Tennant Company Social and Environmental Efforts Recognized on Domini 400 Sacial Index
MINNEAPOLIS, Minn., July 11, 2007-Tennant Company (NYSE: TNC), a world leader in designing, manufacturing and marketing of solutions that help create a cleaner, safer world, announced that it has been included by KLD Research and Analytics for the 2007 Domini 400 Social Index (DS400). The DS400 index recognizes companies for their performance as social and environmental stewards.
The independent research and investment firm launched the DS400 index in 1990 as a first benchmark for equity portfolios evaluated according to social and environmental performance. The DS400 consists of 400 companies that demonstrate leadership in corporate social responsibility.
"It is rewarding to be included in the DS400 Index and it marks another proud moment in our efforts to be a good corporate citizen," said Chris Killingstad, Tennant Company president and CEO. "We take very seriously our responsibility to be a good corporate citizen and deliver value to our shareholders, employees and our community."
KLD is an independent investment research firm serving the investing community with strategies based on corporate social and environmental performance. The DS400 Index evaluates company performance on environment, community relations, diversity, employee relations, human rights, product quality and safety, and corporate governance.
Tennant Company's inclusion in the DS400 Index was determined based on an analysis of the Company's community relations, diversity, employee relations, human rights, and product quality and safety, environment and corporate governance.
KLD noted Tennant's environmental stewardship for products like FaST® and the Eco-Advantage® coatings. The firm also recognized the Tennant Foundation's charitable contributions to information and educational resources. KLD also credited Tennant for work/life balance programs and retirement benefits.
Company Profile
Minneapolis-based Tennant Company (NYSE: TNC) is a world leader in designing, manufacturing and marketing solutions that help create a cleaner, safer world. Its products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; and coatings for protecting, repairing and upgrading concrete floors. Tennant's global field service network is the most extensive in the industry. Tennant has manufacturing operations in Minneapolis, Minn.; Holland, Mich.; Uden, The Netherlands; Northampton, United Kingdom; and Shanghai, China; and sells products directly in 15 countries and through distributors in more than 80 countries. For more information, visit www.tennantco.com.
For more information visit (http://www.kld.com/indexes/ds400index/index.html).
