Intelligent Tech Channels Issue 58 | Page 47

INTELLIGENT GREEN TECHNOLOGY

Nokia takes ESG strategy to next level of impact

N okia has announced an enhanced environmental , social and governance ( ESG ) strategy , integrated into its business and technology strategies and focused on the areas where it can make the greatest impact .

Sustainability is core to Nokia ’ s purpose of creating technology that helps the world act together . Building on years of robust sustainability programmes and practices , Nokia has spent the past 12 months developing an enhanced company-wide ESG strategy to ensure that sustainability is a fundamental part of how Nokia develops technology and makes business decisions .
According to Nokia , the ESG strategy builds on five strategic focus areas where it looks to differentiate and create tangible environmental and social benefits : Environment – focusing on both climate and circularity ; industrial digitalisation ; security and privacy ; bridging the digital divide ; and responsible business .
Within the environment focus area , Nokia aims to be the leader in energy efficiency building on its silicon , software , and systems , and further leveraging opportunities to optimise across the network with energy orchestration and green operations . Nokia is already working to improve energy efficiency in 5G-Advanced and 6G through early engagement in standardisation and ecosystem development . In circularity Nokia focuses on hardware circularity , both in the use of recycled material in its own products and the refurbishment and recycling of products when removed from customers networks .
In industrial digitalisation , Nokia provides connectivity and digital solutions that sustainably transform physical industries , making them more sustainable , safe and productive . To achieve this , the vendor focuses on the ‘ Green Digital ’ proposition in its enterprise portfolio .
In security and privacy , Nokia is working to ensure a common security baseline for products and services and accelerating its security offering . Here , product development follows the ‘ Design for Security ’ methodology , building security into the life cycle from the very start . Nokia ’ s security experts partner with our customers to not only build and maintain secure networks , compliant with national regulations for critical telecom infrastructure but also assess the security resilience of networks against real attack scenarios and incursions .
In addition , Nokia aims to bridge the Digital Divide with its broad product portfolio , maintaining focused strategies with non-terrestrial network operators and digital skills building solutions .
Nicole Robertson , VP , ESG , Nokia , said : “ The line between purpose and profit is dissolving and companies are looking to identify the best ESG strategies to deliver measurable impact to societal challenges and drive value creation .”
Nokia ’ s enhanced ESG strategy has been developed across the company leveraging its portfolio strengths , as well as Bell Labs ’ research to accelerate Nokia ’ s positive impact , create new value opportunities for its customers , and deliver sustainable value creation for shareholders . •
INTELLIGENT TECH CHANNELS 4747