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KONE 2016 | SUSTAINABILITY REPORT

RESOURCE EFFICIENCY

17

KONE aims to be a leader in sustainability,

and we strive for continuous improvement in

all our business activities. Increasing resource

efficiency is among our top priorities and we

always work to do things in smarter ways. We

give importance to our natural resource use

throughout the whole value chain as this offers

significant economic opportunities, brings

down costs and boosts productivity. Resource

efficiency is very important to our customers,

whether it’s savings in materials, emissions, or

time. It is essential that we create extra value

for our customers via resource efficiency.

KONE’s environmental policy is to

provide innovative, safe, high-quality and

environmentally efficient products and services.

We strive for continuous improvement in all our

business operations. In addition to complying

with, or exceeding applicable laws, rules, and

regulations, we work with our suppliers and

customers to increase environmental awareness

and minimize our operational carbon footprint

as well as improve energy, material, and water

efficiency.

KONE’s R&D process, for example, seeks to

optimize material use, including packaging and

waste; avoid the use of hazardous substances;

maximize material durability and recycled

content; and minimize water consumption,

among others.

New targets for low-carbon

solutions and operations

Our ambitious environmental targets for

2014–2016 focused on further improving the

eco-efficiency of our solutions and reducing

greenhouse gas emissions from our own

operations. According to the revised targets

STRIVING FOR RESOURCE EFFICIENCY

LONG-TERM ENVIRONMENTAL

TARGETS

OPERATIONS:

Efficient low-carbon operations

PRODUCTS AND SERVICES:

Leader in low-carbon People Flow

®

solutions for smart buildings

for 2017–2021 we aim to be leading provider

of low-carbon people flow solutions and to

have efficient low-carbon operations. Our

Environmental Excellence program supports

the ongoing green transformation of the urban

environment into smart eco-cities, low-carbon

communities, and net zero energy buildings

(read more about Environmental Excellence key

initiatives and 2016 achievements on p.23). It

is estimated that the market for smart cities will

reach a phenomenal value of US$ 1.6 trillion

globally by 2020*.

Showing commitment

As a signatory company of the UN Global

Compact, KONE supports the Sustainable

Development agenda, addressing the social,

economic, and environmental dimensions of

sustainability. KONE solutions help to address

the challenges created by urbanization, climate

change, demographic change, and increased

safety demands – all covered in the new UN

Sustainable Development Goals.

KONE has also signed the Paris Pledge for

Action climate initiative for non-state actors,

showing climate leadership and commitment

to limiting global warming to under 2 degrees

Celsius in accordance with the Paris Climate

Agreement. In 2016 KONE, together with other

leading companies, conducted a pilot study on

setting science-based emission targets.

In this chapter we will concentrate on our

operations and resource efficiency.

Read more

about our eco-efficient solutions on

p. 30 – 33.

KONE A WORLD LEADER IN CDP

2016 CLIMATE CHANGE REPORTING

2016 marks the second year KONE has

earned a place on the A List, this year

as one of the only 193 companies from

thousands of others independently

assessed against CDP’s scoring

methods. The company’s score has

risen for seven consecutive years. The

Climate A List comprises companies

from around the world that have been

identified as leaders in their efforts and

actions to combat climate change,

during the past CDP reporting year. The

Climate A List constitutes the baseline

for corporate climate action and

includes companies identified as leaders

in the transition towards a low-carbon

economy.

During 2016, KONE also received

recognition as a leading supplier for

action on climate change and was

recognized on the new global CDP

Supplier A List.

*Source: Benefits of Carbon Neutrality in a Rapidly Changing

Business Environment. Frost & Sullivan and SITRA, 2015.

Smart cities use the latest intelligent and green initiatives

to reduce energy and resource consumption and improve

efficiencies in all facets of human life.