Nokia Oyj
Industry Group: Technology Hardware
Country/Region: Finland
Identifier: HEL:NOKIA
Nokia provides telecom equipment and services that are used to build wireless and fixed-line networks. It operates in four segments. The mobile networks segment, which sells equipment and services to telecom carriers to power public wireless networks, is the largest, followed closely by network infrastructure. Network infrastructure focuses on fixed networks, including infrastructure, solutions, and components for IP networks, optical networks, and submarine networks. Cloud and network services is a nascent segment catering to enterprises with as-a-service platforms. Nokia also has a sizable research division and patent business, where it licenses technology used by handset providers, consumer electronics firms, and other firms making electronic and Internet of Things products.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Technology Hardware 24 out of 624
Universe
Global Universe 205 out of 15080
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Nokia Oyj |
8.8
Negligible
|
24 out of 624 |
Foxconn Industrial Internet Co., Ltd. |
13.9
Low
|
153 out of 624 |
ZTE Corp. |
15
Low
|
186 out of 624 |
Telefonaktiebolaget LM Ericsson |
15.6
Low
|
209 out of 624 |
Zhongji Innolight Co., Ltd. |
25
Medium
|
529 out of 624 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Nokia Oyj's Exposure is Low
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Nokia Oyj's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Nokia Oyj
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Nokia Oyj's ESG Risk Rating in the last three years
Highest Controversy Level