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Konecranes Abp

Country
Finland
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
16,525
Ticker
KCR
Exchange
NASDAQ HELSINKI LTD
Description
Konecranes Oyj is a Finnish industrial company specializing in material handling solutions, particularly cranes and lifting equipment. The company designs, manufactures, and services a wide range of l...

Konecranes Abp's GHG Emissions Data Preview

In 2024, Konecranes Abp completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Konecranes Abp has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
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b
0000000
Location-Based
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b
0000000
Total Scope 3
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
0000000
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Verified Sources Behind Konecranes Abp’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Konecranes Abp’s data sources below and access millions more through our Disclosure Search.

a. Konecranes Abp's Financial Report 2024
a. Konecranes Abp's Financial Report 2024
b. Konecranes Abp's Sustainability Report 2023
b. Konecranes Abp's Sustainability Report 2023

Insights into Konecranes Abp's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofKonecranes Abp amounted to53,300metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Konecranes Abpdecreased by 6.65%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Konecranes Abp's Scope 1 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e-18%+3%-10%-7%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Konecranes Abp's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Konecranes Abp were 35,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Konecranes Abp reduced its Scope 1 emissions over time?

Since 2019, Konecranes Abp's Scope 1 emissions have decreased by 33.33%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Konecranes Abp's Scope 1 emissions decreased by 6.17%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Konecranes Abp's Scope 2 emissions?

In 2024, Konecranes Abp reported Scope 2 greenhouse gas (GHG) emissions of 2,400 tCOâ‚‚e using the market-based method and 18,300 tCOâ‚‚e using the location-based method.a

Has Konecranes Abp reduced its Scope 2 emissions over time?

Since 2019, Konecranes Abp's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 38.38%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Konecranes Abp's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Konecranes Abp's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Konecranes Abp use for Scope 2 reporting?

In 2024, Konecranes Abp reported its Scope 2 emissions using the market-based method and using the location-based method.a

Konecranes Abp's Scope 2 Emissions Over Time

20192020202120222023202408.5 k17 k25.5 k34 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Konecranes Abp's Value Chain Emissions

In 2024, Konecranes Abp reported 5,236,600 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Konecranes Abp includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Konecranes Abp's Scope 3 Emissions Over Time

20192020202120222023202401.5 M3 M4.5 M6 MtCO2e-14%+4%-9%+12%+1%
  • Total Scope 3
  • Year-over-Year Change

What are Konecranes Abp's Scope 3 emissions?

In 2024, Konecranes Abp reported total Scope 3 emissions of 5,236,600 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 30.71%of these emissions originated from upstream activities such as purchased goods and capital goods, while 69.29%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Konecranes Abp reduced its Scope 3 emissions over time?

Since 2019, Konecranes Abp's Scope 3 emissionshave remained relatively stable, indicating that Konecranes Abp's emissions have plateaued with no significant change in its value chain footprint.a

Compared to the previous year (2023), Konecranes Abp's Scope 3 emissions remained relatively stable, indicating that Konecranes Abp's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Konecranes Abp disclose?

In 2024, Konecranes Abp reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Konecranes Abp's Scope 3 emissions?

In 2024, the largest contributors to Konecranes Abp's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 3,600,100 tCOâ‚‚e(68.75%)
  • Purchased Goods and Services (Cat. 1): 1,349,900 tCOâ‚‚e(25.78%)
  • Upstream Transportation and Distribution (Cat. 4): 196,900 tCOâ‚‚e(3.76%)

Konecranes Abp's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(3.8%)Purchased Goods andServices (Cat. 1)(25.8%)Use of Sold Products(Cat. 11)(68.7%)

Insights into Konecranes Abp’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Konecranes Abp reported Scope 1 greenhouse gas (GHG) emissions of 35,000 tCOâ‚‚e and total revenues of USD 4,394 millions. This translates into an emissions intensity of 7.97 tCOâ‚‚e per millions USD.a

