Targets for a better tomorrow - Nokia publishes its People & Planet Report for 2016

Targets for a better tomorrow - Nokia publishes its People & Planet Report for 2016

ID: 544075

(Thomson Reuters ONE) -


Press Release

22 May 2017

Espoo, Finland - Nokia has today published its annual sustainability report,
outlining the company's performance in 2016 and setting aggressive
sustainability targets through to 2030 for top focus areas.

Nokia's sustainability activities are based on four priority areas: improving
people's lives with technology, protecting the environment, conducting our
business with integrity, and respecting our people. Nokia People & Planet Report
2016, now available at www.nokia.com/people&planet, outlines the company's
sustainability ambitions, performance, and achievements for the year. The report
also unveils Nokia's new sustainability targets and renewed priorities for 2017
and beyond.

In the report, Nokia CEO Rajeev Suri stated: "We believe we can make our
greatest impact on the world's sustainability challenges by developing and
enhancing solutions that improve lives. This core belief is at the heart of
everything we do, and as a global leader in delivering technology solutions, we
know we must continue to apply our solutions, our robust innovation, to make a
positive impact on the world and those living in it."

2016 Key achievements

The integration of Alcatel-Lucent in 2016 provided an opportunity to apply the
best practices of both companies, and Nokia made great progress in several key
focus areas during the year. The highlights include:

* We entered the digital health market through our acquisition of Withings,
and collaborated with over 50 institutions around the world to help advance
medical research.
* The mobile networks we modernized brought average energy savings of 43% for
our customers. We have also continued to expand our Zero Emission base
station offering that can reduce site energy consumption and CO(2 )emissions
by up to 60 percent.




* Nokia was the first telco equipment vendor to have signed the commitment
letter and submitted our targets through the Science Based Targets
initiative.
* Our facility emissions decreased by 14% year on year.
* 243 of our key suppliers, representing 54% of our total procurement spend,
responded to the CDPs request to disclose their climate performance
information.
* We undertook an extensive review of the Nokia Human Rights Policy and
consulted with outside stakeholders, taking our commitment even further. We
joined the Global Network Initiative Board and committed to its external
assessment, collaborating with key customers, academia and NGOs.
* We spent 109 auditor days conducting in-depth Corporate Responsibility
supplier audits, more than doubling the total of the previous year.
* 84% of smelters supplying to Nokia have been validated as conflict free or
are undergoing the validation process.
* We conducted 382 health and safety maturity assessments on suppliers
providing high risk activities.
* On International Women's Day, our CEO signed the United Nations Women
Empowerment Principles, and over 1,900 Nokia leaders and managers were
trained on gender balance topics during 2016.
* We supported 42 community projects worldwide and reached around 868 300
direct beneficiaries, with children making up the largest proportion.

Our continuous efforts were again recognized by external assessors. Nokia was
named the industry leader in the CMT Communications Equipment sector by the Dow
Jones Sustainability Indices, garnering top rankings in the economic,
environmental, and social dimensions of sustainability. We also moved into the
top 20 of the 100 most sustainable corporations in the world as judged by
Corporate Knights, the Canadian-based media and research company. And, we took
top honors in CDP for our work on climate change and disclosure of climate data.

However, there is always more we can do. Nokia has identified several focus
areas for 2017 which include: further encouraging our subcontractors to follow
our rules and policies; managing process mapping and consolidation of waste
produced in our operations; delivering on the removal of the four restricted
phthalates from our products; and continuing the harmonization of our
sustainability programs following the acquisition of Alcatel-Lucent. As we move
into 2017 and beyond, we renew and intensify our commitment to the United Nation
Sustainable Development Goals, leveraging our strong global presence to improve
lives through technology.

About the People & Planet Report

In our reporting, we are committed to expanding our transparency and our
coverage. To help ensure compatibility with other organizations, our report is
prepared in accordance with the Global Reporting Initiative GRI G4 "in
accordance - Core" criteria. Our report is also compliant with the UN Global
Compact advanced criteria. Our selected key sustainability indicators have been
assured by the independent auditor PricewaterhouseCoopers Oy.

To find out more, please go to www.nokia.com/people&planet. We are happy to
engage with you on our ongoing sustainability journey. Please share your ideas
and feedback by contacting us at sustainability.global(at)nokia.com, or join the
Twitter discussion with (at)nokia with #sustainability #CSR #responsibility.

About Nokia
We create the technology to connect the world. Powered by the research and
innovation of Nokia Bell Labs, we serve communications service providers,
governments, large enterprises and consumers, with the industry's most complete,
end-to-end portfolio of products, services and licensing.

From the enabling infrastructure for 5G and the Internet of Things, to emerging
applications in virtual reality and digital health, we are shaping the future of
technology to transform the human experience. www.nokia.com

Media Enquiries:
Nokia
Communications
Phone: +358 (0) 10 448 4900
E-mail: press.services(at)nokia.com



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: NOKIA via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 22.05.2017 - 14:15 Uhr
Sprache: Deutsch
News-ID 544075
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