Sustainability has long been one of Nokia’s core strengths. The company’s commitment to using connectivity to create positive outcomes for people and the environment has been central to its approach for decades. Nokia began voluntarily reporting its sustainability performance through its People and Planet report in 1999. In 2017, it became the first telecommunications equipment provider to have a 2030 climate target validated by the Science Based Targets initiative (SBTi).

Nokia has continued to strengthen this commitment. In 2023, sustainability was formally incorporated into the company’s corporate strategy as well as its incentive framework. A year later, Nokia became one of the first companies in the ICT sector to have SBTi-validated Net Zero targets extending to 2040. In 2025, Corporate Knights named Nokia the world’s most sustainable company in the communications industry. Nokia also placed 37th among the world’s most sustainable companies in a TIME and Statista ranking and was included among Ethisphere’s World’s Most Ethical Companies for the ninth consecutive time. In 2026, TIME and Statista ranked Nokia fourth among the world’s most sustainable companies.

Nokia’s consistent effort to integrate sustainability into both its technology and day-to-day operations has strengthened the confidence of customers and investors. It has also helped the company respond to regulatory obligations and build greater resilience throughout its supply chain.

However, expectations are continuing to rise. Customers are placing greater emphasis on sustainability when selecting technology suppliers, regulations are becoming more demanding, and stakeholders increasingly expect companies to demonstrate measurable environmental, social and governance (ESG) performance.

Sustainability has therefore moved beyond being simply a corporate responsibility issue. It increasingly shapes purchasing decisions, influences investment strategies and plays an important role in managing ESG-related risks. It is also closely connected to supply-chain resilience and Nokia’s efforts to address challenges and opportunities involving climate change, the circular economy and unequal access to digital connectivity.

The telecommunications industry is now entering what Nokia describes as an AI-driven supercycle. Against this backdrop, Nokia’s guiding principle of advancing connectivity to secure a brighter world offers a foundation for its next phase of development. The changing market environment calls for sustainability to become an even stronger driver of business performance, innovation and growth.

Nokia’s ambition is to become the most trusted connectivity partner while using innovation and resilience to contribute to a more sustainable future.

Nokia’s Sustainability Strategy
Nokia’s sustainability strategy is built around its role as a major provider of network connectivity technology. This position gives the company an opportunity to distinguish itself in the market by making sustainability an integral part of its products, operations and relationships with customers.

The strategy is organized around four impact areas and four key enablers, designed to address the company’s environmental and social impacts, manage associated risks and respond to changing customer expectations and emerging market opportunities.

Four Impact Areas
1. Decarbonization and the Circular Transition
Nokia is working to reduce greenhouse-gas emissions throughout its value chain, with the objective of achieving Net Zero emissions by 2040. The company is also targeting 95% circularity in its waste by 2030 and is increasing the use of recycled materials in its products.

2. Bridging the Digital Divide
According to the GSMA, nearly 3.4 billion people worldwide remain either without internet access or inadequately served by existing connectivity. Limited digital access can increase vulnerability to climate-related emergencies and contribute to economic and social exclusion.
Nokia aims to support its customers in connecting approximately 2 billion mobile subscribers and 140 million additional fiber-to-the-home customers by 2030. The broader objective is not simply to expand network coverage, but also to encourage digital adoption and make connectivity more accessible to communities that remain underserved or disconnected.

3. Supply Chain Resilience
Nokia operates a global supply network involving thousands of suppliers across more than 100 countries, with annual expenditure running into billions of euros. Such a large and geographically diverse supply chain creates both opportunities and potential risks.

In response to increasing global uncertainty, Nokia plans to strengthen its responsible sourcing initiatives and sustainable supply-chain practices. These efforts are intended to support regulatory compliance, improve resilience and ensure that the company continues to meet the sustainability expectations of its customers.

4. Responsible Use of Technology
Emerging technologies such as artificial intelligence, 6G and quantum computing are increasingly becoming part of discussions around digital sovereignty. As these technologies become more influential, responsible development and deployment will become increasingly important.

Nokia intends to use responsible technology practices as a way to differentiate itself from competitors and reinforce its position as a trusted technology provider.

Four Key Enablers
Customer Engagement
Nokia plans to deepen its engagement with strategic customers, particularly as major buyers increasingly incorporate sustainability criteria into their technology procurement processes.

Ecosystem Collaboration
Achieving meaningful sustainability outcomes requires cooperation across the broader technology and business ecosystem. Nokia’s priorities include helping partners access public funding, bringing together key stakeholders, contributing to international sustainability standards and making greater use of open-source innovation.

Innovation
The company aims to accelerate sustainability-focused innovation by combining its own research capabilities with collaborative development alongside customers and other partners.

Digitalization
Nokia intends to strengthen its management of ESG information by digitizing and automating relevant processes. Artificial intelligence will also be used to improve efficiency and enhance the way sustainability data is managed and utilized.

As these strategic priorities evolve, Nokia says it will continue to maintain strong standards in compliance, corporate governance and business ethics.

The company’s established systems for compliance, risk management and governance remain fundamental to the trust it has built in the market. Nokia’s current sustainability strategy is intended to build on that foundation rather than replace it.

Sharpening the Focus
Nokia’s technologies currently support more than 4.5 billion mobile subscriptions across more than 150 countries, as well as the networks operated by nine of the world’s ten largest AI and cloud providers.

Its sustainability strategy is designed to respond to the growing need to connect intelligence and people across the globe while ensuring that technological progress is pursued responsibly and with consideration for future generations and the planet.

