ViganBühler GmbHGeneva DryCimbriaSailors SocietyTelestack
  • Telestack
  • Bühler GmbH
  • Port of Stockton
  • Sailors Society
  • Cimbria
  • Van Aalst

Cargotec refines vision for sustainability

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

Damen shipbreaking pilot project to be made available for larger vessels

(Posted on 23/04/24)

Damen Shipyards Group is launching a pilot project in which a small tug will be dismantled at Damen... Read more


John Sutch Cranes seeks collaboration to address travel restrictions challenges

(Posted on 18/04/24)

Mobile crane hire and contract lifting specialist based in the North West of England, John Sutch Cranes... Read more


ClassNK awards AiP for Mitsui methanol fuel supply system

(Posted on 15/04/24)

ClassNK has awarded an approval in principle (AiP) for a methanol fuel supply system developed by Mitsui... Read more


Bühler launches fully automatic bagging station with Premier Tech

(Posted on 15/04/24)

Swiss technology group Bühler, in partnership with leading Canadian packaging equipment manufacturer... Read more


Groke unveils new situational awareness tool for ship managers

(Posted on 15/04/24)

Groke Technologies, the Finnish technology company behind the Groke Pro Situational Awareness System... Read more


Pacific Basin leads dry bulk’s adoption of graphene-based coating

(Posted on 29/03/24)

In a proactive move towards energy efficiency and environmental sustainability, Pacific Basin, one of... Read more


ClassNK grants endorsement to two MOL initiatives

(Posted on 29/03/24)

ClassNK has granted its Innovation Endorsements for Products & Solutions*1 to two initiatives by... Read more


Marcor Stevedoring receives new LHM 800

(Posted on 25/03/24)

Contributing to a greener bulk industry. And no Diesel engine is needed. The LHM 800 will do its work... Read more


Need for new safety rules for methanol fuelled vessels revealed

(Posted on 25/03/24)

A new fire safety study by global Survival Technology solutions provider Survitec has revealed that... Read more


Cargill shares outcome of first wind-powered ocean vessel’s maiden voyage

(Posted on 18/03/24)

Cargill has revealed exciting results of the six-month test period of the Pyxis Ocean, underscoring... Read more


Van AalstTBA GroupPort of StocktonPort of South LouisianaTMS Awards 2023
  • Geneva Dry
  • TBA Group
  • Port of South Louisiana

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping