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2021 annual report

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CEO review

In 2021, our market situation improved, global economic activity picked up, and the demand for our products and solutions strengthened significantly. As the year progressed, however, component shortages and supply chain challenges delayed our deliveries. The continuing Covid-19 pandemic also hampered both our operations and those of our customers.

Key figures

strategy

Cargotec's vision is to be a global leader in sustainable cargo flow. Or purpose is to enable smarter cargo flow for a better everyday. Our breakthrough objectives are climate and profitable growth, further strengthening our 1.5 degree business ambition.

SMARTER CARGO FLOW FOR A BETTER EVERYDAY

Cargotec has committed to the United Nations Global Compact’s Business Ambition for 1.5°C and set ambitious science-based greenhouse gas emission reduction targets to address the impacts of both its own operations and the value chain. The consequences of climate change are not only environmental, but there are also significant financial and social impacts. To ensure financial stability and global wellbeing also for the future generations, it is our obligation to act on climate now.

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SOCIETY & TRADE

Cargotec’s positive impact builds from our role as a responsible corporate citizen and employer as well as from the key role of our solutions and services which enable an efficient flow of goods.

KNOWLEDGE

As an engineering company, Cargotec’s business can have a positive impact on both the creation  and distribution of knowledge, as well as in providing a knowledge infrastructure.

PEOPLE, HEALTH & SAFETY

Cargotec provides fair and just working environments with ethical working practices and equal  opportunities for its employees.

CLIMATE & ENVIRONMENT

For Cargotec, managing our environmental impact is a priority, lying at the heart of our operations.

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