Our story continues …


3 .

1 ‘92 ‘06 1. Russia. Indonesia and Brazil • Production facilities • Main supplier locations How Nokia has grown 1992-2006 * Net sales EUR billion Device volumes Millions of units 347 R&D investment EUR billion 3. Germany. India. United Kingdom.4 Nokia’s ongoing evolution Nokia in 2006 • Largest markets by net sales China. Spain.9 Employees • 40 nationalities • 120 nationalities 68 000 R&D personnel • 13% of personnel • 31% of personnel 21 500 41.1 1. United States.6 ‘92 ‘06 ‘92 ‘06 26 000 3 400 ‘92 ‘06 ‘92 ‘06 * Rounded figures .1 3. Italy.

5 Nokia continued to build on its leading position in 2006 — a year of strong growth. and we have enhanced Nokia’s environmental commitment by aligning climate change considerations into our business strategy. a deep global presence. With our trusted brand. video. Olli-Pekka Kallasvuo. games. We also integrated our corporate resonsibility initiatives more concretely with Nokia’s business activities. navigation. television. The company.0 phenomenon. One of the most notable strategic moves we made in 2006 was the decision to combine our networks business with Siemens’ carrier-related operations for fixed and mobile networks. imaging. has a worldclass fixed-mobile convergence capability. to form a new company called Nokia Siemens Networks. 2007. and global manufacturing and distribution networks. Now. With an estimated 850 million Nokia users out there. in what marks the next phase of Nokia’s evolution. we are positioned to connect more people to the Internet than any other company — and we are actively aligning our strategy in pursuit of this major business opportunity. and one of the industry’s largest and most experienced service organizations. An integral part of this experience-led strategy is for our advanced devices to be the tools of choice for people participating in the Web 2. which is jointly owned by Nokia and Siemens and started operations on April 1. Nokia CEO . decisive action and planned evolution for the company. business mobility and the Internet through our devices. Our global employee guidelines and updated supplier requirements communicate ethical business practices within Nokia’s production chain. we are increasingly providing consumers with experiences in music. wide product portfolio. I firmly believe that Nokia’s development over the longer term is linked to the responsible business practices we employ today. we were able to capitalize on a buoyant global device market to achieve record-breaking full-year device volumes and net sales.

Environment • Nokia aims to develop advanced human technology with no undue environmental impact • Our environment strategy targets lifecycle thinking focusing on substance management. Nokia examines its value chain and product lifecycles to strive towards meeting and exceeding expectations.The business of being responsible 1. energy efficiency and take-back/recycling efforts Nokia’s interests depend on compliance with the highest standards of business conduct and we aim to be among the world’s leading companies in responsible practices. whose work practices are reflective of Nokia’s Code of Conduct. Our values are communicated through our employees. Nokia’s Corporate Responsibility timeline 1991 Nokia signs International Chamber of Commerce’s Business Charter for Sustainable Development 1994 Nokia’s Environmental Policy published 1997 Nokia’s Code of Conduct created Nokia launches its first take back initiatives 1998 First ISO 14001 certified Nokia Environmental Management Systems Nokia offers the LPS-1 loopset. plus on-site assessments 3. Brand reputation • Brand loyalty is based on trust of products. training. identity. Working with suppliers • All Nokia products and services should be sourced according to internationally accepted standards • We evaluate our suppliers in terms of Nokia’s environmental and ethical requirements • Compliance is ensured through supplier contracts. an accessory for people in Finland with telecoilequipped hearing aids 2000 Nokia joins World Business Council for Sustainable Development Manufacturing units become ISO 14001 certified Nokia Supplier Requirements have environment and ethical elements SMS server created for deaf community 2001 Nokia subscribes to the UN Global Compact Full material declaration on all components begins and a process to collect data for new components is established internally . behavior and communications 2.

