Nokian Tyres plc, commonly known as Nokian Tyres, is a leading Finnish tyre manufacturer headquartered in Finland (FI). Established in 1898, the company has evolved into a prominent player in the global tyre industry, with a strong presence in Europe and North America. Specialising in premium tyres for passenger cars, trucks, and heavy machinery, Nokian Tyres is renowned for its innovative approach to safety and sustainability. The company is particularly noted for its winter tyres, which are designed to perform exceptionally well in harsh conditions, setting industry standards for grip and durability. With a commitment to environmental responsibility, Nokian Tyres has achieved significant milestones, including the development of the world’s first eco-friendly winter tyre. As a market leader, Nokian Tyres continues to push the boundaries of tyre technology, ensuring a safe and reliable driving experience for customers worldwide.
How does Nokian Tyres'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.
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.
Nokian Tyres's score of 85 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Nokian Tyres reported total carbon emissions of approximately 7,665,985,000 kg CO2e, with emissions distributed across various scopes: 15,195,000 kg CO2e (Scope 1), 7,803,000 kg CO2e (Scope 2, market-based), and a significant 7,642,987,000 kg CO2e (Scope 3). The Scope 3 emissions primarily stem from the use of sold products, accounting for about 6,770,121,000 kg CO2e. Nokian Tyres has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050. Near-term targets include a 42% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2022 baseline, and a 51.6% reduction in Scope 3 emissions from purchased goods and services, as well as upstream transportation and distribution, per ton of product purchased within the same timeframe. Additionally, the company has achieved a notable milestone by cutting its tire factories' CO2 emissions by 52% per production ton by 2023, compared to 2015 levels. The company is also committed to reducing its Scope 1 emissions to near zero by 2025 and aims for a 90% reduction in absolute Scope 1 and 2 emissions by 2050 from the 2022 base year. These targets align with the Science Based Targets initiative (SBTi) and reflect a strong commitment to addressing climate change within the tire manufacturing sector.
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2015 | 2016 | 2017 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 3,310,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 46,950,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
Scope 3 | 5,569,450,000 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Nokian Tyres 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.