ESRS E1 - Climate change
Topic | Climate change |
Sub-topic | Climate change adaptation |
Sub-sub-topic |
|
IRO | Risk |
Location | Own operations |
Time-frame | Medium-term |
Title | Risk of failure when transitioning to low-carbon technologies. |
Example | Transitioning to low-carbon technologies poses risks (financial, efficiency, failure) for machinery and equipment manufacturers. Caterpillar is investing in R&D for sustainable products in an attempt to mitigate this risk. |
Reference | Caterpillar Sustainability Report, 2023 |
ESRS E5 - Circular economy
Topic | Circular economy |
Sub-topic | Resource inflows, including resource use |
Sub-sub-topic |
|
IRO | Opportunity |
Location | Own operations |
Time-frame | Medium-term |
Title | Efficient material use allows for cost-savings. |
Example | Efficient and sustainable material use in machinery manufacturing can reduce costs and waste. Caterpillar is optimising its material use to enhance resource efficiency. |
Reference | Caterpillar Sustainability Report, 2023 |
ESRS S1 - Own workforce
Topic | Own workforce |
Sub-topic | Working conditions |
Sub-sub-topic | Work-life balance |
IRO | Impact - potential positive |
Location | Own operations |
Time-frame | Medium-term |
Title | Work-life balance increases business productivity. |
Example | Promoting work-life balance can improve employee satisfaction and productivity. The New York Times offers flexible working arrangements to support work-life balance. |
Reference | The New York Times Sustainability Report, 2023 |
ESRS S2 - Workers in the value chain
Topic | Workers in the value chain |
Sub-topic | Other work-related rights |
Sub-sub-topic | Child labour |
IRO | Impact - potential negative |
Location | Supply chain (upstream) |
Time-frame | Short-term |
Title | Monitoring labor rights in the supply chain reduces the risk of exploitation. |
Example | Without strict labor rights being enforced throughout the supply chain, there is potential for the exploitation of workers, including children. Caterpillar has programs to monitor and enforce labor rights at its suppliers' factories. |
Reference | Caterpillar Sustainability Report, 2023 |
ESRS G1 - Business conduct
Topic | Business conduct |
Sub-topic | Corruption and bribery |
Sub-sub-topic | Prevention and detection including training |
IRO | Impact - potential negative |
Location | Own operations |
Time-frame | Medium-term |
Title | Corruption in the media has the potential to cause widespread harm. |
Example | Corruption in the media holds great potential to negatively impact employees, customers, and wider communities. Unethical media and communication practices can have significant negative impacts on politics, the economy, and the environment. |
Reference | Coolset, 2024 |