Press Release
12.08.2020

Thyssenkrupp Elevator receives prestigious ‘A’ rating from global environmental non-profit CDP

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• Thyssenkrupp Elevator was selected for its commitment to cut emissions, mitigate risks and reduce its carbon footprint
• Only a small group of companies from the more than 9,600 companies evaluated by CDP received an ‘A’ rating
• In 2020, Thyssenkrupp Elevator continued to lead the way in North America, winning an award from the Department of Energy, joining the Corporate Electric
• Vehicle Alliance and earning another Environmental Product Declaration

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ATLANTA (December 8, 2020) – Thyssenkrupp Elevator has been recognized for leadership in corporate sustainability by global environmental non-profit CDP, receiving its prestigious ‘A List’ rating for tackling climate change. More than 9,600 companies were scored by CDP, with Thyssenkrupp Elevator being among a small number of high-performing companies to earn an ‘A’ grade.

The recognition was due in part to Thyssenkrupp Elevator’s corporate environmental ambitions, actions and transparency worldwide as the vertical transportation leader has consistently prioritized actions that are beneficial to the climate and environment.

“We are proud to achieve the prestigious placement on CDP’s ‘A List’. At Thyssenkrupp Elevator, sustainability means investing in the environmentally friendly production of innovative mobility solutions that tackle the challenges of urbanization. That comprises an even more intelligent and reduced use of materials as well as sustainable products, and reduced energy consumption in all products and services,” comments Peter Walker, CEO of Thyssenkrupp Elevator. “At Thyssenkrupp Elevator, our commitment to reducing the environmental footprint of our products, processes and operations is embedded in our culture and mindset.”

CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2020, over 9,600 companies have disclosed data on environmental impacts, risks and opportunities through CDP’s platform – the highest ever.

According to expert estimation, global energy demand will increase by 20% to 35% over the next 15 years. Cities, where buildings are the biggest energy consumers, will account for two-thirds of this increase. Thyssenkrupp Elevator is significantly reducing energy consumption by creating elevator systems that improve buildings’ energy efficiency as well as implementing new technologies and systems capable of driving a building’s energy selfsufficiency. At One World Trade Center in New York City, for example, Thyssenkrupp Elevator’s regenerative drives supply enough energy for the building’s entire lighting system.

“We are strongly committed to sustainability by reducing our environmental footprint. In particular, we have committed to fewer CO2 emissions, increased energy efficiency and work hard towards improved waste management,” says Dr. Paula Casares, Head of Sustainability at Thyssenkrupp Elevator. “Specifically, by 2030, we are targeting a carbon footprint reduction of 25%, and by 2040, we are aiming to reduce our GHG emissions by 50%, based on our current carbon-footprint for Scope 1 and 2 emissions.”

In 2020, Thyssenkrupp Elevator continued to demonstrate its strong commitment to sustainability in North America.

Specifically, Thyssenkrupp Elevator was recognized by the U.S. Department of Energy’s

Better Plants Program with a 2020 Better Project Award. The award recognized Thyssenkrupp Elevator’s commitment to green building and improving energy efficiency as it reduced natural gas consumption on its structural paint line oven by 35% at its LEED Gold and ISO50001-certified manufacturing facility in Middleton, Tennessee.

In recent years, thyssenkrupp Elevator has also received the Alliance to Save Energy’s Innovative Star of Energy Efficiency Award, and was recognized by BuildingGreen as a Top Product for its work involving material transparency and LEED v4.

In September 2020, Thyssenkrupp Elevator joined the Corporate Electric Vehicle Alliance (CEVA), a collaborative group of companies focused on accelerating the transition to electric vehicles (EVs). Led by Ceres, a sustainability nonprofit organization, CEVA supports companies in making and achieving bold commitments to fleet electrification. CEVA will help support Thyssenkrupp Elevator’s transition to an all-electric fleet through the sharing of best practices, success stories, and the identification and implementation of solutions to overcome market, technology and policy challenges.

In October 2020, Thyssenkrupp Elevator published an Environmental Product Declaration (EPD) for its evolution low- to mid-rise elevators in accordance with ISO 14025. An EPD is an assessment of the environmental impacts of a product over its life cycle that is verified by an independent third-party. Thyssenkrupp Elevator was the first elevator company to publish an EPD and has now published four EPDs.

Thyssenkrupp Elevator is also pursuing LEED v4 certification for its new elevator test tower being built at The Battery Atlanta. The test tower, part of the Innovation and Qualification Center, is one of three buildings that will comprise Thyssenkrupp Elevator’s new North American headquarters when it is completed in 2021.

“We have ambitious carbon-reduction goals in North America that we are working hard to achieve, with much work still ahead of us,” says Monica Miller Brown, Sustainable Design Manager for Thyssenkrupp Elevator North America. “However, our CDP A-list recognition rewards many years of environmental thought-leadership and action on all aspects of our business, and we are grateful to be recognized for our environmental and sustainability performance.”

For more information on Thyssenkrupp Elevator’s green building and sustainability efforts, go to https://www.tkelevator.com/Sustainability.

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