PEORIA, Ill., Sept. 12, 2016 /PRNewswire/ -- Caterpillar Inc.
(NYSE: CAT) has been named to the 2016 Dow Jones Sustainability
Indices (DJSI), including both the World and North American
indices. Marking the 17th time Caterpillar has been included in the
DJSI, Caterpillar leads its global peers in the Capital Goods
sector in the areas of innovation management, risk and crisis
management, labor practices and human rights, and corporate
citizenship and philanthropy.
Inclusion on the DJSI World indicates Caterpillar's
sustainability performance is in the top 10 percent of the
industry, with performance expectations increasing annually.
"Caterpillar continues to seize opportunities to make our
products and operations more sustainable and efficient," said
Doug Oberhelman, Caterpillar
Chairman and CEO. "We remain committed to sustainability because we
want to help build a better world, and because we know it is
essential for profitability in our operations and our
customers'."
Among Caterpillar's 2016 sustainability successes, the company
led the industry sector in four key indicators including:
- A strong process for innovation, from research to development
of new and improved products.
- Implementation of a robust global human rights policy and
transparency of labor practices.
- Comprehensive enterprise risk and crisis management policies
and practices.
- Integrated management of philanthropic work and strong
commitment to community support.
The annual DJSI process follows a best-in-class approach,
evaluating numerous corporate economic, environmental and social
performance factors, such as innovation management, supply chain
management, climate strategy, product stewardship, labor practices
and health and
safety.
For more on Caterpillar's sustainability progress, read the 2015
Sustainability Report at caterpillar.com/sustainability-report.
About Caterpillar
For 90 years, Caterpillar Inc. has
been making sustainable progress possible and driving positive
change on every continent. Customers turn to Caterpillar to
help them develop infrastructure, energy and natural resource
assets. With 2015 sales and revenues of $47.011 billion, Caterpillar is the world's
leading manufacturer of construction and mining equipment, diesel
and natural gas engines, industrial gas turbines and
diesel-electric locomotives. The company principally operates
through its three product segments - Construction Industries,
Resource Industries and Energy & Transportation - and also
provides financing and related services through its Financial
Products segment. For more information, visit
caterpillar.com. To connect with us on social media, visit
caterpillar.com/social-media.
Forward-looking Statements
Certain statements in this
press release relate to future events and expectations and are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Words such as "believe,"
"estimate," "will be," "will," "would," "expect," "anticipate,"
"plan," "project," "intend," "could," "should" or other similar
words or expressions often identify forward-looking statements. All
statements other than statements of historical fact are
forward-looking statements, including, without limitation,
statements regarding our outlook, projections, forecasts or trend
descriptions. These statements do not guarantee future performance,
and we do not undertake to update our forward-looking
statements.
Caterpillar's actual results may differ materially from those
described or implied in our forward-looking statements based on a
number of factors, including, but not limited to: (i) global and
regional economic conditions and economic conditions in the
industries we serve; (ii) government monetary or fiscal policies
and infrastructure spending; (iii) commodity price changes,
component price increases, fluctuations in demand for our products
or significant shortages of component products; (iv) disruptions or
volatility in global financial markets limiting our sources of
liquidity or the liquidity of our customers, dealers and suppliers;
(v) political and economic risks, commercial instability and events
beyond our control in the countries in which we operate; (vi)
failure to maintain our credit ratings and potential resulting
increases to our cost of borrowing and adverse effects on our cost
of funds, liquidity, competitive position and access to capital
markets; (vii) our Financial Products segment's risks associated
with the financial services industry; (viii) changes in interest
rates or market liquidity conditions; (ix) an increase in
delinquencies, repossessions or net losses of Cat Financial's
customers; (x) new regulations or changes in financial services
regulations; (xi) a failure to realize, or a delay in realizing,
all of the anticipated benefits of our acquisitions, joint ventures
or divestitures; (xii) international trade policies and their
impact on demand for our products and our competitive position;
(xiii) our ability to develop, produce and market quality products
that meet our customers' needs; (xiv) the impact of the highly
competitive environment in which we operate on our sales and
pricing; (xv) failure to realize all of the anticipated benefits
from initiatives to increase our productivity, efficiency and cash
flow and to reduce costs; (xvi) additional restructuring costs or a
failure to realize anticipated savings or benefits from past or
future cost reduction actions; (xvii) inventory management
decisions and sourcing practices of our dealers and our OEM
customers; (xviii) compliance with environmental laws and
regulations; (xix) alleged or actual violations of trade or
anti-corruption laws and regulations; (xx) additional tax expense
or exposure; (xxi) currency fluctuations; (xxii) our or Cat
Financial's compliance with financial covenants; (xxiii) increased
pension plan funding obligations; (xxiv) union disputes or other
employee relations issues; (xxv) significant legal proceedings,
claims, lawsuits or government investigations; (xxvi) changes in
accounting standards; (xxvii) failure or breach of IT
security; (xxviii) adverse effects of unexpected events
including natural disasters; and (xxix) other factors described in
more detail under "Item 1A. Risk Factors" in our Form 10-K filed
with the SEC on February 16, 2016 for
the year ended December 31, 2015.
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SOURCE Caterpillar Inc.