- Uncertain business circumstances
- Stricter environmental regulations
- Increased demands for carbon neutrality from automotive companies
- Strengthened responsibility due to stakeholders’ increased interest in human rights management
- Potential ESG risks in the supply chain
NEXEN TIRE Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, NEXEN TIRE Co., Ltd. disclosed greenhouse gas emissions of 364.7K tCO2eq/year. By scope: Scope 1: 72.9K tCO2e/year; Scope 2: 291.8K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
364.7K tCO2eq/year
2022
Renewable Energy
5.86%
of total energy
Water Usage
2.1M m3/year
2022
Waste
10.0K tons/year
2022
Energy Use
5.4M MWh/year
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 72.9K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 291.8K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 364.7K tCO2eq/year |
| 2021-2022 | 368.3K tCO2e/year |
| 2020 | 35.2K tCO2e/year (Scope 1+2) |
| 2019 | 214.0K tCO2eq/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Developed tires where 52% of the material is comprised of eco-friendly raw materials
- Achieved a RE100 fulfillment rate of 5.86%
- Obtained international certifications for LCA assessments for three products
- Reduced dust emissions by 32%
🎯 Climate & Sustainability Targets
🔜 Short-term
- Establish environmental policies and goals
- Implement the Product LCA
📅 Medium-term
- Expand use of renewable energy (implement RE100)
- Establish climate change response policies
🔭 Long-term
- Achieve carbon neutrality by 2045
- Achieve RE100 by 2045
🌱 ESG Focus Areas
EnvironmentSocialGovernance