Caterpillar Again Named to Dow Jones Sustainability Indices
DEERFIELD, Ill., Nov. 18, 2021 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) has been named to the 2021 Dow Jones Sustainability Indices (DJSI), including the World and North America indices. This marks the 22nd time Caterpillar has been included in the DJSI.
The annual DJSI process evaluates numerous corporate economic, environmental and social performance factors. Some of Caterpillar's sustainability successes are:
- Continuing integration of sustainability into the enterprise strategy by establishing 2030 sustainability goals, tying a portion of executive compensation to environmental, social and governance (ESG) and creating a new leadership position of Chief Sustainability & Strategy Officer.
- Working alongside customers to understand their needs and investing in innovative products that facilitate fuel transition, increased operational efficiency and reduced emissions to help customers achieve their goals.
- Enhanced ESG-related disclosures, including a commitment to utilizing the Task Force on Climate-related Financial Disclosures (TCFD) framework for sustainability reporting starting in 2023.
- Providing a positive work environment to strengthen a safety culture and support the health and wellbeing of a global workforce with unique talents, skills, abilities, backgrounds and experiences.
- Focusing on corporate citizenship and philanthropy to help build resilient communities around the world through the Caterpillar Foundation's investments in workforce development and sustainable infrastructure.
"Sustainability is one of our core values and an important element of our enterprise strategy for long-term profitable growth," said Caterpillar Chairman and CEO Jim Umpleby. "We demonstrate our commitment to sustainability in many ways, including through our significant progress in reducing greenhouse gas emissions from our operations and our continued investment in new products, technologies and services to help our customers achieve their climate-related goals."
For more on Caterpillar's sustainability progress and how the company is helping build a better world, read the 2020 Sustainability Report: www.caterpillar.com/en/company/sustainability.html.
About Caterpillar
With 2020 sales and revenues of
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SOURCE Caterpillar Inc.
