Nokia Group

Nokia Group, headquartered in Finland and operating within the Computer and related services (72) industry, has publicly committed to significant climate action. The company's most recent disclosed emissions data is for 2025, reporting a total of approximately 30.5 billion kg CO2e. This figure is composed of approximately 42.9 million kg CO2e for Scope 1, approximately 13.8 million kg CO2e for Scope 2 (market-based), and approximately 30.4 billion kg CO2e for Scope 3.

Nokia's climate strategy includes ambitious reduction targets. The company aims to achieve a 50% reduction in absolute Scope 1, 2, and 3 greenhouse gas emissions by 2030, compared to a 2019 baseline. This is aligned with their commitment to reach net-zero emissions across their value chain by 2040. Furthermore, Nokia has set a target for its materials suppliers to reduce GHG emissions by 50% by 2030, also from a 2019 baseline. Specific operational targets include complete decarbonisation of their facilities and car fleet by 2030, with a commitment to using 100% renewable electricity in their own facilities by 2025 and transitioning to 100% electric vehicles by the same year.

The company's efforts are supported by its Science Based Targets initiative (SBTi) commitments, which have been validated to align with a 1.5°C warming scenario. These targets encompass absolute reductions in Scope 1, 2, and 3 emissions. Nokia also reports progress in reducing Scope 1 and 2 emissions, aiming for an 83% reduction in its own operations by 2030. The company is also working to reduce emissions from its logistics operations, with a target of a 73% reduction by 2030.