Policies and principles

We believe that sustainable growth results from strong, responsible performance. Applying responsible leadership practices means being responsible for the societies and communities in which we work since they have expectations for us. We are committed to providing our customers with safe and sustainable solutions and services they can rely on while preventing and minimizing emissions and waste. We strive to continuously improve our products, processes and services and deliver on our commitments through concrete actions. Our service concept guarantees that all material handling equipment can be maintained at top performance, extending the lifespan to the fullest. We review key corporate responsibility risks on an annual basis.

Read the Sustainability Report 2023.

Key policies and principles

Code of Conduct

Code of Conduct is setting the standard for responsible business conduct. Please see more on Compliance & Ethics page.

Environmental Policy Statement

  • Reducing absolute scope 3 value chain GHG emissions by 50% by 2030 (2019 baseline).
  • Reaching carbon neutrality in own operations by 2030.
  • Maximizing the lifecycle value of our products and service solutions.
  • Reducing waste and maximizing its recycling rate.
  • Improving resource efficiency by minimizing raw material use and water consumption.
  • Open the Environmental Policy Statement

Human Rights Policy

Konecranes Human Rights Policy builds on the human rights principles expressed in the Konecranes Code of Conduct. It gives guidance on the human rights due diligence process and summarizes our key commitments: ​

  • We are committed to respect human rights as defined in international standards​
  • We support for positive outcomes e.g. via fostering Diversity, Equity and Inclusion culture​
  • We encourage all our business partners to respect human rights​
  • We maintain effective concern-raising mechanisms and seek to provide remedy​
  • Open the Human Rights Policy

Health and Safety Policy Statement

  • Achieving zero work-related incidents and illnesses
  • Behaving safely - always.
  • Having zero tolerance towards unsafe acts and safety violations.
  • Continually improving our health and safety culture and performance.
  • Meeting or exceeding applicable legal standards and other requirements.
  • Supporting employee well-being.
  • Open the Health and Safety Policy Statement

Quality Policy Statement

Diversity, Equity & Inclusion Policy Statement

  • Konecranes aims to create a diverse and inclusive working environment where people feel trusted, can thrive by working in a psychologically safe environment and where everyone has an opportunity to succeed. The objective is to go beyond equality and promote equity by providing resources for success based on the individual’s uniqueness. 
  • Read the Konecranes Diversity, Equity and Inclusion Policy Statement

Anti-Corruption Policy

Konecranes has a zero tolerance to bribery and corruption. Please see more on Compliance & Ethics page.

Group Tax Policy

Our Group Tax Policy describes our approach to tax as well as contains information about our tax governance, control and risk management, tax planning as well as co-operation with stakeholders.

Open the Group Tax Policy.

Responsible Minerals Statement

Responsible minerals statement builds on Konecranes Code of Conduct and Konecranes Supplier Code of Conduct and describes further our commitment and our requirements towards responsible sourcing of conflict minerals tantalum, tin, tungsten and gold and defined other minerals, when used in our products.

Open the Responsible minerals statement.

Restricted Substances List

Konecranes has defined chemical substances, which are banned or restricted in our products and in our manufacturing and service operations. The list includes also some requirements for substances used in suppliers' production and packing and for a waste treatment of certain substances. Restrictions are based on legal requirements. Any other national regulation that is more restrictive must be followed in that country. Open the Restricted Substances List.

 

Commitment to International Responsible Business Guidelines

UN Guiding Principles on Business and Human Rights

  • Konecranes is committed to adhering to the UN Guiding Principles on Business and Human Rights (UNGP)
  • UNGP is an authoritative global standard for preventing and addressing the risk of adverse human rights impacts linked to business activity. UNGP expects companies to have
    o    A policy commitment
    o    A due diligence process to identify, prevent, mitigate and account for how to address impacts on human rights
    o    Processes to enable remediation

OECD Guidelines for Multinational Enterprises

  • Konecranes is committed to adhering to the OECD Guidelines for Multinational Enterprises
  • These Guidelines reflect the expectation from governments to businesses on how to act responsibly. They cover all key areas of business responsibility, including human rights, labour rights, environment, bribery, consumer interests, as well as information disclosure, science and technology, competition, and taxation.

UN Global Compact

Konecranes participates in UN Global Compact and is hence guided by the Compact’s Ten Principles to meet the fundamental responsibilities in the areas of human rights, labor, environment and anti-corruption. The Principles are derived from: the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations Convention Against Corruption.

 

 

Human Rights

Principle 1. Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2. make sure that they are not complicit in human rights abuses.

 

Labor

Principle 3. Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
Principle 4. the elimination of all forms of forced and compulsory labor;
Principle 5. the effective abolition of child labor; and
Principle 6. the elimination of discrimination in respect of employment and occupation. 

 
Environment

Principle 7. Businesses should support a precautionary approach to environmental challenges;
Principle 8. Undertake initiatives to promote greater environmental responsibility; and
Principle 9. Encourage the development and diffusion of environmentally friendly technologies. 

 
Anti-corruption

Principle 10. Businesses should work against corruption in all its forms, including extortion and bribery.

 

Whistleblowing channel

Konecranes promotes a healthy corporate speak-up culture. Please see more on Compliance & Ethics page