Nokian Renkaat Oyj 2021 AR2
The report highlights Nokian Tyres' performance in 2021, achieving record-high net sales of EUR 1,714.1 million, representing a 30.5% increase compared to 2020. The company introduced new ambitious non-financial targets, including increasing the share of recycled or renewable raw materials in tires to 50% by 2030 and reducing Scope 1 and 2 emissions by over 50% by 2030. Nokian Tyres also achieved a LEED v4 Platinum certification for its Spain Test Center's Visitor Center and earned an A- rating from the Carbon Disclosure Project (CDP). Despite these achievements, the company's workplace accident frequency (LTIF) increased slightly from 3.7 to 4.1.
Company: Nokian Renkaat Oyj
Sector: Manufacturing
Country: Finland
Year: 2021
Type: AR2
Pages: 124
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Nokian Renkaat Oyj
Financial Review
The report highlights Nokian Tyres' performance in 2021, achieving record-high net sales of EUR 1,714.1 million, representing a 30.5% increase compared to 2020. The company introduced new ambitious non-financial targets, including increasing the share of recycled or renewable raw materials in tires to 50% by 2030 and reducing Scope 1 and 2 emissions by over 50% by 2030. Nokian Tyres also achieved a LEED v4 Platinum certification for its Spain Test Center's Visitor Center and earned an A- rating from the Carbon Disclosure Project (CDP). Despite these achievements, the company's workplace accident frequency (LTIF) increased slightly from 3.7 to 4.1.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees