Nokia Group
Nokia Group, a leading telecommunications and technology company, is headquartered in Finland (FI) and operates globally, with significant presence in Europe, North America, and Asia. Founded in 1865, Nokia has evolved from its origins in rubber and cable manufacturing to become a key player in the telecommunications industry, particularly in network infrastructure and mobile technology. The company is renowned for its innovative core products and services, including 5G network solutions, Internet of Things (IoT) applications, and advanced mobile devices. Nokia's commitment to research and development has positioned it as a pioneer in the transition to next-generation connectivity. With a strong market presence and a history of notable achievements, Nokia continues to shape the future of communication technology, making it a trusted partner for businesses and consumers alike.
DitchCarbon Score
How does Nokia Group's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Nokia Group's score of 87 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nokia Group's reported carbon emissions
In 2023, Nokia Group reported total greenhouse gas emissions of approximately 35,409,500,000 kg CO2e, with emissions distributed across various scopes: 111,100,000 kg CO2e for Scope 1, 84,800,000 kg CO2e for Scope 2, and a significant 35,213,600,000 kg CO2e for Scope 3. This reflects a commitment to transparency in emissions reporting, covering all relevant scopes. Nokia has set ambitious climate targets, aiming to reduce absolute greenhouse gas emissions by 50% across all scopes (1, 2, and 3) by 2030, using 2019 as the baseline year. Furthermore, the company has committed to achieving net-zero emissions across its entire value chain by 2040, with a long-term goal of reducing emissions by 90% by the same year. The company's emissions data shows a slight decrease in Scope 1 emissions from 124,374,000 kg CO2e in 2021 to 111,100,000 kg CO2e in 2023, indicating progress towards its reduction targets. Nokia's commitment aligns with industry standards for climate action, demonstrating a proactive approach to mitigating climate change impacts.
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| 2015 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,200,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 158,500,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 22,916,500,000 | - | 00,000,000,000 | - | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Nokia Group is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
