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Cargotec is a technology leader with strong market positions in all our business areas Kalmar, Hiab and MacGregor. We have leading brands in markets with long term growth potential. Several megatrends support our businesses.
Our strategy breakthrough objectives are sustainability and profitable growth. Our vision is to become the global leader in sustainable cargo flow.
Cargotec places high value on sustainability. We have an active and open dialogue with our investors on sustainability topics through calls, meetings and webcasts. We also provide comprehensive information about our sustainability efforts and performance in our interim and annual reports and on our website.
Sustainability is at Cargotec’s core. Our vision is to be the global leader in sustainable material flow. Breakthrough objectives in our strategy are sustainability and profitable growth. In concrete terms, Cargotec aims to reduce the CO2 emissions of its value chain by 1 million tons by 2024.
We also want to do our part to limit global temperature rise. Therefore, in 2020, Cargotec committed to UN business ambition for 1.5°C to mitigate climate change. Cargotec’s commitment is to reduce the absolute emissions by becoming carbon neutral in its own operations and reducing the value chain greenhouse gas emissions by 50 percent by 2030 from a 2019 base year.
We see sustainability as an inspiring business opportunity and strive to create long-term shareholder value. The need for increasing efficiency in the industry is a major business potential for Cargotec, while at the same time it means decreasing emissions. The future growth in our business comes from increasing demands for operational efficiency, the proliferation of lifetime solutions and from increasing cargo volumes.
On the other hand, we need to ensure transparent and fair corporate governance, efficient environmental and health & safety management practices, efficient non-compliance programmes and clear supplier management processes to have a license to operate in a more sustainability-driven market.
In 2020, our eco portfolio solutions already constituted almost a quarter of our total sales. This clearly shows that in terms of safety, emission mitigation and productivity, our customers see the benefits they can achieve with these solutions.
Cargotec is a pioneer in eco-efficient product design and efficiency-driving solutions. We have created a product group which consists of products and services that enhance customers’ sustainability with tangible environmental benefits.
Customers benefit from using our products and solutions as they enable decreased fuel consumption, reduced emissions and increased operational efficiency, resulting in less container moves and thus, minimised environmental impact per moved container.
