Executive Summary

Men walking in front of solar panels
Men walking in front of solar panels

Sustainability Disclosure Milestones

Caterpillar committed to its shareholders to provide three new disclosures in 2023. In addition to these commitments, in response to shareholder engagement gathered throughout last year, we provided an additional, new lobbying report to further enhance transparency through our disclosures.

Task Force on Climate-related Financial
Disclosures (TCFD)

The TCFD Report aligns with the 11 recommended disclosures of the TCFD and summarizes how we govern our strategy to address climate-related risks and opportunities and support customers in the energy transition.

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Scope 3 Greenhouse Gas (GHG) Emissions

This report includes our first disclosure of Scope 3 emissions data for Category 11, use of sold products.

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ESG Incorporated into Incentive Plan for
Executive Officers

As described in our 2023 Proxy Statement, we incorporated environmental, social and governance (ESG) into our 2022 incentive plan for executive officers.

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Lobbying Report: The Purpose of Engagement

The lobbying report provides greater transparency and disclosure of our advocacy efforts and political engagements, including Climate Lobbying, as well as a description of the oversight and management of these activities.

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CS11 GC vibratory soil compactor