Sustainability Governance

Sustainability work at Konecranes is embedded into our governance processes at several levels. The Board of Directors approves the long-term ambition level and targets. The Konecranes Board of Directors' Human Resources Committee reviews the performance and activities annually. The Board of Directors' Audit Committee is the official supervisory body for overseeing the corporate sustainability reporting requirements. Sustainability themes and metrics are regularly on the agenda of the Konecranes Leadership Team, which reviews the sustainability strategy as well as action plans and targets annually. It follows the defined sustainability metrics on a monthly basis and reviews the specific themes multiple times per year.

Sustainability Council defines, guides and reviews the overall sustainability strategy, short-term targets and action plans. The operative implementation of the sustainability agenda is managed by Konecranes' Group Sustainability team, led by the Vice President, Sustainability. 

In addition, we have an executive-level Compliance & Ethics Committee to oversee the implementation and development of our compliance & ethics program managed by the Head of Compliance & Ethics.

We execute our sustainability activities through projects, programs and holistic processes. Our operations and ways of working are guided by Konecranes’ Code of Conduct and other related policies. Standards for suppliers are defined in the Supplier Code of Conduct. In practical terms, this means conducting business with high ethical standards and extending these principles also down the supply chain.

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We believe that sustainable growth results from strong, responsible performance.