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TK Elevator, one of leading companies in the elevator industry, recently topped the global Sustainalytics ESG ranking in the field of machinery industry.
The agency analysed over 500 organisations across the globe, and TK Elevator was awarded with a ‘Low Risk’ rating.
Peter Walker, CEO, TK Elevator, said, “This ESG ranking confirms our focus on sustainability and our decision to make ESG a strategic priority for our company. We are convinced that sustainability and economic success are inextricably linked. That’s why we have committed ourselves to ambitious goals: Among other things, we support the ten principles of the UN Global Compact and the Business Ambition for 1.5°C initiative with a commitment to reduce our emissions to net zero by 2050 at the latest. The rating shows that we are headed towards the right direction and we will continue to take on our responsibility by realizing further activities in the area of sustainability."
Sustainalytics, a global leader in environmental, social and governance (ESG) and corporate governance research and ratings, evaluates companies against sustainability risks. Criteria include respect for human rights, supply chain management, as well as environmental and climate change risks.
Results are measured on a scale of 0 to 100. Rating between 10 and 20 is classified as ‘Low Risk’. TK Elevator achieved a total score of 13.8, and scored below ten for several sub-categories like ‘corporate governance’, ‘human rights - supply chain’ and 'carbon - products and services’.
