KONE awarded Gold Medal for sustainability excellence by EcoVadis
KONE Corporation, press release, December 2, 2024
KONE Corporation, a global leader in the elevator and escalator industry, has been awarded a Gold Medal in the EcoVadis 2024 sustainability assessment, ranking among the top 5% of the over 130,000 companies evaluated and in the top 1% in its industry*.
KONE has been assessed by EcoVadis annually since 2018, with gold or above ratings each year. The sustainability assessment evaluates sustainability performance in four categories: environment, labor and human rights, ethics, and sustainable procurement.
“We are proud to be recognized once more among the top 5% of all companies evaluated worldwide and positioned in the 97th percentile in the EcoVadis sustainability assessment, demonstrating our continuous progress in sustainability at KONE. Now, with our new strategy Rise, we are raising the bar even higher – sustainability leadership is a key part of our ambition to lead the industry”, says Kirsi Simola-Laaksonen, Senior Vice President, Sustainability & Environment at KONE.
KONE has ambitious sustainability targets to combat climate change, create a safe and inclusive workplace, and build trust and transparency with the highest ethical standards across the value chain. With its solutions and expertise, KONE helps its customers make cities smart, sustainable, and better places to live. KONE’s pioneering eco-efficient solutions, such as the regenerative drive, the EcoDisc® motor, standby solutions, and the revolutionary light KONE UltraRope® high-rise hoisting technology, as well as smart electrification, all help customers reduce the energy consumption of their buildings, contributing to lower operational costs and smaller carbon footprint.
KONE reports to selected third-party sustainability rating providers to get independent assessments on its sustainability performance. KONE has received recognition from various external parties on consistent progress on sustainability. For example, earlier this year, KONE was recognized with an ‘A’ score in CDP’s climate listing for the 11th consecutive year, awarded a position on the CDP 2023 Supplier Engagement Rating Leaderboard, and recognized once again in Forbes World’s Best Employers listing.
*EcoVadis has applied International Standard Industrial Classification (ISIC) in defining industry categories for each company. KONE is in the “Manufacture of general-purpose machinery” industry category.
For further information, please contact:
Hanna Rutanen, Senior Vice President, Communications, KONE Corporation, tel. +358 41 507 1361, media@kone.com
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Previous press releases are available at www.kone.com/en/news-and-insights/releases/.
About KONE
At KONE, our purpose is to shape the future of cities. As a global leader in the elevator and escalator industry, we move two billion people every day, making their journeys safe, convenient, and reliable with smart and sustainable People Flow®. In 2023, KONE had annual sales of EUR 11.0 billion, and at the end of the year over 60,000 employees in more than 60 countries. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.
