NEWS ROOM
CATERPILLAR SIGNS SPONSORSHIP WITH NHL, ANNOUNCES OFFICE RELOCATION
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heavyequipmentguide.ca | JULY/AUGUST 2022
aterpillar Inc. has added yet another sport to its sponsorship roster, signing a multi-year global sponsorship with the National Hockey League (NHL) naming Caterpillar the official heavy equipment and industrial power sponsor of the NHL. Launching this fall, the sponsorship will focus on recognizing those who manufacture, sell, and operate Cat products and services. Caterpillar and its dealers may identify opportunities to assist the NHL by providing behind-the-scenes products and services to support NHL games and special events. The NHL will incorporate Cat products into NHL events by highlighting the company’s equipment and industrial power generators with TV-visible signage and in-arena branding at events. Along with the NHL agreement, June was a lively month for Cat, which also announced it will move its global headquarters to the company’s existing office in Irving, Texas, from its current location in Deerfield, Illinois. Caterpillar has had a presence in Texas since the 1960s across several areas of the company. Caterpillar will begin transitioning its headquarters to Irving in 2022. In addition, at Caterpillar’s annual general meeting, 96 percent of investors (based on the company’s preliminary tally) supported a shareholder resolution filed by As You Sow, Amalgamated Bank, Canada Post, and SHARE. The resolution asks management to release a report disclosing interim and long-term greenhouse gas targets aligned with the Paris Agreement’s goal of maintaining global temperature rise at 1.5 degrees Celsius and progress made in achieving those goals. Importantly, targets should cover Scope 3 emissions from use of products that combust fuels for operation, which account for a vast majority of value-chain emissions.
