Konecranes’ sustainability work rewarded with first Gold rating from EcoVadis

Konecranes has received a Gold rating from EcoVadis for its ambitious sustainability work, its highest-ever placing. The company’s actions, policies and reporting put it in the top 4% of all rated companies globally, and it is in the top 1% of its general-purpose machinery peers.

Konecranes’ rating improved from 2020 thanks to the implementation of additional policies, increased transparency and additional certifications, business sustainability rating provider EcoVadis said, declaring the company’s overall sustainability performance to be on an advanced level in activities related to the environment, labor and human rights, ethics and sustainable procurement.

Since the 2020 survey, Konecranes has committed to set science-based climate targets, its digital services received information security certification (ISO 27001), it started third-party supplier sustainability audits and it reported on its human rights risks and ways to mitigate them. Please see Konecranes’ 2020 Sustainability Report for an overview of its activities.

“Sustainability is at the core of our business. We strive to make a positive impact on society and the environment, and are making excellent progress on a number of fronts: EcoVadis Gold follows the CDP climate change performance leadership rating we received last year, and we plan to publish our science-based carbon reduction targets by end of the 2021. We will not stop in our drive to improve our performance even further,” said Konecranes President and CEO Rob Smith.

Konecranes has five sustainability cornerstones: Climate action and resource efficiency; eco-optimized offering and circularity; a safe workplace and products; a diverse, inclusive and engaging workplace; and responsible business conduct.

Together with its customers and business partners, Konecranes makes lifting and material flows more productive and sustainable. Our culture is rooted on uncompromised safety, high ethics and diversity and inclusion. We work for a decarbonized and circular world for customers and society.

Further information:
Anniina Virta-Toikka, Head of Sustainability
Email: anniina.virta-toikka@konecranes.com or phone: +358 40 722 2823

Further information for investors and analysts:
Kiira Fröberg, Vice President, Investor Relations, Konecranes
Email: kiira.froberg@konecranes.com or phone: +358 20 427 2050

This press release is available at our website konecranes.com

Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity enhancing lifting solutions as well as services for lifting equipment of all makes. In 2020, Group sales totaled EUR 3.2 billion. The Group has around 16,500 employees in 50 countries. Konecranes shares are listed on the Nasdaq Helsinki (symbol: KCR).