Acting sustainably and responsibly is one of the key principles by which the KION Group operates. The Group’s focus on sustainability is reflected in its safe and clean products, in its environmentally friendly manufacturing processes and in the safe and non-discriminatory working environment it provides. The KION Group and its Operating Units strive for a balance between environmental, economic and social considerations in their activities. This is the basis upon which sustainability is enshrined in the KION 2027 strategy. The KION Group’s values also have a clear link to sustainability.
The KION Group’s commitment to sustainability has been recognised by investors, banks and rating agencies. The KION Group was added to the FTSE4Good Index Series for the first time in June 2019, following an independent assessment. Its corresponding FTSE Russel ESG Rating was 3.4. The KION Group was also given a rating (B) by the global environmental impact charity CDP and an industry-specific Prime Status rating (C+) by ISS ESG. These ratings are supporting the KION Group’s efforts to be categorised as a sustainable investment for environmentally conscious investors.
In addition, the KION Group’s Operating Units further improved their sustainability profile last year. LMH EMEA, for example, received a gold ranking from the rating agency Ecovadis.
The groupwide sustainability report for 2019, which will be published in April 2020, contains information on strategy, the management approach and structures for sustainability as well as data on relevant key performance indicators. It also contains the KION Group’s non-financial declaration as required under German law. For this reason, the KION Group has not provided detailed information in the 2019 combined management report.