Caterpillar Inc. (NYSE: CAT) has been ranked 73 on Newsweek’s Green Rankings out of 500 companies listed. Caterpillar was listed as #5 in the Industrial Goods sector. The company’s rankings are based on their environmental policies, practices and overall reputation.
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Caterpillar is working on progress towards their goals in 2020. Included in the write up of the company was the work they are doing to decrease the carbon footprint of their equipment and plans to reduce their greenhouse gas emissions of its entire product line by 20% and its facilities by 25% by 2012.
About Caterpillar
For more than 80 years, Caterpillar Inc. has been making progress possible and driving positive and sustainable change on every continent. With 2008 sales and revenues of $51.324 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. The company also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services and Progress Rail Services.
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