Science Based Targets Initiatives Recognizes Nokian
Nokian Tyres plc says it is the first tire company to have its emissions reduction targets approved by the Science Based Targets Initiative.
Nokian has committed to reducing Scope 1 and 2 greenhouse gas (GHG) emissions by 40% per ton of tires from a 2015 base year; Scope 3 GHG emissions from purchased goods and services by 25% per ton of tires from a 2018 base year; Scope 3 GHG emissions from upstream and downstream transportation and distribution by 25% per ton of tires from a 2018 base year; and Scope 3 GHG emissions from the use of sold products by 25% per ton of tires from a 2018 base year.
According to Nokian Tyres President and CEO Hille Korhonen, “we have already witnessed a practically snowless winter in Southern Finland and are committed to doing our part in saving winters for future generations. During the last six years, we have already reduced our greenhouse gas emissions by 44% and the work continues.”
The Science Based Targets initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature.