KION Group AG is a German multinational manufacturer of materials handling equipment and a leading provider of industrial trucks and supply chain solutions. Headquartered in Frankfurt, Hesse, the comp... KION Group AG is a German multinational manufacturer of materials handling equipment and a leading provider of industrial trucks and supply chain solutions. Headquartered in Frankfurt, Hesse, the company offers forklift trucks, warehouse trucks, counterbalance trucks with electric and internal combustion drives, narrow aisle trucks, lithium-ion batteries, intralogistics systems, components, spare parts, and integrated automation technology with software for optimizing supply chains. Operating through Industrial Trucks & Services and Supply Chain Solutions segments, KION Group AG serves customers in factories, warehouses, and distribution centers across more than 100 countries on six continents. Its renowned brands include Dematic for warehouse automation, premium marques Linde and STILL, economy brand Baoli, and regional leaders Fenwick in France and OM in Italy and India. Founded in 2006 via demerger from Linde AG, it is the largest industrial truck manufacturer in the EMEA region and the top foreign producer in China, with over 1.8 million trucks in use worldwide and a workforce of approximately 43,000 employees.
In 2024, Kion Group was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Kion Group has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Kion Group are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
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2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Turnover
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Total Taxonomy Eligible Turnover
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b
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c
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3.4 CCM/CCA - Manufacture of batteries
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c
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3.6 CCM/CCA - Manufacture of other low carbon technologies
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c
0000000
5.1 CE - Repair, refurbishment and remanufacturing
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a
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2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Opex
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b
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c
0000000
Total Taxonomy Eligible Opex
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c
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3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen
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c
0000000
3.4 CCM/CCA - Manufacture of batteries
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c
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3.6 CCM/CCA - Manufacture of other low carbon technologies
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c
0000000
Metric
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Capex
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c
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Total Taxonomy Eligible Capex
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c
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3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen
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c
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3.4 CCM/CCA - Manufacture of batteries
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c
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Limited Data Preview
You are viewing a limited preview of Kion Group’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories, at both aggregate and activity level, with historical coverage back to 2022.
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Verified Sources Behind Kion Group’s EU Taxonomy Data
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a. Kion Group's Annual Report 2024
b. Kion Group's Non-financial report 2023
c. Kion Group's Sustainability Report 2022
Insights into Kion Group's Revenues from Sustainable Activities
In 2024, Kion Group reported EU Taxonomy-eligible revenues of EUR 7.28 billion, representing 63.3% of its total turnover. Of this amount, EUR 364.90 million of Kion Group's revenues was classified as EU Taxonomy-aligned, indicating that 3.2% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Kion Group's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Eligible Turnover
Total Taxonomy Aligned Turnover
Have Kion Group's revenues become more sustainable over time?
Since 2022, Kion Group's taxonomy-aligned revenues increased by 1,500%,reflecting a sustained upward trend in environmentally sustainable revenue generation.a, c
How much of Kion Group's revenue is eligible under the EU Taxonomy?
In 2024, Kion Group reported that EUR 7.28 billion of its revenue was eligible under the EU Taxonomy, representing 63.3% of the company's total turnover. Of this amount, EUR 364.90 million (3.2% of total revenue) was classified as Taxonomy-aligned. This means that 60.1% of Kion Group's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.a
How much of Kion Group's eligible revenue is aligned with the EU Taxonomy?
In 2024, Kion Group reported that EUR 364.90 million of its revenue was aligned under the EU Taxonomy, representing 3.2% of its total turnover.a
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
Kion Group's Eligibility & Alignment Overview
Kion Group's Contribution to Environmental Objectives
Total Taxonomy Aligned Turnover
How is Kion Group's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Kion Group reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 3.2%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 3.2%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Kion Group earn from selling climate-related solutions ?
In 2024, Kion Group reported that EUR 368.10 million of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 3.2% of the company's total revenue,indicating that Kion Grouphas limited exposureon solutions that support climate action through its commercial activities.a
Insights into Kion Group's CAPEX from Sustainable Activities
In 2024, Kion Group reported EU Taxonomy-eligible CAPEX of EUR 1.58 billion,representing 85.1% of its total CAPEX. Of this amount, EUR 0 of Kion Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Kion Group's Taxonomy-Eligible Capex Over Time
Total Taxonomy Eligible Capex
Total Taxonomy Aligned Capex
Have Kion Group's increased its investment in sustainable activities over time?
Since 2022, Kion Group's taxonomy-aligned capital expenditure (CAPEX)decreased by 100%,indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.a, c
Insights into Kion Group's OPEX from Sustainable Activities
In 2024, Kion Group reported EU Taxonomy-eligible OPEX of EUR 183.90 million,representing 46.3% of its total operating expenses (OPEX). Of this amount, EUR 0 of Kion Group's OPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Kion Group's Taxonomy-Eligible Opex Over Time
Total Taxonomy Eligible Opex
Total Taxonomy Aligned Opex
Have Kion Group's increased its spending in sustainable activities over time?
Since 2022, Kion Group's taxonomy-aligned operating expenditure (OPEX)decreased by 100%,indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.a, c
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