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GRI INDEX 2019 SMARTER CARGO FLOW for a BETTER EVERYDAY SUSTAINABILITY ACCOUNTING PRINCIPLES GRI Index 2019

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GRI INDEX 2019 SMARTER CARGO FLOW for a BETTER EVERYDAY SUSTAINABILITY ACCOUNTING PRINCIPLES GRI Index 2019 GRI INDEX 2019 SMARTER CARGO FLOW FOR A BETTER EVERYDAY SUSTAINABILITY ACCOUNTING PRINCIPLES GRI index 2019 SUSTAINABILITY ACCOUNTING PRINCIPLES AND REPORTING BOUNDARY AND REPORTING BOUNDARY Cargotec sustainability reporting consists of three documents, the GRI Index 2019, the According to Cargotec’s sustainability accounting principles, newly acquired or built sites GRI CONTENT INDEX Annual Review 2019 and the Financial Review 2019. The information presented in the are being consolidated in the environmental and safety figures after a reasonable period GRI 102 General disclosure Annual Review is a general description of our sustainability work and the operating context of time has passed since the implementation of the Environment, Health and Safety (EHS) throughout the year. It shows the highlights of our sustainability performance, a current management practice. In most cases, this is completed after the first full operational year GRI 103 Management approach status of our targets and future plans. The Financial Review includes our disclosure on non- and after they have gone through the external assurance process. Divested sites are financial issues. included in the reporting boundary until the date of closing the transaction. However, this GRI 200 Economic only applies to sites that have been part of the Group for at least six months. GRI 300 Environmental This GRI Index is published as a separate report on our website. Following the GRI reporting requirements, this report presents the sustainability information in a standardised way and Topic boundaries for the material topics are presented under 102-47 to clarify the topics GRI 400 Social focuses on the disclosures that best reflect our impacts on the topics. that are outside of our direct control but where we can have a contribution. These include information about our supplier management and our approach to other third party interactions. Reporting content and boundary INDEPENDENT LIMITED Cargotec aims to report on sustainability topics in a manner that meets the needs of Site-related information, divestments and acquisitions ASSURANCE REPORT our customers, investors and other stakeholders. Our strategy defines our sustainability The most significant change to the reporting boundary in 2019 was the addition of 4 new approach and priorities. We uphold an open and transparent dialogue with the various assembly sites as a result of acquisitions made during 2018. During 2018 MacGregor stakeholder groups to understand their expectations. Our sustainability work has also been acquired Rapp Marine which constitutes of an assembly site in Seattle, US, and 3 non- guided by Cargotec’s commitment to the UN Global Compact and other key international assembly sites in Europe. In 2018, Hiab acquired Effer S.p.a which has led to the integration commitments and organisations relating to sustainability. We are reporting on our progress of 3 production sites located in Taranto, Minerbio and Argelato in Italy. Effer produces small, towards the UN Global Compact principles in this GRI index. medium, heavy and super heavy cranes, and the operations at these sites include not only assembly of products but also design and production of the components needed for the We conducted a materiality assessment during the autumn 2019 to update our sustainability assembly process. The production process includes activities such as laser cutting of metal focus areas with feedback from our key stakeholders. The assessment was carried out sheets, bending, carpentry, painting and washing covering the whole manufacturing cycle. in a form of an on-line survey where the respondents valued the importance of a range This makes the sites unique for Cargotec. of pre-selected economic, environmental and social topics. The pre-selection was made by considering that a topic is material if it has a significant impact on the business In 2019, MacGregor also completed the TTS acquisition. TTS is not included in the performance, or if it is particularly important for our stakeholders. The updated material consolidated EHS figures presented in this report; following our reporting principles, they will topics are presented under the indicator 102-47. be included after one full operational year. However, TTS is included in selected economic and personnel information where stated separately. From 2010 onwards, Cargotec’s sustainability reporting content has been approved by senior executive management representatives or the Leadership Team. The reporting Following our reporting principles, 11 non-assembly sites that became operational during content of this 2019 review has