Caterpillar Inc., commonly known as Cat, is a leading manufacturer in the heavy equipment industry, headquartered in the United States. Established in 1925, the company has made significant strides in construction, mining, and energy sectors, with major operational regions spanning North America, Europe, and Asia. Cat is renowned for its extensive range of products, including excavators, bulldozers, and generators, distinguished by their durability and advanced technology. The company has consistently maintained a strong market position, recognised for its innovation and commitment to sustainability. Notable achievements include pioneering developments in equipment efficiency and emissions reduction, solidifying its reputation as a trusted partner in heavy machinery.
How does Cat's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Cat's score of 23 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Caterpillar Inc. reported total greenhouse gas emissions of approximately 1,440,000,000 kg CO2e, comprising 690,000,000 kg CO2e from Scope 1 and 750,000,000 kg CO2e from Scope 2 emissions. The company has set ambitious science-based targets to reduce its absolute greenhouse gas emissions from operations by 30% by 2030, using 2018 as the baseline year. This commitment applies to both Scope 1 and Scope 2 emissions, reflecting Caterpillar's dedication to addressing its carbon footprint. Over the years, Caterpillar has demonstrated a consistent effort to manage its emissions. For instance, in 2022, the company emitted approximately 1,490,000,000 kg CO2e, with Scope 1 emissions at 740,000,000 kg CO2e and Scope 2 emissions at 740,000,000 kg CO2e. The trend shows a gradual reduction in emissions intensity, with a notable decrease in emissions per unit of revenue. Caterpillar's Scope 3 emissions, particularly from the use of sold products, are significant, reaching approximately 759,000,000,000 kg CO2e in 2023. This highlights the importance of addressing emissions throughout the product lifecycle as part of their climate strategy. Overall, Caterpillar's climate commitments and reduction targets position the company as a proactive player in the global effort to mitigate climate change, aligning with industry standards and expectations for corporate responsibility.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2006 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | 0,000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cat is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.