Community involvement • Aiming for a positive impact beyond the advanced technology. Personnel • Nokia is committed to an inclusive and diverse working environment • Corporate Social Responsibility is vital to attracting and retaining the best talent • Nokia’s Code of Conduct. international ethical standards and local legislation guide employee practices • Our operations are regularly assessed internally 3 5. products and services we provide • Initiatives target youth and support education with mobile technology • Affordable mobile communications provided for rural communities • Charitable giving and disaster relief IOR Environment Personnel 4 2002 Nokia’s Environment Policy revised 2003 DJSI STOXX places Nokia as leader among its listed IT sector companies 18 countries host community involvement initiatives Nokia’s first in-depth labor conditions assessments Nokia’s first CR report published 2004 Nokia joins the Global e-Sustainability Initiative Supply Chain working group (GeSI SCWG) PVC phased out from terminal accessory cables Lead eliminated from PVC in chargers 2005 First EU RoHS compliant product from Nokia on the market Nokia’s Code of Conduct revised and promoted internally Nokia’s Global Employment Guidelines established 2006 Updated Nokia Supplier Requirements established All Nokia products sold in Europe are RoHS compliant Newly released Nokia chargers are PVC free The Energy-Star label implemented in the United States Nokia has community involvement initiatives in 37 countries Nokia joins the EU Corporate Social Responsibility Alliance .1 Brand reputation 2 Working with suppliers EXPECT E D BU SINESS B EH AV 5 Community involvement The business of being responsible 4.

This makes us the leader in the converged device segment and the world’s largest manufacturer of cameras and digital music players. surf the Internet. watch television. features and functionality for all major consumer segments and price points. In 2006. cameras. pocketable computers and gaming consoles — is typically referred to as digital convergence. While today mobile devices are still used primarily for voice and text message communication. and more. check e-mail. browse and create documents. From our entry-level phones to our advanced multimedia computers. design. people increasingly also use them to take and send pictures. Nokia shipped a total of 39 million converged devices. approximately 140 million devices with an integrated digital camera. A selection of the devices in Nokia’s 2006/2007 portfolio Nokia 2626 Nokia 6300 Nokia 6131 Nokia E65 Nokia E90 Communicator Nokia N95 Nokia N93i . manage their schedules.6 Mobile devices for all Nokia always aims to offer a broad and balanced range of commercially appealing mobile devices with attractive aesthetics. record video. highquality and innovation. and close to 70 million music enabled devices. play games. And these multifunctional devices are often called converged devices. This trend — where mobile devices increasingly support the features of single-purposed product categories such as music players. all Nokia devices are based on the company’s core strengths of usability. listen to music.

including WLAN. as well as specific take-back and recycling campaigns. Secure mobile connections In addition to mobile devices. watch TV. GPS. certain Nokia Nseries multimedia computers also feature non-cellular connectivity. In 17 of these countries there were also additional take-back services available.7 Nokia leads the global device market Nokia’s estimated share of the 2006 global device market was 36% — making us the industry leader. According to our estimates we have held this number one position since 1998. listen to music. . Nokia Nseries Nokia Nseries multimedia computers offer consumers the ability to record video and still pictures. Nokia Eseries The Nokia Eseries is a range of devices designed for business users and the IT organizations that support them. Take-back and recycling Nokia aims to offer take-back opportunities at all of its Nokia Service Centers. In addition to supporting 3G/WCDMA connectivity. All mobile devices and accessories returned to Nokia are sent to Nokia authorized recyclers for end-of-life management. Digital Video Broadcasting-Handheld (DVB-H). and make phone calls. The devices differ in terms of physical design and features. but all use a single software platform that can be integrated with different applications and corporate solutions. and Bluetooth. cooperation with retailers and operators. with consumers able to return used products through prepaid envelopes. and to establish secure remote connections between corporate networks and devices. print-quality images. which were in operation in 85 countries by the end of 2006. access the web and e-mail. Nokia provides firewall gateways and software-based tools designed to help companies grant their employees access to corporate information. FM radio.

In 2006. Hong Kong. At the rational level. We believe value does not lie in objects. We are now marketing our devices around four different product categories.8 Becoming the world’s most loved an Since the early 90s. they think about ease of use. opening at prime retail locations in Chicago. design and what the device can do for them. and can purchase as well as set up the latest devices. reliability. and ongoing investment in marketing communication. During the year we introduced a renewed category model to drive product segmentation and encourage a fundamental change in the way trade customers and consumers choose and buy our devices — shifting from a product focus to an experience focus. we want them to feel and think that Nokia is the only brand that connects people through very human technology. as expressed in our Connecting People slogan. They can also experience new ideas and technologies through in-store multimedia displays and interactive kiosks. Visitors to the stores get expert advice on Nokia products. we refreshed our brand image through a combination of efforts in design. Mexico City and New York. Helsinki. a broader product portfolio. At the core of the Nokia brand has always been a very human and emotional sensibility. Ever closer to people brand’s strategic direction. People bring a set of expectations to our brand. We also continued to build on our . quality. with the aim of addressing specific sets of customer needs and making it easier for people to choose a device aligned with their lifestyle. At the emotional level. Nokia’s products have defined our brand in people’s minds — making Nokia the mobile phone icon of our industry. We believe connecting is about human relationships and feeling close to everything that matters. launching a series of marketing initiatives aimed at solidifying the consumer experience and achieving our goal of becoming the world’s most loved and admired brand. but in the infinite network of experiences we unleash. We continued with our roll-out of Nokia Flagship stores during the year.

