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KONE sets ambitious greenhouse gas reduction targets and pledges to have carbon neutral operations by 2030 year

KONE Corporation, a global leader in the elevator and escalator industry, has set science-based targets for significant reductions in its greenhouse gas (GHG) emissions by the year 2030. KONE's targets are the most ambitious in the industry and have been validated against the latest climate science by the Science Based Targets initiative (SBTi). In another first for the industry, KONE has pledged to have carbon neutral operations by 2030.

KONE Home commits to a 50% cut in the emissions from its own operations (scope 1 and 2 emissions) by 2030, compared to a 2018 baseline. This target is in line with limiting global warming to 1.5°C, which is currently the most ambitious criteria for setting science-based targets. In addition, KONE targets a 40% reduction in the emissions related to its products' materials and lifetime energy use (scope 3 emissions) over the same target period, relative to orders received.