KONE a world leader in CDP 2016 climate change reporting achieving an A grade

October 25, 2016

KONE Corporation, trade press release, October 25, 2016

KONE, a global leader in the elevator and escalator industry, has been identified as a world leader for its actions and strategies in response to climate change. The company has been ranked on the Climate A List by CDP, the international not-for-profit organization that drives sustainable economies.

2016 marks the second year KONE has earned a place on the A List, this year as one of the only 193 companies from thousands of others independently assessed against CDP's scoring methods. The company's score has risen for seven consecutive years.

The Climate A List comprises companies from around the world that have been identified as leaders in their efforts and actions to combat climate change, during the past CDP reporting year. The Climate A List constitutes the baseline for corporate climate action and includes companies identified as leaders in the transition towards a low-carbon economy.

"We are honored to be included in the Climate A List in CDP reporting for the second consecutive year. We aim to be the leaders in sustainability in our industry and this achievement truly reflects our commitment to continuously improve environmental excellence," says Hanna Uusitalo, Environmental Director at KONE.

CDP is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 827 institutional investors with assets of USD 100 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them.

Complete lists of CDP leaders along with the climate disclosures of all companies publicly taking part in CDP's climate change program this year are available on the CDP's website:
https://www.cdp.net/en/research/global-reports/tracking-climate-progress-2016.

More information on KONE's Environmental Excellence program can be found at: www.kone.com/sustainability.

For further information, please contact:
Hanna Uusitalo, Environmental Director, KONE Corporation, tel. +358 50 5333 177.

Previously published press releases are available at www.kone.com/press including:
September 2, 2016: KONE listed as one of the World's Most Innovative Companies by Forbes for the sixth year running
November 5, 2015: KONE one of the top leaders in climate change reporting

 

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 2015, KONE had annual net sales of EUR 8.6 billion, and at the end of the year close to 50,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.
www.kone.com