Kone Oyj

Common Name
Kone
Country
Finland
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
64,459
Ticker
KNEBV
Exchange
NASDAQ HELSINKI LTD
Description
Kone Oyj is a leading global provider of elevators, escalators, automatic building doors, and integrated solutions, with a focus on creating exceptional user experiences. Established in 1910 and headq...

Kone's GHG Emissions Data Preview

In 2023, Kone completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Kone has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Kone's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Kone amounted to 115,900 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Kone decreased by 22.84%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Kone's Scope 1 Emissions Over Time

2020202120222023030 k60 k90 k120 ktCO2e+8%-2%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Kone's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Kone were 114,200 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Kone reduced its Scope 1 emissions over time?

Since 2020, Kone's Scope 1 emissions have increased by 4.1%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Kone's Scope 1 emissions decreased by 2.23%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Kone's Scope 2 emissions?

In 2023, Kone reported Scope 2 greenhouse gas (GHG) emissions of 1,700 tCOâ‚‚e using the market-based method.

Has Kone reduced its Scope 2 emissions over time?

Since 2020, Kone's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 93.31%, reflecting a declining long-term trend in Scope 2 emissions over time.

What methodology does Kone use for Scope 2 reporting?

In 2023, Kone reported its Scope 2 emissions using the market-based method.

Kone's Scope 2 Emissions Over Time

202020212022202308.5 k17 k25.5 k34 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Kone's Value Chain Emissions

In 2023, Kone reported 12,575,600 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Kone includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Kone's Scope 3 Emissions Over Time

202020212022202304 M8 M12 M16 MtCO2e+9%-15%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Kone's Scope 3 emissions?

In 2023, Kone reported total Scope 3 emissions of 12,575,600 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 36.1% of these emissions originated from upstream activities such as purchased goods and capital goods, while 63.9% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Kone reduced its Scope 3 emissions over time?

Since 2020, Kone's Scope 3 emissions have decreased by 10.9%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Kone's Scope 3 emissions remained relatively stable, indicating that Kone 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Kone disclose?

In 2023, Kone reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Kone's Scope 3 emissions?

In 2023, the largest contributors to Kone's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 8,036,000 tCOâ‚‚e (63.9%)
  • Purchased Goods and Services (Cat. 1): 4,410,400 tCOâ‚‚e (35.07%)
  • Upstream Transportation and Distribution (Cat. 4): 108,600 tCOâ‚‚e (0.86%)

Kone's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(35.1%)Use of Sold Products(Cat. 11)(63.9%)

Insights into Kone's Total Carbon Footprint

In 2023, Kone reported a total carbon footprint of 12,691,500 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.07% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Kone's total carbon footprint was Scope 3 emissions, accounting for 99.09% of the company's total carbon footprint, followed by Scope 1 emissions at 0.9%.

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