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Required fields First-quarter 2021 profit per share was USD2.77, compared with USD1.98 profit per share in the first quarter of 2020. Profit per share for both quarters included restructuring costs, while the first quarter of 2020 also included a pre-tax remeasurement gain of USD254 million, or USD0.38 per share, resulting from the settlement of a non-U.S. pension obligation. Profit for the first quarter of 2021 was USD1.530 billion, an increase of USD438 million, or 40 percent, compared with USD1.092 billion for the first quarter of 2020. The increase was mostly due to higher sales volume. The absence of a remeasurement gain resulting from the settlement of a non-U.S. pension obligation that occurred in the first quarter of 2020 and higher selling, general and administrative (SG&A) and research and development (R&D) expenses were offset by favorable impacts from foreign exchange (gains) losses, unrealized gains (losses) on marketable securities at Insurance Service
Caterpillar Announces New 2030 Sustainability Goals and Reports Environmental, Social and Governance (ESG) Progress
New goals centered on climate, environment and safety
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DEERFIELD, Ill., May 11, 2021 /PRNewswire/ Caterpillar Inc. (NYSE: CAT) illustrates how it continues to help its customers build a better, more sustainable world in its 2020 Sustainability Report published today. In addition to highlighting the company s progress through 2020, the report introduces Caterpillar s new sustainability goals to achieve by 2030. Caterpillar is well-positioned to continue improving the quality of the environment and communities by helping our customers fulfill society s basic needs such as shelter, clean water, education and reliable energy, in a sustainable way, said Caterpillar Chairman and CEO Jim Umpleby. We are demonstrating our commitment to a reduced-carbon future in many ways, including through our significant progres
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DEERFIELD, Ill., May 6, 2021 /PRNewswire/ Caterpillar Inc. (NYSE: CAT) and the Caterpillar Foundation, the company s philanthropic arm, announced today a series of targeted relief efforts to support countries struggling with a significant rise of COVID-19 cases.
As part of the Caterpillar Foundation s ongoing response to COVID-19 and commitment to building stronger, more resilient communities, it is collaborating with partners and relief organizations to provide essential medical supplies and improve equitable access to vaccines. Supporting communities in need around the world aligns with the Caterpillar Foundation s strategy and our company s values, said Caterpillar Chairman and CEO Jim Umpleby. Through partnering with relief organizations, the generosity of our employees and the Foundation s platform, we are helping fight the spread of COVID-19 and give front-line workers resources to act quickly and save lives.
A long-standing CIM tradition, the highly anticipated program recognizes outstanding contributions made by the industry s finest in several different categories, including safety, exploration, sustainability and career excellence. Included in the delegate s registration, program attendees will be entertained by Colin Cloud, aka the forensic mind reader, of America s Got Talent fame. We are honored, once again, to be associated with this special program that acknowledges those in the industry whose dedication and talents advance the positive impact mining plays in society, said Marc Cameron, vice president, Resource Industries, Caterpillar. We also look forward to contributing to the plenary discussion and technical programs and are excited to show delegates how working together, we are mining better.