Targets and Progress

We monitor internally corporate responsibility targets monthly and quarterly. External performance data is presented annually in our Sustainability Report. We have defined our key corporate responsibility themes by conducting a materiality assessment. Through this process, we identified the most relevant sustainability topics for Konecranes based on the expectations of our stakeholders. We also reviewed the megatrends impacting our business and identified ten UN Sustainable Development Goals where we see that Konecranes can make an impact.

Following interviews with our stakeholders, we have updated our materiality matrix. The overall themes have remained largely the same. The material aspects of our operations include ethics and compliance, the footprint of our own operations, the safety of employees and our products, diversity, employee engagement, a responsible supply chain, human rights, and sustainable innovations.

In 2015, we set long-term targets that we aimed to achieve by the year 2020 and have been monitoring our performance since then. By the end 2016, we had achieved most of our environmental targets ahead of time, and thus reviewed them in 2018. In the table below, we summarize our main goals for each focus area and show how this links to the UN Sustainable Development Goals.





UN Sustainable Development Goals

Code of Conduct training

As a result of the renewal of our Code of Conduct, we will renew our Code of Conduct training, which will be rolled out in 2019. We trained more than 5,500 employees in connection with the Code of Conduct and Anti-Corruption Policy launch as well as in other ethics and compliance-related training events organized in 2018.

Keep all employees trained on Code of Conduct

8, 12, 16

Assessing suppliers for sustainability


All new suppliers were pre-assessed. 84 process audits on HSEQ topics were carried out in 2018.

A new Supplier Code of Conduct was introduced in Q2 and implementation work has started. 36% of the top 300 in terms of total spend had committed to our Supplier Code of Conduct by the end of 2018.

By 2020, assess the sustainability of suppliers who represent 80% of total spend as well as all new suppliers


3,8, 12

Certified ISO 14001 Environmental Management Systems in all factories

Certified ISO 14001:2015 EMS in 65% in our manufacturing facilities

Certified ISO 14001 EMS in all factories by the end of 2020


6, 13,12

Reducing energy intensity

Energy intensity (MWh/sales) reduced by 8% compared to base year 2017

Energy intensity reduction of –25% MWh/sales in own factories and service operations by the end of 2025 (Base year 2017)

7, 12, 13

Reducing emission intensity


Emission intensity (tCO2e/sales) reduced by 13% compared to base year 2017

Emission intensity reduction of –50% tCO2e/sales in own factories and service operations by the end of 2025 (Base year 2017)


7, 12, 13

Renewable energy

24% of electricity in factories is from renewable sources

By the end of 2025, power all our factories with 100% renewable electricity

7, 12, 13

Decreasing Lost-Time Accident level

LTA1 rate for whole company on level 5,3. Several group-wide initiatives launched to improve safety.


LTA1 rate of less than 3 by the end of 2020. The target is an incident-free workplace.


Significantly reducing serious injuries and zero fatalities


SIF incidents total 86. SIF potential reduction of 70% from 2017. There were no fatalities in 2018. Reporting improved on near misses with SIF Potential, assisting in preventing actual SIF incidents. 

Significant reduction in serious injuries and zero fatalities


Certified Occupational Health and Safety management systems

OHSAS 18001/ISO 45001 in all factories


Certified OHSAS 18001 and ISO 45001 management systems 24 %


All factories certified according to OHSAS 18001/ISO 45001:2018 by the end of 2020


3, 12

Tracking, monitoring and managing subcontractor safety


Improved safety onboarding and monitoring development on-going for suppliers locally, with subcontractors receiving safety training about Konecranes premises and requirements before starting work. Different approaches from classroom training to online tools.

Subcontractor safety tracking, monitoring and management improved, with all subcontractors receiving adequate safety training about Konecranes premises and requirements before starting work.


3, 8, 12

Increasing the proportion of women in group management


Gender diversity of group management:

male 73%, female 27%


At least 25% of group management members are female.



5, 8, 10

Balance in nationalities in Group management to maintain a global mindset



In Group management:

Finnish 63%, Other 37%


Balance of nationalities in Group management, no single nationality should represent more than 50% of group management by the end of 2020


5,8, 10


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