EXECUTIVE SUMMARY CATERPILLAR TO BEGIN REPORTING SCOPE 3 GHG EMISSIONS DATA IN 2023 CATERPILLAR’S APPROACH TO GHG EMISSIONS Also in 2021, we further emphasized our commitment to reducing Caterpillar supports the goals of the Paris Agreement to limit global product-related emissions by disclosing an additional new goal temperature rise, and we are committed to contributing to a reduced- that 100% of our new products through 2030 will be more sustainable carbon future. We demonstrate our commitment by setting targets than the previous generation. and disclosing progress toward greenhouse gas (GHG) emissions In 2023, Caterpillar will provide our first-ever public disclosure of reduction goals. We announced our first sustainability goals in 2006 estimated Scope 3 emissions data (including for Category 11 – Use and refined them in 2013 to include a 50% reduction in Scope 1 and 2 of Sold Products), utilizing the Greenhouse Gas Protocol for reporting. GHG emissions intensity from 2006 to 2020. We actually achieved a Also of note, our first TCFD report will also be published in 2023. 51% reduction against this goal. We will continue to be transparent about our goals, progress and In 2021, we set seven new sustainability goals for 2030. Among them is innovations and are committed to continue enhancing our climate a new goal to further reduce absolute Scope 1 and 2 GHG emissions and sustainability disclosures. by 30% between 2018 and 2030. At Caterpillar, we have a legacy of providing products and services that continually improve the quality of life and the environment by fulfilling society’s need for infrastructure including shelter, clean water, transportation and reliable energy – in a sustainable way. In 2021, we released our Climate & Energy Statement, which reflects our commitment to contributing to a reduced-carbon future. Click here to read our updated CLIMATE & ENERGY STATEMENT. 4