The transformation towards a sustainable future impacts Cargotec’s business, and our business also impacts the world around us in many ways. These impacts are the foundation of Cargotec’s sustainability work.
Cargotec is committed to the principles of the UN Global Compact, OECD’s guidelines for multinational enterprises, the UN Guiding Principles on Business and Human Rights and the ILO Declaration on Fundamental Principles and Rights at Work. We also support all 17 of the UN's Sustainable Development Goals (more information here).
These commitments are reflected in the Cargotec Code of Conduct that describes the general requirements, guidelines, ethical principles and defines our way of working. The practical implementation of the Code of Conduct is ensured through policies (such as our Sustainability policy), processes and training.
Cargotec’s Board of Directors (BoD) has the overall responsibility for non-financial matters, such as confirming the company’s management approach to sustainability, approving related long-term targets and monitoring progress towards the targets.
Cargotec’s BoD's Audit and Risk Management Committee’s (ARC) is responsible for monitoring the company’s financial and non-financial statements. The committee evaluates the adequacy and appropriateness of the company’s internal audit and risk management processes, including sustainability-related risks.
The Cargotec Leadership Team (CLT) is responsible for the implementation of business plans and targets set by the BoD. The CLT reviews and approves the company’s sustainability-related policies and targets and decides on related resourcing and actions.
Cargotec’s Sustainability Management Team manages, coordinates and executes the company’s sustainability targets on an operational level. The team drivee cross-company collaboration and reviews action plans, resource allocation and improvement areas.