Press Release Nokia announces it will halve emissions from 2019 to 2030 The Science Based Targets initiative (SBTi) has signed off Nokia’s new targets which fulfil its commitment to align with limiting the global temperature rise to 1.5°C.
The previous targets were in line with a 2°C riseEmissions will be reduced in both Nokia products in use with customers as well as Nokia’s own operations 4 March 2021 Espoo, Finland – Nokia today announced that it will reduce emissions by 50% across both its own operations and products in use by 2030. The company’s new Science Based Targets (SBTs) fulfill its commitment to recalibrate in line with a 1.5°C global warming scenario. Nokia first committed to SBTs in 2017, initially with goals based on limiting global warming to 2°C.
The company achieved 90% of its target savings within its own operations (scope 1 and 2) 11 years ahead of target and was on track to deliver its ‘scope 3’ targets for products in use with its customers. Nokia is now adopting more ambitious targets which consider a 1.5°C warming limit, starting with 2019 as the baseline. These have been expanded to cover a broader base, close to 100% of the company’s current product portfolio. They also now include emissions from both logistics and assembly factories within its supply chain, as well as emissions from Nokia’s own operations.
Pekka Lundmark, President, and CEO, Nokia said: “We have led the way in reducing emissions from our own operations and helping our customers to do the same by continuously innovating to make our products more energy-efficient in recent years. But climate change is a race against time. These tougher, new, scientifically-calibrated climate targets mean we will go further and faster to reduce our carbon footprint and ensure sustainability is at the heart of our product design and the smart solutions we enable.”