Hmd Global
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.
DitchCarbon Score
How does Hmd Global'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 Electrical Machinery Manufacturing 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
Hmd Global's score of 60 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hmd Global's reported carbon emissions
In 2023, HMD Global Oy reported total carbon emissions of approximately 571,091,000 kg CO2e. This figure includes Scope 1 emissions of about 3,000 kg CO2e, Scope 2 emissions of approximately 449,000 kg CO2e (with 356,000 kg CO2e from purchased electricity), and significant Scope 3 emissions, which totalled around 570,000,000 kg CO2e. The largest contributors to Scope 3 emissions were purchased goods and services (approximately 471,028,000 kg CO2e) and the use of sold products (about 70,540,000 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 aligned with the Science Based Targets initiative (SBTi) and is part of their long-term goal to achieve net zero emissions by 2050. The company is committed to reducing emissions in Scope 1, Scope 2, and total Scope 3 categories. The emissions data for 2022 indicated a total of approximately 672,374,000 kg CO2e, while the 2021 data showed Scope 2 emissions of about 247,016,000 kg CO2e and significant Scope 3 emissions from upstream and downstream transportation. The 2020 emissions were reported at approximately 24,059,000 kg CO2e, primarily from Scope 2. HMD Global's climate strategy reflects a proactive approach to sustainability within the technology hardware sector, demonstrating a commitment to reducing its environmental impact and contributing to global climate goals.
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| 2020 | 2021 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | 0,000 |
| Scope 2 | 174,672,000 | 000,000,000 | 000,000 |
| Scope 3 | - | 000,000,000 | 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.
Hmd Global 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.
