ITT earns spot on Dow Jones Sustainability Index for tenth straight year
September 17 2008 - 10:30AM
Business Wire
For the tenth year in a row, ITT Corporation (NYSE:ITT) has been
named to the Dow Jones Sustainability World Index (DJSI World) in
recognition of the company's economic, environmental and social
performance. Its inclusion on the 2008 list makes ITT one of the
few companies to be included on the list every year since its
inception in 1999. The DJSI World identifies those companies that
exemplify leadership in sustainability and comprises the top 10
percent of the businesses assessed, which includes the world�s
2,500 largest corporations. The leaders are selected according to a
systematic corporate sustainability assessment across an array of
categories, including climate change strategies, energy
consumption, human resources development, knowledge management,
stakeholder relations and corporate governance. �We believe there
is a direct link between sustainable business practices and
long-term business success, placing our sustainability strategy at
the core of ITT�s business model,� said Steve Loranger, chairman,
president and chief executive officer, ITT. �We are very pleased by
this recognition, and accept it as part of our ongoing journey. Our
sustainability approach will continue to shrink the company�s
environmental footprint and we will continue to make investments in
people and technology that have a positive impact on our customers,
employees, and communities.� The DJSI World is published annually
by SAM, the sustainability investment specialist, together with Dow
Jones Indexes and STOXX Ltd., two leading global index providers.
To learn more about the Dow Jones Sustainability Indexes, visit
www.sustainability-indexes.com. Corporate Responsibility Report Now
Available ITT also announces the availability of its 2007-2008
Corporate Responsibility Report, which is available online at:
www.itt.com/responsibility. The report addresses significant
environmental, social and economic issues that have an impact on
ITT and its stakeholders. Every year since 1996, ITT has published
an annual report that documents performance in the areas of
environment, safety and health. The company�s reporting was
expanded in 2006 to cover all aspects of corporate responsibility.
About ITT Corporation ITT Corporation (www.itt.com) is a
diversified high-technology engineering and manufacturing company
dedicated to creating more livable environments, enabling
communications and providing protection and safety. The company
plays an important role in vital markets including water and fluids
management, global defense and security, and motion and flow
control. Headquartered in White Plains, N.Y., the company ITT
employs approximately 40,000 people and generated $9 billion in
2007 sales.
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