Editor's Comment: A gold sustainability rating for Konecranes

13 November 2023

Print Page

Konecranes’ sustainability work has been rewarded with a Gold rating for a third straight year from EcoVadis, a business sustainability rating agency. Konecranes’ actions, policies and reporting put it in the top 4% of all rated companies globally, and in the top 1% of its general-purpose machinery peers. Its total score improved versus 2022.

EcoVadis’ evidence-based assessment covers a range of non-financial management system impacts and sustainability performance including environmental, labour and human rights, ethics, and sustainable procurement.

“This recognition from an industry benchmark like EcoVadis confirms that Konecranes is taking meaningful steps towards its sustainability targets,” said Konecranes president and CEO Anders Svensson. “This is not only good for the planet – there are clear business benefits as well given how the EcoVadis rating is increasingly examined by companies when choosing their equipment and service partners.”

Head of sustainability at Konecranes, Anniina Virta-Toikka, added: “Konecranes wants to lead the sustainability efforts in our industry. The EcoVadis Gold rating with the improved total score and our high placement among all rated companies, not just versus our peers, confirms that we are making clear, concrete progress towards this goal.”

Konecranes says that it has distilled the material aspects of its operations into four commitments for sustainability: it enables a decarbonised and circular world; it delivers safe and secure material handling solutions; its creates a fair, inclusive, diverse and engaging working environment; and it expects the highest ethical standards of itself and its business partners. The company has set ambitious targets for all four areas, it says, and regularly monitors and reports its progress towards meeting those commitments.