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 GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

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).

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.

Caterpillar's Scope 1 Emissions Over Time

20182019202020212022202320240250 k500 k750 k1 MtCO2e-4%-23%+7%0%-7%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Caterpillar's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Caterpillar were 680,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Caterpillar reduced its Scope 1 emissions over time?

Since 2018, Caterpillar's Scope 1 emissions have decreased by 27.66%, reflecting a declining long-term trend in Scope 1 emissions over time.

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.

What are Caterpillar's Scope 2 emissions?

In 2024, Caterpillar reported Scope 2 greenhouse gas (GHG) emissions of 690,000 tCOâ‚‚e using the market-based method, and 770,000 tCOâ‚‚e using the location-based method.

Has Caterpillar reduced its Scope 2 emissions over time?

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.

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.

What methodology does Caterpillar use for Scope 2 reporting?

In 2024, Caterpillar reported its Scope 2 emissions using the market-based method and using the location-based method.

Caterpillar's Scope 2 Emissions Over Time

20182019202020212022202320240350 k700 k1.05 M1.4 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Caterpillar's Value Chain Emissions

In 2024, Caterpillar reported 680,000,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

Caterpillar's Scope 3 Emissions Over Time

20182019202020212022202320240300 M600 M900 M1.2 BtCO2e-9%-39%-1%+7%+25%-10%
  • Total Scope 3
  • Year-over-Year Change

What are Caterpillar's Scope 3 emissions?

In 2024, Caterpillar reported total Scope 3 emissions of 680,000,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has Caterpillar reduced its Scope 3 emissions over time?

Since 2018, Caterpillar's Scope 3 emissions have decreased by 33.53%, reflecting a declining long-term trend in Scope 3 emissions over time.

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.

What categories of Scope 3 emissions does Caterpillar disclose?

In 2024, Caterpillar reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Caterpillar's Scope 3 emissions?

In 2024, the largest contributors to Caterpillar's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 680,000,000 tCOâ‚‚e (100%)

Caterpillar's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(100.0%)

Insights into Caterpillar's Total Carbon Footprint

In 2024, Caterpillar reported a total carbon footprint of 681,450,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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