WHITE PLAINS, N.Y., September 23, 2011 — ITT Corporation (NYSE: ITT) today released an executive summary highlighting the company’s recent achievements in key areas of global citizenship. The 2010-2011 report outlines ITT’s progress in areas including sustainability, ethics, diversity and philanthropy.
Key highlights of ITT’s citizenship work include progress in:
- Environment, Health, Safety—ITT’s facilities have reduced greenhouse gas emissions by 47 percent, energy consumption by 24 percent and water consumption by 36 percent since 2005.
- Product Stewardship and Supply Chain—ITT’s Commercial businesses achieved a 35% increase in spending with diverse suppliers.
- Governance and Ethics—98% of all ITT employees worldwide have completed Code of Conduct & Ethics training.
- Community Involvement and Philanthropy—ITT contributed more than $360,000 to help disaster relief efforts following the March 2011 earthquake in Japan.
ITT has been consistently recognized for the company’s commitment to responsible practices and received multiple honors for its worldwide corporate citizenship efforts. For example, this year ITT was named one of the top companies for environmental responsibility by Newsweek’s Green Rankings and the company was named winner of the JustMeans Social Innovation Award for best employee engagement strategy, among others. The full summary is available online at www.itt.com/citizenship.
About ITT Corporation
ITT Corporation is a high-technology engineering and manufacturing company operating on all seven continents in three vital markets: water and fluids management, global defense and security, and motion and flow control. With a heritage of innovation, ITT partners with its customers to deliver extraordinary solutions that create more livable environments, provide protection and safety and connect our world. Headquartered in White Plains, N.Y., the company generated 2010 revenue of $11 billion. www.itt.com