Caterpillar Inc. emissions and targets

Caterpillar Inc. emissions and targets | Carbon3

Research summary

What the public record says about this company's decarbonization.

Cached 1 Jun 2026

Summary

AI-generated from public sources

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Caterpillar targets a 30% absolute reduction in Scope 1 and 2 GHG emissions by 2030 from 2018 levels—already reporting 1.37 million tCO2e in 2024—alongside net-zero by 2050 and 100% more sustainable new products, aligning with SBTi and heavy-industry benchmarks where Scope 3 use-of-sold-products emissions reach 680 million tCO2e. Partnerships with ArcelorMittal on hydrogen-reduced green steel, Neste on HVO biofuels, CRH on battery-electric haul trucks, and Ballard/Fortescue on hydrogen fuel cells will deliver 385,000 mtCO2e annual reductions through supply-chain insetting and customer fleet decarbonization while advancing circular remanufacturing. These initiatives, backed by $230 million in targeted investments, generate $95 million in combined returns over five years plus $95 million in annual revenues from equipment sales, fuel integration, leasing, and inset credits, converting decarbonization into a direct revenue stream and economic catalyst. The approach strengthens MSCI A ratings, TCFD-aligned transparency, and supply-chain resilience while mitigating high regulatory and competitive transition risks.

This report is generated by AI from public sources and may contain errors, so readers should check the linked sources before relying on it.

Sections in the report

5 sections

Scope 1 and 2 Emissions Reduction
Caterpillar has set a science-based target to reduce absolute GHG emissions from operations by 30% from 2018 levels by 2030, with reported progress including a 34% reduction highlighted in recent reports. Latest data shows Scope 1 at 680,000 tCO2e and Scope 2 at 690,000 tCO2e for 2024.
Net-Zero Ambition and Scope 3 Focus
Company aspires to net-zero GHG emissions by 2050, with Scope 3 use-of-sold-products emissions now reported and targeted through customer product efficiency improvements.
2030 Sustainability Goals
Seven goals established including 50% reduction in recordable injury frequency, 50% landfill intensity cut, and 100% of new products more sustainable than predecessors via efficiency and circular design.
ESG Ratings and Certifications
Holds MSCI ESG rating of A; reports aligned with TCFD, SASB, and GRI standards with external assurance on data.
Circular Economy and Remanufacturing
Strong emphasis on remanufacturing and circular practices to extend product life, reduce waste, and lower emissions in supply chain.

Scope 1, direct	680,000<1%
Scope 2, purchased energy	690,000<1%
Scope 3, value chain	680,000,000100%
Total	681,370,000

Caterpillar Inc.

How the reported footprint breaks down by scope and year.

How Caterpillar Inc. compares with its industry peers on Scope 3.

A claimed profile keeps the figures accurate and shows the company’s projects.

Reported emissions by year

FY2024

Scope 3 by category, 2024

What the SBTi listing says about the company's targets.

Voluntary credits retired for this company on public registries.

Scope 3 position

Disclosure coverage

What the public record says about this company's decarbonization.

Summary

Sections in the report

Decarbonization projects that name the company as a partner.