Our success contributes to the social stability of regions around the world. Caterpillar and our employees focus on contributing time and resources to promoting the health and welfare of communities in which we work and live. We conduct our business in a manner that respects human rights individually.
Employees are encouraged to actively engage in activities that contribute to the betterment of society through volunteering time and talents or investing monetary resources in worthwhile community projects and initiatives. In addition, Caterpillar supports the Caterpillar Foundation, which has been dedicated to transforming lives in communities around the world since 1952. The Foundation’s mission is to alleviate poverty, and it champions programs that support education, environment and basic human needs.
One of the biggest differences between a developing nation and a developed nation is reliable access to energy. Lack of access to modern energy services hinders economic and social development, making it more difficult to provide water purification, sanitation and education. Today, technology and natural resources exist to rapidly expand energy access, but the challenge is accomplishing this in an effective and efficient manner. To increase energy access, we believe:
- Access to affordable and dependable energy resources is critical for energy security, economic prosperity and growing economies. Caterpillar supports balanced and comprehensive energy policies for the responsible development and utilization of all energy resources, including traditional sources of energy and expanded use of alternative energy technologies.
- No single solution can provide abundant, reliable, secure and reasonably priced energy on a global basis. Market-based, cost-efficient energy solutions are the best way to help meet the world’s growing energy demands.
- Political and industry leadership is required to forge consensus and a commitment to providing energy and related infrastructure that address economic development, stability and environmental impacts.
- When regulation is necessary, regulatory structures should provide a technology-neutral and level playing field that embraces competition and in which Caterpillar, our independent dealers and our customers can operate.
- We support the development and use of strategies and technologies to increase energy efficiency and reduce emissions.
Energy diversification – such as coal in combination with carbon capture and storage, new nuclear buildouts, new natural gas reserves, plus renewable energy sources like biogas, wind, photovoltaic or solar, tidal and others – will contribute to an energy portfolio that helps eliminate energy poverty, raises standards of living and propels economic growth with less impact on the environment. Eliminating energy poverty is a vision that can be achieved.
Caterpillar and our products support economic growth around the world, both in developed countries, where aging networks need improvement, and emerging markets, where new infrastructure is required. Our products help ensure that investments in transportation, energy, telecommunications, waste and water infrastructure produce maximum benefits. We support these investments as key enablers for sustainable development, economic growth, competitiveness and long-term job creation.
Our facilities in more than 60 countries provide quality jobs and opportunities for the people in those locations. At the end of 2017, Caterpillar had approximately 98,400 full-time employees, which accounts for only a fraction of the jobs directly associated with Caterpillar, typically represented by our flexible workforce, extended dealer network and supply chain. In addition to the direct economic contributions to the local economies associated with employee, dealer and supplier compensation and other operating expenditures, additional indirect and induced contributions occur as a result of spending by the employees, dealers, suppliers and customers who visit our facilities throughout the world.
to the U.S. Economy in 2016
spent in manufacturing, another$1.89
is added to the economy
Higher earnings manufacturing versus nonmanufacturing
As the company and its customers work to build traditional infrastructure, the Caterpillar Foundation is focused on building human infrastructure through strategic investments and collaborations focused on alleviating poverty and making sustainable, scalable progress possible for all. As a company, we collaborate across our value chain to develop programs that provide job training and increase workplace safety. Globally, our employees generously volunteer their time, skills and talents to achieve significant community impact where they work and live.
The Caterpillar Foundation is on a mission to help 50 million people rise out of poverty by 2020. We believe no one individual or organization can do this work alone – collaboration among businesses, non-profits, governments and citizens is key, and working together is the only way to create sustainable change.
How We Make a Difference – The Caterpillar Foundation
Restoring natural infrastructure while improving the quality of life as it relates to poverty
Numeracy and literacy, improving academic outcomes, financial literacy and workforce readiness
Food, water, shelter, energy and disaster relief
people on the path to prosperity by 2020.
Number of people in millions
The Caterpillar Foundation impacts people through our non-profit partners’ work on the ground to directly address the root causes of poverty. Since 2013, we have helped put more than 46.5 million people on the path to prosperity.
2017 Community Investments
2017 Caterpillar Foundation
Matching Gifts Program1
2017 United Way