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Nexen Tire releases second annual Sustainability Report  GlobeNewswireNexen Tire releases second annual Sustainability Report  GlobeNewswire

Impact Investing Conference

SEOUL, South Korea. Oct. 12, 2021 (GLOBE NETWORKIRE) — Nexen Tire, a global tire manufacturer, released today the 2020/21 edition its ESG Report.
Nexen Tire’s second CSR Report (2019/20), was published last year. It outlines the company’s commitment to expanding ESG management and becoming fully customer-oriented. The report provides stakeholders with consistent and transparent information. It documents Nexen Tire’s ESG progress and major efforts in the areas of environment, society and governance. It details the Company’s eco-friendly management activities to minimize environmental impact. This includes reducing pollutant emissions, conducting research and developing eco-friendly products. It also details the Company’s community-based ESG programs and its efforts to meet customer needs. Nexen Tire’s mission to enrich people’s lives is to create more opportunities and value through new connections with the world. We will continue to fulfill our corporate social responsibility by building an ESG-oriented management system,” stated Travis Kang, Global CEO at Nexen Tire. The report was prepared according to the GRI Standards. It was more objective and reliable than the original due to the inclusion of recommendations from global institutions like the Sustainability Accounting Standards Board, (SASB), and the Task Force on Climate-Related Financial Disclosuress (TCFD). It was also verified by Korea Management Register (KMR), a third-party assurance institution. The 2020/21 ESG Report is available for download on the Nexen Tire website at https://www.nexentire.com/international/company/csr_report/ About Nexen Tire Nexen Tire, established in 1942, is a global tire manufacturer headquartered in South Korea. Nexen Tire is one of the fastest growing tire manufacturers in the world. It currently has four manufacturing plants, two in Korea (Yangsan, Changnyeong), and one in Qingdao in China. In 2019, another plant in Zatec, Czech Republic, was also opened. Nexen Tire manufactures tires for passenger cars, SUVs and light trucks. They are distinguished in design and technology. Nexen Tire supplies OE tires in many countries to global car manufacturers. The company won the 2014 top 4 design awards in the world for the first time. For more information, please visit https://www.nexentire.com/international/ A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/00e24213-d15e-4a31-bb5e-beb534692de5

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ESG Investing Conference