KONE Corporation, press
release, January 23, 2019
KONE Corporation, a global leader in the
elevator and escalator industry, has been ranked as the 43rd most
sustainable company in the world by Corporate Knights Inc., a
leading sustainable business magazine and ranking organization.
KONE was the only elevator and escalator industry company to make
the Corporate Knights' 2019 Global 100 Most Sustainable
Corporations in the World ranking, published on the sidelines of
the World Economic Forum being held in Davos, Switzerland.
"KONE is a top performer in environmental
performance and social responsibility, such as employee retention
and board gender diversity," said Toby Heaps, CEO of Corporate
Knights. He added that KONE ranked second among its 443 global
category peers in the "Machinery Manufacturing" Corporate Knights
The Global 100 ranking is based on a rigorous
analysis of 7,500 companies with revenues of over USD 1 billion.
The performance of companies featured on the list is also compared
against the MSCI All Country World Index, which measures global
stock market activity and is maintained by Morgan Stanley Capital
"The Global 100 companies show that doing what
is good for the world can also be good for financial performance,"
Heaps said in a statement on the Global 100, referring to the
analyses which indicated that top sustainability performers tended
to also provide better revenue for investors and have greater
At KONE, sustainability is embedded into the
organizational culture. KONE is committed to conducting its
business in a responsible and sustainable way and expects the same
commitment from its suppliers. KONE is a signatory of the UN Global
Compact and supports the UN Sustainable Development
"The Corporate Knights ranking is widely
associated with sustainability leadership and transparency, and it
is a great honor to feature on the list. The ranking demonstrates
that we are a trusted partner for green buildings and sustainable
cities with satisfied and committed employees," said Hanna
Uusitalo, environmental director at KONE.
"At KONE, we have a comprehensive approach to
sustainability that embraces the entire supply chain and includes
our suppliers and partners. It is an integral element of the value
we create for our customers. Our goal is to be a leader in
sustainability, which means providing energy efficient solutions
and services that are smart and reliable," Uusitalo added.
For further information,
Hanna Rutanen, Director, External
Communications, KONE Corporation, tel. +358 41 5071361, email@example.com
At KONE, our mission is to improve the
flow of urban life. As a global leader in the elevator and
escalator industry, KONE provides elevators, escalators and
automatic building doors, as well as solutions for maintenance and
modernization to add value to buildings throughout their life
cycle. Through more effective People Flow®, we make people's
journeys safe, convenient and reliable, in taller, smarter
buildings. In 2017, KONE had annual net sales of EUR 8.9 billion,
and at the end of the year over 55,000 employees. KONE class B
shares are listed on the Nasdaq Helsinki Ltd. in Finland.