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Nokia’s sustainability report highlights 1.5 degree climate commitment

Nokia’s sustainability report highlights 1.5 degree climate commitment

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Telco equipment maker Nokia, has released its annual sustainability report, ‘People and Planet 2020’, revealing it has exceeded its target to enable 6.5 billion subscriptions two years ahead of schedule.

The report presents Nokia’s position, achievements and requirements in sustainable development and corporate responsibility and is prepared in accordance with the GRI Standards. It is also aligned with other sustainability reporting frameworks, such as SASB and the UN Global Compact. The key sustainability indicators have been assured by Nokia’s independent auditor, Deloitte.

Pekka Lundmark, President and CEO, Nokia, said: “Too often, sustainability has been an afterthought, a ‘nice-to-have’. But for Nokia, sustainable solutions are both a business opportunity and the basis of our decision-making. We believe technology will help solve many of the world’s biggest challenges. The critical importance of connectivity for individuals, businesses and nations was clearly demonstrated in 2020. Our sustainability work focuses on the role of technology in combatting climate change, enabling an inclusive and more equitable society and improving lives.”

The radio networks supplied to Nokia customers supported around 6.6 billion subscriptions worldwide in 2020, ahead of the target of 6.5 billion by 2022 and up by 200 million since the beginning of the year.

Nokia has committed to cut emissions by 50% between 2019 and 2030 as part of its updated science-based climate targets, in line with a 1.5°C warming scenario. This target covers emissions across its own operations and almost 100% of its portfolio, its logistics and electronics manufacturing service suppliers (the greatest part of the company’s total emissions). To date, the company has delivered Zero Emission products to over 150 customers globally. Customer base station sites modernised by Nokia used on average 54% less energy in 2020 (46% in 2019) than those where customers did not modernise.

To emphasise its commitment to sustainable development and acting together, Nokia launched a call to action to ensure that a future society with 5G at its heart is built on the principles of equality, trust, sustainability and people-first as part of its ‘Life in 2030’ campaign.

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