Nokia announces the launch of its finance framework

Finnish telco, IT, and consumer electronics corporation Nokia has announced the launch of its sustainable finance framework that focuses on future stakeholder value and is central to its business outcomes.

Following this launch, the framework will reinforce Nokia’s commitment to sustainable growth by securing its financing solution that supports the company’s recently enhanced ESG strategy. 
The ESG strategy focused on purpose and profit, and it was built around five pillars where the company can have a material impact. By linking the ESG strategy to the sustainable finance framework, the company will allow the strategy to embed maintenance throughout the organisation. This will create long-term value for stakeholders as well, both on the internal and external levels. 
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Nokia’s development strategyFinnish multinational telecommunication, information technology, and client electronics corporation, Nokia provides its customers with multiple services and products.  


For businesses, the company offers networks and industry solutions (such as CNS, Industry 4.9, a digital suite of technologies that allow industries to include Ready 4.0. programme into their operations while improving the resilience of each of them, as well as IP networks, that can power the virtual worlds of the metaverse and innovate the areas), partners, and ecosystems, as well as licensing opportunities. 

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