KONE Ranked as Industry Leader in Carbon Disclosure Project for Fourth Straight Year

Oct 24, 2013, 09:00 ET from KONE Inc.

LISLE, Ill., Oct. 24, 2013 /PRNewswire/ -- KONE Inc. today announced it received a score of 98 out of 100 in the Carbon Disclosure Project (CDP) reporting, which is the highest score since KONE was named to the list four years ago. KONE's score – which has improved steadily over four consecutive years – represents good internal data management and the development of solutions to combat climate-change related issues that affect the company's operations and supply chain.

The CDP reporting is based on the achievements KONE has made to reduce greenhouse gas emissions. For the third year in a row, KONE is also included in the Carbon Disclosure Leadership Index (CDLI), which lists the top 10 percent of the 260 companies included in the CDP Nordic report.

"The CDP results further demonstrate our commitment to improving environmental excellence throughout our organization, to continue on our path to be a sustainable company that our employees and customers can be proud of," said Larry Wash, KONE EVP and Area Director for KONE Americas. "KONE's goal is to develop solutions that are eco-friendly and meet energy reduction goals. These include the energy-efficient KONE EcoSpace®, which consumes 50-70 percent less energy than traditional elevator solutions in the United States."

KONE's long-term environmental objectives are aimed at further improving the eco-efficiency of its products and solutions, modernizing existing elevators and escalators to make them more energy-efficient, and reducing the environmental impact of its operations – especially the carbon footprint. In the U.S., KONE has undertaken a number of key initiatives, including converting its fleet vehicles from the Ford Fusion to the Ford Fusion Hybrid, which will save hundreds of thousands of gallons of gasoline over the next several years and will cut down on the company's CO2 emissions.

"Efficiency at KONE starts directly at our LEED® Platinum certified operations center in Moline, Ill., and spreads to the solutions we create for our customers," Wash said. "The KONE Center is the first project to achieve LEED Platinum certification for the CS category in the state of Illinois, and also received LEED Commercial Interiors Gold certification for its interior office design."

In addition to carbon disclosure, KONE scored an impressive A- from the CDP for the company's performance in mitigating climate change – on a scale of A to E. Scores from A to B are considered high performance.

The Carbon Disclosure Project is an independent, not-for-profit organization that aims to drive businesses and cities towards reducing their greenhouse gas emissions and sustainable water use. In its Carbon Disclosure Leadership Index the CDP features companies with the most professional approach to climate change information disclosure practices.

For further information, please contact:
Kellie Lindquist, Marketing Manager, KONE Inc., tel. +1 630 955 4202

Previous press releases from KONE are available at www.kone.com/press.

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 2012, KONE had annual net sales of EUR 6.3 billion and around 40,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.