Targets and Progress

We monitor internally corporate responsibility targets monthly and quarterly. External performance data is presented annually in our Sustainability Report. We have defined our key corporate responsibility themes by conducting a materiality assessment. Through this process, we identified the most relevant sustainability topics for Konecranes based on the expectations of our stakeholders. We also reviewed the megatrends impacting our business and identified ten UN Sustainable Development Goals where we see that Konecranes can make an impact.

Following interviews with our stakeholders, we have updated our materiality matrix. The overall themes have remained largely the same. Following interviews with our stakeholders, we have updated our materiality matrix. The overall themes have remained largely the same. The material aspects of our operations include: responsible business conduct; the footprint of our own operations; the safety of employees and our products; respecting human rights; employee engagement; diversity; providing sustainable solutions for customers; advancing the circular economy; and enforcing CR requirements for the supply chain. These topics set the baseline for our corporate responsibility strategy and we have named the themes as cornerstones of our CR work.

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Current targets

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Target 2020-2025

Progress

UN Sustainable Development Goals

Certified ISO 14001 EMS in all factories by the end of 2020

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Certified ISO 14001:2015 EMS in 72% in our manufacturing facilities

12, 13

Energy intensity reduction of 25% MWh/sales in own factories and service operations by the end of 2025 (Base year 2017)

Energy intensity (MWh/sales) reduced by 16% compared to base year 2017

12, 13

Emission intensity reduction of 50% tCO2e/sales in own factories and service operations by the end of 2025 (Base year 2017)

Emission intensity (tCO2e/sales) reduced by 22% compared to base year 2017

12, 13

By the end of 2025, power all our factories with 100% renewable electricity

26% of electricity in factories is from renewable sources '

7, 12, 13

New target:

Circular economy roadmap by the end of 2020

Will be reported from the 2021 report onwards

13,12

LTA1 rate of less than 3 by the end of 2020. The target is an incident-free workplace.

LTA1 rate for whole company on level 4.8. Several group-wide initiatives launched to improve safety.

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3

New target:

TRI-rate <3 by the end of 2025

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Will be reported from the 2021 report onwards

3

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Significant reduction in serious injuries and zero fatalities

Serious Injury and Fatality (SIF) incidents total 71 (86). SIF potential reduction of 17% from 2018. There was one contractor worker fatality in 2019. Reporting improved on near misses with SIF Potential, assisting in preventing actual SIF incidents.?

3

New target:

20% year-on-year reduction of SIF exposure for own and contractor employees by end of 2025?

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Will be reported from the 2021 report onwards

3

All factories certified according to OHSAS 18001/ISO 45001:2018 by the end of 2020

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Certified OHSAS 18001/ISO 45001:2018 management systems: 71% of factories

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New target:

Certification for Health & Safety Management system ISO 45001: Factories by the end of 2021

Service by the end of 2022

Frontlines by the end of 2023

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Certified OHSAS 18001/ISO 45001:2018 management systems: 71% of factories

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3, 12

Subcontractor safety tracking, monitoring and management improved, with all subcontractors receiving adequate safety training about Konecranes premises and requirements before starting work

Improved safety onboarding and monitoring development ongoing for suppliers locally, with subcontractors receiving safety training about Konecranes premises and requirements before starting work. Different approaches from classroom training to online tools.

3, 12

New target:

Safety observations per year by the end of 2025: 5 per person

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Will be reported from the 2021 report onwards

3

At least 25% of group management members are female.

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Gender diversity of group management*:
male 78%, female 22%

5, 8, 10

New target:

At least 15% gender diversity in Senior Management. (everyone on job level 11 and above)
At least 25% gender diversity in Executive Management Team. (Group, Business Area and Function Management Teams)

Will be reported from the 2021 report onwards

5, 8, 10

No single nationality should represent more than 50% of group management

In Group management:

Finnish 59%, Other 41%

5,8, 10

New target:
No single nationality should represent more than 50% of the Executive Management Team

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Will be reported from the 2021 report onwards

5,8, 10

Keep all employees trained on Code of Conduct

We conducted trainings covering various compliance topics, such as ethical leadership, anti-corruption and whistleblowing. A limited number of training activities were organized during 2019 due to other priorities, such as conducting a group-wide compliance & ethics risk assessment. A new Code of Conduct eLearning will be launched in 2020.??

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8, 12, 16

New target:

Mandatory Code of Conduct training completed by all employees (to be defined to exclude recent new hires, people on maternity leave etc.)

Competition Compliance training completed by 100% of defined target audience

100% positive response on Employee Engagement Survey (EES): “Management of my unit is committed to integrity and ethical business practices”
”I would feel comfortable reporting unethical behavior if I saw it in Konecranes”

Will be reported from the 2021 report onwards

8, 12, 16

By 2020, assess the sustainability of suppliers who represent 80% of total spend as well as all new suppliers

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Large suppliers were pre-assessed before onboarding.

99 process audits were carried out in 2019.
Supplier Code of Conduct implementation activities continued on 2019. 50% of the suppliers in terms of total spend had committed to our Code by the end of 2019.

8, 12, 16

New targets:

?Continue to roll out Supplier Code of Conduct (SCOC) for existing and new suppliers and subcontractors based on identified risks and spend.

?Execute at least 30 supplier sustainability audits per year with internal and external resources.

Will be reported from the 2021 report onwards

8, 12, 16

New target:

Conduct a corporate-level Human Rights risks assessment by the end of 2020.?

Will be reported from the 2021 report onwards



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