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Nokia is a multinational telecommunications company headquartered in Espoo, Finland. It is one of the leading companies in the Wireless Data Network Equip sector, providing equipment, software, and services for network operators, enterprises, and governments worldwide. Nokia has a long history of innovation and has been at the forefront of the development of wireless technology for over 150 years.

In recent years, Nokia has been focusing on decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and increase the use of renewable energy. Nokia is committed to achieving carbon neutrality by 2030 and has set a target to reduce its carbon emissions by 50% by 2030 compared to 2019 levels.

One of the ways Nokia is working towards its decarbonisation goals is by investing in renewable energy. The company has signed several corporate power purchase agreements (PPAs) to procure renewable energy for its operations. In 2020, Nokia signed a PPA with Finnish energy company Fortum to purchase renewable energy from a wind farm in Norway. The PPA will provide Nokia with 70 GWh of renewable energy annually, which is equivalent to the energy consumption of over 10,000 homes.

Nokia is also working to reduce its energy consumption and increase the efficiency of its operations. The company has implemented energy-saving measures in its facilities and data centers, such as using energy-efficient lighting and cooling systems. Nokia has also introduced a corporate energy program to monitor and manage its energy use and identify opportunities for further energy savings.

In addition to its efforts to reduce its own carbon footprint, Nokia is also working with its customers to help them achieve their decarbonisation goals. The company provides solutions and services that enable its customers to reduce their energy consumption and emissions, such as energy-efficient network equipment and software that optimizes network performance.

Nokia is committed to sustainability and has been recognized for its efforts in this area. The company has been included in the Dow Jones Sustainability Index for several years and has received awards for its sustainability reporting and environmental performance.

Overall, Nokia is a company that is committed to decarbonisation and reducing its impact on the environment. The company is investing in renewable energy, implementing energy-saving measures, and working with its customers to help them achieve their sustainability goals. Nokia's commitment to sustainability is not only good for the environment, but it also makes good business sense, as more and more customers are looking for sustainable solutions.

✓ Re100 member
✓ Science Based Targets member
✓ Declared Net Zero commitment