KONE industry leader among top companies in CDP reporting

KONE Corporation, press release, October 31, 2012

KONE achieved a commendable score of 90 out of 100 in the Carbon Disclosure Project (CDP), rising from 83/100 in 2011. A high score indicates good internal data management and understanding of climate change related issues affecting the company.

The reporting is based on the real achievements KONE has made to reduce greenhouse gas emissions and KONE's score has risen for three straight years. It was also included in the Carbon Disclosure Leadership Index (CDLI), which lists the top 10 percent of the 260 companies included in the CDP Nordic report. This is the second year running that KONE has been counted as one of the leading companies in the annual survey.

"Environmental excellence is a joint effort of our employees around the organization as well as our partners, and I want to thank all who have contributed to this success," said Hanna Uusitalo, Environmental Director at KONE.

KONE's long-term environmental objectives are to further improve the eco-efficiency of its solutions, modernize existing elevators and escalators to make them more energy-efficient, and to further reduce the environmental impact of its operations - especially its carbon footprint.

In addition to carbon disclosure, the CDP evaluates companies on their performance for mitigating climate change on a scale of A to E. Scores from A to B are considered high performance. With a B score for the third year in a row, KONE's results for the year bested those of other companies in the elevator and escalator industry.

"We are on the right path and our achievements are also acknowledged by external stakeholders. Our CDP results have improved year by year and we are clearly leading the way in our industry," Uusitalo said.

The Carbon Disclosure Project is an independent not-for-profit organization that aims to drive businesses and cities towards reducing their greenhouse gas emissions and sustainable water use. In its Carbon Disclosure Leadership Index the CDP features companies with the most professional approach to climate change information disclosure practices.

More information on KONE's environmental excellence can be found at www.kone.com/sustainability.

More information on the Carbon Disclosure Project

For further information, please contact:
Hanna Uusitalo, Environmental Director, KONE Corporation, tel. +358 204 75 2562

Previous press releases concerning KONE's corporate responsibility are available at www.kone.com/press including:

Oct. 21, 2011 KONE included on the Nordic Carbon Disclosure Leadership Index

About KONE
KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance. The company's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. In 2011, KONE had annual net sales of EUR 5.2 billion and on average 35,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.