In addition to the 2022 Sustainability Report, we are also pleased to publish our inaugural Task Force on Climate-related Financial Disclosures (TCFD) Report.

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About this Report

The reporting period is the 2022 calendar year, which is also Caterpillar’s fiscal year. Caterpillar is headquartered in Irving, Texas.

This report has been prepared in accordance with the Sustainability Accounting Standards Board (SASB), as well as with reference to the Global Reporting Initiative Universal Standards. SASB publishes sector-specific reporting standards based on expert input, and Global Reporting Initiative (GRI) publishes reporting standards based on company-conducted materiality assessments, both designed to help businesses to identify the sustainability issues of highest importance to investors and most relevant in their industry. In addition, we have published our inaugural TCFD Report, which 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. Our sustainability efforts and approach is consistent with the UN SDGs.

Given the breadth of our products, services and solutions, our advocacy on behalf of policies that enable sustainable development and the Caterpillar Foundation’s effort to build resilient communities, Caterpillar and our customers are helping build a more sustainable future. The contents of this report represent the products and operations of Caterpillar Inc. and its subsidiaries where we have a controlling financial interest. Where noted, certain information relates to Caterpillar’s independent dealer network and supplier network. Caterpillar and subsidiary brands are listed on our website. Caterpillar’s environmental and safety metrics for operations are consolidated based on the Greenhouse Gas Protocol “operational control” approach. Environmental data excludes office locations with fewer than 500 employees and minor operations with fewer than 50 employees that will not have a significant impact on reported metrics. Safety data includes employees and agency workers in Caterpillar workplaces.

ERM Certification and Verification Services, Inc. (ERM CVS) has conducted independent assurance of selected environmental and safety data, including Scope 3 emissions. To understand the scope, activities and conclusions of the assurance process, please see the ERM CVS Assurance Statement.

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