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KONE 2015 | SUSTAINABILITY REPORT

MANAgINg SUSTAINABILITY

13

LISTENINg TO OUR STAKEHOLDERS

We work closely with our stakeholders on the

various topics of sustainability, and maintain

an active dialogue with them. KONE’s main

stakeholders are our customers, employees,

shareholders, suppliers, distributors, media,

educational institutions, and local communities.

Keeping an open and continuous dialogue

enables us to collaborate efficiently and

ensures a predictable business environment for

all parties. Read more about this collaboration

in the table below.

Stakeholder group Channels of dialogue

Assessments and

key topics raised

KONE deals with over

400,000

customers

worldwide. Our main

customers are builders,

building owners,

facility managers, and

developers

Customer meetings and events, constant

dialogue through solution support, seminars

and conferences, company reports, brochures

and magazines, company website and social

media channels

Annual global customer loyalty survey: Continued

positive feedback on product quality and offering, as well

as competence of KONE personnel. KONE is continuously

developing in several areas: competence development,

customer centricity and communication.

KONE pays wages and

salaries to approximately

50,000

employees

in

over 60 countries

Performance discussions, continuous face-

to-face dialogue between employees and

managers, European Annual Employee

Forum, company intranet, internal employee

publications, training events, global learning

solutions, innovation creation through

Innovation Tool

Pulse employee survey, annual performance discussions,

Idea Management System, Innovation Tool. The global

Pulse results showed clear improvement in collaboration.

Cross-team workgroups continued to drive further devel-

opment of work processes and collaboration.

KONE conducts business

with approximately

20,000

s

uppliers

Continuous one-to-one dialogue, Annual

Supplier Day for Strategic Suppliers, trade fairs,

steering group meetings, supplier workshops.

Annual supplier survey, supplier performance

assessment with the Supplier Excellence Certification

Program. No material concerns raised, discussions about

day-to-day operational issues, for example on how to

further improve the logistic processes and quality. (Read

more on pages 26 and 42.)

KONE pays dividends to

over 56,000

share-

holders

, ranging from

institutional investors and

companies to individuals,

public institutions, and

non-profit organizations

An active and open dialogue: Financial

disclosure is provided through stock exchange

and press releases, as well as financial and

other company reports. In addition, more

personal channels of dialogue include

management meetings with investors and

analysts, annual general meetings, and capital

markets days. We have a dedicated Investor

Relations team at KONE, which coordinates

all of KONE’s Investor Relations activities. This

ensures a fair and equal access to company

information and to its spokespersons

Some of the most discussed topics with KONE’s

stakeholders include current and future business

performance, the development of KONE’s end markets

as well as KONE’s capital allocation. We receive direct

feedback from financial market representatives in

discussions and meetings, and we collect feedback from

the financial community also through surveys.

KONE collaborates with

authorized

distributors

in close to 80 countries

Continuous dialogue through daily contacts,

regular country visits, distributors’ meetings

and various support tools

Customer survey, monitoring of sales-related activities,

and direct feedback from distributors. No material

concerns raised.

KONE communicates

proactively and openly

with representatives of

the

media

Press releases, interviews, background briefings,

visits, press events, factory tours, publications

and magazines, company website and social

media channels

Surveys, media analysis, reputation studies. No special issues

raised during the reporting period.

KONE collaborates with

educational institutions

locally and globally

KONE International Trainee Program, CEMS,

Singularity University, thesis opportunities, local

internships, participation in recruitment fairs,

common projects, guest lectures, participation in

research programs and social media platforms

Most attractive workplace surveys, online tracking.

Efforts for deepening school collaboration and social

media visibility have been increased to further strength-

en Talent acquisition and employer brand.

Society

- KONE pays

direct taxes, social

security, and employer

expenses in more than

60 countries

Media coverage, company website and social

media channels, reports, stakeholder relations

Sustainability surveys, reputation studies. No special

issues raised during the reporting period.

MEMBERSHIPS AND

POSITIONS OF TRUST

KONE is an active participant in

organizations developing codes,

standards, and guidelines for

improving safety, accessibility,

energy efficiency, as well as other

organizations advancing sustainable

development. In 2015, KONE

continued to be a member of the

following organizations:

• United Nations Global Compact

• The International Organization for

Standardization (ISO)

• Standardization Administration of

China (SAC)

• The European Committee for

Standardization (CEN)

• International Trade Associations,

such as the European Lift Association

(ELA), the Pacific Asia Lift and

Escalator Association (PALEA), and

the National Elevator Industry, Inc.

(NEII) in North America

• World Business Council for

Sustainable Development (WBCSD)

• Green building councils in the United

States, Finland, India, Italy, Romania,

Singapore, the Netherlands, Sweden,

Vietnam and the Czech Republic

• World Alliance of Low Carbon Cities

(WALCC)

• European Round Table of

Industrialists’ Energy and Climate

Change Working Group (ERT)

• Cleantech Finland

• Climate Leadership Council

• Council on Tall Buildings and Urban

Habitat (CTBUH)