More information about Nokia’s sustainability approach is available on its official website.
Sustainability is increasingly becoming a source of innovation, resilience and long-term value. For Nokia, it means concentrating resources on areas where the company can have meaningful impact, creating value through responsible technology and working with customers and partners to address global challenges.

The company’s objective is to help shape a more connected and sustainable future through continued collaboration and innovation.

Systemair has published its Sustainability Statement for 2025/26, outlining the company’s progress in reducing emissions, creating a supportive and attractive workplace, and strengthening responsible business practices. The statement also emphasizes the critical role of energy efficiency and the contribution of advanced ventilation systems to lowering building energy consumption while ensuring healthy and comfortable indoor environments.

The International Energy Agency (IEA) has stated that the global pace of energy-efficiency improvements must double by 2030 if the world is to remain aligned with international climate objectives. Since buildings account for a substantial share of global energy consumption, improving the efficiency of ventilation systems can make an important contribution to reducing overall energy demand.

“Systemair is committed to continuous innovation in ventilation technology, with ongoing investment in the development and improvement of our products. Energy-efficient solutions remain a key priority, enabling us to enhance indoor air quality while helping reduce the energy required to operate buildings,” said Robert Larsson, President and CEO of Systemair.

Among the notable achievements during the year were:

With operations spanning multiple markets and a workforce located around the world, Systemair recognizes the responsibilities associated with its global presence. During 2025/26, the company continued its efforts to improve business practices, strengthen operational efficiency, reduce environmental impacts, and create an attractive workplace.

Key developments included:

The 2025/26 Sustainability Statement is Systemair’s first report prepared in accordance with the requirements of the Corporate Sustainability Reporting Directive (CSRD). The statement has also undergone limited assurance by independent external auditors.

Additional information is available in Systemair’s Annual and Sustainability Report 2025/26, which can be accessed through the company’s website under Reports and Presentations.

Lee Morgan
Group Sustainability Director
lee.morgan@systemair.com
+46 703 23 60 19
Cathrine Stjärnekull
Group Communication Director
cathrine.stjarnekull@systemair.com
+46 72 240 63 88

Yum! Brands—parent company of KFC, Pizza Hut, Taco Bell, and Habit Burger & Grill—has long embedded sustainability into its growth and development strategies. While environmental initiatives alone are commendable, the company has found that eco-conscious design can also drive cost efficiency. For Yum!, going green is not only about environmental responsibility—it’s also smart business.

Back in 2014, Yum! introduced a set of sustainable building guidelines tailored to its restaurant operations. Influenced by the Leadership in Energy and Environmental Design (LEED) framework, these guidelines incorporate features like energy-efficient lighting and strategically positioned exhaust hoods. However, unlike LEED, Yum!’s system uses a specialized point-based structure adapted to the needs of quick-service restaurants, helping the company build more energy-efficient and resource-conscious locations.

“We meet our franchisees where they are, so they can build according to what makes the most sense for their budgets,” said Jon Hixson, Yum!’s Chief Sustainability Officer. “Thankfully, most of the methods we’ve identified are both good for the environment and for business.”

These sustainability principles continue to evolve. KFC recently introduced its “11 Must-Haves” under its Building Green Standards, while Pizza Hut created the Green Hut Toolkit, outlining key sustainable requirements. Both frameworks are designed to help operators reduce operational costs while conserving natural resources.

For example, Pizza Hut's list includes optimized heating, ventilation, air conditioning (HVAC), and exhaust systems, along with efficient lighting, refrigeration, and kitchen equipment. KFC's standards mirror many of these elements. Meanwhile, Habit Burger & Grill ensures that all its U.S. restaurants meet or exceed California’s pioneering Green Building Standards Code.

The benefits of these initiatives are tangible. Installing LED lighting across the KFC network reduced emissions by roughly 5% in 2024. Upgraded HVAC systems at a single Pizza Hut location have cut energy usage by about 30%, eliminating an estimated 7 metric tons of carbon dioxide annually.

KFC’s sustainability focus has also extended to furniture. In 2023, the brand rolled out Green Line Furniture—pieces made with reclaimed materials that are lighter in weight but still durable. This not only enhances sustainability but also reduces emissions from transportation by approximately 32%.

Globally, Yum! Brands leverages Energy Management Systems (EMS) to optimize restaurant operations. These systems control climate settings, track energy usage, and identify areas for improvement. In India, EMS have been deployed in over 800 restaurants across KFC and Pizza Hut, resulting in about 7% savings on electricity costs for KFC. Taco Bell U.S. has similarly installed EMS in approximately 150 of its high-energy-use corporate locations to control HVAC and refrigeration systems.

Yum! also evaluates solar energy opportunities based on site-specific factors like electricity costs, building layout, and sun exposure. KFC restaurants on every continent now use solar power in some capacity. Notably, a KFC location in California operates its drive-thru entirely on solar energy, lowering energy bills by 20%.

These continued efforts have earned Yum! recognition from organizations like CDP, a leader in sustainability reporting. Several of the company’s restaurants around the world have achieved LEED certification, such as KFC in Thailand, Pizza Hut in Vietnam, and a Gold-certified KFC location in India.

Yum!’s commitment is yielding significant results. By the end of 2023, the company had reduced greenhouse gas emissions from franchise restaurants by 28% compared to 2019 levels. The goal is to achieve a 46% reduction by 2030—and with more than half the target already met, Yum! is on track.

“Our aim is to cut emissions per franchise restaurant by nearly half by 2030, and we’re making strong progress thanks to our sustainable building practices,” Hixson noted. “We’re saving money for franchisees and energy for the planet—it’s a win-win.”