Nokia Group

Nokia Group, based in Finland and operating in the Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing industry, reported total carbon emissions of approximately 30.49 billion kg CO2e in 2025. This included about 42.94 million kg CO2e from Scope 1 emissions, 13.83 million kg CO2e from market-based Scope 2 emissions, and approximately 30.43 billion kg CO2e from Scope 3 emissions. In 2024, their total emissions were about 26.01 billion kg CO2e, with approximately 38.45 million kg CO2e from Scope 1, 52.05 million kg CO2e from market-based Scope 2, and about 25.92 billion kg CO2e from Scope 3.

Nokia Group has set ambitious climate commitments, with all its Science Based Targets initiative (SBTi) commitments originating directly from Nokia Group. The company has a near-term SBTi target to reduce absolute Scope 1, 2, and 3 GHG emissions by 50% by 2030, from a 2019 base year, aligned with a 1.5°C warming scenario. For its long-term goals, Nokia Group is committed to reaching net-zero greenhouse gas emissions across its value chain by 2040, accelerating its previous target by ten years and exceeding the Paris Agreement's 2050 target. This long-term commitment also includes a 90% reduction in absolute Scope 1, 2, and 3 GHG emissions by 2040 from a 2019 base year.

Additional reduction initiatives include a near-term target to achieve a 65% GHG emission reduction from Scope 1 and 2, including an 85% reduction from facilities, by 2025 compared to 2019. The company also aims for its materials suppliers to reduce GHG emissions by 50% by 2030 (compared to a 2019 baseline) and for its logistics' GHG emissions to be reduced by 73% by 2030. Nokia Group is committed to using 100% renewable electricity in its own facilities by 2025 and transitioning its car fleet to 100% electric vehicles by 2030.