ThyssenKrupp Elevator Americas Releases 2009/2010 Corporate Sustainability Report

(3BL Media / theCSRfeed) Alpharetta, GA - August 12, 2011 - Further demonstrating the company’s commitment to global sustainability, ThyssenKrupp Elevator Americas released its 2009/2010 Corporate Sustainability Report on August 12, 2011. An educational advocate for corporate responsibility, the industry leader developed the report to spotlight the rise and relevancy of significant industry developments, including sustainability and safety.

“ThyssenKrupp’s strong focus on sustainability conveys our commitment to the values that drive our culture,” said Brad Nemeth, director of sustainability for ThyssenKrupp Elevators Americas. “We believe this approach is absolutely fundamental to delivering sustainable solutions for our employees, customers and stakeholders.”

To further embrace sustainability as a long-term business initiative, the company implemented a program to support efforts to integrate sustainable practices throughout all of its practices worldwide. Recognizing corporate responsibility as a key driver to enhancing performance, sustainable value is delivered in four areas — people, product, planet and profit. ThyssenKrupp Elevator Americas places strong emphases on putting people first, valuing safety, integrity and keeping a commitment to the communities where they operate.

“Our 2008 Corporate Sustainability Report was a very important step towards the commitment of reporting our plans and objectives to ensure a legacy of environmental protection for the world,” said Nemeth. “And defining specific goals, such as recognizing the company’s responsibility and role in promoting environmental stewardship, has become essential to ensure ThyssenKrupp Elevator Americas becomes a valued community partner.”

From creating a certified, carbon-neutral plant in Brazil to building bicycles for children in underprivileged neighborhoods, ThyssenKrupp Elevator Americas is working hard to embed sustainability within the core operations and culture of the company. They understand the world’s resources are finite and that their company’s actions and operations have an impact on the environment. For example, the company has been working to reduce energy consumption, eliminate waste and develop programs and measured initiatives to support a healthy environment.

ThyssenKrupp Elevator Americas has identified four key objectives to help fulfill its vision — green customer solutions, energy efficiency, waste nothing and social responsibility. These objectives make up the foundation of the company’s sustainability goals, which exist to ensure wise and efficient use of all resources.

Other sustainable initiative milestones highlighted in the report include:

• Continuing advancement in the areas of sustainable product design, customer support on green-building standards, modernization of existing elevators and bringing sustainable customer solutions to market.

• Expanding focus, commitment and rigor to the planet in 2009 and 2010 by completing the ISO 14001 certification process for all U.S. manufacturing plants for environmental management practices, launching the TKEarth.com microsite to educate and engage employees, and transitioning to an upgraded environmental management system.

On June 3, 2011, the 2009/2010 Corporate Sustainability Report received an “A” rating from The Global Reporting Initiative (GRI), a company that seeks to mainstream disclosure on environmental, social and governance performance. Sustainability reports based on the GRI Framework can be used for the following: to demonstrate organizational commitment to sustainable development; to compare organizational performance over time; and to measure organizational performance with respect to laws, norms, standards and voluntary initiatives. Companies with an “A” rating are required to implement the GRI principles and reflect complete materiality assessment and stakeholder engagement, as well as report on all management disclosures.

To review or download a complete copy of the 2009/2010 Corporate Sustainability Report: Motion. Movement. Momentum: Sustainability at ThyssenKrupp Elevator, please visit http://www.thyssenkruppelevator.com/Sustainability/Report2010/index.asp.
 

About ThyssenKrupp Elevator Americas
The ThyssenKrupp Group, based in Essen, Germany, is a global materials and technology company which consists of eight business areas. In fiscal 2009/2010 the company had annual sales of €42.6 billion ($58.3 billion) and employed over 177,000.

Globally, ThyssenKrupp Group's activities in passenger transportation systems employ 44,000 persons in 900 locations. With sales of almost 5.2 billion euros ($7.1 billion) in fiscal year 2009/2010, ThyssenKrupp Elevator is one of the world's leading elevator companies.

ThyssenKrupp Elevator Americas is the largest producer of elevators in the Americas, with more than 13,500 employees, more than 200 branch and service locations, and sales of more than $2.7 billion. ThyssenKrupp Elevator Americas oversees all business for the operations in the United States, Canada, Central and South America. It is a subsidiary of ThyssenKrupp Elevator AG.

ThyssenKrupp USA, Inc. and its subsidiaries account for approximately 17,500 employees and annual sales of $6.7 billion in fiscal year 2009/2010. Through its predecessor companies, ThyssenKrupp has been part of the U.S. business landscape for more than 170 years.

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