Nokian Tires is the first tire manufacturing company to have its emission reduction targets approved by the Science Based Targets (iSBT) initiative.
Targets covering greenhouse gas (GHG) emissions from the company’s operations (Tiers 1 and 2) are consistent with the reductions required to keep global warming at 1.5°C, the limit that must be met to prevent the most adverse effects of climate change according to the latest climate science.
Nokian Tyres is committed to achieving the following objectives:
- Reduce Tier 1 and Tier 2 GHG emissions by 40% per tonne of tyres from the base year 2015
- Reduce Tier 3 GHG emissions from purchased goods and services by 25% per tonne of tires from baseline year 2018.
- Reduce Tier 3 GHG emissions from the use of sold products by 25% per tonne of tires from a baseline year of 2018.
- Reduce Tier 3 GHG emissions from upstream and downstream transportation and distribution activities by 25% per tonne of tires from baseline year 2018.
Evaluation of objectives
The iSBT’s target assessment report points out that the tyre manufacturer’s targets are considered to be ambitious.
Already, there is almost no snow in winter in southern Finland and we are determined to do our part to preserve winters for future generations. In the last six years we have already reduced our greenhouse gas emissions by 44% and the work continues.
— Hille Korhonen, President and CEO, Nokian Tires
The Science Based Targets initiative is a joint project of the CDP [Carbon Disclosure Project], the United Nations Global Compact, the World Resources Institute (WRI) and the World Wildlife Fund (WWF).
The iSBT identifies and promotes best practices in science-based target setting and provides independent assessment of corporate targets.