been assessed by executive management representatives 2018 are now included in the reporting boundary for 2019. These sites are: MacGregor to evaluate its alignment with our strategy and sustainability targets, and to ensure that we Bodö, Norway; MacGregor UK, Peterhead; MacGregor Serbia; Hiab Germany, Standort report matters that are both internal priorities and of interest to our stakeholders. Karlsruhe WS; Hiab UK, Bishop Stortford; Hiab UK, Cumbernauld; Hiab UK, Dudley; Hiab UK, North and Hiab France, Longjumeau. Cargotec’s consolidated figures for 2019 cover 21 assembly sites, 4 competence centres and 122 non-assembly sites. In 2018, significant changes were made to the reporting During 2018 we divested an assembly site Kalmar Cibolo in the US. At the end of 2018 boundary as the company’s non-assembly sites started reporting for the first time. Unless Cargotec closed the Lidhult assembly site in Sweden which was replaced by the new otherwise stated, the consolidated sustainability information covers the entire group. Kalmar Innovation Center which opened in Ljungby, Sweden. We are looking forward to 2 GRI index 2019 SUSTAINABILITY ACCOUNTING PRINCIPLES generating new ideas and solutions around digitalisation, fully electric and driverless offering 6. The distribution of value added to shareholders is the total value of dividends paid to AND REPORTING BOUNDARY with advanced safety features in the new centre. A couple of small service sites were closed shareholders from the parent company’s distributable funds during the financial year. during 2019, including MacGregor Malaysia Miri, MacGregor Norway Porsgrunn, Hiab South 7. Donations include contributions to non-profit organisations. Africa, Hiab Hong Kong, and Hiab Germany Langenhagen. GRI CONTENT INDEX Environmental indicators GRI 102 General disclosure Cargotec’s sustainability information presented in the GRI index and related materials Environment health and safety data is collected through Cargotec’s sustainability system covers the entire group, whereas the following indicators have currently been identified as which has been implemented across the whole organisation. Unit conversions used in GRI 103 Management approach non-material for the non-assembly sites and are therefore published only for 25 Cargotec EHS data consolidation are based on the International System of Units (SI). We apply the sites (21 assembly sites and four technology and competence centres): 303-1, 305-7 and operational control method outlined in the GHG Protocol’s Corporate Accounting and GRI 200 Economic 306-2. Furthermore, data for indicators 302-3 and 305-4 will only be published for the Reporting Standard. Energy consumption (302-1) and water consumption (303-1) are based GRI 300 Environmental assembly sites and competence centres as the data for Cargotec total has not been assured on invoices and continuous measurements. Some energy consumption estimates are made in previous years. Additionally, to achieve comparable data against previous years, two because of delayed figures from local energy companies. For some locations in our non- GRI 400 Social separate figures, one for Cargotec total and another for assembly sites, is provided for the assembly operations, the energy consumption is included in the facility rent and therefore following indicators: 302-1, 305-1, 305-2, 403-2. The figure for Cargotec total includes all not reported. The energy consumption by suppliers or rental operations on Cargotec sites operations while the figure for assembly sites includes only the 21 assembly sites and the is included in total figures when invoicing is not carried out separately. Energy intensity INDEPENDENT LIMITED four technology and competence centres. Data for the following personnel-related indicators figures under 302-3 are a relation of gross energy consumption and sales by sites within the ASSURANCE REPORT 102-8, 102-41, 402-1, 404-3 and 405-1 is consolidated for the whole group, including the reporting boundary. newly acquired TTS and Effer. Greenhouse gas emissions (GHG) under 305-1 and 305-2 are calculated based on direct Accounting methodology, conversion factors, discrepancies and indirect energy consumption reported from the sites within the reporting boundary. Economic indicators The economic responsibility data presented in this review is based on Cargotec Gross GHG emissions are presented as tonnes of CO2 equivalents. Direct emission factors Corporation’s audited consolidated financial statements. They are collected through for 2017, 2018 and 2019 are derived from the GHG Protocol version 3. Emission factors Cargotec’s group reporting system and prepared in accordance with the International for location-based indirect energy consumption (GHG Scope 2) are derived from the Financial Reporting Standards (IFRS) as endorsed by the European Union. Cargotec’s International Energy Agency’s publication series
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