Konecranes sets new long-term climate ambition that supports its customer industries’ decarbonization efforts
Konecranes commits to a long-term climate ambition to complement its recently upgraded near-term science-based targets. The company aims to reduce its absolute Scope 1, 2 and 3 greenhouse gas emissions 90% by 2050 from base year 2019. The new long-term ambition builds on the company’s current near-term climate targets to reduce absolute greenhouse gas (GHG) ...
Konecranes has announced an ambitious long-term climate goal to significantly reduce its greenhouse gas emissions by 90% by the year 2050, compared to a 2019 base year. This commitment, which builds upon the company's existing near-term targets, aims to cut absolute Scope 1, 2, and 3 emissions by 90% by 2050. The new long-term ambition is in line with the Science Based Targets initiative (SBTi) Net-Zero Standard and aligns with the pathway to limit global warming to 1.5°C under the Paris Agreement.
Marko Tulokas, Konecranes' President & CEO, emphasized the company's dedication to providing low-emission solutions to support its customer industries in their decarbonization efforts. To achieve this ambitious goal, Konecranes will continue to reduce emissions across its operations and value chain, while also promoting the use of lower-emission materials and circular solutions.
The company's latest targets were validated by SBTi in 2025, but Konecranes decided not to pursue SBTi validation for its long-term climate target due to uncertainty surrounding the future implementation and development of the standard. The company's near-term targets, which were upgraded and revalidated by SBTi in 2025, remain unchanged.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.