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.
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.
Cargotec’s main stakeholders are its customers, personnel, suppliers and investors. Other stakeholder groups include authorities, research and educational institutions, industry associations, local communities and the media. The main stakeholders are identified based on a double principle - both their potential influence on the organization and Cargotec’s possible impact on them. We work closely with our customers, suppliers, personnel and shareholders to ensure we achieve our purpose to provide a smarter cargo flow for a better everyday.
As a global leader in intelligent cargo flow, we want to address sustainability topics such as circular economy and the climate impact of our industry. By producing stories, articles and other communications content in Cargotec’s digital channels, we have increased awareness of our industry’s role in the climate challenge both internally and within our key stakeholder groups. Cargotec’s business areas have also emphasised eco-efficiency in their marketing and communications content. Visit cargotec.com/sbt for more information about the topics.
We uphold an open and transparent dialogue with our various stakeholder groups, actively responding to information requests and proactively providing information on our website, in social media and through various forms of direct communication. Our ongoing dialogue and collaboration with different stakeholders enable us to identify opportunities to create value and provide input for setting our sustainability targets. Integrity, fairness, confidentiality and compliance with stock exchange rules guide all our communications. Examples of our stakeholder interaction:
See GRI 102-43 for more information here.