Cargotec

Cargotec, a Finnish company in the Machinery and equipment n.e.c. industry, reported approximately 897,900,000 kg CO2e in total emissions for 2025. This includes about 12,600,000 kg CO2e from Scope 1 emissions, around 2,500,000 kg CO2e from Scope 2 market-based emissions, and approximately 882,800,000 kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions in 2025 were the use of sold products (about 503,200,000 kg CO2e) and purchased goods and services (around 318,300,000 kg CO2e).

Looking back, Cargotec's total emissions were approximately 1,066,800,000 kg CO2e in 2024, approximately 1,366,900,000 kg CO2e in 2023, approximately 1,381,300,000 kg CO2e in 2022, approximately 5,618,900,000 kg CO2e in 2021, approximately 5,134,200,000 kg CO2e in 2020, and about 5,732,746,000 kg CO2e in 2019.

Cargotec has set ambitious climate commitments, validated by the Science Based Targets initiative (SBTi). The company commits to achieving carbon neutrality in its own operations (Scope 1 and 2) by 2030. Furthermore, Cargotec aims to reduce absolute Scope 1, 2, and 3 GHG emissions by 50% by 2030 from a 2019 base year. This target specifically covers Scope 3 emissions related to purchased goods and services (excluding indirect procurement) and the use of sold products. For its Hiab business unit, there are specific near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030 from a 2022 base year, and Scope 3 GHG emissions by 25% within the same timeframe.

Long-term goals for Hiab include achieving net-zero greenhouse gas emissions across the value chain by 2050, with specific targets to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2040 from a 2022 base year, and Scope 3 GHG emissions by 90% by 2050 from a 2022 base year.