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Nokia Oyj: Nordic CEOs for a Sustainable Future seek to collaborate with Nordic governments on climate action and diversity in the workplace

14:31 Press Release 20 August 2019 Reykjavik, Iceland The Nordic CEOs for a Sustainable Future https://www.globenewswire.com/Tracker?data=PClaMpk5pdbcTmfhDxbZqdu9d8H0fI7sRgcWRyrq3h7UYkAstdR2orlM5Ix0v1mCA4DmUFFgQHJ5MzE5GkX533Dzjgrt4pVfOLFy61JwCaKyXJbQPtEexorvHbNNRQ-i , an alliance of the leaders of the Nordic regions leading businesses, met today with the Prime Ministers of the five Nordic countries to discuss a collaborative approach to addressing sustainability challenges. The CEOs presented their vision for achieving the United Nations Sustainable Development Goals (SDGs) https://www.globenewswire.com/Tracker?data=mGRWtb05OgCTsU4uVmK7hFoTqCowUN3BYW3z0lyqRcv5-bZiQR6bht5nCqhMXaDZwiiJqxwctY2p4qX7q2bdpX0qqdMW189r3BJfUQtgV3TkCUHg9eyiRbh34aZbuaRE3Nr5-1aaifudsQxY6g5omA== through greater public-private sector collaboration and the transition to purpose-driven business practices. The alliance will initially focus on climate action and diversity and inclusion in the workplace. The meetings formed part of the Nordic Council of Ministers https://www.globenewswire.com/Tracker?data=x56UAlBSW5q9V3YiS6AGs7caHdMLEJus0VWbOn2Z3upkM7KNWvx47-cdURAIwoDrnWHWizLiTY05Ir1wdS6yl01WC-VJf3JGKA6lBCOKNUNP7Cx9nxd6__q6ZG4fl3y3vomsi3k3iyUuUAGE9F44sQ== session held in Reykjavik, Iceland, this week. Integrating the SDGs into business strategies The CEOs are committed to integrating the SDGs into their business activities and decision-making, incorporating sustainability into their own policies and across their value chains. Recognizing that the 2030 deadline for achieving the SDGs is fast approaching, the companies are in particular looking at strengthening their efforts within the areas of climate change and diversity and inclusion. This will include: * Identifying scalable solutions across their value chains1 to accelerate reduction of emissions and collaborating on joint emission reduction efforts with other companies in the alliance. * Strengthening reporting on diversity and inclusion, using the insights gained to share best practices across the region, and joining forces on actions to improve. Nordic CEOs for a Sustainable Future was created in 2018 to inspire joint leadership and action towards delivery of the SDGs in the Nordic region. The industry leaders in the group represent companies that have collective annual revenues of more than EUR110 billion, directly employing more than 290,000 people around the world, with operations in 119 countries, serving hundreds of millions of citizens every day. Companies represented in the group include Equinor, GSMA, Hydro, slandsbanki, Marel, Nokia, Posten Norge, SAS, Storebrand Group, Swedbank, Telenor Group, Telia Company, Vestas and Yara International. Nokia CEO Rajeev Suri, who supports the initiative, said: The Nordic nations are respectedaround the world for two things: business innovation andstrong social systems. We can combinethose twoqualities through public-private partnerships,and, in doing so, meetthe UNs Sustainable Development Goals. By working closely together, business and governments can harnessthe advancesof the fourth industrial revolution to fight climate change and make workplaces more diverse. No less than the futures of our children and grandchildren are at stake lets collaborate now and start solving those challenges. To find out more, please visit: https://www.nordic-ceos.com/ https://www.globenewswire.com/Tracker?data=_Q9bhFRarflyRzoaQ9RqBq6KnTqnetLSMXS7Vkp-EFzM5HlEsW3Q5ffEmzpbSXlbumqKKKV-SZFgFJ7EnECnXCeFUFeDMUsweEC6LCpDFZQHEc_IHrZv8BpKmaRDRdUw ENDS About Nokia We create the technology to connect the world. We develop and deliver the industrys only end-to-end portfolio of network equipment, software, services and licensing that is available globally. Our customers include communications service providers whose combined networks support 6.1 billion subscriptions, as well as enterprises in the private and public sector that use our network portfolio to increase productivity and enrich lives. Through our research teams, including the world-renowned Nokia Bell Labs, we are leading the world to adopt end-to-end 5G networks that are faster, more secure and capable of revolutionizing lives, economies and societies. Nokia adheres to the highest ethical business standards as we create technology with social purpose, quality and integrity. www.nokia.com https://www.globenewswire.com/Tracker?data=XHoJbvx48fT4n-15VVAukW6QxOdx7720qKIC9fQb5nkptinUEpaEJdyAsg96zBMMSWRQ3aNNxwQ2wAT2oIoL4A== About the Nordic CEOs for a Sustainable Future The Nordic CEOs for a Sustainable Future Initiative is a CEO-led initiative, launched in October 2018, aiming to drive progress on the SDGs through collaboration. Nordic companies are built on shared values of inclusion, equality and long-termism; these characteristics can help advance the collective efforts outlined by the UN Sustainable Development Goals (SDGs) and the Paris Climate Accord. The initiative creates a platform for engagement between the CEOs and Nordic Prime Ministers on how to move from sustainability as a compliance matter to purpose-driven initiative. Read more here: www.nordic-ceos.com https://www.globenewswire.com/Tracker?data=XHoJbvx48fT4n-15VVAukb9c6wPOoaNL7FviuN7OgZ1F6R6prX3zWxlJvvzhG6qlQ2NHrql1lL-PkCsQs249Dua24702WjvRjAwzslkC6xY= Media Inquiries: Nokia Communications Phone:+358 10 448 4900 Email:press.services@nokia.com https://www.globenewswire.com/Tracker?data=SNeaCFePiy8cY1xRevejzA6ED8uNfRF5dqng3usQhaQcza7Xs0akg40VVbERHORLhpNdiogqKq2qzrbJJUmAy3QXimNs7ZJv3bHT9-bFkZw= ------------------------------------------------------------------------ 1 Value chain refers to the full lifecycle of a product or process, including material sourcing, production, consumption and disposal/recycling processes. © GlobeNewswire
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