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Nokia's Climate Target Data Preview
As of 2024, Nokia has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Nokia ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Business Travel (Cat. 6), Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 3 - Upstream Transportation and Distribution (Cat. 4) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Business Travel (Cat. 6), Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2040 |
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Verified Sources Behind Nokia’s Climate Targets Data
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Insights into Nokia's Greenhouse Gas Emissions Pathways
As of 2024, Nokia has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a
Does Nokia have a target to reduce the emissions from its operations?
As of 2024, Nokia has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Nokia's most ambitious operational target is to reduce these emissions by 90% by 2030, compared to a baseline of 375,224 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a
As of 2024, Nokia is ahead of schedule on its operational emissions reduction target, having achieved 84.31% of the planned reduction. a
Nokia's Operational (Scope 1+2) Emissions Pathway
Does Nokia have a target to reduce the emissions from its value chain?
As of 2024, Nokia has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
Nokia's most ambitious value chain target is to reduce these emissions by 88.62% by 2030, compared to a baseline of 4,225,716 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a
As of 2024, Nokia is ahead of schedule on its value chain emissions reduction target, having achieved 87.15% of the planned reduction. a
Nokia's Value Chain (Scope 3) Emissions Pathway
Does Nokia have a target to reduce its total carbon footprint?
As of 2024, Nokia has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a
Nokia's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 40,404,798 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 90% by 2040. a
As of 2024, Nokia is ahead of schedule on its total carbon footprint reduction target, having achieved 39.58% of the planned reduction. a