Sustainability, Diversity & Inclusion, and
Annual reports now available online
IRVING,
Texas, May 1, 2023 /PRNewswire/ -- Caterpillar
Inc. (NYSE: CAT) has released three reports highlighting the
company's environmental, social and governance (ESG) commitment and
contributions to helping its customers build a better, more
sustainable world.
"Caterpillar is contributing to a reduced-carbon future by
significantly reducing greenhouse gas emissions in our operations
and by investing in a diverse portfolio of products, services and
solutions to help customers meet their climate-related objectives,"
said Caterpillar Chairman and CEO Jim
Umpleby. "We're pleased to highlight our ESG progress and
the execution of our strategy as we continue to invest for future
profitable growth."
Sustainability Report highlights include:
- Caterpillar's role in the energy transition through products
and services designed to support the transition and growing global
energy demand.
- The inaugural Task Force on Climate-related Financial
Disclosure (TCFD) report, which aligns with the 11 recommended
disclosures of the TCFD, summarizes how the company governs
strategy to address climate-related risks and opportunities and
supports customers in the energy transition.
- Disclosure of Scope 3 use of sold products emissions.
- Progress toward seven sustainability goals for 2030.
The 2022 Sustainability Report also highlights the inclusion of
ESG performance into the incentive plan for executive officers, as
detailed in the company's proxy statement.
Caterpillar's third Diversity & Inclusion Report provides
information on how the company continues to progress in building an
inclusive culture that respects and celebrates our employees across
the globe. This year's report highlights the company's streamlined
D&I framework and representation advancements.
The 2022 Caterpillar Annual Report features how the global team
delivered one of the best years in Caterpillar's nearly 100-year
history as the company continued executing its strategy for
long-term profitable growth.
"The unique backgrounds and experiences of our diverse, global
team and their commitment to serving our customers contributed to
our excellent performance in 2022," said Umpleby.
You can explore all reports at caterpillar.com/reports.
About Caterpillar
With 2022 sales and
revenues of $59.4 billion,
Caterpillar Inc. is the world's leading manufacturer of
construction and mining equipment, off-highway diesel and natural
gas engines, industrial gas turbines and diesel-electric
locomotives. For nearly 100 years, we've been helping customers
build a better, more sustainable world and are committed and
contributing to a reduced-carbon future. Our innovative products
and services, backed by our global dealer network, provide
exceptional value that helps customers succeed. Caterpillar does
business on every continent, principally operating through three
primary segments – Construction Industries, Resource Industries and
Energy & Transportation – and providing financing and related
services through our Financial Products segment. Visit us at
caterpillar.com or join the conversation on our social media
channels at caterpillar.com/en/news/social-media.html.
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SOURCE Caterpillar Inc.