Caterpillar Financial Services Corporation Sustainability Profile
Caterpillar Financial Services Corporation, often referred to as Cat Financial, is a leading provider of financial solutions headquartered in the United States. Established in 1981, the company has grown to serve major operational regions across North America, Europe, and Asia, supporting the global reach of its parent company, Caterpillar Inc. Specialising in the construction and mining industries, Cat Financial offers a range of financial products and services, including equipment financing, leasing options, and insurance solutions. What sets them apart is their deep understanding of the heavy equipment market, allowing them to tailor financial solutions that meet the unique needs of their customers. With a strong market position, Caterpillar Financial has achieved notable milestones, including significant contributions to the growth of Caterpillar's global operations, reinforcing its reputation as a trusted partner in the heavy machinery sector.
DitchCarbon Score
How does Caterpillar Financial Services Corporation'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.
Industry Average
Mean score of companies in the Financial Intermediation 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.
Industry Benchmark
Caterpillar Financial Services Corporation's score of 62 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Caterpillar Financial Services Corporation, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of Caterpillar Inc., any emissions data would be inherited from its parent company. However, there are no documented reduction targets or climate pledges specific to Caterpillar Financial Services Corporation. Caterpillar Inc., the parent organisation, has established various climate initiatives, but specific details regarding emissions reductions or commitments have not been provided for Caterpillar Financial Services Corporation. The absence of emissions data and reduction initiatives indicates a need for further transparency and commitment to climate action within the organisation. As a subsidiary, Caterpillar Financial Services Corporation may align with broader corporate sustainability goals set by Caterpillar Inc., but specific metrics and targets for carbon emissions reduction have not been disclosed.
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Access structured emissions data, company-specific emission factors, and source documents
| 2006 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | - | 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 | 000,000,000,000 |
How Carbon Intensive is Caterpillar Financial Services Corporation's Industry?
How Carbon Intensive is Caterpillar Financial Services Corporation's Location?
Caterpillar Financial Services Corporation's Scope 3 Categories Breakdown
Caterpillar Financial Services Corporation's Scope 3 emissions, which decreased by 10% last year and decreased by approximately 34% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Caterpillar Financial Services Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Caterpillar Financial Services Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
