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KONE 2016 | SUSTAINABILITY REPORT

INNOVATIONS

14

DRIVING INNOVATION AND

IMPROVING RESOURCE

EFFICIENCY

At KONE, innovations in urban development have an important role

in tackling issues like social progress, economic prosperity and climate

change. For example 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.

G4 INDICATORS RELATED TO THIS SECTION

G4 EN3: Energy consumption within the organization

G4-EN6: Reduction of energy consumption

G4-EN8: Total water withdrawal by source

G4-EN15: Direct GHG emissions

G4-EN16: Indirect GHG emissions

G4-EN17: Other indirect GHG emissions

G4-EN18: GHG emissions intensity

G4-EN19: Reduction of GHG emissions

G4-EN23: Total waste by type and disposal method

G4-EN29: Monetary value of significant fines and total number of non-

monetary sanctions for non-compliance with environmental laws and

regulations

G4-EN30: Significant environmental impacts of transport

Urbanization is generating new needs for

buildings and infrastructure, for living standards,

for safety and for sustainable low-carbon

societies. The increasing pace of urbanization

is transforming how people live. There is a

need to improve and modernize existing cities

to accommodate a growing population. All

this provides us with great potential for new

innovations.

We have developed numerous eco-innovations

over the past decades, and we pay special

attention to resource efficiency in all of our

actions. We also continuously develop, improve

and refine our approach to innovation. For the

most part, KONE’s business has been driven by

advances in mechanical engineering for more

than a century. Innovation in today’s world

is much more. It means new processes, new

integrated technologies and connectivity, as well

as new benchmarks for customer service.

At a time when markets and technologies

are changing, competition is intensifying and

urbanization is happening faster than ever, at

KONE, we have mapped our innovation focus

areas by understanding universal needs for

sustainable and smart urban development. We

have defined six of the most important needs,

listed on the table next page.

If we can understand the demands and

the changing trends of urbanization and

technological disruption, then we believe we

will have a great opportunity to add value to

our customers and society at large, making a

contribution to rising living standards, in the

most sustainable ways.

Collaborative approach

The needs which arise from urbanization

play a large role in the development of our

Research & Development (R&D). For the past

century, we have made systematic, long-term

investments into our R&D capabilities. Today

we have eight global R&D competence centers

INNOVATING FOR SMART

URBAN ENVIRONMENTS