Finnish telecommunications and electronics giant Nokia has called for accelerated digitalization and green energy uptake, while setting its sights on 100% renewable electricity in its own operations by 2025.
Nokia President and chief executive Pekka Lundmark (pictured) joined political, business, and civil society leaders at the COP26 conference, calling for an acceleration in the uptake of green technology to reach net zero.
Lundmark said: “There is no green without digital. Only 30% of the world’s economy is currently digitalized, and we must now work to connect the remaining 70% to ensure the world can reach net zero.
“5G and related technologies play a critical role in making other industries more sustainable. At the same time the ICT industry needs to minimise its footprint and accelerate the use of green electricity.”
Nokia now targets to achieve 100% purchased electricity from renewable sources by 2025 to power its offices, R&D labs, and factories.
Renewable energy is not currently available in all 120 countries where Nokia operates, but it will work with the broader ecosystem to drive greater uptake of sustainable electricity.
Nokia has already committed to reducing its emissions by 50% across its value chain, including own operations, products in use, logistics, and final assembly supplier factories by 2030.
Its commitments have been approved by the Science Based Targets initiative (SBTi) to be in line with the Paris Climate Agreement’s aim of limiting global warming to 1.5C.