Moreover. . Nokia was ranked as the number one brand in Asia for 2006 by market-research company Synovate in its annual survey of Asia’s top 1 000 brands.9 The Nokia Flagship store in Moscow d admired brand Nokia brand tops charts In 2006. the Business Week and Interbrand annual rating of Best Global Brands positioned Nokia as the world’s sixth most valued brand for the second year running.

analyzing trends and observing lifestyles so that Nokia can create devices and engender experiences that enhance people’s daily lives. shapes and styles for Nokia’s future devices. recruiting new design talent. researchers. The team conducts a vast amount of consumer research. relevance and experience are central to our design ethos. . Nokia made a number of changes at its design organization. Nokia’s multi-disciplinary design team comprises approximately 250 psychologists.10 Very human technology Nokia takes a human approach to design with the goal of creating stylish products that work just the way people want them to. including altering the organization’s structure. One example of Nokia’s accessibility solutions is the LPS-4 Accessibility Loopset feature for wearers of T-coil equipped hearing aids. anthropologists and technology specialists representing 25 different nationalities. Our design team is also responsible for new and different technologies. materials. During 2006. and announcing the opening of new Nokia design studios. Accessibility for all Accessibility concerns form part of Nokia’s social responsibility strategy and its mainstream business. Simplicity.

RoHS compliance ahead of time During 2006. The design factors the team identified include a need for affordable stand alone charging services (such as solar). Nokia aims that all its mobile devices will be EU RoHS compliant in 2007.11 How do you charge a mobile device when electricity is scarce? Nokia’s Design Insight and Innovation team investigated this concern in 2006. Material content of a Nokia 6125 mobile device Thermoplastics Cu alloys Glass and ceramics Fe alloys Thermosets Co Al alloys Graphite Other metals Other non metals Sn Li 38% 19% 10% 10% 7% 4% 4% 4% 1% 1% 1% 1% . reviewing phone use in Uganda. restricted or have been identfied for reduction. Nokia had a fully RoHS compliant device portfolio in the EU well before the July 2006 phase-out deadline. design elements that support the customization of batteries for owner identification. Substance management is a key component of Nokia’s environmental strategy. and status updates on local power availability. a reduction of power consumption. we aim to phase out the use in our products of substances that are banned. Nokia is working closely with its suppliers to achieve this goal. Furthermore. Accordingly. Nokia successfully completed its work on phasing out hazardous substances as required by the European Union’s RoHS directive (Restriction of the use of certain Hazardous Substances).

as well as on growing and forthcoming technologies like mobile DVB-H. CDMA. for example. . Wibree. S60 software. WCDMA. the establishment of a new Nokia Research Center site in Palo Alto. Nokia uses S60 in its own devices and licenses it to other mobile device manufacturers. California. NFC and LTE. In software. and collaboration on nanotechnology research with Cambridge University and the Helsinki University of Technology. EDGE. in collaboration with the Massachusetts Institute of Technology. Nokia’s global network of relationships with universities and other industry R&D experts expands the scope of our long-term technology development. What is S60? S60 is an open source mobile software platform upon which new applications and innovations can be built. Highlights from 2006 and early 2007 include the opening of the Nokia Research Center Cambridge in Massachusetts. and works with the open source community on several projects.12 The foundation for innovation Nokia’s long history of successful research and development continues today in both multiradio technologies and software. The S60 3rd Edition open source browser serves as a good example of how the open source approach can deliver both great end-user experiences and R&D efficiency. Bluetooth and WLAN. as well as the application software visible to the end user. Nokia works on both the platforms that allow the implementation of technologies. Nokia sees open source development as a way to foster innovation. WiMAX. The platform is the clear leader in converged device software with 54% market share globally in Q4 2006 (Canalys. The open source approach Open source typically refers to a program in which the source code is available free of charge to the general public for use and modification from its original design. Our technology research focuses on broadly accepted standards such as GSM. 2007). is enhanced through the use of open source. collaboration with Stanford University.

