Public Profile

Konecranes

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.

44

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.

1

Industry Benchmark

Konecranes's score of 44 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Konecranes's reported carbon emissions

In 2023, Konecranes reported total carbon emissions of approximately 5,245,400,000 kg CO2e, with Scope 1 emissions at about 37,300,000 kg CO2e and Scope 2 emissions at approximately 19,800,000 kg CO2e. The company also disclosed significant Scope 3 emissions, primarily from the use of sold products, which accounted for a substantial portion of their overall emissions. Konecranes has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2019 as the base year. Additionally, the company is committed to a 50% reduction in absolute Scope 3 emissions related to purchased goods and services, as well as the use of sold products within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. Overall, Konecranes is actively working towards significant emissions reductions, demonstrating a commitment to sustainability and climate responsibility in the electrical equipment and machinery sector.

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2014201520162017201820192020202120222023
Scope 1
46,900,000
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
15,800,000
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
Scope 3
9,600,000
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Konecranes's primary industry is Machinery and equipment n.e.c. (29), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Konecranes is headquartered in FI, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Konecranes is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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