For the sixth consecutive year, Caterpillar Inc. has been selected as a member of the Dow Jones Sustainability World Index (DJSI World). DJSI uses a best-in-class approach designed to identify best practices across the economic, social and environmental dimensions of corporate sustainability.
"This is truly an honor. Not only are we excited to be recognized for our strong focus on sustainability, but this year Caterpillar also proudly leads our sector with the best overall score among industrial engineering companies," said Ali M. Bahaj, Caterpillar chief ethics and compliance officer with responsibility for the company's sustainable development initiatives and environmental, health and safety performance.
For each industry, the DJSI creates specific questions to reflect unique sustainability challenges. Each of the Dow's 2,500 companies was invited to take part in the comprehensive assessment, and only 318 companies met the standards for listing on the DJSI World.
Launched in 1999, the DJSI World is the first global index to track with an external auditor the financial performance of the leading sustainability-driven companies worldwide. Research for the DJSI World is conducted by the SAM Group, an independent asset management company specializing in sustainability investments.
"Caterpillar continues to be a leader in the social dimension with strong, consistent scores related to hiring, retaining, and developing its employees. Other areas of strength include strong risk management and superior product stewardship," said Carl-Johan Francke, equity analyst with the SAM Group.
Caterpillar, jointly with its dealers, works with customers to provide sustainable solutions in industries and applications that span the globe. Customers use Cat machines, engines and services to provide access to clean water, reliable energy and needed infrastructure, improving the standard of living around the world.
For more than 80 years, Caterpillar Inc. has been making progress possible and driving positive and sustainable change on every continent. With 2005 sales and revenues of $36.339 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines.
