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Nokian Renkaat Oyj

Common Name
Nokian Renkaat
Country
Finland
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
3,936
Ticker
TYRES
Exchange
Nasdaq Helsinki
Description
Nokian Renkaat Oyj is a Finnish tire manufacturer specializing in premium tires for passenger cars, trucks, heavy machinery, and specialized vehicles. Founded in 1898 with roots tracing back to 1865, ...

Nokian Renkaat's Climate Target Data Preview

As of 2025, Nokian Renkaat has disclosed 27 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 17 absolute reduction targets and 10 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Nokian Renkaat's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-28%a
2025
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
14%a
2025
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e)
-30%a
2025
Absolute-based Target
Scope 3 - Capital Goods (Cat. 2)
Metric Tonnes of CO2 equivalent (mtCO2e)
-8%a
2025
Absolute-based Target
Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
-17%a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-42%a
2030
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-79%a
2030
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
33%a
2030
Absolute-based Target
Scope 3 - Capital Goods (Cat. 2)
Metric Tonnes of CO2 equivalent (mtCO2e)
65%a
2030
Absolute-based Target
Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
10%a
2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e)
-14%a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-90%a
2050
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-95%a
2050
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-81%a
2050
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e)
-86%a
2050
Absolute-based Target
Scope 3 - Capital Goods (Cat. 2)
Metric Tonnes of CO2 equivalent (mtCO2e)
-86%a
2050
Absolute-based Target
Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
-86%a
2050
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Tires Produced/Manufactured
-25%b
2025
Intensity-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Tires Produced/Manufactured
-7%b
2025
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Tires Produced/Manufactured
-33%b
2026
Intensity-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Tires Produced/Manufactured
-10%b
2026
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Tires Produced/Manufactured
-41%b
2027
Intensity-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Tires Produced/Manufactured
-12%b
2027
Intensity-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Purchased
-52%a
2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Tires Produced/Manufactured
-65%b
2030
Intensity-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Tires Produced/Manufactured
-20%b
2030
Intensity-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Purchased
-97%a
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Nokian Renkaat’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Nokian Renkaat's Sustainability Report 2025
b. Nokian Renkaat's ESG Report 2025

Insights into Nokian Renkaat's Greenhouse Gas Emissions Pathways

As of 2025, Nokian Renkaat has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.ab

Does Nokian Renkaat have a target to reduce the emissions from its operations?

As of 2025, Nokian Renkaat has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.ab

Nokian Renkaat's most ambitious operational target is to reduce these emissions by 94.52% by 2050, compared to a baseline of 21,186 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.ab

As of 2025, Nokian Renkaat is ahead of schedule on its operational emissions reduction target, having achieved 82.53% of the planned reduction.ab

Nokian Renkaat's Operational (Scope 1+2) Emissions Pathway

202220252030205005.5 k11 k16.5 k22 kBaselineCurrent (-78%)Target 2025 (-28%)Target 2050 (-95%)

Does Nokian Renkaat have a target to reduce the emissions from its value chain?

As of 2025, Nokian Renkaat has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol.ab

Nokian Renkaat's most ambitious value chain target is to reduce these emissions by 97% by 2050, compared to a baseline of 4.718 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Purchased in 2022.ab

As of 2025, Nokian Renkaat is lagging behind on its value chain emissions reduction target, having achieved 5.84% of the planned reduction.ab

Nokian Renkaat's Value Chain (Scope 3) Emissions Pathway

20222025205002468Current (-6%)Target 2050 (-97%)
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