Public Profile

Kone

Kone Corporation, commonly referred to as Kone, is a leading global player in the elevator and escalator industry, headquartered in Finland (FI). Founded in 1910, Kone has established itself as a pioneer in innovative solutions for urban mobility, with a strong presence across Europe, North America, and Asia. The company specialises in the design, manufacturing, installation, and maintenance of elevators, escalators, and automatic building doors, focusing on sustainability and user experience. Kone's commitment to advanced technology, such as its cloud-based monitoring systems, sets it apart in a competitive market. With a reputation for reliability and efficiency, Kone has achieved significant milestones, including numerous awards for design and innovation, solidifying its position as a trusted partner in enhancing the flow of urban life.

DitchCarbon Score

How does Kone's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

69

Industry Average

Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

1

Industry Benchmark

Kone's score of 69 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Kone's reported carbon emissions

In 2023, KONE Corporation reported total carbon emissions of approximately 12,769,400,000 kg CO2e. This figure includes 114,000,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 2,500,000 kg CO2e from Scope 2 emissions, which are associated with purchased electricity and heat. The majority of their emissions, about 12,798,400,000 kg CO2e, fall under Scope 3, which encompasses emissions from business travel, the use of sold products, and purchased goods and services. KONE has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2018 as the baseline year. Additionally, the company targets a 40% reduction in Scope 3 emissions per ordered product over the same timeframe. KONE also plans to increase its annual sourcing of renewable electricity from 33% in 2018 to 100% by 2030, demonstrating a strong commitment to sustainability and climate action. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

Get Started
20122013201420172018201920202021202220232024
Scope 1
88,400,000
00,000,000
00,000,000
00,000,000
000,000,000
000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
000,000,000
000,000,000
Scope 2
42,000,000
00,000,000
00,000,000
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
Scope 3
116,800,000
000,000,000
000,000,000
00,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kone's primary industry is Machinery and equipment n.e.c. (29), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Kone is headquartered in FI, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Kone is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Similar Organizations

Otis Elevator

US
Other transport equipment (35)
Updated about 15 hours ago

Otis Elevator Company (India) Limited

IN
Construction work (45)
Updated 6 days ago

Schindler India Private Limited

IN
Other transport equipment (35)
Updated 6 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers