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Sustainability at Cargotec

Sustainability is an enormous business prospect for Cargotec.

Cargotec’s sustainability work is based on a holistic and balanced approach, taking into account the aspects of environment, people and society, and governance. By being a 1.5 degree company, we strive to create value for all stakeholders. We sense the urgency of climate action and consider the transformation towards a sustainable world as a major phenomenon that will change the whole industry.

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We support transformation into a fair and prosperous society. With our purpose – smarter cargo flow for a better everyday – we drive resource efficiency in our industry, in order to reach a low-carbon economy and thus turn environmental challenges into opportunities. Our climate ambition can only be achieved via inclusive cooperation with all the participants in the value chain. Making the transition just and inclusive for all ties the social and good governance aspects into our climate ambition.

The consequences of climate change are not only environmental, but there are also significant financial and social impacts. To ensure financial stability and global wellbeing also for future generations, it is our obligation to act on climate now.

External assessments: 

We report to several ESG rating providers, who award us sustainability ratings that help our stakeholders to evaluate our sustainability performance. In 2019, MSCI and Ecovadis both rated us among the most sustainable companies in our industry (class AA and gold respectively). In 2020 we received the platinum medal of recognition from Ecovadis for our sustainability achievements.

In 2020, Cargotec received its highest CDP Climate change rating to date. Our score is B on a scale from A to D-, which indicates taking coordinated action on climate issues. CDP is a not-for-profit charity that runs a global disclosure system to score companies and cities level of environmental management.

In 2020, we shared for the first time along with our GRI index, SASB indicators deemed material for our company. We operate in the industrial machinery and goods sector and the material topics for us that we report on are Employee Health and Safety and Energy management. More information on those can be found in our GRI 2020 index.

 

 

2020

2019

2018

 

 

 

 

Scope 1 emissions (tCO2e)

22,700

22,000

20,100

Scope 2 emissions, market-based (tCO2e)

21,000

28,200

28,100

Scope 3 emissions (tCO2e)*

5,654,000

6,466,000

-

Total emissions (tCO2e)

5,697,700

6,516,200

-

Emissions intensity, relative to sales (tCO2e/MEUR)

1,746

1,769

-

       

Share of eco portfolio sales of total sales (%)

24

21

21

R&D expenditure (MEUR)

105

102

89

       

Total energy use in own operations (MWh)

157,500

164,800

159,400

Share of renewable energy of total energy use (%)

14

12

11

 

 

 

 

Industrial injury frequency rate, (IIFR, all operations)

5.2

6.9

8.4

ISO 14001 certified

85%

 88%

 

ISO 9001 certified

93%

 93%

 

ISO 45001 certified

80%

 85%

 

 

* see GRI Index 2020 for comprehensive emissions data

 

Reports

2020

Annual report 2020, web version, print version

GRI Index 2020, web version

2019

Annual review 2019, web version, print version

Financial review 2019 web version, print version

GRI Index 2019, web version, print version

2018

Annual review 2018

GRI Index 2018

 2017

Annual review 2017 with sustainability section and GRI index

Financial review 2017

2016

Annual review 2016 with sustainability section and GRI index

Financial review 2016

2015

Sustainability review 2015

Annual review 2015

Financial review 2015

2014

Sustainability report 2014

Annual report 2014

Financial report 2014

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