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.
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.
Industry Benchmark
Nokia's score of 63 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nokia's reported carbon emissions
In 2023, Nokia reported total carbon emissions of approximately 35,409,500,000 kg CO2e. This figure includes Scope 1 emissions of about 111,100,000 kg CO2e, Scope 2 emissions of approximately 84,800,000 kg CO2e, and significant Scope 3 emissions totalling around 35,213,600,000 kg CO2e. Compared to 2022, where total emissions were about 39,715,300,000 kg CO2e, Nokia has made progress in reducing its overall carbon footprint. Nokia has set ambitious climate commitments, aiming for a 50% reduction in total emissions across its value chain (Scope 1, 2, and 3) by 2030, using 2019 as the baseline year. Additionally, the company targets a 65% reduction in Scope 1 and 2 emissions, including an 85% reduction from facilities, by 2025. For its logistics operations, Nokia aims for a 73% reduction in emissions by 2030. Furthermore, Nokia has committed to achieving net zero greenhouse gas emissions across its entire value chain by 2040. This comprehensive approach reflects the company's dedication to sustainability and its proactive stance in addressing climate change.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 134,500,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 364,900,000 | 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
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.
Nokia is not participating in any 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.
