KONE Corporation, press release, December 8,
2020
KONE
Corporation, a global leader in the elevator and escalator
industry, has been awarded a place on CDP's prestigious 2020 'A
List' for its work in tackling climate change. The company has
again been recognized for its actions to cut emissions, mitigate
climate risks and develop a low-carbon economy. More than 5,800
companies were scored and KONE ranks among a small number of
high-performers from that group.
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. Earlier this year, the company set
science-based targets for significant reductions in its greenhouse
gas (GHG) emissions by the year 2030 and has also pledged to have
carbon neutral operations in the same timeframe.
"We are proud to have been ranked as a leader by the CDP.
Sustainability is more business-critical than ever. The multiple
environmental and social challenges we face today are driving
demand and action for carbon neutrality on company-, city- and
country-level. More sustainable urbanization and approaches that
benefit the environment are what we all should strive for," says
Hanna Uusitalo, Environmental Director at KONE. "There's no doubt
that making business more climate-friendly creates a substantial
opportunity for us and our customers."
KONE has disclosed through
CDP since 2009 and has received a leadership score of A or A- for
eight consecutive years. CDP's annual environmental disclosure and
scoring process is widely recognized as the gold standard of
corporate environmental transparency. In 2020, over 9,600 companies
with over 50% of global market capitalization disclosed
environmental data through CDP. This is in addition to the hundreds
of cities, states and regions who have disclosed, making CDP's
platform one of the richest sources of information globally on how
companies and governments are driving environmental
change.
Each year, 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.
KONE is committed to
conducting its business in a sustainable way and expects the same
commitment from its suppliers: taking responsibility for the
environment and sustainability more broadly is a central part of
the KONE Code of Conduct, signed by all KONE employees and
suppliers. As a member of the UN Global Compact, KONE supports the
Sustainable Development agenda addressing the social, economic, and
environmental dimensions of sustainability.
Earlier in 2020, KONE was the only elevator and escalator company
to make the Corporate Knights' 2020 Global 100 Most Sustainable
Corporations in the World ranking. The company ranked second among
its 234 global category peers in the "Machinery Manufacturing"
Corporate Knights Industry Group.
For further information,
please contact:
Hanna Rutanen, Director, External
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
drives companies and governments to reduce their greenhouse gas
emissions, safeguard water resources and protect forests. Voted
number one climate research provider by investors and working with
institutional investors with assets of US$106 trillion, the
organization leverages investor and buyer power to motivate
companies to disclose and manage their environmental impacts. CDP
is a founding member of the We Mean Business
Coalition.
https://cdp.net/en
Read
more
CDP 2020 full list of scores
KONE's Sustainability Report 2019
(PDF)
Sustainability on our website
Previous press releases are available at https://www.kone.com/en/news-and-insights/releases/
including:
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 2019, KONE had annual sales of EUR 10 billion, and at
the end of the year approximately 60,000 employees. KONE class B
shares are listed on the Nasdaq Helsinki Ltd. in
Finland.
www.kone.com
KONE CDP 2020 A List Press release