We delivered our first GSM network to the Finnish company Radiolinja in 1989 and launched our first digital handheld GSM phone. one third is used when charging the device’s battery and two thirds when the charger is unplugged from the mobile device but is still drawing on the mains — a charger’s no-load energy consumption. 0. coupled with the deregulation of European telecommunications markets in the 1980s and 1990s. By the end of the 1990s we had supplied GSM systems to more than 90 operators around the world and were offering a wide portfolio of GSM devices. and by March 2007 owned more than 11 000 patent families. In line with our environmental strategy. was to be the cornerstone of our international success.5 W Improving energy efficiency A mobile device’s active use and idle time account for about one third of its total lifetime energy consumption.13 Strong in Intellectual Property Rights (IPR) Nokia has been building up its IPR portfolio since the early 1990s.3 W ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 0. in 1992. from an energy saving perspective. Average no-load figures based on charger models/volumes sold 0. Our expertise in the standard.3 W has been established by the EC Code of Conduct on Energy Efficiency . In addition. Finnish Prime Minister Harri Holkeri made the world’s first GSM call. a charger’s no-load energy consumption is an important issue. by 2010. 1991. The average no-load energy consumption of Nokia chargers is about 300 mW. Thus. reminder alerts for consumers to unplug chargers once the battery is recharged are planned for 2007. Nokia has set the target of reducing the average no-load consumption of its chargers by 50% and the no-load consumption of its best-in-class chargers to close to zero. with Nokia’s best-in-class chargers being around 150 mW. the Nokia 1011. The first GSM connection On July 1. From the start Nokia was in the vanguard of GSM’s development. using Nokia equipment. Of this.

ensuring efficient communications. had production facilities in nine countries. mobile switch centers. employee well-being. follow-up. Nokia’s guidelines cover basic principles related to compensation. action planning. This gives us the flexibility to respond rapidly to the changing needs of different geographic markets. It is extremely important to Nokia that labor conditions at all our production sites meet recognized international standards. and a global network of sales. instructions for identifying conflicts of interest. Nokia’s global employment guidelines. As of December 31. were further implemented during 2006. equal opportunities. we conducted internal labor conditions assessments at all Nokia production sites globally. with the company’s local human resources organizations ensuring that new local employment policies are aligned with these global principles. customer service and other operational units. 2006.14 A world-class team At the end of 2006 we employed 68 483 people of more than 120 nationalities. radio access products Plug-in units for both GSM and WCDMA base station product families Mobile devices Mobile devices Mobile devices. Nokia operated 15 manufacturing facilities in nine countries Country Brazil China Location Manaus Beijing Dongguan Suzhou Beijing Salo Rusko Espoo Limingantulli Bochum Komárom Chennai Reynosa Masan Fleet Product Mobile devices Mobile devices Mobile devices Base stations. Accordingly. Each of our mobile device manufacturing plants is capable of making devices for most of the world’s major cellular standards. confidentiality and privacy issues. and business management reporting and ownership. base station controllers Mobile device batteries. sales in more than 150 countries. guidance on external assignments. cellular network transmission products Home location registers. transcoders. and the recognition of freedom of association. we have developed an internal labor conditions management system that requires regular assessments. base station controllers. In 2006. working time and location. base station controllers Mobile devices Base stations Switching systems. created in 2005. mobile devices Mobile devices Mobile devices Finland Germany Hungary India Mexico Republic of Korea United Kingdom .

we continued the roll out of a significant e-learning and communication campaign designed to bring the revised Code of Conduct to life for our people. Nokia is aiming for 25% of its global energy needs to be met by green electricity during 2007-2009. % Age distribution. increasing to 50% in 2010. where e-learning activities are less readily available. Currently. gives guidance in different business situations and defines boundaries between appropriate and inappropriate business behavior.000 Nokia employees (more than 81%) had completed the Code of Conduct e-learning. % 100% 100% • Female • Male 75% 50% 25% 2004 2005 2006 • Over 50 • 40-49 • 30-39 • Under 30 75% 50% 25% 2004 2005 2006 . By the end of 2006. Nokia aims for an inclusive and diverse working environment Employee gender distribution. almost 56. the Code of Conduct is available in 31 languages.15 Going green In 2006. Nokia entered into a deal with Scottish and Southern Energy to supply 100% of the energy for its UK operations from green electricity. with an enhanced focus directed towards our production sites. applicable to all Nokia employees. as well as to make sure that everyone in the organization is committed to the Code and its messages. Following Nokia’s Code of Conduct Nokia’s Code of Conduct. Following the decision to revise our Code of Conduct in 2005.

