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Konecranes, a leading global provider in the machinery and equipment sector, is headquartered in Finland (FI) and operates extensively across Europe, North America, and Asia. Founded in 1932, the company has established itself in the machinery and equipment n.e.c. (29) industry, specialising in the design and manufacture of lifting equipment and services.
Konecranes is renowned for its innovative products, including overhead cranes, hoists, and automated solutions, which enhance operational efficiency and safety in various industries. The company’s commitment to advanced technology and customer-centric solutions has solidified its market position, making it a trusted partner for businesses worldwide. With a rich history of milestones, Konecranes continues to lead the way in lifting solutions, setting industry standards for quality and reliability.
+46 vs industry average
Konecranes’s score of 73 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Machinery and Equipment has above-average carbon intensity
The Machinery and Equipment industry has reduced its overall emissions by 37% since 2018
Scope 3 accounts for ••• of total emissions.
Konecranes, a Finnish machinery and equipment company, reported total carbon emissions of approximately 3.059 billion kg CO2e in 2025. This includes about 38.4 million kg CO2e from Scope 1 emissions, 2.5 million kg CO2e from Scope 2 (market-based), and 3.018 billion kg CO2e from Scope 3 emissions.
In 2024, the company's total emissions were approximately 3.077 billion kg CO2e, with Scope 1 at 38.2 million kg CO2e, Scope 2 (market-based) at 2.9 million kg CO2e, and Scope 3 at 3.036 billion kg CO2e. For 2023, Konecranes reported total emissions of approximately 5.243 billion kg CO2e, including Scope 1 emissions of 37.3 million kg CO2e and Scope 2 (market-based) emissions of 3.3 million kg CO2e. Scope 3 emissions for 2023 were approximately 8.854 billion kg CO2e, with significant contributions from use of sold products (3.525 billion kg CO2e) and purchased goods and services (1.434 billion kg CO2e).
Konecranes has set ambitious climate commitments, with Science Based Targets initiative (SBTi) approved targets. The company commits to reduce absolute Scope 1 and 2 GHG emissions by 60% by 2030 from a 2019 base year. Additionally, Konecranes aims to reduce absolute Scope 3 GHG emissions from purchased goods and services and use of sold products by 50% within the same timeframe (2019-2030). The company also targets carbon-neutral own operations (Scope 1 and 2) by 2030. Furthermore, Konecranes aims to reduce its Scope 1 and Scope 2 emissions to near zero by 2025.
2030
60% reduction in Scope 2
Konecranes Oyj commits to reduce absolute scope 2 GHG emissions 60% by 2030 from a 2019 base year.
2030
50% reduction in scope 3 total
Konecranes Oyj also commits to reduce absolute scope 3 GHG emissions from purchased goods and services and use of sold products 50.0% within…
2030
60% reduction in Scope 1
Konecranes Oyj commits to reduce absolute scope 1 GHG emissions 60% by 2030 from a 2019 base year.
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Common questions about Konecranes’s sustainability data and climate commitments
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