HMD Global, officially known as HMD Global Oy, is a Finnish telecommunications company headquartered in Espoo, Finland. Founded in 2016, HMD Global has rapidly established itself in the mobile phone industry, primarily focusing on the design and manufacture of Nokia-branded smartphones and feature phones. The company operates across major regions, including Europe, Asia, and Africa, leveraging its strong heritage in mobile technology.
HMD Global is renowned for its commitment to quality and innovation, offering a range of devices that combine modern features with classic Nokia durability. Key products include the Nokia smartphone series, which are distinguished by their clean Android experience and regular software updates. With a focus on user security and sustainability, HMD Global has carved out a notable position in the competitive mobile market, achieving significant milestones such as partnerships with leading telecom operators worldwide.
+16 vs industry average
Hmd Global’s score of 52 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electrical Machinery Manufacturing has below-average carbon intensity
Industry performance
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hmd Global's reported carbon emissions
In 2023, HMD Global, headquartered in Finland (FI), reported total carbon emissions of approximately 571.1 million kg CO2e. This figure includes Scope 1 emissions of about 3,000 kg CO2e, Scope 2 emissions of approximately 449,000 kg CO2e, and significant Scope 3 emissions, which totalled around 570.6 million kg CO2e. The Scope 3 emissions breakdown includes categories such as purchased goods and services (approximately 471 million kg CO2e) and use of sold products (about 70.5 million kg CO2e). HMD Global has set ambitious climate commitments, aiming to reduce its absolute greenhouse gas emissions across all scopes by 42% by 2030, using 2022 as the baseline year. This target is part of their long-term strategy to achieve net zero emissions by 2050. The company is committed to these targets as part of the Science Based Targets initiative (SBTi), which aligns with the global goal of limiting temperature rise to 1.5°C. Overall, HMD Global's proactive approach to managing its carbon footprint reflects its dedication to sustainability and climate responsibility within the technology hardware sector.
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Hmd Global’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Hmd Global yet.
Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Hmd Global
Frequently asked questions
Common questions about Hmd Global’s sustainability data and climate commitments
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