Recognizing the importance of addressing issues of climate change, Cargotec commits to reducing fuel consumption of cargo handling equipment in ports and local distributions. Cargotec specifically commits to reducing its overall fuel consumption up to 10 percent by raising R&D investments focusing on reducing energy consumption; by investing in new technologies to find alternative power sources; and by undertaking to select other suppliers' components that contribute to lowering fuel consumption of the equipment. This commitment will contribute to the reduction of approximately one million barrels of oil, ultimately reducing global dependence on petroleum and additionally decreasing greenhouse gas emissions.
Cargotec will implement and execute this commitment appropriately. Operative implementation will be constructed with projects. Generally there will be three main implementation principles to which the different projects are related.
1. Energy-efficiency - target is to be set and implemented as a permanent design factor of the R&D sector.
2. R&D as well as the production units will be supported by appropriate tools in order to achieve the set targets and
3. The cross-functional and cross-business teams will be created to achieve the best practice solutions.
In addition to this, Cargotec is planning possibilities to cooperate deeper with compound suppliers and with the customers in order to develop ever more effective solutions which respond to the market needs as well as to the growing demand for energy efficiency.
MEASURE OF SUCCESS
Cargotec´s aim is to achieve the decrease of one million barrels of oil. This means low energy consumption rates in new equipment. Energy rates of equipment designed after 2008 are to remain under the rates of similar earlier Cargotec models. Comparison of energy efficiency will be used as measurement criteria.
The expansion of trade and the effects of globalization have significantly increased cargo handling equipments in ports and local distributions worldwide. Cargotec's current cargo handling equipment runs mainly on diesel engines and load handling equipment used in local distribution, such as building sites, are installed on trucks, which in turn are powered by fossil fuels. Altogether Cargotec's customers use about 2 billion liters of fuel in their cargo handling processes.
Cargotec is willing to deeper the dialogue with the actors along the logistic chain to create an open discussion about future cargo handling needs. Universities and research centers are encouraged to join that discussion to find the most environmentally friendly solutions to serve the world in the future.