Nokia aims to be a leading company in environmental performance. The way we address the global challenge of climate change through energy efficiency in our products and operations is an integral part of our overall environmental strategy.

Although Nokia is not an energy intensive company and most of the CO₂ emissions take place either in component manufacturing by our suppliers or in the use phase of our products, we want to show leadership. We do this by reducing our own CO₂ footprint, raising consumer awareness on measures they can take to reduce their own footprint, driving best practices in our industry and influencing other industries to make full use of the potential of ICT and mobility in reducing emission.

Nokia's climate strategy includes specfic targets covering areas that contribute to our direct and indirect CO₂ emissions. The four main areas are:

• Nokia products and services
• Nokia operations
• Nokia facilities
• Leveraging mobile and virtual tools in the way of working and management practices.

We provide a statement of verification for some key targets.

To participate rasing public awareness Nokia signed an international communiqué, along with over 150 other global organizations, ahead of the December 2007 United Nations Climate Change Conference in Bali, Indonesia. It urged world leaders to develop policies and measures for the business sector to contribute to building a low carbon economy to help tackle climate change. Nokia's participation demonstrates our support for the belief that the benefits of strong, early action on climate change outweigh the costs of doing nothing.

Since January 2008, Nokia has been a member of WWF's Climate Savers, a programme where WWF and businesses collaborate to address climate change. Being a member of this programme reinforces our commitment to energy saving in our operations, ways of working and products.

There is good evidence that information and communications technology (ICT) makes a major contribution to GDP growth but at the same time can help to reduce the use of energy, thus slowing down global warming. Technology enables higher energy efficiency by making homes, offices, transportation, and operations more efficient. ICT-based services and working methods such as remote work and videoconferencing can result in lower overall CO₂ emissions.

The environmental gains of dematerialization can also be significant. Convergence, or incorporating the functionalities of several products into one product, can further contribute to dematerialization and energy efficiency.