Cargotec refines vision for sustainability
(Posted on 29/04/21)
Cargotec's Board of Directors has confirmed the company's refined strategy and vision. Breakthrough objectives are sustainability and profitable growth.
With its business areas Kalmar, MacGregor and Hiab, Cargotec’s vision is to become the global leader in sustainable cargo flow.
“Our previous vision – becoming the global leader in intelligent cargo handling – highlighted the importance of digitalisation. With our present operating model, digitalisation already constitutes an integrated part of our processes, solutions and offering. Intelligent solutions enable sustainable and profitable growth. The importance of sustainability has significantly increased in our customers’ operations and we lift it into our vision,” says Cargotec’s CEO Mika Vehviläinen.
In concrete terms, Cargotec aims to reduce the CO2 emissions of its value chain by one million tons by 2024.
Strategy progress is measured by financial reporting, leadership index, eco portfolio share of sales and, in the future, CO2 emission reduction and the net promoter score as well.
“Our key business driver is to reduce the carbon footprint of the logistics industry. We want to do our part to limit global temperature rise to 1.5°C. By realising our strategy, we acknowledge our responsibility to innovate and offer low-carbon business solutions that enable a sustainable path for the logistics industry.”
“We see sustainability as an inspiring business opportunity. Last year, our eco portfolio solutions already constituted almost a quarter of our total sales. This clearly shows that, in terms of safety, emission efficiency and productivity, our customers see the benefits they can achieve with these solutions.”
Cargotec's business areas Kalmar, Hiab and MacGregor are pioneers in their fields. Through their unique position in ports, at sea and on roads, they optimise global cargo flows and create sustainable customer value. Cargotec has signed the United Nations Global Compact Business Ambition for 1.5°C. The company's sales in 2020 totalled approximately EUR 3.3 billion and it employs around 11,500 people.
Latest News
TwinShip aims to improve access to reliable data for aiding decarbonisation
(Posted on 26/10/24)A consortium, including technology group Wärtsilä, will develop a new system for the maritime... Read more
K Line to trial Inmarsat Maritime's new bonded network service
(Posted on 26/10/24)Kawasaki Kisen Kaisha, Ltd. and Inmarsat Maritime, a Viasat company, have announced that “K&rdquo... Read more
First LPS 600 in Germany boosts logistics for J. MÜLLER
(Posted on 23/10/24)In order to remain ahead of its time, J. MÜLLER Weser GmbH & Co. KG has received the first... Read more
Telestack Installs new truck unloader for dry bulk storage and transhipment
(Posted on 22/10/24)Telestack, in collaboration with their long-term partner Van der Spek Vianen (VDS), has successfully... Read more
NSU to Install Rotor Sails to Valemax VLOC
(Posted on 19/10/24)NS United Kaiun Kaisha, Ltd. (NSU) and Vale International SA (Vale:) have reached an agreement to install... Read more
New loss prevention tool helps ships navigate heavy weather
(Posted on 18/10/24)Extreme weather incidents are increasing across the globe and the impact on cargo ships is evident.... Read more
Armada and Gibdock sign MoU for hull air lubrication installations
(Posted on 18/10/24)Gibdock Shipyard and Armada Technologies Ltd. are pleased to announce the signing of a Memorandum of... Read more
Superior and McCourt extend partnership
(Posted on 18/10/24)Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and... Read more
ESL Shipping to build series of fossil-free handysize vessels
(Posted on 14/10/24)ESL Shipping, the leading carrier of dry bulk cargoes in the Baltic region, is building a series of... Read more
OrbitMI focuses on data quality to fuel efficiency and sustainability
(Posted on 08/10/24)New York-based software-as-a-service company OrbitMI is prioritising data integrity with its Orbit vessel... Read more