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Stay on Corporate sitePress release, December 13, 2022
KONE has been recognized for leadership in corporate transparency and performance on climate change by global environmental non-profit CDP, securing a place on its annual 'A List'. KONE has disclosed through CDP since 2009 and has received a leadership score of A or A- for climate change for ten consecutive years.
Based on data reported through CDP's 2022 Climate Change questionnaire, KONE is one of a small number of companies that achieved an 'A' out of nearly 15,000 companies scored.
Being a leader in sustainability has long been a strategic target for KONE. The company has a key role in making urbanization more sustainable and continues to take strong actions together with its customers, partners, and suppliers, to develop sustainable business practices for the long term. For example, KONE has launched carbon-neutral maintenance, KONE Care™ DX, and a carbon compensation option for its KONE DX elevators. KONE targets a 40% reduction in the greenhouse gas emissions related to the materials and lifetime energy use of our products and is committed to a 50% cut in the emissions from our own operations. KONE pledges to have carbon-neutral operations by 2030. In addition, KONE aims to achieve carbon-neutral manufacturing by 2024.
"We are
extremely proud of our newest CDP A score.
This is the 10th consecutive year for KONE reaching
leadership level in the CDP (A- or
A). More sustainable urbanization and approaches
that benefit the environment are what we all should strive for.
" says Hanna Uusitalo, Environmental Director
at KONE. "As we all know we
have a long way to go and we all need to urgently and continuously
improve our environmental excellence together with our suppliers
and partners."
CDP's annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. Nearly 20,000 organizations around the world disclosed data through CDP in 2022, including more than 18,700 companies worth half of global market capitalization, and over 1,100 cities, states and regions.
A detailed and
independent methodology is used by CDP to assess these companies,
allocating a score of A to D- based on the comprehensiveness of
disclosure, awareness and management of environmental risks and
demonstration of best practices
associated with environmental leadership, such as setting ambitious
and meaningful targets.
For further
information, please contact:
Hanna Rutanen, Head
of Communications, KONE Corporation, tel. +358 41 507 1361,
media@kone.com
Hanna Uusitalo,
Environmental Director, KONE Corporation, tel. +358 50 533
3177
Notes to
editors:
About
CDP
CDP is a global non-profit that runs the world's environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 680 financial institutions with over $130 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative. Visit cdp.net or follow us @CDP to find out more.
Read
more
CDP 2022 full list of
scores
KONE's Sustainability Report 2021
(PDF)
Sustainability on our
website
Previous press
releases are available at https://www.kone.com/en/news-and-insights/releases/ including:
February 24,
2022: KONE awarded as Supplier Engagement Leader by
CDP
December 7,
2021: KONE recognized with prestigious 'A' score
for climate
change
December 8,
2020: KONE awarded CDP 2020 'A' score for corporate
sustainability leadership
September 28,
2020: KONE sets ambitious greenhouse gas reduction
targets and pledges to have carbon neutral operations by
2030
February 4,
2020: KONE awarded as Supplier Engagement Leader by
CDP
January 22,
2020: KONE recognized for outstanding climate and
sustainability performance by both CDP and Corporate
Knights
About
KONE
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 2021, KONE had annual
sales of EUR 10.5 billion, and at the end of the year over 60,000
employees. KONE class B shares are listed on the Nasdaq Helsinki
Ltd. in Finland. www.kone.com