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KONE joins the World Business Council for Sustainable Development

Press Release Published 21/06/2010

KONE, one of the leading companies in the elevator and escalator industry, has joined the World Business Council for Sustainable Development (WBCSD). WBCSD is a CEO-led, global association of some 200 companies dealing exclusively with business and sustainable development.

Membership will give KONE the chance to collaborate and participate in a global network on topics of sustainability such as energy efficiency in buildings and urban infrastructure. KONE contributes to sustainable development by helping to reduce the energy consumption of buildings with innovative, eco-efficient, safe and easy to access People Flow™ solutions.

“Buildings consume 40 percent of the world’s energy. Elevators and escalators typically account for 5 percent of this consumption. Our membership in the WBCSD provides KONE with an excellent platform to exchange ideas about new eco-efficient solutions to reduce the energy consumption of buildings. This offers us more opportunities to contribute to sustainable urban development,” comments KONE President & CEO Matti Alahuhta.

KONE has been a pioneer in developing eco-efficient technologies and solutions for elevators and escalators. KONE’s vision is to provide the best People Flow experience, thereby enhancing the quality of life for millions of people in urban environments.

More about KONE’s sustainability performance can be read in the recently published Corporate Responsibility Report 2009.

For further information, please contact:
Hanna Uusitalo, Environmental Director and WBCSD Liaison Delegate, KONE Corporation
tel. +358 20475 3573
www.kone.com/sustainability

Previous press releases concerning KONE’s corporate responsibility are available at www.kone.com

December 15, 2008, KONE’s new elevators to use 50% less energy by 2010

About KONE

KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance. The company's objective is to offer the best People Flow experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. In 2009, KONE had annual net sales of EUR 4.7 billion and approximately 34,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland. Founded in 1910, KONE celebrates its centennial anniversary in 2010.

www.kone.com