DEERFIELD, Ill., Nov. 20, 2020 /PRNewswire/ -- Caterpillar
Inc. (NYSE: CAT) has been named to the 2020 Dow Jones
Sustainability Indices (DJSI), including both the World and
North America indices. This marks
the 21st time Caterpillar has been included in the
DJSI.
"Through our enterprise strategy, we are advancing our
sustainability journey, providing new opportunities for customers,
employees and communities," said Caterpillar Chairman and CEO
Jim Umpleby. "Sustainability is one
of our core values and represents our global team's commitment to
helping build a better world."
Some of the sustainability successes that led to Caterpillar's
inclusion are:
- Cultivating a workplace where team members feel supported,
providing training and development opportunities, leveraging
employees' unique talents, skills, abilities, backgrounds and
experiences.
- Helping its customers succeed by understanding their needs,
increasing the value delivered and earning their loyalty over the
life of the relationship.
- Continued global focus on innovation to develop new and
improved products, services and solutions, including sustainability
enhancements and remanufacturing.
- Building resilient communities through the Caterpillar
Foundation's work around the world.
- Enhanced Environmental, Social and Governance reporting aligned
with Sustainability Accounting Standards Board recommendations and
third-party verification of data.
The annual DJSI process evaluates numerous corporate economic,
environmental and social performance factors.
For more on Caterpillar's sustainability progress and how the
company is helping build a better world, read the 2019
Sustainability Report: http://reports.caterpillar.com/sr/.
About Caterpillar
Since 1925, Caterpillar Inc. has
been helping our customers build a better world – making
sustainable progress possible and driving positive change on every
continent. With 2019 sales and revenues of $53.8 billion, Caterpillar is the world's leading
manufacturer of construction and mining equipment, diesel and
natural gas engines, industrial gas turbines and diesel-electric
locomotives. Services offered throughout the product life cycle,
cutting-edge technology and decades of product expertise set
Caterpillar apart, providing exceptional value to help our
customers succeed. The company principally operates through three
primary segments – Construction Industries, Resource Industries and
Energy & Transportation – and provides financing and related
services through its Financial Products segment. For more
information, visit caterpillar.com. To connect on social media,
visit caterpillar.com/social-media.
Forward-Looking Statements
Certain statements in this
press release relate to future events and expectations and are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Words such as "believe,"
"estimate," "will be," "will," "would," "expect," "anticipate,"
"plan," "forecast," "target," "guide," "project," "intend,"
"could," "should" or other similar words or expressions often
identify forward-looking statements. All statements other than
statements of historical fact are forward-looking statements,
including, without limitation, statements regarding our outlook,
projections, forecasts or trend descriptions. These statements do
not guarantee future performance and speak only as of the date they
are made, and we do not undertake to update our forward-looking
statements.
Caterpillar's actual results may differ materially from those
described or implied in our forward-looking statements based on a
number of factors, including, but not limited to: (i) global and
regional economic conditions and economic conditions in the
industries we serve; (ii) commodity price changes, material price
increases, fluctuations in demand for our products or significant
shortages of material; (iii) government monetary or fiscal
policies; (iv) political and economic risks, commercial instability
and events beyond our control in the countries in which we operate;
(v) international trade policies and their impact on demand for our
products and our competitive position, including the imposition of
new tariffs or changes in existing tariff rates; (vi) our ability
to develop, produce and market quality products that meet our
customers' needs; (vii) the impact of the highly competitive
environment in which we operate on our sales and pricing; (viii)
information technology security threats and computer crime; (ix)
inventory management decisions and sourcing practices of our
dealers and our OEM customers; (x) a failure to realize, or a delay
in realizing, all of the anticipated benefits of our acquisitions,
joint ventures or divestitures; (xi) union disputes or other
employee relations issues; (xii) adverse effects of unexpected
events; (xiii) disruptions or volatility in global financial
markets limiting our sources of liquidity or the liquidity of our
customers, dealers and suppliers; (xiv) failure to maintain our
credit ratings and potential resulting increases to our cost of
borrowing and adverse effects on our cost of funds, liquidity,
competitive position and access to capital markets; (xv) our
Financial Products segment's risks associated with the financial
services industry; (xvi) changes in interest rates or market
liquidity conditions; (xvii) an increase in delinquencies,
repossessions or net losses of Cat Financial's customers; (xviii)
currency fluctuations; (xix) our or Cat Financial's compliance with
financial and other restrictive covenants in debt agreements; (xx)
increased pension plan funding obligations; (xxi) alleged or actual
violations of trade or anti-corruption laws and regulations; (xxii)
additional tax expense or exposure, including the impact of U.S.
tax reform; (xxiii) significant legal proceedings, claims, lawsuits
or government investigations; (xxiv) new regulations or changes in
financial services regulations; (xxv) compliance with environmental
laws and regulations; and (xxvi) other factors described in more
detail in Caterpillar's Forms 10-Q, 10-K and other filings with the
Securities and Exchange Commission.
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SOURCE Caterpillar Inc.