Caterpillar Inc
Machinery Tools Heavy Vehicles Trains & Ships
Company Summary
Caterpillar Inc. is a global leader in the manufacturing of heavy machinery and equipment, with a strong focus on sustainability through the development of fuel-efficient machines and green technologies. The company’s ESG rating reflects its commitment to reducing carbon emissions, improving energy efficiency, and promoting sustainable mining and construction practices. However, Caterpillar faces scrutiny over its environmental impact related to the production of heavy equipment and its contribution to greenhouse gas emissions. Additionally, the company has been criticized for governance issues surrounding labor practices and supply chain transparency. Despite these challenges, Caterpillar continues to work on reducing its carbon footprint and advancing sustainable technologies. For further insights, refer to the Caterpillar ESG report.
ESG Rating Overview
Sustainalytics
Overall ESG Rating :
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
Caterpillar is average among 34 companies in the construction & farm machinery & heavy trucks industry.
Temperature Rise :
News from Caterpillar Inc
Caterpillar Reports ESG Progress, Strategy Execution
Caterpillar Showcases Services and Tech at CONEXPO
Caterpillar Demonstrates First Battery-Powered Large Mining Truck
Funding from New Sources Promotes Sustainability
Investing in Our Planet: Caterpillar Foundation
Caterpillar Foundation Responds to Urgent Humanitarian Needs in Ukraine
Brazil's Sustainability Through Seed Collection
Working to Achieve Our 2030 Sustainability Objectives
FAQ
What is Caterpillar's ESG score?
Caterpillar holds an ESG score of 59 as assessed by Sustainalytics, with a focus on environmental responsibility and governance. The company has made notable progress in sustainability but continues to work on emissions reduction and improving transparency in its supply chain.
How does Caterpillar address environmental sustainability?
Caterpillar works on reducing emissions through advanced technologies in its machinery and focuses on energy efficiency in operations. The company is also committed to sustainable sourcing and using renewable energy across various facilities.
What social responsibility initiatives does Caterpillar have?
Caterpillar’s social responsibility efforts include disaster relief, global community development programs, and education support initiatives. The company is also committed to creating a diverse workforce and promoting ethical practices in its supply chain