Caterpillar Inc

Common Name
Caterpillar
Country
United States
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
112,900
Ticker
CAT
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Caterpillar Inc. is a leading global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Renowned for its high-...

Caterpillar's Climate Target Data Preview

As of 2024, Caterpillar has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Caterpillar ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Caterpillar's Greenhouse Gas Emissions Pathways

As of 2024, Caterpillar has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Caterpillar have a target to reduce the emissions from its operations?

As of 2024, Caterpillar has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Caterpillar's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 2,080,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

Caterpillar has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.

Caterpillar's Operational (Scope 1+2) Emissions Pathway

2018202420300550 k1.1 M1.65 M2.2 MBaselineCurrent (-34%)
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