TK Elevator tops CDP climate ranking

22 Dec 2021 CW Team

Once again, TK Elevator has received an impressive score on climate protection from the rating organisation CDP. For the second time in a row, the company was rated “A” in the world’s largest climate ranking.

“We are proud of our repeated top placing, and delighted that our focus on sustainable products and services and particularly our commitment and progress towards fewer CO2 emissions is being recognised in this way. With the development and implementation of innovative and resource-saving mobility solutions, TK Elevator is contributing to a sustainable future. The commitment to reducing our ecological footprint is firmly anchored in our corporate culture,” explains Peter Walker, CEO of TK Elevator.

TK Elevator has set itself ambitious sustainability targets. The company strives to become climate-neutral by 2050 at the latest and thus supports the “Business Ambition for 1.5°C” initiative, which is based on the Paris Agreement goals. Today, a large proportion of the company’s own emissions are caused by its vehicle fleet. These will be significantly reduced by the conversion to electric and hybrid vehicles which is already underway as well as through digitally controlled route optimisations. Moreover, by 2030, electricity is to be used only from renewable sources. At the same time, innovative products and services such as energy-efficient elevators and escalators, the cloud-based digital platform MAX or the space-saving TWIN elevator system are helping to increase resource efficiency and to reduce CO2 emissions throughout the value chain.

TK Elevator has been participating in the CDP reporting since becoming independent in 2020, providing relevant interest groups with transparent information about its climate protection strategy and measures to reduce CO2 emissions. CDP Climate Scores are awarded annually on a scale from “A” (best result) to “D”.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..