KION Group recognized by CDP for its climate change mitigation

2020-12-17 / 11:16:47

KION Group recognized by CDP for its climate change mitigation

- KION Group achieves its first 'A-' rating

- Participation in CDP's climate reporting for third time

- KION Senior HSE Director Barbara Trautmann: "We are constantly developing resource-efficient and energy-saving systems to ensure environmentally friendly intralogistics."

Frankfurt a. M., December 17, 2020 - International environmental organization CDP has once again recognized the KION Group's commitment to combating climate change. The intralogistics provider received an 'A-' rating for the first time in the latest assessment, considerably improving on its 'B' rating of the past two years. The rating reflects the KION Group's progress from a coordinated approach to climate change mitigation (management level) to the implementation of the latest best practice (leadership level).

"Combating climate change is and remains a key area of action for the KION Group. CDP's positive assessment of our climate management efforts confirms that we are on the right path. We will continue to focus on our target of reducing our energy-related CO2 emissions by 30 percent by 2027," said Barbara Trautmann, Senior Health, Safety, and Environment Director at the KION Group.

The KION Group won particular praise for its performance in the 'emissions reduction initiatives' category thanks to its ongoing measures to reduce its carbon footprint and record these at its sites during the reporting period. In 2019, the Company presented 19 initiatives with combined potential savings of around 19,764 metric tonnes of CO2 equivalents. Seven of these had already been implemented at the start of 2020. Alongside transportation-related emissions, it is primarily emissions from production-related energy consumption that are key to achieving KION's climate target. The latter were successfully reduced in the year under review, for example through process optimization and measures to increase the energy efficiency of heating, ventilation, and lighting at the Group's sites.

Sustainability is an integral element of the KION Group's corporate strategy. "We are continuously developing resource-efficient and energy-saving systems in the material handling sector for environmentally friendly intralogistics," says Trautmann. Electric products (electric forklift trucks and warehouse equipment) accounted for around 85 percent of the KION Group's industrial truck order intake in 2019. The Group offers its customers innovative drive technologies for industrial trucks - such as lithium-ion batteries and cutting-edge fuel cells - and related services. The KION Group relies on renewable energy at its own plants, in particular through solar panels on factory roofs and green electricity from hydropower.

Further information on climate management at the KION Group is available in the 2019 sustainability report: https://www.kiongroup.com/KION-Website-Main/About-us/Management/Sustainability/Reports/KION_Sustainability_Report_2019_EN.pdf.

The CDP environmental initiative

CDP is a global environmental non-profit organization that, among other things, collects data on the measures to combat climate change taken by companies, towns, and cities around the world. Through CDP, over 515 investors with assets totaling around US$ 106 trillion have come together to push for more environmental reporting. CDP uses its independent evaluation method to assess the climate protection strategies and measures employed by companies. For further information on CDP, visit www.cdp.net.

The Company

The KION Group is one of the world's leading providers for industrial trucks and supply chain solutions. Its portfolio encompasses industrial trucks, such as forklift trucks and warehouse equipment, as well as integrated automation technology and software solutions for the optimization of supply chains, including all related services. Across more than 100 countries worldwide, the KION Group's solutions improve the flow of material and information within factories, warehouses, and distribution centers. The Group, which is included in the MDAX, is the largest manufacturer of industrial trucks in Europe and the second largest worldwide in terms of units sold. It is also a leading provider of automation technology.

The KION Group's world-renowned brands are well established. Dematic, the newest addition to the KION Group, is a global leader in warehouse automation, providing a broad range of intelligent supply chain and automation solutions. The Linde and STILL brands serve the premium industrial truck segment. Baoli focuses on industrial trucks in the value segment. Among KION's regional industrial truck brand companies, Fenwick is the largest supplier of material handling products in France.

With an installed base of more than 1.5 million industrial trucks and over 6,000 installed systems, the KION Group's customers include companies in numerous industries of various sizes on six continents. The Group has currently more than 35,000 employees and generated revenue of €8.8 billion in 2019.

Current KION Group images can be found in our image database at https://mediacenter.kiongroup.com/categories and on the websites of our various brands.

(jn)

Disclaimer

This release and the information contained herein are for information purposes only and do not constitute a prospectus or an offer to sell or a solicitation of an offer to buy any securities in the United States or in any other jurisdiction.

This release contains forward-looking statements that are subject to various risks and uncertainties. Future results could differ materially from those described in these forward-looking statements due to certain factors, e.g. changes in business, economic and competitive conditions (including with respect to further developments in relation to the COVID-19 pandemic), regulatory reforms, results of technical studies, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. We do not undertake any responsibility to update the forward-looking statements in this release.
 

Further information for the media

Michael Hauger
Senior Vice President Corporate Communications
Tel: +49 (0)69 201 107 655
Cell: +49 (0)151 1686 5550
michael.hauger@kiongroup.com

Frank Grodzki
Senior Director External Communications & Group Newsroom
Tel: +49 (0)69 201 107 496
Cell: +49 (0)151 6526 2916
frank.grodzki@kiongroup.com

 

Further information for investors

Sebastian Ubert
Vice President Investor Relations
Tel: +49 (0)69 201 107 329
sebastian.ubert@kiongroup.com

Antje Kelbert
Senior Manager Investor Relations
Tel: +49 (0)69 201 107 346
antje.kelbert@kiongroup.com

Dana Unger
Senior Manager Investor Relations
Tel: +49 (0)69 201 107 371
dana.unger@kiongroup.com

Contact

Contact

Michael Hauger

Senior Vice President Corporate Communications

Contact

Frank Grodzki

Senior Director Corporate External Communications & Group Newsroom

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