Nokian Tyres was again included in Dow Jones’ DJSI World sustainability index and also selected for the DJSI Europe index
Nokian Tyres plc Company Release 14 September at 10:00 a.m.
Nokian Tyres has been again included in Dow Jones’ DJSI World sustainability index. The company was also selected for the more strictly defined DJSI Europe index. In 20 out of the 21 criteria of the 2018 assessment, the company scored higher than the average of the global Auto Components sector.
– I am proud of our personnel and everyone’s determined work which allowed us to renew our place in DJSI World and be included in DJSI Europe. In the past year, we have been improving our company culture and way of working as well as various aspects of corporate sustainability. Sustainable development is at the core of our operations and the Nokian Tyres brand, says President & CEO Hille Korhonen.
Nokian Tyres has worked continuously for better corporate sustainability 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. In May 2018, Nokian Tyres joined the Science Based Targets initiative. The company had set a goal to reduce the rolling resistance of its product range by 7% compared to the 2013 baseline, creating a decrease of 500 million kg in CO2 emissions from traffic, and reached this target well in advance in 2017. Reaching this target early demonstrates Nokian Tyres’ determined work for improving the eco-friendliness of its products without compromising on safety.
– One important area for our sustainability efforts in the coming years will be our new factory in the US. We want to be frontrunners also in terms of sustainability with the new factory, Korhonen says.
Nokian Tyres will continue working on all aspects of its corporate sustainability. Company wants to set an example for the entire tyre industry and help create added value for people, the economy and the environment.
Indices list 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 corporate sustainability in terms of financial, social and environmental criteria. An independent assessment by an international company provides stakeholders – such as customers, investors and employees – with a reliable description of companies’ sustainability work.
In 2018, RobecoSAM invited over 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 DJSI World index as the most sustainable companies in the world.
Download photos: www.nokiantyres.com/sustainabilityphotos
Nokian Tyres plc
VP, Corporate Communications and Investor Relations
Further information: 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 and one of the most sustainable companies in the industry. We offer peace of mind in all conditions by developing high-quality, safe and eco-friendly tyres for passenger cars, trucks and heavy machinery. We are especially well known for our innovative winter tyres. Our group also includes the Vianor chain, specialising in vehicle maintenance and tyre services. In 2017, the company’s turnover was approximately EUR 1.6 billion and it employed some 4,600 people. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com