Cargotec

Cargotec, a Finnish company in the Machinery and equipment n.e.c. industry, reported approximately 897,900,000 kg CO2e in total carbon emissions for 2025. This includes 12,600,000 kg CO2e from Scope 1 emissions, 2,500,000 kg CO2e from market-based Scope 2 emissions, and 882,800,000 kg CO2e from Scope 3 emissions.

In 2024, their total emissions were approximately 1,066,800,000 kg CO2e, comprising 9,700,000 kg CO2e (Scope 1), 2,800,000 kg CO2e (market-based Scope 2), and 1,054,300,000 kg CO2e (Scope 3). For 2023, total emissions stood at approximately 1,366,900,000 kg CO2e, with 9,900,000 kg CO2e (Scope 1), 2,900,000 kg CO2e (market-based Scope 2), and 1,354,100,000 kg CO2e (Scope 3).

Cargotec has set ambitious climate commitments, validated by the Science Based Targets initiative (SBTi). The company aims to achieve carbon neutrality in its own operations (Scope 1 and 2) by 2030. Furthermore, Cargotec is committed to reducing absolute Scope 1, 2, and 3 GHG emissions by 50% by 2030 from a 2019 base year. This target aligns with the 1.5°C climate ambition of the Paris Agreement. Hiab, a part of Cargotec, also aims to achieve net-zero greenhouse gas emissions across its value chain by 2050, with specific near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 50% and Scope 3 GHG emissions by 25% by 2030 from a 2022 base year. Long-term, Hiab is committed to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2040 and Scope 3 GHG emissions by 90% by 2050, both from a 2022 base year.