Kone Sustainability Profile
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.
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.
Industry Benchmark
Kone's score of 79 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kone's reported carbon emissions
In 2024, KONE Corporation reported total carbon emissions of approximately 11,665,700,000 kg CO2e, with Scope 1 emissions at about 108,600,000 kg CO2e, Scope 2 emissions at approximately 1,400,000 kg CO2e, and Scope 3 emissions reaching about 11,555,700,000 kg CO2e. This represents a slight decrease from 2023, where total emissions were approximately 12,769,400,000 kg CO2e, with Scope 1 at about 114,000,000 kg CO2e, Scope 2 at approximately 2,500,000 kg CO2e, and Scope 3 at around 12,652,900,000 kg CO2e. KONE has set ambitious climate commitments, aiming for a 50% reduction in absolute Scope 1 and 2 emissions by 2030, using 2018 as the baseline year. This target is part of their science-based targets initiative (SBTi) commitments, which also include a 40% reduction in Scope 3 emissions per ordered product over the same timeframe. Additionally, KONE plans to increase its sourcing of renewable electricity from 33% in 2018 to 100% by 2030. The company has made significant strides in its sustainability efforts, including a previous target to reduce facility-related carbon footprints by 15% by 2022, which was based on 2017 levels. KONE's commitment to the Paris Pledge for Action further underscores its dedication to limiting global warming to below 2 degrees Celsius. Overall, KONE's emissions data and climate commitments reflect a proactive approach to reducing its carbon footprint and contributing to global climate goals.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 103,400,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000,000 | 000,000,000 | 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 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 116,800,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Kone's Industry?
How Carbon Intensive is Kone's Location?
Kone's Scope 3 Categories Breakdown
Kone's Scope 3 emissions, which decreased by 9% last year and increased significantly since 2012, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 36% of Scope 3 emissions.
Top Scope 3 Categories
Kone's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Kone has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Kone's sustainability data and climate commitments