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Nokia Tops Dow Jones Sustainability Index
Published Oct 13, 2009
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The Dow Jones Sustainability Indexes have named Nokia as the world’s most sustainable technology company in its '2009 –10' edition.
The Dow Jones Indexes are globally respected rankings of how well the world’s leading corporations are integrating sustainability into their businesses.
Selecting components from 2,500 companies in over 50 countries, the indexes are relied upon by leading institutional investors.
Already rated for several years as the leader within the Europe and Communications categories, this year Nokia was also chosen as “World Technology Supersector Leader” making it number one across the entire global technology sector.
Commenting on the news, Rick Simonson, executive vice-president and chief financial officer, Nokia said, 'Achieving the world number one slot across the entire global technology industry is a great achievement. It reflects the continued and strong commitment by Nokia employees to sustainable business practices'.
'We remain committed to action in this area because acting responsibly is not only the right thing to do, it is also undoubtedly the best thing for our business,' he stated.
Nokia has been integrating environmental and sustainable activities into the way it does business for more than a decade and the company considers the environment in all of the devices it makes by reducing environmental impacts in packaging, energy consumption, materials and manufacturing processes, and recyclability.
Nokia works with a number of public sector bodies, NGOs and voluntary groups to harness the power of mobile technology to address environmental, social or economic issues, Simonson pointed out.
Some of its most recent projects include developing dedicated mobile software that is being used by health workers to help monitor and fight the outbreak of disease in Brazil, and using mobile devices and connections to delivers high quality educational materials to children in remote or unprivileged areas in Brazil, the Philippines, and South Africa.
As part of its climate change strategy, Nokia is constantly working on reducing energy consumption and increasing efficiency across its business, Simonson said.
Some of its actions include reducing travel, investing in research and development of new technologies using renewable energy resources, and plans to increase the usage of green electricity which already accounts for 25 per cent of all energy the company consumes.
The company has also built a network of energy efficient and environmentally sensitive offices and works across its network of suppliers to set and develop high environmental and social standards, he added.
Posted by
VMD - [Virtual Marketing Department]
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