Sustainability is an enormous business prospect for Cargotec
Sustainability is an enormous business prospect for Cargotec. The future growth in our business comes from increasing demands for operational efficiency, the proliferation of lifetime solutions and from increasing cargo volumes.
We serve industries that cover the majority of the world's gross domestic product (GDP). This gives us potential to enable increased welfare globally.
Offering for eco-efficiency
We can promote global eco-efficiency with our offering, as our customers - producing a large share of global GDP and welfare but also global emissions - can limit their emissions with the use of our products.
We have introduced an offering for eco-efficiency. Products within the portfolio can benefit customers’ operational, emissions or resource efficiency. In environmental industries, our products and solutions can enhance the industry efficiency.
Our strategy guides our sustainability work
Services development and digitalisation are at the core of our strategy. As a global forerunner, we can shape the industry by driving higher sustainability standards and promoting the circular economy.
Digitalisation presents optimisation opportunities, which we believe will be vital in increasing eco-efficiency. In our expanding service business, the new business models have been built according to the principles of the circular economy.
We strive to be the leader of intelligent cargo handling and that starts with our own operations. Our climate goal includes the ambitious target to have our own operations carbon neutral by 2030. The emissions of our own operations arise from the energy use at assembly sites and offices, and use of fuels in service fleet and product testing.
Based on the assessment done during 2019, the carbon neutrality target is achievable. About 40% of our own operations’ carbon footprint comes from use of electricity. The roadmap includes the target to source only renewable electricity. Another big contribution comes from the use of our service fleet. In order to achieve carbon neutrality, the plan is to increase remote services and use biofuels or electric vans.
We consider the impacts from our own operations as a significant topic. Besides the energy use, we also follow waste, effluents, spills and environmental non-compliances. Our energy intensity is relatively low. Our assembly sites mainly use electricity and fuels when performing their main activities. Our non-assembly sites are offices or workshops servicing customers and the main energy use is related to fuels used in our fleet and electricity and heating used to power our offices.
We monitor and have in place processes in case of spills occurring at our sites or at our customers’ sites. Waste and water usage are being followed up on a corporate level for all of our assembly sites. Waste generated from our operations is almost entirely recyclable as it mainly consists of metal scrap, wood or paper - the recyclability rate is above 80%. Our assembly processes are not water intensive and water is used for domestic, not for industrial purposes. Thus, energy and greenhouse gas emissions remain the most important indicators for our own operations development. We have implemented a series of energy saving initiatives across the organisation to reduce the intensity of our operations and are powering more than 40% of our electricity from renewable sources. The long-term plan is to have 100% renewable electricity by 2030 and to become carbon neutral in our operations by renewing our fleet and finding alternative solutions to replace fossil fuels and other non-renewables.
Insert charts on won operations