We create a fair, inclusive, diverse and engaging working environment

Our commitment to creating a fair, inclusive, diverse and engaging working environment is all about people. We address human rights risks and support fair practices in our policies and set requirements for our suppliers and sales intermediaries. We foster a working environment where people enjoy their work, feel respected and trusted, and are provided with challenging and interesting responsibilities and career opportunities. We believe that diverse teams create the best results, and that everyone should feel they can be themselves.

 

 

Supporting human rights in our value chain

 

Our commitments are based on international standards, including the UN Universal Declaration of Human Rights, the UN Global Compact, the UN Guiding Principles on Business and Human Rights, the ILO Core Principles, and the OECD Guidelines for Multinational Enterprises. 

 

Elements of human rights due diligence

 

Elements of Human Rights Due Diligence

 

At Konecranes, we take human rights seriously across our operations and supply chain. Our global Sustainability team leads an ongoing due diligence process together with experts from different business areas and group functions. We identify and assess potential human rights risks and impacts using both internal specialists and external information.

We identify where human rights risks may be highest by assessing their severity, based on scale, scope, and irremediability, and their likelihood. In our supply chain, we evaluate inherent severity by purchase category and likelihood through the country level Global Risk Map, which uses data from five international indexes, including the Fundamental Human Rights Index and the Global Slavery Index.

We continuously review our risks and impacts, considering business changes and insights from monitoring channels like the Whistleblowing Channel, social responsibility assessments, and supplier audits. Employee surveys and confidential suppliers’ worker interviews are the key channels to get insights on the risks and effectiveness of risk mitigation straight from the affected people.  Human rights risk work feeds directly into our enterprise risk management (ERM). With ERM, Konecranes reviews key risks on an annual basis to ensure that our mitigation activities throughout the Group are effective.

Our relevant potential human rights risks across the value chain include:
•    Occupational health and safety
•    Fair working conditions
•    Discrimination and harassment
•    Forced labor 
•    Privacy
 

We have several programs in place to prevent and mitigate our potential and actual negative human rights impacts. Please learn more about health and safety actions in Ensuring uncompromised safety in our own operations and supply chain. Furthermore, we have dedicated people processes to provide fair working conditions and protect labor rights. In case of situations where our businesses would need to optimize their operations, including reorganization, we are committed to managing such situations responsibly by utilizing all relevant and available preventive means applicable to the specific case, such as the reduction of working time or early retirement. We engage with employee representatives and follow social, legal, and local requirements.  

To proactively prevent discrimination, we have a strong Inclusion and Diversity program, which you can learn more about below in the section Representing the multicultural communities where we operate. We also take privacy seriously and place a high priority on personal data protection, as further explained in Systematic Cybersecurity management to ensure business continuity and data protection.

Information on human rights management with suppliers is provided in the section Managing sustainability during the business relationship with suppliers.

We encourage our employees and any external stakeholders to report all human rights concerns relating to Konecranes, without fear of retaliation. Where applicable, we are providing remedy as part of the investigation process. Please read more from our Whistleblowing page.

Ensuring a fair and engaging workplace

Engaged employees are the foundation of Konecranes’ success. Therefore, we want to create a workplace where employees enjoy their work, feel respected and trusted, and are given challenging and interesting responsibilities along with extensive opportunities for career advancement. We also want to ensure fair treatment across our operations.

Investing in talent

At Konecranes, we invest in the next generation of talent to ensure our customers benefit from skilled, diverse and future ready professionals. We actively collaborate with universities through career days, student projects and mentoring, giving future professionals hands‑on experience in a global industrial environment. Every year, we hire hundreds of summer employees, many of whom stay with us in full‑ or part‑time roles beyond the summer.

To further strengthen our talent pipeline, Konecranes has various continuous and target group-focused talent recruitment initiatives to ensure we can hire and retain a diverse and skilled workforce in the markets we operate in.

Our apprenticeship and upskilling programs build critical capabilities for customer‑facing roles like service technicians and for key areas such as technology and IT, ensuring a strong talent pipeline that supports safe, reliable and innovative customer solutions. 

