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KONE 2015 | SUSTAINABILITY REPORT

MATERIALITY ANALYSIS

15

SAFETY

1

Safety of products and services

2

Occupational safety and well-being

3

Subcontractor safety

Why material?

Elevators, escalators and automatic

building doors are everywhere and the safety of the

millions of people who use them is our first priority,

along with the safety of our employees. KONE employs

some 50,000 people and works with thousands of

subcontractors globally. At the end of the day, we want

everyone to return home injury-free.

Targets:

Our ultimate goal is zero accidents – for all of our

employees, partners, and the users of equipment made

or serviced by us. Achieving this target means integrating

safety into our corporate strategy: it is one of our high

priority areas.

ENVIRONMENT

4

Low-carbon solutions and operations

5

Resource efficiency

6

Water use

Why material?

Today’s cities take up about 2% of the

world’s land mass, but account for 75% of global

energy consumption and 80% of manmade carbon

emissions. Reducing the impact urban areas make on

the environment is essential for a more sustainable

future. This is a challenge that has driven us to develop

numerous eco-innovations over the past decades.

Targets:

Our long-term environmental objectives are to

further improve the eco-efficiency of our solutions, and

modernize existing elevators, escalators, and automatic

building doors to make them more energy efficient.

We aim to further reduce the adverse environmental

impact of our operations, particularly with regard to our

operational carbon footprint as well as energy, material,

and water efficiency.

QUALITY

7

Quality of products and services

8

Customer satisfaction

Why material?

Quality is one of KONE’s high priority

areas and it is of utmost importance in our daily work.

It is embedded in everything we do, from customer

interaction and product planning all the way to the

services we offer.

Targets:

Our objective is to deliver the best customer

and user experience. Quality plays a fundamental role in

achieving this goal. Our aim is to delight our customers

with consistently high quality.

CREATINg ADDED VALUE FOR STAKEHOLDERS

12

Economic performance

13

Community involvement

14

Ethical business practices

Why material?

KONE directly contributes to the economic

development of the over 60 countries in which we

operate. As a responsible corporate citizen, we are

committed to making a positive contribution to these

communities. Our global presence makes it crucial for us

to ensure that we have clear rules and guidance in place

when it comes to ethical business practices.

Targets:

Our objective is to develop our business in a

profitable and in an ethically and socially responsible

manner throughout our entire value chain.

OUR PEOPLE

9

Competent management and employees

10

Employee engagement

11

Diversity and equal opportunity – Non

discrimination

Why material?

We want KONE to be a great place to

work, and to inspire, engage, and develop our employees

to deliver great results. Our employees have the right to a

safe, healthy working environment where discrimination

is prohibited and personal well-being is promoted

Targets:

We want KONE to be a great place to work – this

is one of our strategic targets. Our personnel strategy

aims to ensure the availability, engagement, motivation,

and continuous development of employees.

SUPPLY CHAIN

15

Supply chain excellence

16

Supply chain compliance

Why material?

We work with approximately 20,000

suppliers who provide us with raw materials, components

and modules, and logistics and installation services – not

to mention other suppliers who provide us with indirect

materials. Without them, we could not provide high-

quality products and services to our customers.

Targets:

We want to develop the best supply chain in the

industry, a goal that entails the continuous analysis and

improvement of the quality of everything we do.