Escalator company receives top score in global environmental rating
KONE is being recognized for its commitment to sustainability and environmental protection. The recognition by the Carbon Disclosure Project and Corporate Knights underscores the company's leading role in promoting a more environmentally conscious economy.
The renowned non-profit environmental organisation Carbon Disclosure Project has awarded the company the top grade of “A” for its commitment to supplier management. This distinction was awarded as part of the Supplier Management Rating Leaderboard for 2023, in which KONE was ranked 55th out of a total of 21,000 audited companies in the Clean200 ranking by Corporate Knights, a Canadian company that specialises in promoting a sustainable economy.
As the only representative of its industry in the Clean200 list, it emphasises its ambitious commitment to sustainability and the environment. Mikko Korte, emphasises the importance of this recognition and highlights the successful cooperation with suppliers, which contributes to the reduction of CO2 emissions over the entire life cycle of the products.
The rating, which is regarded as the highest standard for environmental transparency, is based on voluntarily provided company data on CO2 emissions, climate risks and reduction strategies. The “A” grade awarded reflects the company’s comprehensive environmental leadership and understanding of environmental risks.
In addition to being recognised by the CPD, the company has also demonstrated leadership in implementing its own environmental targets as validated by the Science Based Targets initiative. Through a comprehensive sustainability strategy, it aims to become a carbon neutral company by 2030 and reduce operational emissions by 50% compared to the 2018 baseline.
These ambitious targets include not only direct greenhouse gas emissions, but also indirect emissions related to energy consumption and the procurement of resources. The company also aims to reduce emissions related to its products and their life cycle by 40 % by focussing on sustainable materials and energy sources.