Caterpillar 2013 Annual Report Download - page 44

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CATERPILLAR INC. 2013 YEAR IN REVIEW
42
CONSTRUCTION INDUSTRIES
Feature Story
Headline
LAW AND PUBLIC POLICY
Supporting Girls
Today So They Can
Lead Tomorrow
Caterpillar enables the growth of our world through infrastructure and
energy development. Our solutions support communities and protect
the planet, and the Caterpillar Foundation shares these values in the
communities where we live and work. The Caterpillar Foundation
believes girls and women hold the key to addressing the world’s tough-
est challenges. By focusing on turning the spiral of poverty into a path
to prosperity by investing in those proven to yield the best results –
women and girls – the Foundation makes sustainable progress possible.
The Caterpillar Foundation works with the United Nations Foundation
to impact people and communities in need. The UN Foundation’s “for
girls, by girls” Girl Up campaign motivates and trains thousands of girls
in the U.S. to become global leaders and to advocate for girls around
the world.
With this partnership, girls are given the opportunity to become educated
and are empowered to be healthy, safe, and leaders in their communities.
According to Girl Up, there are more than 600 million adolescent girls
living in developing countries today who struggle for the opportunity
to attend school, obtain medical care or be involved in community life.
According to the UN Foundation, today more than 66 million school-age
girls do not attend school, 496 million over the age of 15 cannot read or
write and 33 million fewer girls than boys attend primary school world-
wide. Removing the barriers that girls face in accessing education –
hurdles that boys are less likely to encounter – is the primary focus of
the Foundation’s investment in the Girl Up campaign.
The Caterpillar Foundation is investing in the programmatic work of
Girl Up to help bring awareness to the challenges of educating girls
through the work of the United Nations. According to the UN Foundation,
an educated girl can break the cycle of poverty within a single gener-
ation, and an extra year of school boosts girls’ eventual wages by
10
to
25
percent. When the number of girls attending school increases by
10 percent, a nation’s Gross Domestic Product (GDP) increases
by 3 percent. A typical girl who receives an education reinvests
90 percent of her income in her family and local community.
For these reasons and others, we believe girls and women in every
geographic region will be essential contributors to a more equitable
and prosperous tomorrow. The Caterpillar Foundation continues to
invest in innovative programs that offer girls the necessary opportunities
to lead the next generation. The progress of our company and world
depends on their future.
Caterpillar Inc. supports the philanthropic efforts of the Caterpillar
Foundation. Founded in 1952, the Caterpillar Foundation has contributed
more than $550 million, including $58 million in 2013, to help make
sustainable progress possible around the world by providing program
support in the areas of environmental sustainability, access to educa-
tion and basic human needs.
Read more about the Caterpillar Foundation on page 60.
(Left) Photo courtesy of INSIDER IMAGES/Stuart Ramson for the UN Foundation.
(Right) Photo courtesy of Nathan Mitchell.
Photo courtesy of INSIDER IMAGES/Stuart Ramson for the UN Foundation.