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Kion Group AG, commonly referred to as Kion, is a leading player in the real estate services industry, headquartered in Germany. Founded in 2006, Kion has established itself as a prominent provider of innovative solutions in material handling and logistics, serving major operational regions across Europe and beyond.
The company excels in offering a diverse range of products and services, including warehouse automation, industrial trucks, and supply chain solutions, distinguished by their commitment to sustainability and cutting-edge technology. Kion's market position is bolstered by notable achievements, such as its strong focus on digitalisation and efficiency, making it a trusted partner for businesses seeking to optimise their operations. With a reputation for excellence, Kion continues to shape the future of the real estate services sector.
+54 vs industry average
Kion’s score of 83 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has above-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
Kion, a German real estate services company, reported approximately 16.16 billion kg CO2e in total Scope 1, 2, and 3 emissions for 2024. This figure includes approximately 108.40 million kg CO2e from Scope 1 emissions, approximately 38.15 million kg CO2e from Scope 2 market-based emissions, and approximately 16.01 billion kg CO2e from Scope 3 emissions.
Looking back, Kion's total emissions for 2023 were around 17.73 billion kg CO2e, including approximately 110.77 million kg CO2e in Scope 1, approximately 35.29 million kg CO2e in Scope 2 market-based, and approximately 17.58 billion kg CO2e in Scope 3. In 2022, total emissions stood at approximately 21.44 billion kg CO2e, with Scope 1 at approximately 107.78 million kg CO2e, Scope 2 market-based at approximately 35.32 million kg CO2e, and Scope 3 at approximately 21.30 billion kg CO2e. The company’s 2021 total emissions were around 23.63 billion kg CO2e, comprising approximately 111.48 million kg CO2e from Scope 1, approximately 37.88 million kg CO2e from Scope 2 market-based, and approximately 23.48 billion kg CO2e from Scope 3.
Kion has committed to ambitious climate targets validated by the Science Based Targets initiative (SBTi). The company aims for an absolute reduction of Scope 1 and 2 GHG emissions by 42% by 2030 from a 2021 base year. Additionally, Kion plans to reduce absolute Scope 3 GHG emissions from the use of sold products and downstream leased assets by 25% within the same timeframe. In the long term, Kion is committed to achieving net-zero greenhouse gas emissions across its entire value chain (Scope 1, 2, and 3) by no later than 2050, with a target to reduce absolute Scope 1, 2, and 3 GHG emissions by 90% by 2050 from a 2021 base year. Kion also aims for 5% of its suppliers by emissions covering purchased goods and services to have science-based targets by 2029.
2030
42% reduction in Scope 1
KION GROUP AG commits to reduce absolute scope 1 GHG emissions 42% by 2030 from a 2021 base year.
2050
90% reduction in scope 3 total
KION GROUP AG commits to reduce absolute scope 3 GHG emissions 90% by 2050 from a 2021 base year.
2030
42% reduction in Scope 2
KION GROUP AG commits to reduce absolute scope 2 GHG emissions 42% by 2030 from a 2021 base year.
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Common questions about Kion’s sustainability data and climate commitments
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