Global warming poses threat to life on earth in danger, risking fresh water, food, and energy supplies. Carbon dioxide (CO2), methane (CH4), and nitrogen oxides (NOx) are GHGs which are the primary cause of global warming.
Approximately 2% to 3% of worldwide greenhouse gas emissions is generated by the technology and communication industry. GHG emissions are produced by industry operations such as energy consumption, product manufacture, and product use. According to the International Telecommunication Union, digital technology has the potential to reduce world carbon emissions by roughly 17%. Technology companies can help other industries improve their operational efficiency by cutting GHG emissions.
Nokia Corp (Nokia) is a communications and information technology company that operates in the areas of network infrastructure and advanced technologies. It offers fixed networks, mobile phones, Wi-Fi systems, IP routing, subscriber data management, network implementation, network modernization, IoT, and 5G services. In 2021, the technology company reported total GHG emissions of around 45.18 million tonnes CO2 equivalents (MtCO2eq), up 14% from 2020.
Scope 1, 2, and 3 emissions are the three categories of GHG emissions. Scope 1 emissions result from sources that the firm owns or controls, such as emissions from its facilities, fuel used by company's car and marine fleet. Indirect GHG emissions from the generation of purchased energy, such as the electricity needed to power the company's facilities, are referred to as Scope 2. Scope 3 emissions refer to the company's other indirect emissions beyond the company’s direct operations and occur in the company’s value chain, including upstream and downstream activities, such as emissions from the customer use of sold products and emissions from the logistics and the final assembly factories in the supply chain.
Scope 3 emissions account for most of Nokia’s overall GHG emissions, accounting for 99.1% of total GHG emissions (44.79 MtCO2eq) in 2021. In 2021, the company's Scope 1 emissions climbed by 7%, but Scope 2 emissions fell by 15%.
Nokia has set a target to use 100% renewable electricity in their facilities by 2025 to fight climate change. The company als0 aims to achieve net zero GHG emissions across its value chain by 2050.
United States of America
China
Germany
Japan
United States of America
Ireland
United States of America
United States of America
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer