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.
+18 vs industry average
Nexen Tire’s score of 44 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Furniture Manufacturing has typical carbon intensity
Industry performance
The Furniture Manufacturing industry has reduced its overall emissions by 35% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Nexen Tire's reported carbon emissions
In 2024, Nexen Tire Corporation reported total greenhouse gas emissions of approximately 17.4 billion kg CO2e. This figure includes 80,237,000 kg CO2e from Scope 1 emissions, 210,023,000 kg CO2e from Scope 2 emissions (market-based), and 17,365,553,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its carbon footprint, committing to a 58.8% reduction in absolute Scope 1 and Scope 2 emissions by FY2034, using FY2023 as the baseline. Additionally, Nexen aims to cut Scope 3 emissions from purchased goods and services and fuel- and energy-related activities by 35% within the same timeframe. Nexen's climate commitments also include plans to expand the use of renewable energy, targeting RE100 goals by 2039 for overseas plants and 2045 for all plants. In 2020, the company successfully reduced GHG emissions by about 23,000 tonnes CO2e compared to the previous year, demonstrating its ongoing efforts to mitigate climate impact. The emissions data is sourced directly from Nexen Tire Corporation, with no cascading from parent or related organizations.
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Nexen Tire’s Climate Goals (2030 & 2050)
3 goals2025
In 2020, our domestic and European plants reduced GHG emissi…
In 2020, our domestic and European plants reduced GHG emissions by about 23,000tCO2eq compared to the previous year.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
15 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Nexen Tire
Frequently asked questions
Common questions about Nexen Tire’s sustainability data and climate commitments
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