Nokian Tyres sets Science-Based climate targets
Nokian Tyres has joined the Science-Based Targets initiative with the aim of setting more precise targets that are assessed and approved by an external organisation. Nokian Tyres reached its previously set targets to reduce CO2 emissions well ahead of schedule.
“In terms of environmental responsibility, we are already considering the entire product lifecycle and all of our functions. Our target for 2020 was a 20 percent reduction in the CO2 emissions from our factories’ production. By the end of 2017, we had already exceeded 36 percent. Joining the initiative is a natural continuation of our long-term work for the environment. We are continuously developing tyres with an even lower rolling resistance than before, which significantly decreases the GHG (greenhouse gas) emissions generated during their use. For example, the average seven percent reduction of the rolling resistance of our tyres sold in 2017 reduced CO2 emissions each year by as much as 54,000 passenger cars emissions annually,” said Teppo Huovila, who is in charge of the company’s sustainability efforts.
The Science-Based Targets initiative encourages companies to set scientific targets for combating climate change. The initiative is a partnership between UN Global Compact, CDP (formerly the Carbon Disclosure Project), WRI (World Resources Institute) and WWF (World Wide Fund for Nature) for promoting the best practices in setting scientific climate goals.