Overall impact
B (79)

Commentary

Nokia is a strong overall performer. With a 'B' rating of 78.7 for overall impact (93rd percentile compared to all companies), Nokia ranks 3rd out of 92 industry peers, behind Ciena and Ericsson, and ahead of Maxar Technologies, Tessco Technologies, Airgain and 86 others. On top material causes for Nokia's industry (Telecommunications), Nokia performs well in Improved Mental Health (80.7 score), Quality Primary Education (95.6), Disaster Readiness and Effective Aid (95.7) and 7 other causes where it received an 'A' score. Nokia did not receive a 'D' or 'F' rating on any cause.
Impact
Cause NOK
Peer rank
Overall impact

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Impact trend

Change in rating for overall impact

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Company
Employees
78,434
Sector
Information Technology
Industry
Communications Equipment
Sub-industry
Communications Equipment
SASB industry
Hardware
Headquarters
Finland
Share classes
NOK
Description
Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, rest of the Asia Pacific, Europe, the Middle East, and Africa. It operates in four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company offers fixed network solutions, such as fiber and copper technologies, access infrastructure, in-home Wi-Fi solutions, and cloud and virtualization services; IP network solutions, which delivers IP routing and data center networking solutions for residential, mobile, enterprise, and cloud applications; and optical networks solutions, which provides optical transport networks for metro, regional, and long-haul applications. It also provides mobile technology products and services for radio access networks and microwave radio links for transport networks; and network management solutions, as well as network planning, optimization, network deployment, and technical support services. In addition, the company offers cloud and network services, including open, secure, automated, and scalable software and solutions; and 5G core, secure autonomous networks, private wireless and industrial edge, and network APIs. Further, it licenses intellectual property, including patents, technologies, and the Nokia brand. The company serves its products and services to communications service providers, industrial enterprises, governments, digital industries, webscales and hyperscalers, licensees, and the defense sector. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.
Material causes
Ethos considers the following causes material for Nokia, based on its industry sub-industry Communications Equipment. Learn more about material causes in our methodology overview.

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