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.
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 61 is higher than 78% 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 significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions accounted for about 108,600,000 kg CO2e, while Scope 2 emissions were approximately 1,400,000 kg CO2e. The majority of emissions, approximately 11,555,700,000 kg CO2e, originated from Scope 3, which includes emissions from business travel, use of sold products, and purchased goods and services. 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. In previous years, KONE's emissions were notably higher, with 2023 emissions reported at approximately 12,692,300,000 kg CO2e and 2022 at about 13,206,300,000 kg CO2e. The company has made strides in reducing its carbon footprint, with a target of a 25% reduction in Scope 1 and 2 emissions by 2024 compared to the 2018 baseline. KONE's commitment to sustainability is further demonstrated by its participation in the Paris Pledge for Action, reinforcing its dedication to limiting global warming in line with the Paris Climate Agreement.
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| 2016 | 2017 | 2018 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 101,700,000 | 000,000,000 | 000,000,000 | 00,000,000,000 | 000,000,000 | 00,000,000,000 | 000,000,000 |
| Scope 2 | 34,100,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 20,800,000 | 00,000,000 | 00,000,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions 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 participating in some of the initiatives that 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.
