TK Elevator tops ESG rating by Sustainalytics

 

TK Elevator recently topped the global Sustainalytics ESG ranking in the field of machinery industry and was awarded a ‘Low Risk’ rating

 
By Staff Writer, December 7, 2021 IFM
 

TK Elevator tops ESG rating by Sustainalytics
 

TK Elevator, one of leading companies in the elevator industry, recently topped the global Sustainalytics ESG ranking in the field of machinery industry. 

The agency analysed over 500 organisations across the globe, and TK Elevator was awarded with a ‘Low Risk’ rating.

Peter Walker, CEO, TK Elevator, said, “This ESG ranking confirms our focus on sustainability and our decision to make ESG a strategic priority for our company. We are convinced that sustainability and economic success are inextricably linked. That’s why we have committed ourselves to ambitious goals: Among other things, we support the ten principles of the UN Global Compact and the Business Ambition for 1.5°C initiative with a commitment to reduce our emissions to net zero by 2050 at the latest. The rating shows that we are headed towards the right direction and we will continue to take on our responsibility by realizing further activities in the area of sustainability."

Sustainalytics, a global leader in environmental, social and governance (ESG) and corporate governance research and ratings, evaluates companies against sustainability risks. Criteria include respect for human rights, supply chain management, as well as environmental and climate change risks. 

Results are measured on a scale of 0 to 100. Rating between 10 and 20 is classified as ‘Low Risk’. TK Elevator achieved a total score of 13.8, and scored below ten for several sub-categories like ‘corporate governance’, ‘human rights - supply chain’ and 'carbon - products and services’.

TK Elevator  Sustainalytics  ESG ranking  Peter Walker  

MORE FROM BUILT ENVIRONMENT

Arada Marks More than 100 million Safe Man-hours at Aljada megacommunity
Arada Marks More than 100 million Safe Man-hours at Aljada megacommunity

Works conducted span residential, retail, hospitality, entertainment, sports, healthcare, education, commercial, infrastructure and landscaping

April 30, 2026 UAE Community Management
Meraas Awards AED 2.4 billion in Construction Contracts for New Phases of The Acres Communities
Meraas Awards AED 2.4 billion in Construction Contracts for New Phases of The Acres Communities

United Engineering Construction (UNEC) has been appointed to deliver The Acres, while GCC Contracting will lead construction at The Acres Estates

April 30, 2026 UAE Business
Concordia Achieves ISO 41001:2018 Certification for Facility Management Systems
Concordia Achieves ISO 41001:2018 Certification for Facility Management Systems

Dubai-headquartered Concordia is an integrated facilities management company supporting a broad portfolio of commercial, residential, and mixed-use developments

April 30, 2026 UAE IFM
Farnek's New Flexible FM Contracts for Educational Institutions
Farnek's New Flexible FM Contracts for Educational Institutions

The three types of operational mode include a normal cycle, holiday cycle and a crisis cycle, said Farnek in a statement

April 29, 2026 UAE IFM
MERED hosts Emirati Artist Faris Al-Hammadi and Leading Brokers at ICONIC Residences Construction Site
MERED hosts Emirati Artist Faris Al-Hammadi and Leading Brokers at ICONIC Residences Construction Site

As part of the experience, guests were invited to write personal messages on a wall for future residents, celebrating the UAE's resilience, its unmatched opportunities, and its deep sense of community

April 24, 2026 UAE Real Estate
SEE Holding and World Bank Group’s IFC Announce Advisory Collaboration to Advance The Sustainable City Model
SEE Holding and World Bank Group’s IFC Announce Advisory Collaboration to Advance The Sustainable City Model

Under the collaboration, IFC will provide structured advisory support to help SEE Holding assess market demand, affordability dynamics, regulatory frameworks, environmental and social considerations, and overall project bankability

April 24, 2026 UAE Business
ALEC Holdings’ 2025 ESG Report Highlights Strong Foundations for Sustained Leadership and Growth
ALEC Holdings’ 2025 ESG Report Highlights Strong Foundations for Sustained Leadership and Growth

ALEC Holdings achieved the Dubai Chamber ESG Label (Advanced) and the EcoVadis ‘Committed’ badge, accreditations that recognise the Group’s structured approach to sustainability and its alignment with internationally recognised ESG standards

April 24, 2026 UAE Sustainability
Dar Global appoints Al Dahlawi Company to Deliver Main Works at Amaya in Jeddah
Dar Global appoints Al Dahlawi Company to Deliver Main Works at Amaya in Jeddah

Amaya is designed as a vibrant live-work-play destination in the heart of Jeddah, bringing together residential communities, business opportunities, retail destinations, and lifestyle amenities

April 23, 2026 Real Estate
Construction Commences On Casagrand Hermina At Dubai Islands
Construction Commences On Casagrand Hermina At Dubai Islands

Dubai Islands continues to strengthen its position as a key growth corridor, supported by major infrastructure investment, improving connectivity, and rising demand for waterfront communities

April 23, 2026 UAE Real Estate
Dubai Metro Unveils USD 9 billion 'Gold Line': Which Communities Will Benefit
Dubai Metro Unveils USD 9 billion 'Gold Line': Which Communities Will Benefit

Serving an estimated 1.5 million residents across 15 strategic districts, the line will become the emirate's first fully integrated underground transit corridor and a critical artery for communities that have long waited for a direct metro connection

April 22, 2026 UAE Business
 
Subscribe to our newsletter