We are committed to providing our customers with eco-efficient solutions and services while preventing and minimizing harmful discharges into the air, water and ground. Konecranes wants to be the forerunner in eco-efficient equipment and services as well as in operational environmental performance. In practice, this means that we continuously improve the environmental performance of our products, processes and services and our performance on manufacturing sites. We are constantly developing new ways to reduce or eliminate the negative environmental impacts of our products, services, and activities and grasp the opportunity to bring value, improved safety and productivity to the customer.
Our commitments concerning environmental responsibility can be found in our Code of Conduct and in our Environmental Policy. Furthermore, we are a signatory of the United Nations Global Compact and its ten principles that underline the need to adopt a precautionary approach to environmental challenges by examining the whole scope of impacts that our operations might have.
We take our responsibility as well as our opportunity to influence environmental matters seriously, especially with regard to resource use and mitigating the effects of climate change. Both our own operations and supply chain have environmental impacts that we aim to mitigate. Konecranes' Environmental Policy sets principles for managing the environmental impacts of Konecranes sites, products and services. We reduce our carbon footprint through voluntary agreements and by setting targets for energy efficiency and emissions. Our target is to reduce our energy intensity (MWh/sales) by 25% and greenhouse gas emission intensity (tCO2e/sales) by 50% during 2017-2025. In addition, we are committed to the target of powering our factories with 100% renewable electricity by 2025.
Konecranes’ HSE Tools for chemical handling and waste management are in use globally, setting the minimum level for environmental management. To continuously improve our performance, we have a target set for having full coverage of all our manufacturing sites according to the ISO 14001:2015 Environmental Management System (EMS) at the end of 2020. Currently 65% of our factories have an ISO 14001 EMS in place requiring continuous development and annual targets. In addition, we pay special attention to the use of efficient logistics and packaging, minimizing waste, and reusing and recycling as much as possible.
On a global scale our most significant environmental risks are related to climate change and the sustainability of materials. We review key corporate responsibility risks to our business on an annual basis to ensure that our mitigation activities throughout the Group are effective. We assess environmental risks in greater detail as part of the environmental management system, where each of our units is responsible for evaluating, prioritizing and mitigating their risks. Environmental risk assessments and mitigation actions are done on a local level based on environmental aspects and impacts. After careful assessment, we formulate risk mitigation plans.
To help mitigate risk in our supply chains, we have begun implementing our Supplier Code of Conduct, which will emphasize the corporate responsibility standards we expect from third parties. Konecranes undertakes due diligence and background checks of suppliers and subcontractors before entering into business relationships.
Opportunities that arise from the demand for low-carbon solutions are evaluated as part of our CR strategy review as well as the feedback from our Voice of Customer surveys and continuous stakeholder dialogue.
Ways to decrease the environmental impact with our offering, features and services: