In 2024, Caterpillar completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Caterpillar has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Caterpillar amounted to 1,450,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Caterpillar decreased by 3.33%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of Caterpillar were 680,000 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Caterpillar's Scope 1 emissions have decreased by 27.66%, reflecting a declining long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), Caterpillar's Scope 1 emissions decreased by 1.45%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2024, Caterpillar reported Scope 2 greenhouse gas (GHG) emissions of 690,000 tCO₂e using the market-based method and 770,000 tCO₂e using the location-based method. a
Since 2018, Caterpillar's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 41.75%, reflecting a declining long-term trend in Scope 2 emissions over time. a d
Compared to the previous year (2023), Caterpillar's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Caterpillar 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, Caterpillar reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Caterpillar reported 680,000,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Caterpillar includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2024, Caterpillar reported total Scope 3 emissions of 680,000,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2018, Caterpillar's Scope 3 emissions have decreased by 33.53%, reflecting a declining long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Caterpillar's Scope 3 emissions decreased by 10.41%, highlighting the company's efforts to lower indirect emissions from its value chain. a
In 2024, Caterpillar reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Caterpillar's Scope 3 emissions were: a
In 2024, Caterpillar reported Scope 1 greenhouse gas (GHG) emissions of 680,000 tCO₂e and total revenues of USD 64,809 millions. This translates into an emissions intensity of 10.49 tCO₂e per millions USD. a
In 2024, Caterpillar reported a Scope 1 emissions intensity of 10.49 tCO₂e per millions USD. Compared to the peer group median of 7.77 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Caterpillar ranked 13 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Caterpillar is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2024, Caterpillar reported a total carbon footprint of 681,450,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.39% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Caterpillar's total carbon footprint was Scope 3 emissions, accounting for 99.79% of the company's total carbon footprint, followed by Scope 2 emissions at 0.11%. a