Press release
Nokian Tyres received a leadership-level score from CDP for actions against climate change
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Nokian Tyres plc Press Release February 14, 2025, at 8:40 a.m. EET
For the fifth consecutive year, Nokian Tyres scored an A- from CDP for actions aimed at reducing greenhouse gas emissions and mitigating climate change-related risks. The annual CDP Climate report is deemed one of the most trusted indicators for performance on corporate climate change mitigation. Scores A and A- represent leadership level.
“Nokian Tyres aims to show leadership in sustainability, also in climate change mitigation. We have ambitiously cut emissions from tire factories, and we continuously work to be able to offer drivers tires that are not only safe but also sustainably manufactured,” says Teppo Huovila, Vice President, Quality and Sustainability at Nokian Tyres.
The company’s new factory in Romania was inaugurated in September 2024, and it sets an industry sustainability benchmark by being the first full-scale zero CO2 emission tire factory in the world. All energy used at the factory comes from zero-CO2-emission sources such as wind, hydro, biomass, solar energy, or a mix of these. Steam for tire manufacturing is produced without fossil fuels.
Additionally, as the only tire manufacturer, Nokian Tyres participates in the Polestar 0 project that aims to create a climate-neutral car by 2030. Nokian Tyres contributes to the project by developing fully climate-neutral premium tires.
Nokian Tyres’ new, tightened greenhouse gas emissions reduction targets were approved by the Science Based Targets initiative in 2024, which means that the targets are considered to be in line with what the latest climate science deems necessary to limit global warming to 1.5 °C. In addition to the near-term 2030 targets, Nokian Tyres aims to reach net-zero greenhouse gas emissions across the value chain by 2050.
CDP is a non-profit organization that runs a global environmental disclosure system for different organizations on environmental transparency and action on environmental questions. CDP scores organizations from D- to A based on the comprehensiveness and transparency of disclosure, awareness and management of environmental risks, and demonstration of best practices associated with environmental leadership.
Further information:
Teppo Huovila, Vice President, Quality and Sustainability
Tel. +358 10 401 7701
[email protected]
Nokian Tyres' purpose is to make the world safer by reinventing tires, and how they are made, over and over again - a safer place to drive, work and live now and for generations to come. Inspired by our northern heritage, we develop and manufacture premium tires for passenger cars, trucks and heavy machinery with sustainability at the heart of all our operations. Our Vianor chain provides tire and car services. We are some 3,800 people with net sales of EUR 1.3 billion in 2024, and together we lead the journey to smarter driving for people and for businesses. Nokian Tyres is listed on Nasdaq Helsinki. Further information: company.nokiantyres.com