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Caterpillar Highlights Progress Via 2021 Sustainability Report – $DIA $CAT

By John F. Heerdink, Jr.

Reportedly, Caterpillar, Inc. (CAT) released its Sustainability Report describing the company’s progress helping customers build a better, more sustainable world. The 2021 Sustainability Report outlines Caterpillar’s approach to environmental, social and governance (ESG) issues. The report also lays the company’s focus on sustainability as part of its strategy for long-term profitable growth.

“Our long-standing commitment to sustainability inspires us to continue reducing greenhouse gas emissions from our operations while also developing innovative products, technologies and services to help our customers achieve their climate-related objectives. We’re pleased to highlight our progress as we contribute to a reduced-carbon future,” stated Caterpillar Chairman and CEO Jim Umpleby.

Highlights from the report:

  •  Caterpillar to disclose estimated Scope 3 greenhouse gas emissions (GHG) beginning in 2023.
  • Commitment to use the Task Force on Climate-Related Financial Disclosures framework with a focus to enhance the company’s sustainability reporting beginning in 2023.

  • Progress toward Caterpillar’s 2030 sustainability goals, as well as product stewardship in support of its customers’ climate-related objectives.

Dow 30 Component Caterpillar, Inc. (CAT) is the world’s chief manufacturer of diesel and natural gas engines, construction and mining equipment, industrial gas turbines, and diesel-electric locomotives. Caterpillar, Inc. also works to make sustainable progress possible and contributes to driving positive change on every continent. To learn more about Caterpillar, Inc. (CAT) and to continue to track its progress please visit the Vista Partners Caterpillar, Inc. Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Caterpillar Updates Enterprise Strategy with Focus on Sustainability, Reports One-Year Progress on 2030 Sustainability Goals in PR Newswire)


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