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 18 out of 243
Universe
Global Universe 644 out of 15104
What are the ESG Risk Ratings?
Notice: The information is provided as is, for informational, non-commercial purposes only, does not constitute investment advice and is subject to conditions available in our Legal Disclaimer. They are not directed to, or intended for distribution to or use by India-based clients or users and their distribution to Indian resident individuals or entities is not permitted. Usage of this information is not permitted in any way, unless otherwise agreed in writing. By way of exception, usage of this information is permitted to the non-India based rated subjects, limited to a single reference to the score on the rated subject’s sustainability webpage or CSR report, mentioning Sustainalytics as a source. For referencing Sustainalytics please consult the Company Guide.
Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Nokian Renkaat Oyj |
11.7
Low
|
18 out of 243 |
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret AS |
15.5
Low
|
45 out of 243 |
Nankang Rubber Tire Corp., Ltd. |
16.7
Low
|
60 out of 243 |
KUMHO TIRE Co., Inc. |
18
Low
|
81 out of 243 |
JK Tyre & Industries Ltd. |
25.3
Medium
|
190 out of 243 |
For corporate professionals interested in direct competitor insights
Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
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