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 26 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nexen Tire's reported carbon emissions
In 2022, Nexen Tire reported total carbon emissions of approximately 364,718,500 kg CO2e, comprising 106,700,000 kg CO2e from Scope 1 and 291,846,300 kg CO2e from Scope 2 emissions. The company has committed to near-term climate targets, although it has not yet established a net-zero commitment. Over the years, Nexen Tire's emissions have fluctuated, with 2021 emissions reaching about 368,296,000 kg CO2e, including 150,200,000 kg CO2e from Scope 1 and 300,762,800 kg CO2e from Scope 2. In 2020, emissions were reported at approximately 309,222,000 kg CO2e, with significant contributions from both Scope 1 and Scope 2. Nexen Tire's emissions intensity at its European plant was recorded at 1,494 kg CO2e per tonne in 2022, indicating ongoing efforts to monitor and manage emissions effectively. The company is actively engaged in climate initiatives, demonstrating a commitment to reducing its carbon footprint within the tyre manufacturing sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 32,040,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 174,341,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
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 not committed to any reduction initiatives 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.
