Caterpillar Named to Dow Jones Sustainability Indexes for the Twelfth Consecutive Year
PEORIA, Ill., Sept. 27, 2012 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) has been named to the 2012-2013 Dow Jones Sustainability Indexes (DJSI). This is the twelfth straight year that Caterpillar has been recognized as a sustainability leader in the Industrial Engineering sector.
Launched in 1999, the annual DJSI process involves a thorough analysis of corporate economic, environmental and social performance factors, assessing issues such as corporate governance, risk management, product stewardship, innovation, climate and energy strategy, supply chain and labor practices.
"We are laser focused on our customers, and our customers are focused on sustainability. Our inclusion on the DJSI for the twelfth consecutive year confirms that we are making sustainable progress possible," said Doug Oberhelman, Caterpillar Chairman and CEO.
"As I talk with customers, they consistently tell me that sustainability is one of their major concerns," continued Oberhelman. "And that's why we strive to provide more sustainable solutions for our customers."
Sustainable Development for Caterpillar means leveraging technology and innovation to increase efficiency and productivity with less impact on the environment and helping customers do the same – enabling their businesses to become more productive by providing products, services and solutions that use resources more efficiently.
Caterpillar's annual sustainability report further explains the company's focus on sustainability. The 2011 Sustainability Report underscores how Caterpillar and its customers play a major role in satisfying the world's increasing demand for reliable energy sources and clean, more efficient energy use. Caterpillar's sustainability reports can be viewed on the company's website at www.caterpillar.com.
For more than 85 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. With 2011 sales and revenues of $60.138 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 also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services and Progress Rail Services. More information is available at: http://www.caterpillar.com.
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 economic conditions and economic conditions in the industries and markets we serve; (ii) government monetary or fiscal policies and infrastructure spending; (iii) commodity or component price increases and/or limited availability of raw materials and component products, including steel; (iv) our and our customers', dealers' and suppliers' ability to access and manage liquidity; (v) political and economic risks and instability, including national or international conflicts and civil unrest; (vi) our and Cat Financial's ability to: maintain credit ratings, avoid material increases in borrowing costs, and access capital markets; (vii) the financial condition and credit worthiness of Cat Financial's customers; (viii) inability to realize expected benefits from acquisitions and divestitures, including the acquisition of Bucyrus International, Inc.; (ix) international trade and investment policies; (x) challenges related to Tier 4 emissions compliance; (xi) market acceptance of our products and services; (xii) changes in the competitive environment, including market share, pricing and geographic and product mix of sales; (xiii) successful implementation of capacity expansion projects, cost reduction initiatives and efficiency or productivity initiatives, including the Caterpillar Production System; (xiv) sourcing practices of our dealers or original equipment manufacturers; (xv) compliance with environmental laws and regulations; (xvi) alleged or actual violations of trade or anti-corruption laws and regulations; (xvii) additional tax expense or exposure; (xviii) currency fluctuations; (xix) our or Cat Financial's compliance with financial covenants; (xx) increased pension plan funding obligations; (xxi) union disputes or other employee relations issues; (xxii) significant legal proceedings, claims, lawsuits or investigations; (xxiii) compliance requirements imposed if carbon emissions legislation and/or regulations are adopted; (xxiv) changes in accounting standards; (xxv) failure or breach of IT security; (xxvi) adverse effects of natural disasters; and (xxvii) other factors described in more detail under "Item 1A. Risk Factors" in our Form 10-K filed with the SEC on February 21, 2012 for the year ended December 31, 2011. This filing is available on our website at www.caterpillar.com/secfilings.
SOURCE Caterpillar Inc.