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KONE 2013 | CORPOR ATE RESPONSIBILIT Y REPORT

LET TER FROM THE CEO

5

I am very pleased with our progress in 2013.

Once more, we achieved our objective of

making KONE a stronger company, and moved

towards our vision “KONE delivers the best

People Flow experience”. Our global sales grew

at a higher rate than the market. Our financial

performance was strong. Both customer loyalty

and employee satisfaction improved and our

good progress in the area of sustainability

continued.

KONE was ranked among the top 50 most

innovative companies in the world by Forbes

Magazine for the third consecutive year. In

2013, we launched two new innovations:

KONE UltraRope, which enables future elevator

ride up to 1 km, and KONE People Flow

Intelligence solutions, which make people flow

in buildings increasingly smooth.

Good progress through development

programs

Our achievements are the result of the

intense work we are doing in improving our

competitiveness through our development

programs. Our three-year development

programs have proven to be a very effective

way to develop KONE. We completed our

Strong overall progress

third set of these programs at the end of

2013. In 2011–2013, the satisfaction of our

customers and employees grew, the quality

and competitiveness of our products advanced

further, we made good progress in enhancing

our service business, and we clearly improved

the quality of the whole delivery chain.

Engaged employees

Employee satisfaction is an important measure

of our progress. In 2013, the improvement

in our overall employee satisfaction was

substantial. Also the participation rate in the

survey improved further to a very high level.

This means that our people want to contribute

to the development of KONE. I am very pleased

with this. These developments are outcomes of

our focus in fostering a leadership culture that

engages, empowers and inspires people. We

have continuously increased our investments in

developing our people.

We made good progress in safety. In addition

to the systematic work in the sharing of best

practices, we organized KONE’s Global Safety

week around the theme “Little things matter in

safety”. The global People Flow Day event also

focused on safety.

Leader in eco-efficiency

In the area of sustainability our biggest

opportunity is to contribute to the positive

development by minimizing the energy

consumption of our products. In this respect we

are a clear leader in our industry. In addition, we

succeeded to decrease the carbon footprint of

our operations relative to net sales by 3.5%.

“Both customer loyalty

and employee

satisfaction improved

and our good

progress in the area of

sustainability

continued.”

Matti Alahuhta

President & CEO

KONE corporation