KONE Corporation, press release, July 7, 2025
KONE Corporation, a global leader in the elevator and escalator industry, has been recognized on CDP's 2024 Supplier Engagement Assessment (SEA) A-list. This is the sixth year since 2018 that KONE has earned a Supplier Engagement Leaderboard position, ranking among the top-performing companies worldwide. This recognition follows CDP's release of its 2024 global scores, where KONE was honored with a place on the prestigious Climate 'A List', marking the 12th consecutive year for KONE to receive a leadership score of A or A-.
CDP's SEA evaluates how effectively companies engage their suppliers in addressing climate change. It focuses on four key areas: governance, targets, emissions from the supply chain (scope 3), and value chain engagement. The A-rated companies are celebrated on the SEA Leaderboard.
"We're proud to be recognized as one of the leading companies in supplier engagement for driving climate action", says Mikko Korte, Executive Vice President, Supply Chain.
"We have identified the suppliers accounting for the majority of KONE's scope 3 emissions from purchased goods. By partnering with these suppliers, we aim to reduce the carbon footprint of the materials and components we source. For example, we maintain continuous dialogue with these suppliers, develop emissions reporting together, set emission reduction targets, and organize supplier training."
With its strategy, Rise, and purpose to shape the future of cities, KONE's ambition is to lead the industry - also in sustainability. In 2020, KONE was the first company in the elevator and escalator industry to set ambitious, science-based climate targets. By 2030, KONE is committed to cutting emissions from its own operations by 50% and reducing emissions of its products' materials and lifetime energy consumption by 40% per product ordered, compared to a 2018 baseline.
In 2024, KONE's scope of 3 emissions per product ordered decreased by 12.8% compared to the 2018 baseline. Since over 99% of KONE's emissions come from the product and value chain (scope 3), improving the energy and material efficiency of its products presents a significant opportunity to drive meaningful climate impact.
For further information, please contact:
Tuija Kleimola, Interim Senior Vice President, Communications, KONE Corporation, tel. +358 44 972 0090, media@kone.com
Read more
CDP 2024 Supplier
Engagement Assessment Leaderboard
Sustainability at
KONE website
June 9, 2025: KONE ranked the
15th most sustainable company in Europe by Corporate
Knights
February 11, 2025: KONE awarded
CDP's 'A' score for climate action
December 2, 2024: KONE awarded Gold
Medal for sustainability excellence by EcoVadis
September 19, 2024: KONE announces
its new ambitious strategy for
2025-2030
About KONE
At KONE, our purpose is to shape the future of cities. As a global leader in the elevator and escalator industry, we move two billion people every day, making their journeys safe, convenient, and reliable with smart and sustainable People Flow®. In 2024, KONE had annual sales of EUR 11 billion, and at the end of the year over 60,000 employees in close to 70 countries. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.
www.kone.com
CDP is a global non-profit that runs the world's only independent environmental disclosure system for companies, capital markets, cities, states and regions to manage their environmental impacts.
