Nexen Tire publishes first Sustainability Report | Tire Technology International

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Highlighting a growing drive within the tire industry toward greater environmental accountability, Nexen Tire has released its first Sustainability Report, outlining the company’s sustainable practices and environmental, social and economic performance in 2019.
Nexen says the report has been published to provide shareholders with consistent and transparent information, highlighting the progress and long-term commitment to its sustainable practices. The report is based on standards of the Global Reporting Initiative (GRI) and the United Nations Sustainable Development Goals (UN SDGs), and has been verified by the Korea Management Registrar (KMR), a third-party assurance institution.
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Nexen claims it has three core values – Challenge, Creativity, and Collaboration – to achieve its corporate philosophy. The Sustainability Report includes the company’s financial performance under the International Financial Reporting Standards (IFRS), as well as corporate ethics, labor and human rights, EHS (environment, health and safety) and supplier responsibilities based on the company’s CSR standards.
In addition, the company states it has enhanced its CSR policy for purchasing natural rubber from regions including Southeast Asia and Africa by joining …

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