Cargotec has committed to the United Nations Global Compact’s Business Ambition for 1.5°C to pursue science-based measures to limit global temperature rise to 1.5°C.
The 1.5°C ambition is a response to increasing concern about the severe consequences of a failure to stop global warming. By making this commitment, we strive to mitigate climate change through making the logistics industry more efficient and in developing solutions to enable a low-carbon economy. The commitment will be validated by the Science Based Targets initiative.
The ambition is elaborated as follows:
- Make our own operations carbon neutral (net zero emissions) by 2030
- Reduce Scope 3 (value chain) emissions at least 50 percent from the 2019 levels by 2030
More than 95 percent of Cargotec’s CO2 emission occurs in the value chain: from raw material sourcing and use-phase of the sold products. Therefore, the emission reduction target expands beyond our own operations.