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At Caterpillar, sustainability is our commitment to building a better world. Sustainability is part of who we are and what we do every single day. We recognise progress involves a balance of environmental stewardship, social responsibility and economic growth.
We consider this as we work toward a vision of a world in which people’s basic needs – such as shelter, clean water, education and reliable energy – are fulfilled. We provide work environments, products, services and solutions that make productive and efficient use of resources as we strive to achieve our vision. We believe this commitment supports the enduring success of our customers, stockholders, dealers and our people.
Wherever possible, we keep resources in the Caterpillar value chain through a circular flow of materials, energy and water. Our focus on developing better systems optimises our use of resources, maximises the total life cycle value of our products and minimises the cost of ownership for our customers. Viewing our equipment through a total life cycle lens allows us to make sustainable progress for communities, the environment and the economy.
Caterpillar strives to provide customers with quality equipment that provides the best economic proposition for their business. Our remanufacturing (reman) and rebuild businesses provide customers not only with an immediate cost savings, but also help extend life cycles and use materials more efficiently.
Energy is a key requirement for sustainable progress and development around the world. Energy consumption is rising rapidly, driven by worldwide population growth, swiftly developing economies, improving global living standards and the rapidly increasing use of ever more energy-dependent technologies. Global demand for energy is expected to increase significantly over the next 25 years, based on outlooks from the International Energy Agency.
As a global energy consumer and industrial manufacturer, and a major manufacturer of energy conversion and power-generation products, Caterpillar has a fundamental interest in, and understanding of, energy needs around the world. We are providing products with leading integrated technology to various energy markets and leveraging our technology and innovation to meet the world’s growing energy needs.
Increasing global population and the resulting demand for resources has produced severe impacts to much of the world’s natural infrastructure such as forests, prairies, agricultural lands, estuaries, coastal landscapes and wetlands. Healthy natural infrastructure offers many economic, environmental and social benefits – including productive fisheries along our coasts, increased biodiversity, improved storm resilience, recreation and tourism opportunities, improved water quality and enhanced scenic beauty. Healthy lands also offer the most productive means for removing carbon from the atmosphere, placing it where it can become a valuable component of soils, plants and ecosystems. Caterpillar, our unmatched dealer network and our customers are involved in complex restoration projects across the globe.
The global need for natural infrastructure restoration is staggering. The United Nations estimates that over 25 percent of the earth’s lands (an area approximately the size of the North American continent) are now considered to be “highly degraded” due to poor management practices that have resulted in deforestation, desertification, wetland destruction, severe erosion and contamination. As the earth’s population grows from 7 billion to over 9 billion in the next few decades, restoring the health and productivity of our natural infrastructure will become paramount for addressing the growing need for food, clean air and clean water. Caterpillar is committed to being a global leader of sustainable progress.