Kone Oyj
Kone EU Taxonomy Data Preview
In 2024, Kone 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.
Kone has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Kone are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Turnover | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Taxonomy Eligible A Turnover | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Taxonomy Non-Eligible B Turnover | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
a
a
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| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Opex | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. b | Copy restricted. Please purchase to unlock this data. c | 0000000 |
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| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Capex | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Taxonomy Non-Eligible B Capex | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
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Verified Sources Behind Kone’s EU Taxonomy Data
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Insights into Kone's Revenues from Sustainable Activities
In 2024, Kone reported EU Taxonomy-eligible revenues of EUR 5.08 billion, representing 45.8% of its total turnover. Of this amount, EUR 4.93 billion of Kone's revenues was classified as EU Taxonomy-aligned, indicating that 44.4% 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
Kone's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Kone's revenues become more sustainable over time?
Since 2022, Kone's taxonomy-aligned revenues increased by 214.89%, reflecting a sustained upward trend in environmentally sustainable revenue generation. a c
Compared to the previous year (2023), Kone's taxonomy-aligned revenues increased by 339.6%, highlighting Kone's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy. a b
How much of Kone's revenue is eligible under the EU Taxonomy?
In 2024, Kone reported that EUR 5.08 billion of its revenue was eligible under the EU Taxonomy, representing 45.8% of the company's total turnover. Of this amount, EUR 4.93 billion (44.4% of total revenue) was classified as Taxonomy-aligned. This means that 1.4% of Kone'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 Kone's eligible revenue is aligned with the EU Taxonomy?
In 2024, Kone reported that EUR 4.93 billion of its revenue was aligned under the EU Taxonomy, representing 44.4% of its total turnover. a
This moderate level of alignment indicates that Kone has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Kone's Eligibility & Alignment Overview
Kone's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Kone's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Kone reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives a :
- Climate Change Mitigation: 16.7%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 27.7%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Kone earn from selling climate-related solutions ?
In 2024, Kone reported that EUR 1.85 billion 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 16.7% of the company's total revenue, indicating that Kone has a moderate focus on solutions that support climate action through its commercial activities. a
Insights into Kone's CAPEX from Sustainable Activities
In 2024, Kone reported EU Taxonomy-eligible CAPEX of EUR 160.00 million, representing 30.6% of its total CAPEX. Of this amount, EUR 0 of Kone'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
Insights into Kone's OPEX from Sustainable Activities
In 2024, Kone reported EU Taxonomy-eligible OPEX of EUR 0, representing 0% of its total operating expenses (OPEX). Of this amount, EUR 0 of Kone'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