Nokian Renkaat Oyj
Industry Group: Auto Components
Country/Region: Finland
Identifier: HEL:TYRES
Nokian Tyres PLC develops and manufactures rubber tires under the Nokian Tyres brand name for passenger cars, vans, trucks and heavy machinery. The company sells tires to wholesale distributors and through company-owned retail stores, which are operated under the Vianor brand name. The firm organizes itself into three segments based on product and distribution type: Passenger Car Tyres, Heavy Tyres, and Vianor. The Passenger car tyres segment generates the majority of revenue.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Auto Components 23 out of 241
Universe
Global Universe 685 out of 15035
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Nokian Renkaat Oyj |
11.7
Low
|
23 out of 241 |
Nankang Rubber Tire Corp., Ltd. |
16.7
Low
|
77 out of 241 |
KUMHO TIRE Co., Inc. |
18.3
Low
|
100 out of 241 |
JK Tyre & Industries Ltd. |
20.8
Medium
|
128 out of 241 |
Kenda Rubber Industrial Co., Ltd. |
22.3
Medium
|
160 out of 241 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Nokian Renkaat Oyj's Exposure is Low
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Nokian Renkaat Oyj's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Nokian Renkaat Oyj
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Nokian Renkaat Oyj's ESG Risk Rating in the last three years
Highest Controversy Level