Curious to see the emissions of the organizations you buy from or invest in?
Book a demo for a pilot project
Nexen Tire Corporation, commonly referred to as Nexen Tire, is a South Korean-based company specialising in the manufacturing of tyres for passenger cars, trucks, and buses. Headquartered in Seoul, South Korea, the company has established a significant presence across major markets worldwide, including North America, Europe, and Asia. Founded in 1942, Nexen Tire has grown to become a recognised name in the tyre industry, known for its innovative products and commitment to quality.
The company’s core offerings include a wide range of tyres designed for durability, performance, and safety, with a focus on advanced tread technology and eco-friendly manufacturing processes. Nexen Tire’s dedication to research and development has earned it a strong market position, making it a notable player among global tyre manufacturers. Its reputation for reliable, high-performance products continues to drive its success in the competitive automotive industry.
40
DitchCarbon score
+17 vs industry average
Nexen Tire’s score of 40 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Nexen Tire?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
High
Furniture Manufacturing has above-average carbon intensity
Industry performance
0.369
20182025
The Furniture Manufacturing industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Nexen Tire's reported carbon emissions
Nexen Tire's latest reported emissions for 2024 indicate approximately 80,237,000 kg CO2e for Scope 1, around 210,023,000 kg CO2e for market-based Scope 2, and approximately 17,365,553,000 kg CO2e for Scope 3 emissions.
The company has set ambitious climate commitments, with Science Based Targets initiative (SBTi) approved near-term targets. Nexen Tire Corporation commits to reducing absolute Scope 1 and 2 GHG emissions by 58.8% by FY2034 from a FY2023 base year. Additionally, they aim to reduce absolute Scope 3 GHG emissions from purchased goods and services and fuel- and energy-related activities by 35% within the same timeframe. These targets for Scope 1 and 2 emissions are consistent with keeping global warming to 1.5°C.
Nexen Tire also has a strategic plan to achieve RE100 goals, aiming for 100% renewable energy usage by 2039 for overseas plants and by 2045 for all plants. In 2020, their domestic and European plants achieved a reduction of approximately 23,000 tonnes CO2e in GHG emissions compared to the previous year.
Assessing Nexen Tire as a supplier or portfolio company?
- See verified emissions data for over 2 million organizations
- View emissions forecasts for Nexen Tire and the organizations you buy from or invest in
- Get PCAF data quality (DQ) scores, including for private organizations
Nexen Tire’s Climate Goals (2030 & 2050)
3 goals2034
58.8% reduction in Scope 2
NEXEN TIRE CORPORATION commits to reduce absolute scope 2 GHG emissions 58.8% by FY2034 from a FY2023 base year.
At risk58.8%
2034
58.8% reduction in Scope 1
NEXEN TIRE CORPORATION commits to reduce absolute scope 1 GHG emissions 58.8% by FY2034 from a FY2023 base year.
Behind target58.8%
2034
35% reduction in scope 3 upstream
NEXEN TIRE CORPORATION also commits to reduce absolute scope 3 GHG emissions from purchased goods and services and fuel- and energy-related…
Insufficient data35%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
15 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Climate initiatives
Science Based Targets Initiative
See details
Active
Carbon Disclosure Project
Sign in to view
Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Nexen Tire28 days ago
40
Need this data for financed emissions?
PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Frequently asked questions
Common questions about Nexen Tire’s sustainability data and climate commitments
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn more