Cargotec has defined its sustainability targets for 2018

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CARGOTEC CORPORATION PRESS RELEASE 12 JANUARY 2018 AT 930 AM EET Cargotecs Extended Executive Board has set the company sustainability targets for 2018 The targets support Cargotecs strategic must-win battles - services, digitalisation and people leadership - with which the company aims to become the global leader in intelligent cargo handling. Cargotecs focus in 2018 will be on increasing safety awareness, setting a new sustainability standard for the supply chain increasing the usage of renewable electricity and ensuring that human rights-related company practices and processes are at the correct level The 2018 sustainability targets in brief IIFR industrial injury frequency rate 4 in production sites 100 of Swedish and Finnish sites to use electricity from renewable energy sources Conduct a renewed human rights risk assessment on Cargotec operations 100 of strategic suppliers assessed with the sustainability self-assessment tool the supplier code of conduct process finalised with suppliers that cover 80 of the direct sourcing spend More information about the progress on each of the targets will be published during the year More information Karoliina Loikkanen, Director Corporate Responsibility tel 358 20 777 4085 karoliinaloikkanencargoteccom Cargotec Nasdaq Helsinki CGCBV enables smarter cargo flow for a better everyday with its leading cargo handling solutions and services Cargotec's business areas Kalmar Hiab and MacGregor are pioneers in their fields Through their unique position in ports at sea and on roads they optimise global cargo flows and create sustainable customer value Cargotecs sales in 2016 totalled approximately EUR 35 billion and it employs over 11000 people wwwcargoteccom This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clientsThe issuer of this announcement warrants that they are solely responsible for the content accuracy and originality of the information contained thereinSource Cargotec Corporation via Globenewswire br/>

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Thomson Reuters: 07:30 GMT Friday 12th January 2018

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