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.
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.
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.
Nokia's score of 81 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Nokia reported total carbon emissions of approximately 26,011,608,000 kg CO2e, a decrease from about 36,040,273,000 kg CO2e in 2023. The emissions breakdown for 2024 includes Scope 1 emissions of about 38,447,000 kg CO2e, Scope 2 emissions of approximately 52,051,000 kg CO2e, and significant Scope 3 emissions of about 25,921,110,000 kg CO2e. Nokia has set ambitious climate commitments, aiming for a 50% reduction in absolute Scope 1, 2, and 3 emissions by 2030, using 2019 as the baseline year. Additionally, they target a 90% reduction in total emissions by 2040. Specific initiatives include a 65% reduction in Scope 1 and 2 emissions, including an 85% reduction from facilities, by 2025. Furthermore, they aim for a 73% reduction in logistics emissions by 2030 and a 50% reduction in GHG emissions from materials suppliers by 2030. Nokia's commitment to sustainability is reflected in their comprehensive approach to emissions reduction across all scopes, demonstrating a proactive stance in addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 18,500,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 155,200,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,992,400,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Nokia's Scope 3 emissions, which decreased by 28% last year and increased by approximately 766% since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 3712% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nokia has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
