Kone Oyj
Industry Group: Machinery
Country/Region: Finland
Identifier: HEL:KNEBV
Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to its closest competitors Otis, Schindler, and TK Elevator.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Machinery 21 out of 571
Universe
Global Universe 2647 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Kone Oyj |
16.9
Low
|
21 out of 571 |
| Schindler Holding AG |
19.7
Low
|
49 out of 571 |
| Xylem, Inc. |
22.9
Medium
|
108 out of 571 |
| Dover Corp. |
24.5
Medium
|
146 out of 571 |
| SMC Corp. (Japan) |
30.2
High
|
318 out of 571 |
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Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
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Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
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Top Material ESG Issues for Kone Oyj
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Controversy Rating
Highest Controversy level that has impacted Kone Oyj's ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
