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2016-05-12

Connecting the world in a responsible way: Nokia publishes its annual People and Planet Report for 2015

May 12, 2016

Espoo, Finland - Nokia has published its 2015 sustainability performance
report, reaffirming its commitment to connect the world in a responsible way.

In 2015, four key sustainability priorities guided us: improving people's
lives with technology; protecting the environment; respecting people in
everything we do; and making change happen together. Today, we detailed our
progress against these priorities in the Nokia People&Planet Report 2015,
available atwww.nokia.com/people&planet.
The report outlines the sustainability achievements, targets, milestones and
distinctions reached by the company in 2015.

Commenting on the report, Nokia CEO Rajeev Suri said: "Nokia's focus on high
ethical standards means that while our company saw significant transformation
in 2015, our sustainability vision remained the same: to design technologies
that expand the human possibilities of the connected world while making it
more productive, healthy and sustainable. Following the combination with
Alcatel-Lucent, we are undertaking a new sustainability analysis in order to
create the necessary measurable, long-term goals to ensure that Nokia's
success in 2015 is benchmarked - and improved upon."

2015 Key achievements

During 2015, Nokia made great progress in energy efficiency and promoting
responsible business practices. The highlights include:

* We launched a Zero CO2 emission base station site offering which helps to
decrease base station site energy use by up to 70%.
* On average, the radio networks we modernized during 2015 now consume 45%
less energy.
* Our overall energy consumption decreased by approximately 7% compared to
the previous year and, as a result, our greenhouse gas emissions from
offices and factories declined by approximately 12%, including our
renewable electricity purchases.
* 51% of the electricity used was from renewable sources.
* We supported the UN Sustainable Development Goals and evaluated how our
business can make the best impact in reaching these goals.
* Around 98% of employees completed our Ethical Business Training course.
* Our employee engagement survey told us that 94% of our employees fully
support the Nokia values.
* Working with Save the Children, we are helping to increase the resilience
of children and their communities in 350 villages in India. In 2015, we
completed the first phase of the project: Save the Children helped
communities in 176 villages prepare for disasters by creating specific
disaster-management plans, school safety plans, and village task forces.
* We also evaluated how well we are incorporating children's rights into our
core strategies by inviting Save the Children to review Nokia's processes
and policies.
* Our suppliers exceeded our expectations as 180 of our key suppliers
reported their climate impacts via CDP and over 90 of them set emission
reduction targets.

Our efforts were recognized as world-class in a number of external
sustainability reviews: CDP gave us a top score for our disclosure of climate
change data, and ranked us in the CDP A-list, as well as in the Nordic
Climate Disclosure Leadership Index for 2015; We were included in the Dow
Jones Sustainability Indices and recognized as a top performer in the
Ecovadis Supplier Sustainability Ratings; We retained our position in the
Ethibel Sustainability Index (Global and Europe) and were again listed in the
FTSE4GOOD index and the Corporate Knights' Global 100 Most Sustainable
Corporations list.
About the People&Planet Report

Nokia is committed to expanding its transparency and coverage in reporting,
and to reviewing progress on its activities. Our report is prepared in
accordance with the Global Reporting Initiative GRI G4 Core guidelines and is
also compliant with the UN Global Compact advanced criteria. Our selected key
sustainability indicators have been assured by an independent auditor.

To find out more, please go towww.nokia.com/people&planet. We are happy to
engage with you on our ongoing sustainability journey. Please share your
ideas and feedback by contacting us atsustainability.global@nokia.com, or
join the Twitter discussion with @nokianetworks and @nokia with
#sustainability #CSR #responsibility.

About Nokia

Nokia is a global leader in the technologies that connect people and things.
Powered by the innovation of Bell Labs and Nokia Technologies, the company is
at the forefront of creating and licensing the technologies that are
increasingly at the heart of our connected lives.

With state-of-the-art software, hardware and services for any type of network,
Nokia is uniquely positioned to help communication service providers,
governments, and large enterprises deliver on the promise of 5G, the Cloud
and the Internet of Things. http://www.nokia.com
Media Enquiries:

Nokia
Communications
Tel. +358 (0) 10 448 4900
Email: press.services@nokia.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: NOKIA via Globenewswire

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