Ethisphere names Nokia as one of the 2022 World's Most Ethical Companies

Ethisphere names Nokia as one of the 2022 World's Most Ethical Companies

Press Release

Ethisphere names Nokia as one of the 2022 World's Most Ethical Companies

Nokia is recognized for fifth consecutive year and for sixth time overall

The company is one of five honorees in the telecommunications industry

136 honorees were recognized spanning 22 countries and 45 industries

16 March 2022

Espoo, Finland - Nokia has been announced by Ethisphere Institute as one of the World's Most Ethical Companies for the fifth year in a row. In 2022, 136 honorees were recognized spanning 22 countries and 45 industries. Nokia is one of five winners in the telecommunications industry and the only Finnish company to be honored.

The comprehensive audit includes more than 200 wide-ranging questions from culture, environment and social practices to ethics and compliance activities.

The award recognizes Nokia's exceptional governance and its commitment to best-in-class sustainability, business ethics, compliance and governance practices.

We commend Nokia for its commitment to building an ethical climate that is sustained year after year by resilience, steadfast values, and trust, said Ethisphere CEO, Timothy Erblich. We are inspired by the Nokia team's dedication to integrity, accountability, governance, and community. Congratulations to Nokia for earning the World's Most Ethical Companies designation.

We take great pride in our work to embed trust, ethical practices, and positive social impact at the heart of everything we do. We are honored to be recognized once again as one of the world's most ethical companies. This recognition is shared by the entire Nokia team for their continued efforts to meet the highest ethical standards across the organization , said Nassib Abou-Khalil, Chief Legal Officer, Nokia.

About Ethisphere

Ethisphere is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character and measure and improve culture. Ethisphere honors superior achievement through its World's Most Ethical Companies recognition program and provides a community of industry experts with the Business Ethics Leadership Alliance (BELA). More information about Ethisphere can be found at: https://ethisphere.com.

Methodology & Scoring

Grounded in Ethisphere's proprietary Ethics Quotient , the World's Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.

Honorees

The full list of the 2022 Worlds Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.

About Nokia

At Nokia, we create technology that helps the world act together.

As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world.

Inquiries:

Nokia

Communications

Phone: +358 10 448 4900

Email: press.services@nokia.com

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