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Public Profile
Machinery and Equipment
DE
updated 11 days ago

Tk Elevator

Company website

Tk Elevator, headquartered in Düsseldorf, Germany, is a leading player in the global elevator and escalator industry. Founded in 2020, the company emerged from the legacy of Thyssenkrupp Elevator, building on decades of expertise in vertical transportation solutions. Tk Elevator operates extensively across Europe, North America, and Asia, providing innovative mobility solutions tailored to diverse environments. Specialising in the design, manufacturing, installation, and maintenance of elevators, escalators, and moving walkways, Tk Elevator distinguishes itself through its commitment to sustainability and cutting-edge technology. The company’s core offerings include smart elevators equipped with IoT capabilities, enhancing efficiency and user experience. With a strong market position, Tk Elevator has garnered recognition for its focus on safety, reliability, and customer-centric solutions, solidifying its reputation as a trusted name in the industry.

DitchCarbon Score

How does Tk 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.

49

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.

20

Industry Benchmark

Tk Elevator's score of 49 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

73%

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Tk Elevator's reported carbon emissions

In 2022, TK Elevator reported total greenhouse gas emissions of approximately 158,662,000 kg CO2e, which includes 122,330,000 kg CO2e from Scope 1 and 36,377,000 kg CO2e from Scope 2 (location-based). The company also disclosed significant Scope 3 emissions, totalling about 6,301,795,000 kg CO2e, primarily from the use of sold products (approximately 3,974,529,000 kg CO2e) and purchased goods and services (about 1,832,699,000 kg CO2e). Looking ahead, TK Elevator has set ambitious climate commitments, aiming for net-zero global emissions by 2050 at the latest. The company has pledged to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 53% by 2030, using 2019 as the base year. Additionally, it aims to cut Scope 3 emissions from the use of sold products by 23% by 2030, with a base year of 2021. Furthermore, TK Elevator plans to increase its annual sourcing of renewable electricity from 1% in 2019 to 100% by 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect TK Elevator's commitment to sustainable practices within the electrical equipment and machinery sector. The company's headquarters is located in Germany (DE).

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20182019202020212022
Scope 1
121,666,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
54,271,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tk Elevator's primary industry is Machinery and equipment n.e.c. (29), 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. This request for Tk Elevator is in DE, which has a medium grid carbon intensity relative to other regions.

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.

Tk Elevator 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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