPORT | Cummins Inc. 5% INDIA 75 Cummins and Sinopec announced the formation of a 50:50 joint venture, Cummins Enze, to accelerate the affordability and availability of no-carbon green hydrogen in China. The joint venture will invest in an electrolyzer plant with annual capacity starting at 500 megawatts in 2023, and scalable to one gigawatt within five years after completion. In response to the COVID-19 pandemic, the company launched an aggressive global effort to acquire vaccines and provide them onsite or near to employees, their families and other stakeholders. By partnering with governments and health care providers, Cummins facilitated the delivery of over 45,000 doses of approved vaccines. Cummins was named to the Dow Jones World Sustainability Indices, which includes the most sustainable companies around the world. The company received the Terra Carta Seal from Prince Charles for Cummins’ leadership on environmental sustainability. There were numerous highlights over the year, according to company officials, including: Cummins announced it will bring to market a 15-liter natural gas engine for heavy-duty trucks. The 15-liter natural gas engine is an important part of Destination Zero, Cummins’ strategy for decarbonizing the markets it serves. The strategy focuses on reducing carbon from the technologies that are widely available today, while investing in the infrastructure capabilities and technologies with the potential to reach zero emissions. 33% ENGINE 15% POWER SYSTEMS 26% COMPONENTS 26% DISTRIBUTION 2021 REVENUE BY SEGMENT 2% MIDDLE EAST & AFRICA 55% U.S. & CANADA 12% EUROPE & CIS 7% ASIA PACIFIC 13% CHINA 6% LATIN AMERICA & MEXICO 2021 REVENUE BY MARKETING TERRITORY CUMMINS SALES BY YEAR 2021 2019 2018 2017 2016 $23.6 billion $19.8 billion $24 billion $23.8 billion $17.5 billion $20.4 billion FINANCIAL // 2020 LEARN MORE To learn more, see Cummins’ Annual Report on Form 10K, the definitive source for financial information about the company. NOTE: Charts based on revenue before intersegment eliminations.
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