- Konecranes commits to a net-zero emissions target through the Science Based Targets initiative (SBTi) Net-Zero Standard.
- Near-term goals to halve Scope 1, 2, and 3 emissions by 2030 are progressing well, with Scope 1 and 2 targets achieved eight years ahead of schedule.
- New long-term target for net-zero emissions across all operations and value chain by 2050.
- Key focus areas include decarbonization, safe and secure handling solutions, inclusive workplaces, and high ethical standards.
According to Konecranes, the company has set ambitious targets aligned with the SBTi Net-Zero Standard, reinforcing its commitment to sustainability. Building on their 2022 success in reducing Scope 1 and 2 emissions ahead of schedule, Konecranes aims to halve its greenhouse gas emissions by 2030 and achieve net-zero by 2050. This commitment supports Konecranes’ vision of leading the material handling industry toward a more sustainable future.
Progress on Near-Term Emission Reduction Goals
Konecranes initially set near-term goals to reduce its absolute Scope 1 and 2 emissions, as well as Scope 3 emissions from its supply chain and products sold, all based on 2019 levels. By the end of 2023, Scope 3 emissions were reduced by 19%, and the company achieved its Scope 1 and 2 emission targets in 2022, demonstrating strong progress on its decarbonization path.
Long-Term Net-Zero Target Development
To further this progress, Konecranes is working on its comprehensive net-zero emissions plan, expected to be submitted for SBTi approval within 24 months. CEO Anders Svensson emphasized the importance of industry-wide transformation and highlighted Konecranes’ proactive role in addressing the climate crisis.
Four Pillars of Konecranes’ Sustainability Strategy
Konecranes is advancing its sustainability goals through four primary commitments: decarbonization, safety, inclusivity, and ethics. The company is dedicated to creating sustainable, low-carbon material handling solutions that support a decarbonized and circular economy. Ensuring global safety and reliability in material handling, Konecranes prioritizes secure solutions that protect users and environments. An inclusive and diverse workplace remains a core focus, as Konecranes fosters an equitable, engaging environment for all employees. Additionally, the company is committed to maintaining the highest ethical standards in its operations and partnerships, underscoring integrity and responsibility across all areas of business.
Innovation and Industry Leadership
Driven by continuous improvement, Konecranes invests in digitalization and advanced technologies, strengthening its leadership in sustainable material handling. These efforts optimize material flows, reduce carbon emissions, and promote circularity within the industry.
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Source: Konecranes
