Public Profile

Kion

Kion Group AG, commonly referred to as Kion, is a leading global provider of industrial trucks and supply chain solutions, headquartered in Frankfurt, Germany. Founded in 2006, Kion has rapidly established itself as a key player in the materials handling industry, with a strong presence across Europe, Asia, and the Americas. The company offers a diverse range of products, including forklifts, warehouse automation systems, and software solutions, distinguished by their innovative technology and commitment to sustainability. Kion's focus on efficiency and safety has earned it a prominent market position, with notable achievements such as being one of the largest manufacturers of electric forklifts in Europe. With a dedication to advancing logistics and supply chain operations, Kion continues to set benchmarks in the industry.

DitchCarbon Score

How does Kion'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.

54

Industry Average

Mean score of companies in the Furniture Manufacturing 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.

9

Industry Benchmark

Kion's score of 54 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Kion's reported carbon emissions

In 2023, KION Group AG reported total carbon emissions of approximately 14,900,000,000 kg CO2e. This figure includes 110,769,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 77,462,000 kg CO2e from Scope 2 emissions, related to indirect emissions from purchased electricity, heat, and cooling. Additionally, Scope 3 emissions, which cover the entire value chain, amounted to about 14,794,000,000 kg CO2e. KION has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across all scopes by 2050. In the near term, the company targets a 42% reduction in absolute Scope 1 and 2 emissions by 2030, using 2021 as the baseline year. Furthermore, KION plans to reduce Scope 3 emissions from the use of sold products and downstream leased assets by 25% within the same timeframe. The company also commits to ensuring that 5% of its suppliers, based on emissions from purchased goods and services, will have science-based targets by 2029. Long-term, KION aims for a significant reduction of 90% in absolute emissions across all scopes by 2050, demonstrating a strong commitment to sustainability and climate action in the electrical equipment and machinery sector.

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201820192020202120222023
Scope 1
117,432,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
100,951,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
33,677,000
-
-
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. Kion's primary industry is Furniture; other manufactured goods n.e.c. (36), which is low 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. Kion is headquartered in DE, which has a rank of medium, indicating medium 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.

Kion 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

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