The amount of CO2 Nokia avoided as a result of Gold Standard offsets in 2010 was 32,500 metric tons, but in 2011 it purchased no such offsets.
The largest source of scope 3 CO2 emissions for Nokia is its supply chain, but it made huge progress over the last year in the amount of CO2 emitted from this source. In 2010 Nokia’s supply chain emitted almost 6.9 million metric tons of carbon, and in 2011 this figure dropped to just under 1.9 million metric tons – a drop of almost 73 percent. In 2011, 66 percent of Nokia’s hardware suppliers that account for the highest environmental impact had company-level reduction targets for energy, greenhouse gas emissions, water and waste.
The company is mandating that all its key suppliers set energy efficiency and greenhouse gas emission reduction targets by the end of 2012.
Late last year, Nokia was ranked as the equal 11th most climate responsible company in the Climate Counts 2001 review. Nokia improved its score by four points year-on-year. Unilever topped the poll.
In compiling its 2011 sustainability report, Nokia used the Global Reporting Initiative’s G3 Sustainability Reporting Guidelines version 3.0. A third-party GRI Application Level check conducted by PricewaterhouseCoopers Oy confirmed Nokia’s self-declaration that this report meets the requirements for GRI Application Level A+.
