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Celebrating transparently good news from the CDP

This blog is by Barry French at Nokia Networks.
Twitter: @bhfrench

I’m approaching my 10th year with Nokia, and over the years there’s something I have come to truly appreciate about this company and its deep Finnish roots: transparency.

It’s a stereotype, to be sure, but Finns get to the point. Quickly. Good news or bad, you get it directly. In a business environment like ours, that’s exactly what you need to thrive.

Today we got further confirmation of that transparency: CDP, a leading global organization working with shareholders and companies to disclose greenhouse gas emissions of major corporations, gave Nokia a perfect score of 100 for its disclosure of climate change data and kept Nokia in the CDP Nordic Climate Disclosure Leadership Index for 2015.

This is a fantastic result, and it shows our strong commitment in an area that is an integral part of our business: sustainability. Nokia has been in the index before, but this is the first time we have received a perfect score.

Nokia’s strategy is focused on what we call the programmable world – the next step of a path that started with fixed connectivity, moved to mobility, and will evolve to a world where tens of billions of devices and people will be connected. It is a massive change that will bring incredible new opportunities, and Nokia plans to be at the center of that change.

But change cannot come at any price. The next time you’re commuting to work, or out for dinner somewhere, take a look around you and see how people are using their mobile devices. It’s clear that data use will continue to rise sharply, and thus so will the need to design networks and equipment to support that increase in a sustainable way.

Our products, and those of the sector, affect the environment because making, distributing and operating them uses energy and other resources. We reduce our environmental impact by operating more efficiently, and designing products and services that, in turn, help telecoms operators reduce the energy consumption in their networks.

As an example, in February 2015 we launched our Zero CO2 emission base station site offering, part of our Single Radio Access Network (RAN) advanced portfolio. This helps operators achieve a reduction of up to 70% in base station site energy consumption. With the significantly lower energy consumption, solar, wind and fuel cell renewable energy sources become a viable option for powering a base station site, making it possible to achieve even zero CO2 emissions. We strive to continuously improve our environmental performance, and have been doing this for years.

This isn’t just something that companies like Nokia are interested in. Investors are too, with many demanding information from the CDP on how companies are meeting sustainability targets. The CDP works with some 820 institutional investors holding US $95 trillion in assets to reveal the risk in their investment portfolios, and also cooperates with thousands of companies to tackle climate change and ensure their carbon emissions strategy is integrated into the business.

Investors and our customers are demanding more transparency, and we are delivering. We also encourage key suppliers to report their climate impact and set carbon reduction targets through the CDP Supply Chain Program, helping us to plan improvement programs and more accurately report emissions.

We’re proud of the results from CDP, and committed to delivering more of the same in 2016 and beyond. Visit our People & Planet site to learn more about our sustainability efforts.

Please share your thoughts on this topic by replying below – and join the Twitter discussion with @nokianetworks using #sustainability #transparency #CR #Nokia.

Barry French

About Barry French

Barry French is Chief Marketing Officer (CMO) at Nokia. Areas of responsibilities include: heading marketing, communications, industry analyst and government relations, regulatory affairs, and corporate social responsibility and sustainability.

Tweet me @bhfrench.

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