Konecranes Abp's Scope 1 Emissions Intensity Compared to Peers

1020010,000500,00020,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)MetsoYear: 2024Scope 1: 37,670 tCO2eRevenue: $M 5,061Scope 1 Intensity: 7.44 tCO2e/$MConstiYear: 2024Scope 1: 2,038 tCO2eRevenue: $M 340Scope 1 Intensity: 6.00 tCO2e/$MValmetYear: 2024Scope 1: 20,395 tCO2eRevenue: $M 5,577Scope 1 Intensity: 3.66 tCO2e/$MYITYear: 2024Scope 1: 18,300 tCO2eRevenue: $M 1,894Scope 1 Intensity: 9.66 tCO2e/$MPonsseYear: 2024Scope 1: 3,497 tCO2eRevenue: $M 781Scope 1 Intensity: 4.48 tCO2e/$MKreate GroupYear: 2024Scope 1: 3,798 tCO2eRevenue: $M 287Scope 1 Intensity: 13.25 tCO2e/$MDovre GroupYear: 2024Scope 1: 1,710 tCO2eRevenue: $M 103Scope 1 Intensity: 16.54 tCO2e/$MKalmarYear: 2024Scope 1: 8,100 tCO2eRevenue: $M 1,790Scope 1 Intensity: 4.52 tCO2e/$MKoneYear: 2024Scope 1: 112,500 tCO2eRevenue: $M 11,549Scope 1 Intensity: 9.74 tCO2e/$MWartsila Oyj AbpYear: 2024Scope 1: 37,066 tCO2eRevenue: $M 6,711Scope 1 Intensity: 5.52 tCO2e/$MAspoYear: 2024Scope 1: 179,675 tCO2eRevenue: $M 617Scope 1 Intensity: 291.36 tCO2e/$MScanfilYear: 2024Scope 1: 1,706 tCO2eRevenue: $M 812Scope 1 Intensity: 2.10 tCO2e/$MEtteplanYear: 2024Scope 1: 362 tCO2eRevenue: $M 376Scope 1 Intensity: 0.96 tCO2e/$MRauteYear: 2023Scope 1: 365 tCO2eRevenue: $M 161Scope 1 Intensity: 2.27 tCO2e/$MGlaston Oyj AbpYear: 2023Scope 1: 552 tCO2eRevenue: $M 243Scope 1 Intensity: 2.27 tCO2e/$MSitowise GroupYear: 2024Scope 1: 96 tCO2eRevenue: $M 201Scope 1 Intensity: 0.48 tCO2e/$MViking Line AbpYear: 2024Scope 1: 252,448 tCO2eRevenue: $M 500Scope 1 Intensity: 504.99 tCO2e/$MLassila & TikanojaYear: 2024Scope 1: 26,450 tCO2eRevenue: $M 802Scope 1 Intensity: 32.98 tCO2e/$MComponentaYear: 2024Scope 1: 4,037 tCO2eRevenue: $M 101Scope 1 Intensity: 39.93 tCO2e/$MSRV YhtiotYear: 2023Scope 1: 1,138 tCO2eRevenue: $M 675Scope 1 Intensity: 1.69 tCO2e/$MHiabYear: 2024Scope 1: 13,627 tCO2eRevenue: $M 1,714Scope 1 Intensity: 7.95 tCO2e/$MEnento GroupYear: 2024Scope 1: 15 tCO2eRevenue: $M 156Scope 1 Intensity: 0.09 tCO2e/$MFinnairYear: 2024Scope 1: 3,459,576 tCO2eRevenue: $M 3,173Scope 1 Intensity: 1,090.45 tCO2e/$MKonecranes AbpYear: 2024Scope 1: 35,000 tCO2eRevenue: $M 4,394Scope 1 Intensity: 7.97 tCO2e/$M

How does Konecranes Abp's GHG emissions intensity compare to its peers?

In 2024, Konecranes Abp reported a Scope 1 emissions intensity of 7.97 tCOâ‚‚e per millions USD. Compared to the peer group median of 6, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Konecranes Abp rank on GHG emissions intensity within its industry?

In 2024, Konecranes Abp ranked 15 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Konecranes Abp is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Konecranes Abp's Total Carbon Footprint

In 2024, Konecranes Abp reported a total carbon footprint of 5,289,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.58% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Konecranes Abp's total carbon footprint was Scope 3 emissions, accounting for 98.99% of the company's total carbon footprint, followed by Scope 1 emissions at 0.66%.a

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