Konecranes Oyj: Konecranes receives highest possible CDP Leadership ranking in recognition of the performance and transparency of its climate work

Konecranes has received an A rating in the annual climate program of the CDP, an improvement from A- for the last two years and reflection of the steady progress made in its ambition to lead the material handling industry in cutting emissions, managing and mitigating climate risks and developing a low-carbon offering.

The CDP's annual program is a globally recognized benchmark that ranks the efforts of investors, companies, cities, states and regions to manage their environmental impact. Companies receiving a Leadership ranking (A or A-) must show their environmental impact and detail the actions taken - and to be taken - to reduce it in line with the 1.5-degree trajectory laid out in the Paris Agreement.

"We are pleased that our ambitious efforts continue to be recognized by the CDP, this time with an upgrade to the CDP A List. Industry benchmarking data offers valuable insights as we assess our climate action performance, and our rating confirms that our work remains very much on track. As a next step we will start looking further into the future by developing our long-term science-based net-zero targets in addition to our current near-term science-based target to halve emissions by 2030," said Anniina Virta-Toikka, VP, Sustainability, Konecranes.

A strong focus on customers and commitment to business growth and continuous improvement make Konecranes a material handling industry leader. This is underpinned by investments in digitalization and technology, plus our work to make material flows more efficient with solutions that decarbonize the economy and advance circularity and safety.

To find out more about Konecranes' sustainability efforts, please see our latest Sustainability Report.

CDP

CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. The CDP is a leader in environmental reporting, with the richest and most comprehensive dataset on corporate and city action.

Further information:
Anniina Virta-Toikka, Vice President, Sustainability, Konecranes
Email: anniina.virta-toikka@konecranes.com or phone +358 40 722 2823

Konecranes Media Desk
media@konecranes.com

Further information for investors and analysts:
Kiira Fröberg, Vice President, Investor Relations, Konecranes
Email: kiira.froberg@konecranes.com or phone: +358 20 427 2050

This release can be found on Konecranes.com.

Konecranes is a global leader in material handling solutions, serving a broad range of customers across multiple industries. We consistently set the industry benchmark, from everyday improvements to the breakthroughs at moments that matter most, because we know we can always find a safer, more productive and sustainable way. That's why, with around 16,800 professionals in over 50 countries, Konecranes is trusted every day to lift, handle and move what the world needs. In 2024, Group sales totalled EUR 4.2 billion. Konecranes shares are listed on Nasdaq Helsinki (symbol: KCR).