TK Elevator receives Gold status in EcoVadis sustainability rating

TK Elevator has been awarded the EcoVadis Gold status for the first time. The company now ranks amongst the top 5% of all companies currently assessed by EcoVadis.

EcoVadis reviews companies annually on the basis of their sustainability performance in the categories “Environment”, “Labor & Human Rights”, “Ethics”, and “Sustainable Procurement”. TK Elevator performed extremely well across all areas - particularly in regard to its carbon management practices.

Since becoming independent in 2020, TK Elevator has achieved several key milestones on its sustainability journey: For two years in a row, the company has received an “A” rating for climate protection in the world's largest climate ranking from the rating organization CDP and topped the global Sustainalytics ESG ranking in the machinery industry in 2021. In May, this year, the company published its first Sustainability Report and announced its new emission reduction targets, which have been validated by the Science Based Targets initiative.

Dr. Paula Casares, Head of ESG at TK Elevator, explains: “As one of the industry’s market leaders, we are aware of our responsibility and ensure that sustainability is prioritized as an integral part of our strategy in all areas. The Gold rating from EcoVadis is both confirmation and incentive for us to expand our sustainability efforts even further.”