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Sustainability agenda

Material topics

We conducted a materiality assessment in autumn 2019 to update our sustainability focus areas with feedback from the key stakeholder groups. The results of the assessment prove that climate solutions and safety remain high on the agenda. The key material topics are summarised above according to the Environment, Social and Governance (ESG) themes. The responses of all the stakeholder groups indicated that addressing climate change through eco-efficient, low-carbon solutions for customers is of key importance. This reflects the fact that through Cargotec’s product offering we make the greatest contribution towards mitigating climate change. The logistics industry has a big carbon footprint which can be abated by delivering innovative and efficient solutions to our customers. Employee and product safety were also highlighted throughout the entire value chain. Cargotec has focused on the safety of its own operations and products and has set clear targets for the safety performance. There has been good development and we continue to focus on safety improvement programmes and actions across the organisation. We consider good governance and practices, including efficient risk management processes, the foundation for conducting business. We promote transparent communication and uphold open dialogue with key stakeholders. The Board of Directors is committed to sustainable business practices. As an example, they discussed the climate-related matters during a Climate Day that was held in March 2019.

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