Public Profile

Nokia

Nokia Corporation, commonly known as Nokia, is a Finnish multinational telecommunications and consumer electronics company headquartered in Espoo, Finland (FI). Founded in 1865, Nokia has evolved significantly, transitioning from its origins in rubber and cable manufacturing to becoming a leader in the telecommunications industry. The company primarily operates in the telecommunications infrastructure and technology sectors, providing innovative solutions in mobile networks, fixed networks, and cloud services. Nokia's core products include advanced networking equipment, software, and services that enable seamless connectivity and digital transformation for businesses and consumers alike. With a strong market position, Nokia has achieved notable milestones, including its pivotal role in the development of 5G technology. The company continues to be recognised for its commitment to sustainability and innovation, making it a key player in shaping the future of global communications.

DitchCarbon Score

How does Nokia'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.

69

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.

10

Industry Benchmark

Nokia's score of 69 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

Nokia's reported carbon emissions

In 2023, Nokia 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 34,123,900,000 kg CO2e for Scope 3. This reflects a commitment to transparency in their emissions reporting, which includes all three scopes of emissions. Nokia has set ambitious climate targets, committing to a 50% reduction in absolute Scope 1, 2, and 3 greenhouse gas emissions by 2030, using 2019 as the baseline year. This target aligns with the Science Based Targets initiative (SBTi) and is consistent with the reductions necessary to limit global warming to 1.5°C. The company aims to achieve these reductions through various initiatives and operational improvements. Over the years, Nokia has demonstrated a commitment to sustainability, with emissions per net sales decreasing from 0.028 kg CO2e in 2016 to 0.009 kg CO2e in 2023, indicating progress in reducing emissions intensity relative to revenue. As Nokia continues to innovate in the technology sector, its climate commitments reflect a proactive approach to addressing climate change and reducing its environmental impact.

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Add to project
201820192020202120222023
Scope 1
134,500,000
000,000,000
00,000,000
000,000,000
000,000,000
000,000,000
Scope 2
436,900,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
Scope 3
44,673,500,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Nokia's primary industry is Computer and related services (72), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Nokia is headquartered in FI, which has a rank of very low, indicating very low grid carbon 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 is committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers