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Nexen Tire achieves top 2% global ESG ranking with EcoVadis Gold grade
Nexen Tire has achieved a Gold rating in the 2026 EcoVadis ESG assessment, placing the company in the top 2% of all evaluated businesses globally. This marks the third consecutive year the company has maintained a Gold grade, improving from the top 3% achieved last year.
The company received high marks across four key areas: environment, labor and human rights, ethics, and sustainable procurement. The environmental sector received particularly strong recognition for its management capabilities, including greenhouse gas emission disclosures and the operation of environmental management systems across global sites. Nexen Tire has previously committed to reducing greenhouse gas emissions by 58.8% by 2034 compared to 2023 levels, following SBTi approval.
In the ethics category, the company showed the most significant improvement, specifically regarding expanded information security activities at global locations. The company expects this high ESG standing to bolster its competitiveness in supplying original equipment (OE) tires to global automakers, particularly as European supply chains increasingly demand rigorous sustainability performance.