Nokian Tyres selected again as one of the most sustainable companies
Nokian Tyres plc Press Release 14 February 2019 at 4:40 p.m.
Nokian Tyres is again selected as one of the most sustainable companies in the world. The company received the Silver Class distinction in the RobecoSAM Sustainability Yearbook 2019, which was published today. RobecoSAM is an expert on sustainability whose annual assessment is considered to be a particularly reliable and comprehensive report of how sustainability is implemented in companies around the world.
Nokian Tyres was one of two Finnish companies to make it to the Silver Class. All in all there were five Finnish companies in Gold, Silver and Bronze Classes. Last year Nokian Tyres received the Bronze Class distinction.
“We are glad to see our efforts in different areas of sustainability to bear fruit. We are committed to long-term goals and these recognitions encourage us to keep up the good work”, says Teppo Huovila, Vice President, Quality & Sustainability at Nokian Tyres.
Significant achievements in reducing CO2 emissions
As a manufacturer of premium tires, Nokian Tyres wants to set an example as a responsible company that aims for sustainable growth. We have set specified several sustainability goals for 2020, including reducing the rolling resistance of our tires by 7%, thereby creating a decrease of 500 million kg in CO2 emissions from traffic by 2020. This goal was met in 2017 well before the target time along with the goal to reduce CO2 emissions from production by 20%.
RobecoSAM’s annual Corporate Sustainability Assessment focuses on financially material factors that impact a company’s value drivers. Factors such as a company’s ability to innovate, attract and retain talent or enhance its operational eco-efficiency matter to investors because they impact a company’s competitive position and long-term financial performance. For the Sustainability Yearbook 2019 RobecoSAM evaluated more than 2,600 publicly traded companies.
Download photos: www.nokiantyres.com/sustainabilityphotos
Nokian Tyres plc
SVP, Corporate Communications and Investor Relations
Further information: Teppo Huovila, Vice President, Quality & Sustainability, tel. +358 10 401 7701
Distribution: media and www.nokiantyres.com
Nokian Tyres is the world’s northernmost tire 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 tires for passenger cars, trucks and heavy machinery. We are especially well known for our innovative winter tires. Our group also includes the Vianor chain, specializing in vehicle maintenance and tire services. In 2018, the company’s turnover was approximately EUR 1.6 billion and it employed some 4,800 people. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com