Climate Change Data

TK Elevator GmbH

Climate Impact & Sustainability Data (2022-10 to 2023-09)

Reporting Period: 2022-10 to 2023-09

Environmental Metrics

Renewable Energy Share:68%
Total Energy Consumption:598,023 MWh/year
Water Consumption:530,026 m3/year
Waste Generated:17,224 tons/year

ESG Focus Areas

  • Sustainable solutions
  • Health and safety
  • Recruitment and retention

Environmental Achievements

  • Scope 1 and 2 emissions down 3% vs last year, -24% vs base year 2018/19
  • Share of renewable electricity up 9pps vs last year to 68% in 2022/23
  • Sites operating at zero waste to landfill up by 7pps vs last year 60% in 2022/23

Social Achievements

  • Launched EOX Renew, an ultra-flexible EOX-based refurbishment and modernization solution, bringing digital and sustainability features to existing buildings and improving accessibility.
  • Launched safety transformation program “We Get Home”

Governance Achievements

  • Developed a compliance risk assessment tool
  • Implemented a new data protection dashboard
  • Ran dedicated campaigns to promote our “speak up” culture

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero emissions by 2050
Medium-term Goals:
  • Achieve 100% renewable electricity across global operations by 2030
  • Achieve 100% of manufacturing sites operating at zero landfill waste by 2026
  • Reduce absolute Scope 1 and 2 GHG emissions 53% by 2030 from a 2019 base year
  • Reduce absolute Scope 3 GHG emissions from the use of sold products by 23% by 2030 from a 2021 base year
  • Complete a 360º sustainability assessment of all risk-critical suppliers by 2026
Short-term Goals:
  • Increase the share of females in senior leadership positions to 30% by 2025
  • Reduce our total recordable case (TRC) rate by 50% by 2027 from a 2022 base year

Environmental Challenges

  • Scope 3 emissions up 9% vs last year due to increased sales outpacing energy-efficiency improvements in products.
  • Decarbonizing the fleet of more than 16,000 vehicles.
Mitigation Strategies
  • Launch of EOX eco-efficient product to drive down Scope 3 emissions.
  • Initiatives to lower fuel consumption of vehicle fleet, route optimization, upgrading vehicles to newer models, increasing share of electric vehicles, exploring hybrid vehicles and biofuels (e.g., ethanol).

Supply Chain Management

Supplier Audits: 41/year

Responsible Procurement
  • Supplier Code of Conduct
  • Supplier sustainability requirements
  • Sustainability assessments (360° and 360°plus)

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather conditions
Transition Risks
  • Regulatory changes, carbon tax costs
Opportunities
  • Digitalization to increase uptime and service life of elevators, reduce CO2 emissions from vehicles
  • Energy-efficient products (LED lights, regenerative drives), AGILE, MULTI, TWIN

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC

Certifications: ISO 9001, ISO 14001, ISO 50001

Third-party Assurance: PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (limited assurance)

UN Sustainable Development Goals

  • Goal 3
  • Goal 5
  • Goal 7
  • Goal 8
  • Goal 11
  • Goal 13

See page 77 for details.

Sustainable Products & Innovation

  • EOX eco-efficient elevator system
  • EOX Renew modernization solution
  • TWIN elevator system
  • AGILE technology
  • MAX predictive maintenance system

Awards & Recognition

  • CDP Climate A List (4 consecutive years)
  • EcoVadis Gold Medal
  • Sustainalytics Top Rated ESG Companies List