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Nokia Aims to Consume 100% Renewable Energy by 2025
Nokia announced last Wednesday, January 12, that it is joining the global initiative that encourages the use of renewable energy – RE100. The initiative brings together more than 340 companies committed to utilizing clean energy sources to meet their demands.
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“By joining the RE100 initiative, Nokia aims to show leadership in the adoption of renewable energy and to use its position in the ICT value chain to encourage suppliers and customers to take similar steps to reduce emissions, accelerating the shift to sustainable electricity”, Nokia stated in a note.
According to the provider, the announcement consolidates Nokia’s existing goal of reducing pollutant emissions from its operations and achieving 100% renewable energy consumption by 2025.
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For several years, Nokia has been reporting an increase in the use of renewable electricity within its company. This is because the total across the company in 2020 reached 39%, while preliminary figures for 2021 show 45% of the energy consumed as renewable.
Together with this action, Nokia also aims to reduce emissions by 50% across the entire value chain, which will go through its own operations, usage products, logistics, and supplier and manufacturing plants by 2030.
The RE100 project is led by the Climate Group, along with the Carbon Disclosure Project (CDP), with Nokia now as a new member. Carbon Disclosure has partnered with Nokia for over ten years and is the company responsible for monitoring the volume of emissions from the company.
The use of renewable and more financially efficient energy is one of the biggest trends in the telecom chain, which seeks to harmonize the increase in energy consumption generated by the advent of 5G networks and the implementation of ESG agendas among suppliers and operators.
About the RE100 Project
RE100 is the global corporate renewable energy initiative that brings together hundreds of large and ambitious companies committed to 100% renewable electricity. Led by the Climate Group and in partnership with the CDP, its mission is to accelerate the shift to zero carbon networks at scale.
The members of the RE100 project have global operations and encompass manufacturing and pharmaceutical, fashion, and technology sectors. Together, they send a powerful signal to markets and governments about the demand for renewable electricity.
The companies that are members of RE100 are already generating enough demand for renewable electricity to power a mid-sized country.
