Corporate responsibility

Nokia Siemens Networks sees corporate responsibility as intrinsic to our business. We believe information and communication technology can have a positive impact on society, by connecting people and communities to new opportunities for social and economic growth and by helping reduce the environmental impact of human interaction.

We are a leading enabler of communication services. Our company began operations in 2007, combining the long experience of the former Networks Business Group of Nokia and the carrier-related businesses of Siemens. In these pages we outline how we manage key ethical, social and environmental issues and why they are important to the sustainability of our business.

Five billion people are likely to be connected by telecommunications networks by 2015 and billions will be connected by broadband. This means that compared with 2007, two billion more people will be able to make calls and access the wealth of information on the internet. The positive impact on people’s lives and on developing economies will be huge.

This brings enormous business opportunities for Nokia Siemens Networks, and it carries responsibilities. We believe that sustainable business and growth can only be achieved through the highest standards of ethical behavior.

As our networks become more pervasive, we must ensure that our technology uses less energy, contains fewer environmentally sensitive materials and can be recycled easily at the end of its life. We are committed to environmental sustainability in everything we do – it is an essential part of our product design, our relationships with suppliers and how we manage our own operations. We also work to promote environmentally sustainable technology across our industry and in industries that use our products.

This report summarizes our initial position and activities on issues relating to corporate responsibility over the first months of the company’s existence. We intend to publish a full corporate responsibility report covering the year 2008, when we have more complete data and have developed our policies, programs and targets further. Nokia Siemens Networks also reports CR-related data as part of the Nokia 20-F report.