KONE Elevators was named the 12th greenest company by leading American magazine Newsweek.

A global leader in the elevator and escalator industry, KONE was listed in the 2014 Newsweek Green Ranking released by Newsweek and its research partner Corporate Knights Capital.

The green companies’ list is compiled on the basis of an evaluation conducted on the world’s largest publicly traded companies using eight metrics that collectively provide a transparent measurement of overall corporate environmental performance. KONE is the only top 50 company representing the elevator and escalator industry.

The ranking brings to light the position of some of the world’s biggest companies on issues such as climate change, rising energy costs and water scarcity.

Elijah Wolfson, senior editor at Newsweek explains that several world-leading companies have come to realise the need to openly account for their environmental impact. The goal of Newsweek’s Green Rankings is to encourage this type of accountability.

KONE is focused on providing safe, environmentally efficient and responsible high-performance People Flow solutions. This green transformation in their products and services is suitably backed by KONE’s focus on minimising their environmental impact within their operations.