including ethical and environmental considerations . ensure the implementation of effective workplace planning activities. such as integrated circuits. microprocessors. such as covers. and provide necessary competence development programs for employees. memory devices. connectors. Our products also incorporate software provided by third parties. cameras. Nokia’s supplier requirements come as an addition to Nokia’s standard policies on discrimination. with particular requirements directed towards human resource management. key mats and antennas. Nokia has also updated its environmental requirements by placing a greater emphasis on suppliers’ waste and substance management activities. during which the knowledge and experience gained from Nokia’s on-site supplier assessments and stakeholder feedback was incorporated into the process. This includes electronic components. Rollout of Nokia’s revised supplier requirements is scheduled for 2007. working hours. The new and updated provisions in Nokia’s supplier requirements aim to increase environmental and social focus. we began to update Nokia’s supplier requirements as part of our commitment to continuous improvement within the sourcing organization. and mechanical components. appropriate disciplinary practices.16 Enhancing our supply chain In line with industry practice. compensation. displays. we source a large proportion of components for our mobile devices from a global network of suppliers. This work progressed throughout 2006. In 2005. and other such areas. batteries and chargers. Steps in managing CR issues in Nokia’s supply chain Nokia Supplier Requirements • The base for corporate responsibility work with suppliers • Includes both environmental and ethical/social clauses • Applied globally through contractual agreement System assessments • System assessments are Nokia’s basic level of monitoring for environmental and ethical compliance within its supply chain • Assessment criteria defined by Nokia Supplier Requirements. These new provisions will require suppliers to define and implement an ethical policy.

health and safety. labour conditions. and labor issues. ethics. possible needs for improvement identifed through system/self/risk assessments and/or as an enhancement mechanism to develop our own internal processes Improvement programs • A way to support supplier corporate responsibility development and drive improvements in environmental performance. Global e-Sustainability Initiative (GeSI) Nokia is an active participant in this industry-wide collaboration established through the Electronic Industry Code of Conduct (EICC) to promote environmental protection and social development in the supply chain. business expansion. an audit process that includes corrective action monitoring. In-depth assessments (labour conditions and/or environment) • In-depth assessments conducted due to geographical or process risks. and stakeholder events. covering environmental. and health and safety . Highlights from 2006 include learning and capability building activities.17 On-site supplier assessments During 2006. the development of the online tool E-TASC. Nokia conducted over 100 on-site system assessments of its suppliers.

Nokia is committed to making universal access a reality. Nokia teamed up with the Center for Knowledge Societies in 2006 to create The Mobile Development Report. and civil society to promote the spread of mobile technology and realize our vision of connected societies in which people can reach their full potential. extending from the local impact on individual livelihood to higher growth in gross domestic product. The ”Village Phone Business Kit” consists of a Nokia mobile phone. This means working closely with other private-sector companies. micro-commerce. and infotainment — that could be radically transformed through mobile technologies. Village phone project Nokia and Grameen Foundation. Uganda. together with local micro-finance institutions and telecom operators. finance. Bridgeit is implemented through a cooperative partnership between Nokia. education. This study has shown how rural income could further grow through the creation of appropriate technologies. multimedia materials to teachers and students. and the United Nations Development Program (UNDP). Bridgeit Bridgeit combines existing mobile products and satellite technologies to deliver digital. the public sector.18 A catalyst for change The socio-economic benefits of mobility are widespread. a recharging solution and customdesigned cables. healthcare. . a booster antenna. To further understand the implications of mobility at the ground level. the International Youth Foundation. Cameroon and the Philippines. governance. Since 2003 the program has been brought to more than 122 000 students at 200 schools. and identifies seven major service sectors — transport. the project was operational in rural villages in Rwanda. have set up this project to help women create small businesses and to bring affordable access to mobile communications in emerging markets. By early 2007. Pearson.

% See more details in the full CR report at www.8 2005 810 281 702 14 743 1 196 508 35 236 82 101 NA 2005 35 29 17 700 6. % Emissions of ODS. Gate5. % Non-Finnish nationalities in senior management. m3 Total waste.69 4. 50 weeks per year) 6. EUR Injury/illness rate within production 5 Women in senior management. 4.82 12.5 45.1 6. The reported ODS figures are due to ODS contained in cooling systems in facilities. and FourTec. Includes all external purchases 3.Sustainability summary All monetary figures are in EUR million unless otherwise noted.2 20 2005 58 673 50 839 25 437 3 127 252 103 1 850 1.2 9. 5. % Voluntary attrition. EH = Total hours worked by all employees during the calendar year. % Languages of the Code of Conduct Supply chain Total purchases of goods and services 2.1 52 138 3 776 1 446 11 542 8 270 13 874 2004 NA 15 2004 NA NA 2004 55 361 47 883 22 224 2 805 253 92 1 665 0. t Direct CO2. where. ODP (Ozone Depleting Potential) = emission in kg of CFC-11 equivalent. and reflect differently in Nokia’s Form 20-F.66 12 37. 200 000 = Hours theoretically worked by 100 full time employees (40 hours per week. t Solid waste recovery rate. Nokia uses no ODS in its products or production. Figures found here align with Nokia’s Form 20-F report. GWh Indirect CO2. EUR Payments to shareholders 1. Nokia’s supplier diversity program aims to increase the ratio of minority and womenowned supplier in our sourcing projects. % Environment Energy consumption. .5 4.8 64 463 3 825 1 281 9 910 9 938 13 308 2005 75 25 2005 24. Employee figures do not include companies OD2. EUR billion Market capitalization Research & development Total tax Liquid assets Total liabilities Retained earnings Ethics Employee Code of Conduct awareness. net Total employee training cost Average cost of training per employee.com/crreport 2006 41 121 5 488 1. USD million Employees Total number of employees 4 Total number of permanent employees Employees in production Total payroll & benefits Pension expenses.83 5. N = Number of occupational injuries and illnesses. Nokia Net sales Operating profit Earnings/share diluted. t Water consumption.8 2004 29 371 4 326 0.nokia.05 4.08 12 41 4. 7.8 8. EUR billion Supplier diversity 3. Many countries have multiple take-back locations. % Total attrition.5 1. kg of CFC-11 equivalent 6 Countries with Nokia take-back points 7 Society Countries with community involvement programs Countries with volunteer efforts Employee volunteer hours Total headcount volunteered. Includes dividends and share buy-backs 2.3 7 2004 770 189 640 14 445 1 281 500 27 072 84 139 NA 2004 20 23 16 800 6.9 61 390 3 897 1 357 8 537 10 557 11 123 2006 81 31 2006 29. IIR = (N/EH) x 200 000.8 2006 850 315 854 15 755 1 357 385 49 952 83 326 85 2006 37 35 25 000 11 2005 34 191 4 639 0.5 28 2006 68 041 62 851 33 031 3 457 310 125 1 908 0.

including reducing energy consumption.19 Engaging stakeholders Being a good corporate citizen means listening to stakeholders. Here are some examples of Nokia’s involvement with its stakeholders during 2006.000 hours in 35 countries. and giving consumers more environmental information about products. . mentoring. and collections for clothing. For further information on these risk factors and forward-looking statements. all available on Nokia’s internet pages at www. Nokia Helping Hands is our global volunteer program through which Nokia employees contribute their time and effort to various good causes in their communities. Joint activities include the internal web-based learning platform Connect to Protect. The partnership is aimed at developing environmental awareness among Nokia employees.nokia. eliminating the use of specific materials of concern. Nokia and Nokia Connecting People are registered trademarks of Nokia Corporation. and seminars covering relevant and topical environmental issues. please see Nokia’s Form 20-F for the year ended December 31.com. enhancing Nokia’s environmental performance. Nokia employees volunteered 25. improving the amount of phones collected through take-back schemes and recycling. 2006. Nokia was selected to run a pilot project to look at how the mobile phone industry can work with stakeholder groups to reduce the environmental impact of its products throughout their lifecycle. in our quarterly and annual earnings releases. blood donations. and toys. Nokia and the global conservation organization WWF extended their partnership for a second three-year period. responding to their concerns and expectations. Nokia Corporation. All rights reserved. Nokia Helping Hands Copyright © 2007. The group agreed to a series of new initiatives. and developing business accordingly. or our earnings releases. We identify these factors on an on-going basis and include them i. Activities included nature clean-ups.a. and supporting WWF’s nature conservation goals. management training workshops on business cases with an environmental focus. During 2006. Nokia and WWF — engagement and dialogue During 2006. raising funds for various good causes. Industry-wide cooperation Falling under the umbrella of the Integrated Product Policy (IPP) of the European Commission. school supplies. Forward-looking statements Many risk factors affect whether the forward-looking statements we make materialize according to our current expectations.