Nokia | Sustainability Performance

https://www.nokia.com

Develops and manufactures telecommunications equipment and services, including mobile networks and 5G solutions.

1865

Finland

10,001+ employees

Telecommunications

$10B+ in revenue

$1B - 10B in profitability

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Sustainability Ranking & Industry Benchmark

#775

Overall

#12

in Finland

#30

in Telecommunications

Sustainability Maturity

Sustainability Intent

Available in
Scale package

Access

Industry Rank

6 out of 264

Overview

Environmental

Carbon emissionsEnergy consumptionWaste managementWater managementAir and land impactNature and biodiversityNature riskClimate risk

Social

Diversity and inclusionPay gapsHealth and safetyExternalities

Governance

TargetsSDG ImpactESG scores and exclusionsB-corp & CDP

Financial Data

Business performanceCapital & innovationAnalyst projections

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CO2 scope 1 + 2

363.1K CO2e tonnes, 2025

Aligned

Renewable energy

80% 2025

Waste generated

11.8K tonnes, 2025

Aligned

Female engagement

23% 2025

Critical

Externalities

18.0M $, 2025

Aligned

Market cap

48.1B $, 2026▲57.5% YoY

Revenue

22.4B $, 2025▲3.4% YoY

R&D intensity

23.25% 2025

Intensity

Greenhouse gas intensity Scope 1, 2 (tCO₂e /$M)

Energy consumption (direct) intensity (MWh /$M)

Water consumption intensity (m³ /$M)

Waste generation intensity (tonnes /$M)

Industry Benchmark

16.2

B/M 34.0

50.3

B/M 77.0

34.6

B/M 32.4

0.5

B/M 0.1

Controversy level

Very Low

Low

Noticeable

High

Severe

Download Controversy Analysis

Nokia Oyj, Finnish telecom equipment major, has faced sustained US DOJ FCPA enforcement scrutiny including the historic 2019 USD 8.3 millionplus Nokia Russia subsidiary FCPA settlement and the contested 2024 USD 1+ billion Nokia patent licensing customer disputes with Chinese Huawei/Xiaomi/Vivo/Oppo customers including the contested 2023 NokiaApple patent licensing renewal disputes affecting Finnish institutional shareholders.

Carbon emissions breakdown

Reveal data for 2 credits

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Energy consumption breakdown

Reveal data for 2 credits

KPI	Metric	Year
		2021	2022	2023	2024	2025	Benchmark
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Biodiversity impact

Reveal data for 2 credits

KPI	Metric	Year
		2021	2022	2023	2024	2025	Benchmark
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Waste management

Reveal data for 2 credits

KPI	Metric	Year
		2021	2022	2023	2024	2025	Benchmark
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Water management

Reveal data for 2 credits

KPI	Metric	Year
		2021	2022	2023	2024	2025	Benchmark
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Air pollution

Reveal data for 2 credits

KPI	Metric	Year
		2019	2020	2021	2022	2023	Benchmark
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Land use

Reveal data for 2 credits

KPI	Metric	Year
		2021	2022	2023	2024	2025	Benchmark
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Diversity & inclusion

Reveal data for 3 credits

KPI	Metric	Year
		2020	2021	2022	2023	2024	Benchmark
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Pay gap breakdown

Reveal data for 1 credit

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		2020	2021	2022	2023	2024	Benchmark
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KPI	Metric	Year
	2021	2022	2023	2024	2025	Benchmark
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Externalities

Reveal data for 1 credit

KPI	Metric	Year
		2021	2022	2023	2024	2025	Benchmark
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SBTi targets and commitments

Target	Status	Temperature alignment	Year
Near-term target	Targets set	1.5°C	2030
Long-term target	Targets set	1.5°C	2040
Net-zero	Targets set	-	2040
Business Ambition 1.5°C	Member	-	2019

Target details

Overall Net-Zero Target: Nokia commits to reach net-zero greenhouse gas emissions across the value chain by 2040. Near-Term Targets: Nokia commits to reduce absolute scope 1, 2 and 3 GHG emissions 50% by 2030 from a 2019 base year. Long-Term Targets: Nokia commits to reduce absolute scope 1, 2 and 3 GHG emissions 90% by 2040 from a 2019 base year.

SDG impact (historical)

Reveal data for 5 credits

KPI	Metric	Year
		2020	2021	2022	2023	2024	Benchmark
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Reporting

Sustainability Report

Available

Sustainability employees

Total sustainability employees

Available in
Scale package

Access

Controversy level

Very Low

Low

Noticeable

High

Severe

Download Controversy Analysis

Nokia Oyj, Finnish telecom equipment major, has faced sustained US DOJ FCPA enforcement scrutiny including the historic 2019 USD 8.3 millionplus Nokia Russia subsidiary FCPA settlement and the contested 2024 USD 1+ billion Nokia patent licensing customer disputes with Chinese Huawei/Xiaomi/Vivo/Oppo customers including the contested 2023 NokiaApple patent licensing renewal disputes affecting Finnish institutional shareholders.

Nokia | Sustainability Performance

Sustainability Ranking & Industry Benchmark

Sustainability Maturity

Sustainability Intent

Available in Scale package

View similiar companies

Carbon emissions

Renewable energy

Renewable electricity

Intensity

Female engagement

Waste

Controversy level

Carbon emissions breakdown

Energy consumption breakdown

Climate risk

Nature risk

Production loss

Revenue at risk

Assets exposed to sensitive locations

Biodiversity loss in km²

Biodiversity loss in CO2e

Potential species loss

Biodiversity impact

Waste management

Water management

Air pollution

Land use

Diversity & inclusion

Pay gap breakdown

Health & safety

Externalities

Revenue & EBITDA

Margin trends

R&D intensity

Return on invested capital

Analyst revenue estimates & actuals

Environmental policy coverage

SBTi targets and commitments

Target details

Sustainability targets and commitments

Overall score

Environment

Social

Governance

Exclusion screening

CDP Scores

SDG impact

SDG impact (historical)

Reporting

Sustainability employees

Available in Scale package

Nokia | Sustainability Performance

Sustainability Ranking & Industry Benchmark

Sustainability Maturity

Sustainability Intent

Available in Scale package

View similiar companies

Carbon emissions

Renewable energy

Renewable electricity

Intensity

Female engagement

Waste

Controversy level

Carbon emissions breakdown

Energy consumption breakdown

Climate risk

Nature risk

Production loss

Revenue at risk

Assets exposed to sensitive locations

Biodiversity loss in km²

Biodiversity loss in CO2e

Potential species loss

Biodiversity impact

Waste management

Water management

Air pollution

Land use

Available in
Scale package

Available in
Scale package

Available in
Scale package

Available in
Scale package