Rockwell Automation provides industrial power, control and information solutions for manufacturers. The company operates in two segments: Architecture & Software and Control Products & Solutions. Rockwell is the largest company in the world that is solely focused on industrial automation and information. The company and its approximately 22,500 employees operate and sell products in more than 80 countries.
Rockwell Automation is guided by its mission to improve the quality of life by making the world more productive and sustainable. Primarily, the company tasks itself with helping manufacturers find ways to produce goods and services while using fewer natural resources. Rockwell’s products improve energy efficiency while reducing emissions to help comply with government regulations, and its solutions help customers treat and move water more efficiently, recycle water and reduce pollution. The company emphasizes its own operational sustainability, too. Rockwell has continued to increase its number of locations with ISO 14001 certifications, decreased its water use each year and defers 92% of its waste generated from landfill. The company also has goals to reduce its energy use intensity by 30% and to decrease its greenhouse gas emissions intensity by 30%. In recent year, the company conducted more than 50 internal environmental and safety performance assessments. Rockwell and its employees participate in various environmental stewardship activities and charitable causes, annually donating millions of dollars to organizations around the world.
Rockwell Automation and Dow Chemical recently reached a $375 million settlement with thousands of homeowners over allegations that a since-closed nuclear weapons plant the companies operated in Colorado posed health risks and devalued properties. The company has also been accused of retaliating against unionizing workers.
Country: United States
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 12/31/16 and may not reflect current opinions or subsequent events.