Konecranes Sustainability Profile
Konecranes, a leading global manufacturer of lifting equipment, is headquartered in Finland (FI) and operates extensively across Europe, North America, and Asia. Founded in 1932, the company has established itself as a key player in the material handling industry, focusing on innovative crane solutions and services that enhance productivity and safety. Konecranes offers a diverse range of products, including overhead cranes, hoists, and automated systems, distinguished by their advanced technology and reliability. The company is renowned for its commitment to sustainability and efficiency, positioning itself as a trusted partner for industries such as manufacturing, shipping, and construction. With numerous accolades and a strong market presence, Konecranes continues to set benchmarks in lifting solutions worldwide.
DitchCarbon Score
How does Konecranes's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Konecranes's score of 79 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Konecranes's reported carbon emissions
In 2024, Konecranes reported total carbon emissions of approximately 5,274,000,000 kg CO2e, with Scope 1 emissions at about 35,000,000 kg CO2e, Scope 2 emissions at approximately 2,400,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 5,236,600,000 kg CO2e. This represents a slight increase from 2023, where total emissions were about 5,243,000,000 kg CO2e. Konecranes has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2019 as the baseline year. This target is aligned with the Science Based Targets initiative (SBTi) and reflects the company's commitment to achieving carbon neutrality in its own operations by 2030. As of 2024, Konecranes has already achieved a 56% reduction in emissions from its operations compared to 2019 levels. The company also aims to reduce its Scope 3 emissions, specifically from purchased goods and services and the use of sold products, by 50% within the same timeframe. Konecranes' climate strategy is underpinned by a commitment to transparency and accountability, with emissions data sourced directly from Konecranes Plc. Overall, Konecranes is actively working towards significant emissions reductions while maintaining a focus on sustainability in its operations.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 45,200,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Konecranes's Industry?
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Konecranes's Scope 3 Categories Breakdown
Konecranes's Scope 3 emissions, which increased by 1% last year and increased significantly since 2014, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 69% of Scope 3 emissions.
Top Scope 3 Categories
Konecranes's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Konecranes has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Konecranes's sustainability data and climate commitments