CLEVELAND ... Diversified industrial manufacturer Eaton Corporation ranked No. 43 overall on Newsweek’s inaugural Green Rankings of the 500 largest companies in America and No. 3 in its General Industrial category, behind ITT and 3M.
In the September 28 edition, Newsweek called Eaton “a key player in development of hybrid and low emissions trucks” and cited its production of electrical systems and products for green buildings, also noting that Eaton is now designing a carbon-neutral manufacturing plant.
For more than a year, the magazine worked with leading environmental researchers KLD Research & Analytics, Trucost, and CorporateRegister.com to rank the 500 largest U.S. companies based on their environmental performance, policies and reputation.
Environmental policies, reputation, and industry-neutral metrics that help to even the playing field for companies in carbon-intensive businesses provided the basis for more than half of companies' overall Green Scores.
Many corporations are secretive about key environmental data, said Newsweek, but many of the largest companies report their environmental and sustainability results openly. Eaton publishes an environmental annual report each year, available at
http://www.eaton.com/EatonCom/OurCompany/InvestorRelations/FinancialReports/AnnualReport/index.htm, in conjunction with its annual report to shareholders, and participates in other forms of environmental reporting.
For more information on Newsweek’s Green Rankings, go to
http://www.newsweek.com/id/215577 or
http://greenrankings.newsweek.com/top500/page:3.
To access Eaton’s sustainability Web page, go to
http://www.eaton.com/EatonCom/Sustainability/index.htmEaton Corporation is a diversified power management company with 2008 sales of $15.4 billion. Eaton is a global technology leader in electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Eaton has approximately 70,000 employees and sells products to customers in more than 150 countries.