Ensuring employee development

All employees have the opportunity to take part in regular discussions focused on goals, feedback, development, career aspirations and ethical behavior. In 2025, 97% (2024: 97%) of employees completed either a performance or a development review.  This continuous dialogue strengthens performance, accelerates growth and enables managers to support their teams effectively. In result, we are fostering a supportive work environment and have engaged, well qualified employees who create more value for our customers. 

We offer our employees various development and training programs in areas such as technology, sales, leadership, health and safety, project management and ways of working. In addition, our employees can enrich their work, for example, by learning on the job, from peers, or by joining mentoring and coaching programs and communities. We actively promote our internal opportunities through our internal career pages, development discussions, social platforms, and newsletters. To ensure our people can take further steps in their career and develop their professional expertise, we also have global mobility and internal career rotation programs. Learn more about learning and development from our Career page.

Konecranes’ remuneration schemes and practices are designed to ensure equal and fair pay. We review compensation globally through a transparent, data driven process and have fully embedded our pay equity process into the annual cycle and continuously monitor the situation throughout the year for a proactive planning process.

We also perform annual living wage and adequate wage analyses in line with European Sustainability Reporting Standards. In 2025, we fulfilled the commitment set in 2024 to pay a living wage to all employees. In 2025, all employees received at least an adequate wage or living wage for their respective country. These efforts ensure we support our people fairly and consistently worldwide - strengthening our ability to deliver reliable, high quality service for our customers.

Our employees’ voice

At Konecranes, we strive to create an inclusive culture where people feel valued, heard, and empowered to help shape a better workplace. We regularly gather insights through our Employee Engagement Survey and shorter Pulse surveys.

In 2025, we conducted Employee Engagement Survey (EES) to assess the engagement, inclusion and well-being of Konecranes employees globally. With 71% response rate, a wide range of topics were covered related to employee experience, such as leadership, work processes, values, recognition, customer focus, inclusion and diversity, communication, ethics, and so on. The three main indices were at a good level: engagement at 77% (EES 2023: 74%), well-being at 80% (EES 2023: 80%), and inclusion at 83% (EES 2023: 81%). Among the other topics, the survey also measured the employee Net Promoter Score (eNPS) that was in line with the positive development, the score increasing from 8 to 29 since the EES 2023. Overall, the survey results showed that we are focusing on the right things. We will continue to gather insights from the employees annually.

We are equally committed to fair and consistent working conditions. At the end of 2025, 38% (2024: 37%) of employees were covered by collective bargaining agreements, and 35% (2024: 35%) had pay structures defined at the Konecranes level. Data collection for the remaining 27% (2024: 28%) is ongoing. In some countries, we also apply selected provisions from collective agreements, such as vacation entitlements, even to employees not formally covered, reflecting our commitment to fairness across our global operations.

Representing the multicultural communities where we operate

We aim to create an inclusive working environment where people from all backgrounds feel trusted, can thrive in a psychologically safe environment and have equal opportunities to succeed. Our goal is to provide resources that support success for all.

At Konecranes, inclusion and diversity are foundational to our culture. Teams with different backgrounds and perspectives deliver stronger ideas and better solutions for our customers and are more agile in navigating a complex environment. We believe that when we bring different voices to the table and enable people to be themselves at work, innovation and value creation thrive. At Konecranes, inclusion means embracing and leveraging the strengths of differences as a competitive advantage.

Inclusion and Diversity are embedded in our values and strategic enablers, and while Konecranes operates in a global environment, our inclusion and diversity practices are localized in full compliance with all applicable laws and regulations. Our Inclusion and Diversity Policy Statement and Talent Acquisition and Recruitment Policy reflect our aspiration to build a diverse talent funnel that broadens our competencies, leadership, and skills. In addition, Konecranes prioritizes gender balance to ensure a sustainable leadership pipeline aligned with the Board Directive on gender representation, while consistently pursuing pay equity across our reward practices.
Progress related to our inclusive culture and our diversity of our employees are regularly monitored globally and/or locally, following the local rules and practices.

Learn more about inclusion and diversity from our Career page.