Nokian Renkaat Oyj 2023 Annual Report with Sustainability Disclosures
Company: Nokian Renkaat Oyj
Sector: Manufacturing
Country: Finland
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 150
The report describes 2023 as a transformation year marked by completion of the Russia exit and expansion of production capacity in Finland and the US, alongside construction of a Romanian factory intended to be the world's first zero-CO2 emission tire factory. It reports EUR 1,173.6 million net sales and 3,433 employees at year-end. The company achieved a 52% factory direct CO2 intensity reduction target seven years early and committed to net-zero GHG emissions by 2050. It also discloses EU Taxonomy-eligible turnover of 3.4% for 2023.
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