To Cargotec, sustainable performance means balanced development between our financial result and the well-being of people and the environment. As we work to boost sustainable development, we also move closer to the realisation of our strategy. Cargotec has four strategic focus areas critical to our future success: customers, services, emerging markets and internal clarity.
The challenges of sustainable development in global operations are under increasing discussion around the world. As we participate in this ongoing conversation, listening to the developing needs of our customers, we can provide customer focused solutions and services that make global cargo flows more sustainable on land, in ports and at sea. Our visionary Port 2060 initiative is an example of how we have involved a variety of stakeholders in this discussion.
Our global service network is the most extensive in the industry. We provide training and maintenance that help to extend the life cycle of equipment, reduce its impact on the environment and ensure safe usage. We work to broaden our customer support and service offering with the intention of adding value in environmental, social and economic terms. Our customer training for operators can lower fuel consumption by 5–10 percent while reducing machine wear. Training can also include failure and emergency simulations in various environmental conditions.
Sensitivity to sustainability factors is crucial when working in emerging markets, where economic growth is increasing both material flows and demand for cargo and load handling solutions. Rising consumption is creating a need for development of local and regional logistics and infrastructure. For example, waste created by growing consumption and building activities requires systematic waste handling solutions, which is one of Cargotec's competence areas. Our solutions are always built with respect for local waste management routines and based on maintaining employment in the sector.
Using common processes to achieve internal clarity enables Cargotec to identify synergy benefits and create a uniform, customer-driven approach. These common ways of working bring greater transparency to the company’s activities. They are also of service when sharing important information, such as our code of conduct and environmental, health and safety practices.