Our board of directors has direct oversight of our climate and sustainability efforts. Recognizing the increasing complexity and stakeholder interest in climate, sustainability, and other ESG issues, in 2022, the board created the Sustainability & other Public Policy Committee (SPPC) to oversee all the public policy matters previously overseen by the Public Policy and Governance Committee. In addition, the SPPC has explicit oversight over sustainability, social and other public policy matters, including those related to the environment, climate change, human rights and lobbying.
Management’s sustainability governance includes our CEO and all executive officers who report directly to the CEO, including the Chief Sustainability Officer.
Additional information about Caterpillar’s corporate governance policies and procedures can be found in the governance section of our corporate website.