TKE Receives Multiple Top Sustainability Ratings

TK Elevator (TKE) has been awarded with the top grade “A” in CDP’s annual climate ranking for the fourth time in a row. Furthermore, TKE received the EcoVadis Gold Medal for the second time, only awarded to the top 5% of all companies assessed. The company further improved its score, now ranking among the top 2%. In addition, TKE tops the global Sustainalytics ESG ranking in the field of machinery industry. In this category, the internationally renowned rating agency analyzed approximately 600 organizations across the globe, awarding TKE with a “Negligible Risk” rating, which is the best possible classification. The company has been participating in the CDP reporting since becoming independent in 2020. EcoVadis reviews companies annually based on their sustainability performance considering multiple factors, including the environment, labor and human rights, ethics, sustainable procurement, and carbon management practices. Sustainalytics, a global leader in environmental, social and governance (ESG) and Corporate Governance research and ratings, evaluates companies against sustainability risks, which can have material consequences for businesses.