Nokia Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2015, 2014, 2013, 2012, 2011, 2009, 2006

In its 2023 reporting, Nokia Corporation disclosed greenhouse gas emissions of 35.4M tCO2e/year. By scope: Scope 1: 111.1K tCO2e/year; Scope 2: 84.8K tCO2e/year; Scope 3: 34.1M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
35.4M tCO2e/year
2023
⚡
Renewable Energy
75%
of total energy
💧
Water Usage
943.0K m3/year
2023
♻️
Waste
13.0K tons/year
2023
⚙️
Energy Use
1.1K GWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).111.1K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.84.8K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).34.1M tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202335.4M tCO2e/year
202239.7M tCO2e/year
202141.0M tCO2e/year
201528.5M tCO2e/year
201428.9M tCO2e/year
201335.5M tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • 100% renewable electricity in own facilities by 2025
  • 65% reduction of scope 1 and 2 GHG emissions by 2025

📅 Medium-term

  • 50% reduction of total GHG emissions (Scope 1, 2, and 3) by 2030
  • Final assembly suppliers reach zero emissions by 2030
  • Nokia’s Fiber-to-the-Home technology will connect 140 million new subscribers by 2030

🔭 Long-term

  • Net zero GHG emissions across value chain by 2040

🌱 ESG Focus Areas

Environment (climate and circularity)Industrial digitalizationSecurity and privacyBridging the digital divideResponsible business

⚠️ Challenges & Risks +

  • Current SBT emissions are at the same level as the 2019 baseline year, meaning the 2030 SBT is not on track.
  • Three work-related fatal incidents involving contractors/third parties.
  • Data quality concerns regarding supplier-reported emissions reductions.
  • Accuracy challenges in emission allocations.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, SASB Standards, UN Global Compact
Assurance: Deloitte Oy