Caterpillar faces lower sales outlook amid global tensions and tariffs, as investors and countries pull back over Gaza and arms links.
Dutch pension fund ABP has sold its shares in Caterpillar, citing concerns over the company's involvement in Gaza amid the Israel-Hamas conflict. The move follows similar divestments by Norway’s sovereign wealth fund and Danish pension fund AkademikerPension, reflecting growing ethical scrutiny of companies linked to military and conflict zones.