KONE Sustainability Report 2017

KONE 2017 | SUSTAINABILITY REPORT Managing sustainability 12 MANAGING SUSTAINABILITY AT KONE KONE is committed to conducting its busi- ness in a responsible and sustainable way, and we expect the same commitment from all our suppliers. We comply with the laws and rules of the societies in which we operate. Our everyday work is guided by the KONE Code of Conduct and other company policies and guidelines. Sustainability and its management are the responsibilities of KONE’s Execu- tive Board and our President and CEO. Our management and supervisors work to ensure that our employees are familiar with and comply with the legislation, reg- ulations, and internal operating guidelines of their respective areas of responsibility, and that our products and services are in full compliance with all codes and stand- ards applicable to them. The assessment and analysis of KONE’s most significant risks also covers mate- rial non-financial risks. In line with the Management systems and certificates Management bodies in KONE Economic responsibility Finnish Corporate Governance Code, internal control, internal auditing Board of Directors, Executive Board, President and CEO, Annual General Meeting, Internal Audit function Social responsibility KONE Code of Conduct, KONE’s Competition Compliance Policy, KONE Supplier Code of Conduct, KONE Distributor Code of Conduct, OHSAS 18001 Occupational health and safety management system Board of Directors, Executive Board, President and CEO, Internal Audit function, Global Compliance Committee Environmental and product responsibility ISO 14001 Environmental management system, ISO 9001 Quality management system, ISO 25745 Energy performance of lifts, escalators and moving walks, KONE’s Supplier Excellence Certification, ISO 50001 Energy Management System, LEED, BREEAM or other green building certification systems Board of Directors, Executive Board, President and CEO, Quality and Solution Board • United Nations Global Compact • The International Organization for Standardization (ISO) • Standardization Administration of China (SAC) • Smart & Clean Foundation: Smart & Clean Helsinki Metropolitan • The European Committee for Standardization (CEN) • Standardization committees at the American Society of Mechanical Engineers (ASME) • International Trade Associations, such as the European Lift Association (ELA), the Pacific Asia Lift and Escalator Association (PALEA), and the National Elevator Industry, Inc. (NEII) in North America • World Business Council for Sustainable Development (WBCSD) • Green building councils in the United States, Finland, India, Italy, Romania, Singapore, the Netherlands, Sweden, Vietnam and the Czech Republic • World Alliance of Low Carbon Cities (WALCC) • European Round Table of Industrialists’ Energy and Climate Change Working Group (ERT) • Cleantech Finland • Climate Leadership Coalition • Council on Tall Buildings and Urban Habitat (CTBUH) • FIBS Finnish corporate responsibility network and FIBS’ Diversity Charter Finland MEMBERSHIPS AND POSITIONS OF TRUST KONE is an active participant in organizations developing codes, standards and guidelines for improving safety, accessibility, energy efficiency, as well as other organizations advancing sustain- able development. In 2017, KONE continued to be a member or joined the following organizations: requirements of the Finnish Accounting Act, KONE has identified the most signifi- cant non-financial risks. Read more about KONE’s non-financial risks and their mit- igation in our Annual Review, p. 16–18.