Konecranes Extraordinary General Meeting 2020
Article

Konecranes’ sustainability work rewarded with gold rating from EcoVadis

Konecranes’ Gold rating from EcoVadis shows that our ambitious sustainability work earns us rewards. The actions, policies and reporting we have deployed within Konecranes puts us in the top 4 percent of all rated companies globally, and within the top 1% of our general-purpose machinery peers.

EcoVadis Gold rating

EcoVadis is an international sustainability rating agency assessing the performance of supplier companies based on customers’ requests. An increasing number of customers access Konecranes assessment in the EcoVadis portal.

Anniina Virta-Toikka, Head of Sustainability highlights the customers in the process. “We want to support our customers in their sustainability work and as a supplier give transparent information for our customers.”

EcoVadis acknowledged that the company’s overall sustainability performance is on an advanced level in activities related to environment, labor and human rights, ethics and sustainable procurement. Environmental performance was rated the highest of the mentioned four areas.

Development leading to Gold status

Since the 2020 survey, Konecranes has committed to set science-based climate targets,  our digital services received information security certification (ISO 27001), we started third-party supplier sustainability audits and reported on human rights risks, with ways to mitigate them. The extensive work on updating ethics related policies and training employees on them was as well  recognized by EcoVadis analysts. We also added sustainability reporting about product safety, employee training hours and conflict minerals.

For an overview of activities, see Konecranes’ 2020 Sustainability Report.

Konecranes five sustainability core themes

Our five sustainability cornerstones work well towards EcoVadis rating

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.

The execution of our sustainability strategy helps us to further improve our EcoVadis rating and we can also take development points out from the feedback we get from the rating.

About EcoVadis

EcoVadis is an international sustainability rating agency that has rated more than 75,000 companies worldwide between 2015 and 2020 via its unique CSR assessment methodology. The EcoVadis Rating reviews 21 criteria in the four main areas that have a key role to meet sustainable targets in the supply chain: Environment, Labor and Human Rights, Ethics and Sustainable Procurement. EcoVadis uses a commonly recognized frameworks in its methodology including the Global Reporting Initiative, the United Nations Global Compact, and ISO 26000. Further information on EcoVadis is found on ecovadis.com

Resource type: