PRESS RELEASE : KION Group recognized by CDP for its climate change mitigation

 
 DGAP-News: KION GROUP AG / Key word(s): Rating 
KION Group recognized by CDP for its climate change mitigation (news with 
additional features) 
 
2020-12-17 / 11:16 
The issuer is solely responsible for the content of this announcement. 
 
*KION Group recognized by CDP for its climate change mitigation* 
 
- *KION Group achieves its first 'A-' rating * 
 
*- Participation in CDP's climate reporting for third time * 
 
*- KION Senior HSE Director Barbara Trautmann: "We are constantly developing 
resource-efficient and energy-saving systems to ensure environmentally 
friendly intralogistics." * 
 
Frankfurt a. M., December 17, 2020 - International environmental 
organization CDP has once again recognized the KION Group's commitment to 
combating climate change. The intralogistics provider received an 'A-' 
rating for the first time in the latest assessment, considerably improving 
on its 'B' rating of the past two years. The rating reflects the KION 
Group's progress from a coordinated approach to climate change mitigation 
(management level) to the implementation of the latest best practice 
(leadership level). 
 
"Combating climate change is and remains a key area of action for the KION 
Group. CDP's positive assessment of our climate management efforts confirms 
that we are on the right path. We will continue to focus on our target of 
reducing our energy-related CO2 emissions by 30 percent by 2027," said 
Barbara Trautmann, Senior Health, Safety, and Environment Director at the 
KION Group. 
 
The KION Group won particular praise for its performance in the 'emissions 
reduction initiatives' category thanks to its ongoing measures to reduce its 
carbon footprint and record these at its sites during the reporting 
period.In 2019, the Company presented 19 initiatives with combined potential 
savings of around 19,764 metric tonnes of CO2 equivalents. Seven of these 
had already been implemented at the start of 2020. Alongside 
transportation-related emissions, it is primarily emissions from 
production-related energy consumption that are key to achieving KION's 
climate target. The latter were successfully reduced in the year under 
review, for example through process optimization and measures to increase 
the energy efficiency of heating, ventilation, and lighting at the Group's 
sites. 
 
Sustainability is an integral element of the KION Group's corporate 
strategy. "We are continuously developing resource-efficient and 
energy-saving systems in the material handling sector for environmentally 
friendly intralogistics," says Trautmann. Electric products (electric 
forklift trucks and warehouse equipment) accounted for around 85 percent of 
the KION Group's industrial truck order intake in 2019. The Group offers its 
customers innovative drive technologies for industrial trucks - such as 
lithium-ion batteries and cutting-edge fuel cells - and related services. 
The KION Group relies on renewable energy at its own plants, in particular 
through solar panels on factory roofs and green electricity from hydropower. 
 
Further information on climate management at the KION Group is available in 
the 2019 sustainability report: 
https://www.kiongroup.com/KION-Website-Main/About-us/Management/Sustainabili 
ty/Reports/KION_Sustainability_Report_2019_EN.pdf [1]. 
 
*The CDP environmental initiative* 
 
CDP is a global environmental non-profit organization that, among other 
things, collects data on the measures to combat climate change taken by 
companies, towns, and cities around the world. Through CDP, over 515 
investors with assets totaling around US$ 106 trillion have come together to 
push for more environmental reporting. CDP uses its independent evaluation 
method to assess the climate protection strategies and measures employed by 
companies. For further information on CDP, visit www.cdp.net [2]. 
 
The Company 
 
The KION Group is one of the world's leading providers for industrial trucks 
and supply chain solutions. Its portfolio encompasses industrial trucks, 
such as forklift trucks and warehouse equipment, as well as integrated 
automation technology and software solutions for the optimization of supply 
chains, including all related services. Across more than 100 countries 
worldwide, the KION Group's solutions improve the flow of material and 
information within factories, warehouses, and distribution centers. The 
Group, which is included in the MDAX, is the largest manufacturer of 
industrial trucks in Europe and the second largest worldwide in terms of 
units sold. It is also a leading provider of automation technology. 
 
The KION Group's world-renowned brands are well established. Dematic, the 
newest addition to the KION Group, is a global leader in warehouse 
automation, providing a broad range of intelligent supply chain and 
automation solutions. The Linde and STILL brands serve the premium 
industrial truck segment. Baoli focuses on industrial trucks in the value 
segment. Among KION's regional industrial truck brand companies, Fenwick is 
the largest supplier of material handling products in France. 
 
With an installed base of more than 1.5 million industrial trucks and over 
6,000 installed systems, the KION Group's customers include companies in 
numerous industries of various sizes on six continents. The Group has 
currently more than 35,000 employees and generated revenue of &euro8.8 
billion in 2019. 
 
_Current KION Group images can be found in our image database at 
_https://mediacenter.kiongroup.com/categories [3] _and on the websites of 
our various brands_. 
 
(jn) 
 
Disclaimer 
 
This release and the information contained herein are for information 
purposes only and do not constitute a prospectus or an offer to sell or a 
solicitation of an offer to buy any securities in the United States or in 
any other jurisdiction. 
 
This release contains forward-looking statements that are subject to various 
risks and uncertainties. Future results could differ materially from those 
described in these forward-looking statements due to certain factors, e.g. 
changes in business, economic and competitive conditions (including with 
respect to further developments in relation to the COVID-19 pandemic), 
regulatory reforms, results of technical studies, foreign exchange rate 
fluctuations, uncertainties in litigation or investigative proceedings, and 
the availability of financing. We do not undertake any responsibility to 
update the forward-looking statements in this release. 
 
Further information for the media 
 
Michael Hauger 
Senior Vice President Corporate Communications 
Tel: [phone] 
Cell: [phone] 
[e-mail] 
 
Frank Grodzki 
Senior Director External Communications & Group Newsroom 
Tel: [phone] 
Cell: [phone] 
[e-mail] 
 
Further information for investors 
 
Sebastian Ubert 
Vice President Investor Relations 
Tel: [phone] 
[e-mail] 
 
Antje Kelbert 
Senior Manager Investor Relations 
Tel: [phone] 
[e-mail] 
 
Dana Unger 
Senior Manager Investor Relations 
Tel: [phone] 
[e-mail] 
 
Additional features: 
 
Picture: http://newsfeed2.eqs.com/kion/1155961.html [4] 
Subtitle: KION / CDP 
 
File: KION_Press Release_CDP-Rating [5] 
 
2020-12-17 Dissemination of a Corporate News, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:    English 
Company:     KION GROUP AG 
             Thea-Rasche-Straße 8 
             60549 Frankfurt/Main 
             Germany 
Phone:       [phone] 
E-mail:      [e-mail] 
Internet:    www.kiongroup.com 
ISIN:        DE000KGX8881 
WKN:         KGX888 
Indices:     MDAX 
Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated 
             Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, 
             Munich, Stuttgart, Tradegate Exchange 
EQS News ID: 1155961 
 
End of News DGAP News Service 
 
1155961 2020-12-17 
 
 
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(END) Dow Jones Newswires

December 17, 2020 05:17 ET (10:17 GMT)