Nokia Oyj 2020 AR2
The report outlines Nokia's performance in 2020, highlighting its role in maintaining critical network connectivity during the COVID-19 pandemic. The company introduced a new operating model with four empowered business groups to drive technology leadership and simplify operations. Key achievements included reaching 139 commercial 5G agreements, launching 44 live 5G networks, and exceeding its target for ReefShark product shipments to reach 43%. On sustainability, Nokia remained on track to reduce emissions from its products by 75% by 2030, with modernized base station sites using 54% less energy on average.
Company: Nokia Oyj
Sector: Manufacturing
Country: Finland
Year: 2020
Type: AR2
Pages: 227
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Nokia Oyj
Annual Report
The report outlines Nokia's performance in 2020, highlighting its role in maintaining critical network connectivity during the COVID-19 pandemic. The company introduced a new operating model with four empowered business groups to drive technology leadership and simplify operations. Key achievements included reaching 139 commercial 5G agreements, launching 44 live 5G networks, and exceeding its target for ReefShark product shipments to reach 43%. On sustainability, Nokia remained on track to reduce emissions from its products by 75% by 2030, with modernized base station sites using 54% less energy on average.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees