Caterpillar Focuses on Restoring World’s Natural Infrastructure
(3BL Media/Justmeans) – According to the UN estimates, 25 percent of the world’s land is highly degraded by now, and over 50 percent of all wetlands have been lost. However, it is possible to reverse this damage by reclaiming mines, re-building beaches, restoring rivers and re-planting forests. Soil restoration alone can help to eliminate 3.5 to 11 billion tons of carbon emissions annually by increasing carbon storage capacity.
Driven by nearly a century of commitment to creating a better world, Caterpillar has now published its latest Sustainability Report, “Building Better,” which highlights the company’s focus on building better lives, better communities and, ultimately, a better world. The report reveals how Caterpillar customers use the company’s equipment to develop infrastructure, energy and natural resource assets that improve living standards and make sustainable progress around the world.
Caterpillar CEO Jim Umpleby said that the company’s customers and dealers are investing to help address the world’s persistent challenges, such as resource and energy scarcity, poor sanitation, unsafe water and poverty.
A Collective Focus on Restoration
Caterpillar is working actively with stakeholders to find collaborative and innovative solutions to restoring the planet’s natural resources. A key product stewardship goal at Caterpillar is to leverage technology and innovation to improve sustainability of its products, services and solutions. This also means using its products to help conserve the environment.
The Caterpillar Foundation supports environmental programs that focus on restoring natural infrastructure while improving the quality of life as it relates to poverty. Areas of focus include natural resource management in economic growth and development, promoting soil conservation, reducing pollution, and encouraging reforestation.
Cat Reman focuses on the reclamation, recycling and reuse of parts and components, such as engines, into good-as-new ones. The process keeps materials, such as iron, in its value chain and out of landfills and is less energy-intensive than manufacturing a new machine.
Cat Rebuild programs increase the lifespan of equipment by providing customers with product updates for a fraction of the cost of buying a new machine. The company has seven primary remanufacturing facilities worldwide, and annually receives over 125 million pounds of end-of-life material.
Women in Leadership
Caterpillar has set ambitious targets to increase the mix of women to industry benchmark levels by 2022. These goals include increasing its total female workforce to 29 percent, a nine percent increase over its current population, and the number of female leaders to 25 percent, a six percent increase over the current composition of its leadership.
Cat Microgrids couple renewable energy generation with traditional generators for deployment to places where the grid is weak or does not reach. Caterpillar’s strategic alliance with First Solar is focused on development and distribution of Cat branded photovoltaic modules for incorporation into microgrid systems for use anywhere in the world.
Source: 3BL Media