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Konecranes Oyj

Common Name
Konecranes
Country
Finland
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
16,403
Ticker
KCR
Exchange
Nasdaq Helsinki
Description
Konecranes Oyj is a Finnish company headquartered in Hyvinkää, recognized as a world-leading group in lifting and material handling solutions. It designs, manufactures, and services cranes, hoists, an...

Konecranes's Climate Target Data Preview

As of 2025, Konecranes has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Konecranes's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-60%a
2030
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
-49%a, b
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Konecranes’s Climate Targets Data

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a. Konecranes's Annual Review 2025
b. Konecranes's CDP Climate sourced from company’s website 2022

Insights into Konecranes's Greenhouse Gas Emissions Pathways

As of 2025, Konecranes has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.ab

Does Konecranes have a target to reduce the emissions from its operations?

As of 2025, Konecranes has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Konecranes's most ambitious operational target is to reduce these emissions by 60% by 2030, compared to a baseline of 89,200 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a

As of 2025, Konecranes is ahead of schedule on its operational emissions reduction target, having achieved 90.25% of the planned reduction.a

Konecranes's Operational (Scope 1+2) Emissions Pathway

201920252030025 k50 k75 k100 kBaselineCurrent (-54%)

Does Konecranes have a target to reduce the emissions from its value chain?

As of 2025, Konecranes has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol.ab

Konecranes's most ambitious value chain target is to reduce these emissions by 49.5% by 2030, compared to a baseline of 2,684,400 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.ab

As of 2025, Konecranes is lagging behind on its value chain emissions reduction target, having achieved 40.44% of the planned reduction.ab

Konecranes's Value Chain (Scope 3) Emissions Pathway

2019202520300700 k1.4 M2.1 M2.8 MBaselineCurrent (-20%)Target 2030 (-49%)
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