Keep America Beautiful Honors Caterpillar with Vision for America Award for Corporate Commitment to Sustainability
STAMFORD, CT Keep America Beautiful, the nation's leading nonprofit that envisions a country that is a clean, green and beautiful place to live, honored Caterpillar Inc. and its Chairman and CEO, Doug Oberhelman, with the 2015 Vision for America Award.
Jennifer M. Jehn, President and CEO, Keep America Beautiful, said, "Keep America Beautiful commends Caterpillar for its corporate commitment to sustainability and its significant progress toward its aggressive sustainability goals. Sustainability is firmly embedded as a core value at Caterpillar."
Oberhelman attended the annual award dinner to personally accept the Vision for America Award. In addition, Caterpillar hosted a national summit focused on natural infrastructure restoration as a precursor to the Vision for America Award Dinner.
Caterpillar has a robust corporate sustainability effort focused on preventing waste, reducing resource consumption, and developing better systems through innovation.
"I am proud to accept this award from Keep America Beautiful. I'm honored by what this award represents - that Caterpillar is a company our people can be proud to work for," said Oberhelman in accepting the Award. "As the world's population increases, demand for resources and infrastructure will increase, too. Sustainable progress to meet these needs and support economic growth will remain absolutely necessary."
Caterpillar recognizes that sustainable progress represents a balance of environmental stewardship, economic growth and social responsibility. Working toward aggressive sustainability goals, Caterpillar's tremendous progress motivates its employees to continue working toward its vision. For example:
Eighteen percent of 2014 sales and revenues were derived from products, services and solutions with an improved sustainability benefit.
From 2006 to 2014, Caterpillar's facilities have reduced greenhouse gas (GHG) emissions intensity by 38 percent. And energy intensity of its operations decreased 28 percent from 2006 to 2014.
Caterpillar recycled 90.6 percent of its by-product materials in 2014.
The Vision for America Award Dinner Chairman Jay Timmons, President and CEO of the National Association of Manufacturers (NAM), presented the Award to Oberhelman, who served as Chairman of the NAM Board of Directors from 2013 through 2014.
"Caterpillar has demonstrated an unwavering commitment to sustainability and the belief that conservation isn't just good for business, it's good for the world," said Timmons. "Doug knows the best way to lead meaningful change is to lead by example, and indeed many are following his example."