Nokia Commits to Net Zero Greenhouse Gas Emissions by 2040
Nokia has announced its commitment to significantly reducing its total global greenhouse gas emissions to net zero by 2040. This accelerates its previous target by 10 years and surpasses the Paris Agreement aim of achieving net zero by 2050.
Doubling Down on Near-Term Targets
The Finnish network gear maker is not only dedicated to halving its greenhouse gas emissions across Scope 1, 2, and 3 by 2030 from a 2019 baseline but also accelerating the decarbonization of its own operations.
- Scope 1: Direct greenhouse gas emissions produced by the company
- Scope 2: Indirect emissions, mainly from purchased electricity
- Scope 3: All emissions the company is indirectly responsible for
Focus Areas for Emission Reduction
Nokia will concentrate on various key areas to help reduce emissions across its value chain. These include product design and innovation, utilization of low-carbon electricity, enhancing energy and material efficiency, and implementing carbon removal strategies.
Commitment to Sustainability
By reiterating its existing near-term target and setting a new long-term goal, Nokia solidifies its commitment to sustainability and leading the charge towards a greener future.
Leave A Reply
Your email address will not be published. Required fields are marked *