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TK Elevator

Sustainability Report and Carbon Intensity Rankings

Is TK Elevator doing their part?

Their DitchCarbon score is 51

TK Elevator has a DitchCarbon Score of 51, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of how much carbon they emit relative to their output. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

TK Elevator is part of the industrial manufacturing sector, which has a low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

TK Elevator, located in Germany, operates in a region with a medium carbon intensity rating. This indicates that the company’s sustainability efforts are influenced by the country’s moderate level of carbon emissions.

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

Over 500+ downloads

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

9.71%

...this company is doing 9.71% better in emissions than the industry average.

TK Elevator, headquartered in Germany and operating in the industrial manufacturing sector, was founded as an independent entity in August 2020 after separating from thyssenkrupp AG. Serving customers in over 100 countries with a workforce of more than 50,000 employees, the company generated sales of approximately €8 billion in the fiscal year 2020/2021. They offer a wide range of products including elevators, escalators, moving walks, and passenger boarding bridges, as well as innovative digital solutions like the MAX platform to enhance urban mobility.

emission intelligence's platform recommendations for TK Elevator

TK Elevator should set clear, science-informed targets for reducing Scope 3 emissions, maintain transparency in reporting their progress, and promote environmental sustainability throughout their supply chain to potentially reduce emissions by 35%.

Good news, TK Elevator has set ambitious SBTi commitments

TK Elevator has established greenhouse gas emission reduction targets for their operations that align with the necessary reductions to maintain global warming within 1.5°C. These targets encompass both direct emissions from their facilities and indirect emissions from purchased energy.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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