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HMD Global, formally known as HMD Global Oy, is a Finnish company established in 2016. Headquartered in Espoo, Finland, this prominent entity operates within the electrical machinery and apparatus industry, focusing on mobile communications.
The company gained prominence as the exclusive licensee for Nokia-branded smartphones and feature phones, known for their durability, security, and pure Android experience. HMD Global has recently broadened its portfolio to include innovative devices under its own HMD brand, solidifying its position.
As a leading European smartphone manufacturer with a global operational footprint, HMD Global is dedicated to delivering reliable and sustainable mobile technology. Its commitment ensures continued advancements in the consumer electronics and telecommunications sector.
+12 vs industry average
Hmd Global’s score of 42 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electrical Machinery Manufacturing has above-average carbon intensity
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Scope 3 accounts for ••• of total emissions.
HMD Global, a Finnish company in the Electrical machinery and apparatus n.e.c. industry, reported its total greenhouse gas emissions for 2023 as approximately 571,091,000 kg CO2e. This includes Scope 1 emissions of 3,000 kg CO2e, Scope 2 emissions of 449,000 kg CO2e, and Scope 3 emissions of 570,639,000 kg CO2e. Key contributors to Scope 3 emissions were purchased goods and services at 471,028,000 kg CO2e and use of sold products at 70,540,000 kg CO2e.
For 2022, HMD Global reported total emissions of approximately 672,374,000 kg CO2e, followed by approximately 1,173,823,000 kg CO2e in 2021. In 2020, total emissions were around 24,059,000 kg CO2e, with Scope 2 emissions from purchased electricity at 174,672,000 kg CO2e and Scope 3 emissions from purchased goods and services at 987,706,000 kg CO2e.
HMD Global Oy is committed to reducing absolute Scope 1, 2, and 3 GHG emissions from purchased goods and services by 42% by 2030, using a 2022 base year. The company is also working towards achieving net-zero emissions by 2050, as recognised by the Science Based Targets initiative (SBTi).
2030
42% reduction in Scope 2
HMD Global Oy commits to reduce absolute scope 1, 2 and scope 3 GHG emissions from purchased goods and services 42% by 2030 from a 2022 base…
2030
42% reduction in scope 3 downstream
HMD Global Oy commits to reduce absolute scope 1, 2 and scope 3 GHG emissions from purchased goods and services 42% by 2030 from a 2022 base…
2030
42% reduction in scope 3 upstream
HMD Global Oy commits to reduce absolute scope 1, 2 and scope 3 GHG emissions from purchased goods and services 42% by 2030 from a 2022 base…
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Common questions about Hmd Global’s sustainability data and climate commitments
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