NOKIA, Finland (April 1, 2015) — Nokian Tyres P.L.C. has published its Corporate Sustainability Report, which describes the activities of the company “from the perspective of environmental, social and economic responsibility as part of an international value chain.”
The GRI G4-compliant report notes that “last year was a period of significant international events” in Nokian's key markets. “In addition to the developments in Ukraine, the devaluation of the rouble and the decline in oil prices affected our business through the Russian economy,” it says.
“Ensuring the well-being of our personnel has been especially important for us now that the political situation is affecting their everyday lives.”
At year-end 2014, Nokian became a member of the International Rubber Study Group (IRSG), which the company called “a significant development for us, as there is a growing interest in the origin of products and natural rubber forms a challenge in terms of sustainable tire production.”