In fact, United Nations Global Compact’s Business Ambition focuses on limiting global temperature rise to 1.5°C and stop global warming.
What is more, Cargotec's commitment will be validated by the Science Based Targets initiative.
In light of the above, Mika Vehviläinen, CEO of Cargotec noted:
We acknowledge that we have the responsibility to innovate and offer low-carbon business solutions that enable a sustainable path for the logistics industry. The set ambition level is challenging, but at the same time a great, inspiring business opportunity.
Moreover, the company goals to drop the CO2 emissions coming from raw material sourcing and product use phase by at least 50% and become carbon neutral by 2030.
Concluding, Cargotec further signed the "Uniting Business and Governments to Recover Better" statement as part of the Science Based Targets initiative and its Business Ambition for 1.5°C campaign, which urge governments to prioritise a faster transition to a greener economy by aligning policies and recovery plans in line with the latest climate science.