Eaton Participates in Conscious Capitalism Institute‘s Summit on “A New Management Paradigm for a New World”; Advocates a Long Term Perspective for Sustainability

PUNE, March 22, 2010 … Diversified industrial manufacturer Eaton Corporation participated in the recent summit “A New Management Paradigm for a New World” organized by Confederation of Indian Industry (CII) and Conscious Capitalism Institute (CCI) to highlight the idea that profit and prosperity can and must go hand in hand with social justice and environmental stewardship.

Craig Arnold, vice chairman and chief operating officer for Eaton‘s Industrial Sector was one of the key plenary speakers at last week‘s summit in Mumbai and spoke on the topic “Sustainable Leadership: Taking the Long Term Perspective.”

“At Eaton, sustainability isn‘t an autonomous program or initiative,” said Craig Arnold in his remarks. “It‘s how we do business and it‘s an increasing part of our business success. We have been living it for years as “Doing Business Right,” and it is central to our vision to become the most admired company in our markets.”

He further elaborated on how Eaton is developing customer solutions that drive sustainable growth around the globe, including efficiently using and conserving global resources, developing energy efficient products, reducing emissions, protecting the environment, and volunteering time to help build stronger communities. He reviewed the company‘s India initiatives and spoke on Eaton‘s efforts to spread HIV AIDS awareness among the truck driver community. The company has been working with the NGO Sahara Alhad to spread awareness among the truck driver community in Maharashtra.

The conference featured a “Who's Who” of CEOs and leaders from the US and India in an innovative, highly interactive small conference format. Kapil Sibal, Hon‘ble Minister for Human Resource Development, Government of India delivered the keynote address. The summit represented a unique opportunity for Indian corporations and entrepreneurs to focus on ways to deliver value to all of their stakeholders and work to align and harmonize the interests of society, partners, investors, customers and employees.

Eaton Corporation is a diversified power management company with 2009 sales of $11.9 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. For more information, visit www.eaton.com.

For Details Contact:
Eaton
Lavanya Wadgaonkar 9923204068
Vijay Chaudhury - 9765406182