Caterpillar Inc. 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% of the industry, with performance expectations increasing annually.
"Caterpillar continues to seize opportunities to make our products and operations more sustainable and efficient," says 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.