TK Elevator is a German maker and servicer of elevators and escalators, based in Düsseldorf and owned by Advent and Cinven; KONE agreed in April 2026 to buy it. 2 billion revenue in the year to September 2025.
Head office Düsseldorf, GermanyStaff ~53,200 (FY2024/25)Revenue ~€9.2B (FY2024/25)Website ↗
TK Elevator's market-based operational emissions are 31% below 2019, and its value-chain emissions fell 22% in the last year, partly because it shipped fewer units in China. Most of its renewable electricity is certificates, and its vehicle fleet keeps renewables to 13% of total energy. Its targets are described as SBTi-validated, but that could not be confirmed independently.
TK Elevator scores 45/100 (Below expectations) on SINK's independent climate assessment, scored from public data only. Scores are free. Companies can never pay for anything about their own score. Last verified October 2026.
That places TK Elevator joint 275th of 900 companies scored, and 4th of 15 in Industrial Equipment / Machinery.
Strongest on Carbon Footprint — Operations and Controversies & Red Flags (8/10, 8/10). Weakest on Nature & Biodiversity Impact and Water Impact (3/10, 4/10).
For each question that lost points, the evidence our public rubric looks for that we didn't find.
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SINK = (0.3 × Base + 0.7 × Performance) × Scale10 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.
30% of them were published by TK Elevator itself; the rest come from independent sources.
“Scope 1 113,580 115,383 115,283”
“Scope 1 and 2 emissions down 31% vs. 2019 baseline”
“Scope 1 and 2 emissions are down 31%”
“TK Elevator recently joined RE100”
“escalator and elevator factories in Spain and Germany have been operating exclusively with green electricity”
“KONE and TK Elevator (TKE) are among the OEMs recognized with a prestigious A score”
“Advent and Cinven acquired TKE for €17bn from German conglomerate Thyssenkrupp in 2020”
“Primary Offense : solid waste violation”
“The Science Based Targets initiative has approved TK Elevator’s emission reduction targets”
“commits to reach net-zero global emissions by 2050 at the latest”
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Where TK Elevator sits among industrial equipment / machinery peers.
Among the 15 major industrial equipment / machinery brands we've scored, TK Elevator sits 4th of 15.
The 3 companies in the sector scoring nearest above TK Elevator.
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