Nexen Tire
Nexen Tire Corporation, commonly referred to as Nexen Tire, is a leading global tyre manufacturer headquartered in South Korea (KR). Established in 1942, the company has made significant strides in the automotive industry, with a strong presence in major operational regions including North America, Europe, and Asia. Nexen Tire is renowned for its innovative approach to tyre design and production, offering a diverse range of products such as passenger car tyres, SUV tyres, and high-performance tyres. Their commitment to quality and cutting-edge technology sets them apart in a competitive market. With a focus on sustainability and performance, Nexen Tire has garnered numerous accolades, solidifying its position as a trusted name in the tyre industry. The company continues to expand its global footprint while maintaining a dedication to excellence and customer satisfaction.
DitchCarbon Score
How does Nexen Tire's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Furniture Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Nexen Tire's score of 34 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Nexen Tire's reported carbon emissions
In 2022, Nexen Tire Corporation reported total greenhouse gas emissions of approximately 72,872,100 kg CO2e for Scope 1 and about 291,846,300 kg CO2e for Scope 2, resulting in combined emissions of around 364,718,500 kg CO2e. This reflects a slight increase from 2021, where emissions were approximately 67,533,400 kg CO2e for Scope 1 and 300,762,800 kg CO2e for Scope 2, totalling about 368,296,200 kg CO2e. Nexen Tire has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 emissions by 58.8% by FY2034 from a FY2023 baseline. Additionally, the company plans to cut Scope 3 emissions from purchased goods and services and fuel- and energy-related activities by 35% within the same timeframe. These targets align with the 1.5°C climate goal. The company has also committed to expanding the use of renewable energy, with a goal to achieve RE100 by 2039 for overseas plants and by 2045 for all plants. In 2020, Nexen Tire's domestic and European plants successfully reduced GHG emissions by about 23,000 tonnes CO2e compared to the previous year, demonstrating their ongoing efforts in emissions reduction. Nexen Tire's emissions data and climate commitments are sourced directly from the Nexen Tire Corporation, with no data cascaded from a parent or related organization.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 56,635,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 252,587,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Nexen Tire is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
