KONE Ranked 15th Most Sustainable Company in Europe

Finland’s KONE has been ranked the 15th most sustainable company in Europe by Corporate Knights, a leading sustainability business magazine. The inaugural Europe 50 Most Sustainable Companies list includes Prysmian, SpA, headquartered in Italy and encompassing the Draka EHC Elevator & Escalator Business Unit, at 34th. The ranking evaluates companies based on 25 key performance indicators covering environmental, social governance and economic metrics. KONE Senior Vice President of Sustainability and Environment Kirsi Simola-Laaksonen observed that, with cities expanding and climate targets becoming more urgent, the demand for sustainable vertical-transportation solutions is greater than ever. “Our industry-leading solutions drive energy efficiency in elevators and escalators,” she said. “For instance, our regenerative drive can recover up to 40% of an elevator’s energy consumption.” The company also engages with suppliers to reduce material emissions over the supply chain.