No supplier is required to buy Caterpillar products in order to compete for business or to continue as a supplier. Insights gained from the workshop were combined with the survey results to refine and prioritize topics that were deemed material from a sustainability perspective.
We avoid those who violate the law or fail to comply with the sound business practices we embrace. They want be leaders in ethics. Learn more about the Caterpillar Foundation Focus Areas As part of our work in sustainable development, we have identified a set of focus areas that intersect with our business and that guide our thinking as we make day-to-day business decisions.
We do reserve the right, consistent with applicable law, to require suppliers to use Caterpillar equipment when performing work on Caterpillar premises and where Caterpillar offers a product appropriate for the work being performed.
We will write a custom essay sample on Caterpillar Ethics or any similar topic only for you We will write a custom essay sample on Caterpillar Ethics. Evaluation Survey results were discussed in a workshop that included our External Sustainability Advisory Board, as well as several Caterpillar vice presidents, selected Caterpillar leaders with sustainability responsibilities, our Sustainable Development team and our chairman and CEO at the time.
This assessment process included: The values it stresses are integrity, excellence, teamwork, commitment. Resource Industries Supports customers who mine and extract mineral resources. Personal Ethics Caterpillar has a worldwide Code of Conduct.
Assessment The engagement process included a survey of more than customers, employees, shareholders, dealers, suppliers, nongovernmental organizations, trade organizations and academia to identify the sustainability topics most influential to them in their decisions about Caterpillar.
Prioritization Stakeholders universally agreed that all 35 topics identified were important, but identified several topics as among the most important to manage on a continuing basis. We look for suppliers and business allies who demonstrate strong values and ethical principles and who support our commitment to quality.
They feel that compliance within the laws are not sufficient. Caterpillar Foundation Supports a variety of philanthropic efforts primarily related to protecting the environment, improving education, and providing for basic human needs.
We view suppliers as extensions of our company and an essential part of our extended value chain. Ethical Behavior Regarding the Environment Caterpillar strives to come up with solutions that improve their operations efficiency in a sustainable way.
They are known to have a value-based culture. Many of these areas are associated with our aspirational operational and product stewardship goals, while others represent areas impacting our long-term business and that are important to our various stakeholders.
They require all leaders within the company to be a role model and follow all of the rules with the Worldwide Code of Conduct. These focus areas were originally identified and validated as part of an assessment in and have been further refined, based on stakeholder input, over the past three years.
They understand the importance of diversity and strive to achieve all of the above values given a diverse world environment and despite their differences. Sustainable Development Goals Caterpillar engages with customers, communities, and policymakers to improve living standards and make sustainable development possible around the world.
These topics inform and direct future activities for strategic improvements. Internally, we surveyed Caterpillar executive officers, vice presidents and other key personnel to obtain insight from our strategic leaders as to the sustainability topics most important to the success of our business.
Identification A total of 35 sustainability topics were identified and surveyed, covering environmental, social and governance considerations, based on our existing strategy and goals, peer reviews and criteria in external indices and frameworks, such as the Dow Jones Sustainability Index and the Global Reporting Initiative.
Construction Industries Enables customers to build infrastructure — schools, roads, homes, airports and more — to raise living standards and economic opportunity.Oct 16, · Sustainability is part of who we are and what we do every day.
With digital at our core, we are building smarter, safer and stronger. Caterpillar Digital Technology and Sustainability in.
and technology to improve the sustainability performance of Caterpillar’s products, services, solutions and operations. We believe sustainable progress is. Caterpillar’s Views on Ethics and Sustainability Caterpillar, Inc. is indeed one of the World’s most Ethical companies. In it was listed in Ethisphere’s World’s Most Ethical (WME) Companies under Industrial Manufacturing.
Caterpillar’s Code of Conduct is a good example. The code is appropriately comprehensive without going too far into the weeds with legalistic explanations. What are good examples for corporate codes of conduct regarding ethical standards? Update Cancel. Answer Wiki. 2 Answers.
How effective is a code of ethics in preventing. Caterpillar's Digital Technology and Sustainability in Action With digital at our core, we are building smarter, safer and stronger.
For nearly 90 years, Caterpillar Inc. has been making sustainable progress possible and driving Caterpillar’s global presence, product breadth and major focus areas around Caterpillar’s sustainability goals, plus areas impacting our business long-term.Download