Nokian Tyres selected for the DJSI World sustainability index
Nokian Tyres plc Press release September 11, 2017 at 1 p.m.
Nokian Tyres has been selected for Dow Jones’ DJSI World sustainability index. With a total sustainability score nearly twice as high as the industry average, Nokian Tyres significantly improved its results in the 2017 assessment. Nokian Tyres’ score of 78 points was only one point behind the industry’s best company globally.
“Our employees have done a great job in improving all aspects of sustainability in our company. Our determination to be a sustainability pioneer in the tyre industry is demonstrated by our safe and eco-friendly products as well as our inclusion in DJSI World. We are definitely on the right track, and the conditions are great for further improving our operations”, says President and CEO Hille Korhonen.
Nokian Tyres has worked in the long term in order to develop corporate social responsibility regarding its products, the company’s operations and the entire tyre industry. Since 2012, the company has published sustainability reports in line with the international GRI guidelines. Nokian Tyres’ concrete sustainability goals for 2020 include, among other things, significant reduction of rolling resistance in the company’s products, cutting CO2 emissions from production by 20% and auditing all of its natural rubber processors. The company intends to continue its efforts in all areas of sustainability.
Listing the world’s most sustainable companies – including Nokian Tyres
The Dow Jones Sustainability Index (DJSI) is an annual sustainability assessment of large publicly traded companies by the Swiss RobecoSAM. For investors, this is a highly valued, comprehensive corporate sustainability assessment. RobecoSAM assesses sustainability in terms of financial, social and environmental criteria. An independent assessment by an international company provides stakeholders – customers, investors and employees – with a reliable description of companies’ sustainability work.
In 2017, RobecoSAM invited nearly 3,500 of the world’s largest publicly traded companies from 47 countries to participate in the sustainability assessment. Based on the assessment, the top 10% of these companies were included in the index as the most sustainable companies in the world. In addition to Nokian Tyres, six other Finnish companies were included in the DJSI World index. In the Auto Components sector, Nokian Tyres was the only Nordic company included in DJSI World.
Nokian Tyres plc
Vice President, Marketing and Communications
Mr. Teppo Huovila, Vice President, Quality and Sustainability, tel. +358 10 401 7701
Distribution: Media and www.nokiantyres.com
Nokian Tyres is the world’s northernmost tyre manufacturer. The company promotes and facilitates safe driving in demanding conditions. It supplies innovative tyres for cars, trucks and special heavy machinery mainly in areas with special challenges on tyre performance: snow, forests and harsh driving conditions in different seasons. Nokian Tyres’ product development is consistently aiming for sustainable solutions for safety and the environment, taking into account the whole life cycle of the tyre. A part of the Nokian Tyres group, the tyre chain Vianor has approximately 1,500 stores in 27 countries. In 2016 Nokian Tyres had approximately 4,400 employees and net sales of approximately 1,4 billion euros. Nokian Tyres’ share is listed on the Nasdaq Helsinki. Further information: www.nokiantyres.com