Kone Oyj – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
Moderate	Kone describes a structured process to keep its policy engagement aligned with its climate strategy, stating that "The engagement activities in general are governed by KONE’s Sustainability Board and/or Codes and Standards Steering and Executive Board that ensure the alignment with the climate targets and KONE’s strategy on climate change across all KONE’s business divisions and geographic locations." Operational responsibility is pushed down to country level where "KONE's local Managing Directors and Codes and Standards experts look at the legal, local and voluntary build environment requirements and ensure they are in line with our long-term climate transition plan in limiting the global warming to 1.5 degree Celsius," while escalation can reach "KONE's Executive Board or the Board of Directors." These disclosures show both a policy commitment and concrete internal oversight mechanisms for reviewing and approving climate-related advocacy, and they publicly commit to conducting “engagement activities in line with the goals of the Paris Agreement.” However, the company does not disclose any systematic review of its trade-association memberships, does not describe how misalignments are identified or remedied, and provides no public lobbying-alignment report, so the transparency and breadth of its governance remain limited. View Sources	2

Overall Assessment

Analysis

Score

Moderate

Kone describes a structured process to keep its policy engagement aligned with its climate strategy, stating that "The engagement activities in general are governed by KONE’s Sustainability Board and/or Codes and Standards Steering and Executive Board that ensure the alignment with the climate targets and KONE’s strategy on climate change across all KONE’s business divisions and geographic locations." Operational responsibility is pushed down to country level where "KONE's local Managing Directors and Codes and Standards experts look at the legal, local and voluntary build environment requirements and ensure they are in line with our long-term climate transition plan in limiting the global warming to 1.5 degree Celsius," while escalation can reach "KONE's Executive Board or the Board of Directors." These disclosures show both a policy commitment and concrete internal oversight mechanisms for reviewing and approving climate-related advocacy, and they publicly commit to conducting “engagement activities in line with the goals of the Paris Agreement.” However, the company does not disclose any systematic review of its trade-association memberships, does not describe how misalignments are identified or remedied, and provides no public lobbying-alignment report, so the transparency and breadth of its governance remain limited.

View Sources

Lobbying Transparency

Overall Assessment	Analysis	Score
Strong	KONE demonstrates considerable clarity in describing its climate policy advocacy. It names specific climate-related measures it has engaged with, such as input to the revision of the Energy Performance of Building Directive, and provides details on its participation in creating energy-efficiency standards for elevators and escalators. Additionally, the company offers insight into its lobbying mechanisms through membership in standards committees and industry organizations, targeting entities including the European Union and various standards bodies. KONE also discloses its objectives to develop global energy-efficiency requirements for vertical transportation equipment and strengthen the ability of Finnish businesses to leverage climate-related opportunities, showing a willingness to explain how it intends to influence policy. Taken together, these disclosures reflect a strong degree of transparency regarding its climate lobbying efforts.	3