KONE ELEVATOR Sustainability Profile
KONE Elevator, a leading player in the vertical transportation industry, is headquartered in India and operates extensively across Asia, Europe, and North America. Founded in 1910, KONE has established itself as a pioneer in the design, manufacturing, and maintenance of elevators and escalators, focusing on innovation and sustainability. The company offers a range of core products, including advanced elevator systems, escalators, and automated building doors, distinguished by their energy efficiency and cutting-edge technology. KONE's commitment to enhancing user experience and safety has positioned it as a trusted name in the market, with notable achievements in smart building solutions and digital services. With a strong emphasis on customer satisfaction and operational excellence, KONE Elevator continues to shape the future of urban mobility.
DitchCarbon Score
How does KONE ELEVATOR'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 ELEVATOR's score of 19 is lower than 56% 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 ELEVATOR's reported carbon emissions
In 2019, KONE Elevator reported total carbon emissions of approximately 327,100,000 kg CO2e, which encompasses Scope 1 and 2 emissions. This figure reflects a slight increase from 2018, when emissions were about 319,200,000 kg CO2e. The company has set ambitious reduction targets, aiming for a 15% decrease in facility-related carbon emissions by 2022, using 2017 as the base year. This target applies to both Scope 1 and Scope 2 emissions. KONE Elevator operates as a subsidiary of KONE Oyj, which influences its sustainability initiatives and emissions reporting. The emissions data and reduction targets are cascaded from KONE Oyj, ensuring alignment with broader corporate climate commitments. KONE's commitment to reducing its carbon footprint is part of a larger industry trend towards sustainability, reflecting the growing importance of climate action in the elevator and escalator sector. The company continues to focus on enhancing energy efficiency and reducing its environmental impact through various initiatives.
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| 2010 | 2018 | 2019 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 27,000,000 | - | - |
| Scope 3 | - | - | - |
How Carbon Intensive is KONE ELEVATOR's Industry?
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KONE ELEVATOR'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 ELEVATOR has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
