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Sustainability governance and reporting

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.

The Cargotec Leadership Team (CLT) conducts sustainability reviews and approves related group-level policies and annual targets and is responsible for the implementation of the targets and business plans set by the BoD.

Cargotec’s Sustainability Council holds the responsibility for sustainability target implementation. The council agrees on resourcing and actions taken regarding the development, implementation and follow-up of targets and policies.

Cargotec’s Sustainability Management Team manages, coordinates and executes the company’s sustainability targets on an operational level. Each material topic has a nominated lead who is responsible for systematically driving the management and improvement actions of their designated topic. The Sustainability Management Team reports to the Sustainability Council.

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