Over the past century, Caterpillar has built a legacy of innovation that has transformed industries and improved lives. From our earliest days, we have been driven by a dedication to customer success and a relentless pursuit of excellence. We create products, solutions and services that benefit our customers worldwide and continually improve the quality of the environment and communities where we live and work.
As a leading global equipment and services provider, we continue to reduce greenhouse gas emissions across our operations and invest in a diverse range of products, technologies and services that support our customers’ success and help them meet their sustainability goals.
Across Caterpillar, we are collaborating to provide integrated offerings that meet each customer’s unique needs. For example, we continue to develop an expanded portfolio of increasingly fuel-efficient, fuel-flexible and fully electric products that help customers achieve their sustainability-related objectives. As you will see in this report, we have invested more than $30 billion in research and development over the past 20 years to deliver best-in-class innovation, including core technologies such as autonomy, alternative fuels, connectivity, digital, and electrification.
The growing global demand for energy requires investments in grid modernization, global infrastructure and diverse energy sources. This will boost interest in a variety of Caterpillar products and services, expanding opportunities for long-term profitable growth.
United by Our Values in Action, Caterpillar employees are the driving force behind our century of achievements, and our team is equally committed to making a positive impact on others. Through the Caterpillar Foundation, we have been improving lives around the globe since 1952, investing more than $975 million to support communities worldwide.
It is an honor to lead our incredible team as CEO and celebrate this remarkable milestone of 100 years of Caterpillar. Innovation is not only our legacy but also our path forward. We take pride in helping our customers build a better, more sustainable world and are well-positioned to shape an even brighter future.
Joseph E. Creed
Chief Executive Officer
