KONE included on CDP's Carbon Disclosure Climate Leadership Index
(Thomson Reuters ONE) -
KONE Corporation, press release, October 21, 2011
KONE, for the first time, is featured as one of the 26 companies in the Carbon
Disclosure Project's (CDP) Nordic Carbon Disclosure Leadership Index. KONE has
been commended by the Carbon Disclosure Project (CDP), which represents 551
institutional investors with USD 71 trillion in assets under management, for its
approach to the disclosure of climate change information.
The elevator and escalator industry plays a vital role in countering climate
change by helping to reduce the energy consumption of new and existing
buildings. KONE is helping to combat climate change and contributing toward
next-generation green buildings by delivering eco-efficient elevator, escalator,
and automatic door solutions for LEED-rated and net-zero energy buildings.
Furthermore, modernizing equipment in existing buildings can result in up to 70
percent energy savings for elevators and 40 percent for escalators.
KONE's carbon footprint analysis reveals that less than one tenth of KONE's
emissions are a result of its operations. Therefore KONE has focused on
improving the environmental footprint of its products and solutions, and has
accomplished significant improvements. In November 2010, KONE announced that it
had achieved its ambitious target of 50% reduction in the energy consumption of
its new range of volume elevators. Furthermore, KONE was the first elevator
company to achieve the VDI's top A-class energy rating for its elevators.
KONE has also reduced its operational carbon footprint by implementing programs
that aim to improve the eco-efficiency of the company car fleet, by reducing
KONE's electricity consumption, by rearranging packaging and logistics practices
and by increasing the use of virtual meeting tools. KONE has set a target to
reduce its operational carbon footprint three percent annually by 2013. In
addition KONE aims to further improve the energy efficiency of the next
generation of KONE elevators and escalators.
"It is rewarding for all of us at KONE to receive recognition for our hard work
in reducing CO2 emissions and for openly reporting on our progress," says Hanna
Uusitalo, Environmental Director at KONE.
The Carbon Disclosure Leadership Index highlights the constituent companies with
the Nordic OMX Index Series which have displayed the most professional approach
to corporate governance regarding climate change information disclosure
practices. Companies are scored on their climate change disclosure and high
scores indicate good internal data management and understanding of climate
change related issues affecting the company.
More information can be found at www.kone.com/sustainability.
For further information, please contact:
Hanna Uusitalo, Environmental Director, KONE Corporation, tel. +358 20475 3573
Previous press releases concerning KONE's corporate responsibility are available
at www.kone.com/press including:
- November 18, 2010,KONE announces 50% energy reduction in its volume elevators
- July 28, 2010,KONE becomes first company to reach highest energy efficiency
rating for its elevators
About KONE
KONE is one of the global leaders in the elevator and escalator industry. The
company has been committed to understanding the needs of its customers for the
past century, providing industry-leading elevators, escalators and automatic
building doors as well as innovative solutions for modernization and
maintenance. The company's objective is to offer the best people flow experience
by developing and delivering solutions that enable people to move smoothly,
safely, comfortably and without waiting in buildings in an increasingly
urbanizing environment. In 2010, KONE had annual net sales of EUR 5 billion and
approximately 33,800 employees. KONE class B shares are listed on the NASDAQ OMX
Helsinki Ltd in Finland.
www.kone.com
About CDP
The Carbon Disclosure Project (CDP) is an independent not-for-profit
organisation holding the largest database of primary corporate climate change
and water information in the world. Some 3,000 organisations across the world's
largest economies now measure and disclose their greenhouse gas emissions and
assessment of climate change risk and opportunity through CDP, in order that
they can set reduction targets and make performance improvements. This data is
gathered on behalf of 551 institutional investors, holding USD 71 trillion in
assets. For more information visitwww.cdproject.net.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: KONE Oyj via Thomson Reuters ONE
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