Executive Summary
This Procedure applies to the entire Enterprise unless otherwise stated.
Caterpillar Inc., its subsidiaries and its controlled affiliated entities (“Caterpillar”) are committed to the highest standards of ethics, security and business practices. In order to consistently maintain these standards across the Enterprise, Caterpillar uses a defined, risk-based process to conduct thorough due diligence on third party intermediaries with which it conducts business. This includes both new and pre-existing third party intermediaries. This process is designed to mitigate the risk that Caterpillar is harmed by the misconduct of those with whom it does business. Caterpillar will not do business with any third party intermediary whose business practices, real or perceived, are not aligned with those of Caterpillar.
Accordingly, before engaging or renewing any third party intermediary to conduct business on behalf of Caterpillar or before engaging in any business transaction with any third party intermediary, Caterpillar personnel must comply with this Procedure. To the extent this Procedure conflicts with any existing local or business unit procedures related to the engagement of third party intermediaries, this Procedure controls.
Office of Business Practices
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Content Owner: Vickie L. Masters