NOKIA. Nokia Finland Est Revenue 12.7 B$ Value creation model Reduce Design Refurbishing Recycling
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1 NOKIA Nokia Finland Est Revenue 12.7 B$ Sector Electronics and Electrotechnical Industry Value creation model Reduce Design Refurbishing Recycling Contact person: Pia Tanskanen, Head of Environmental Management, Nokia Tel.: +358 (0) Main products Telecom network infrastructure
2 The Company Nokia is a global leader in the technologies that connect people and things. Powered by the pioneering work of Bell Labs and Nokia Technologies, the company is at the forefront of creating and licensing the technologies that are increasingly at the heart of our connected lives. Nokia combines global leadership in mobile and fixed network infrastructure, with the software, services, and advanced technologies to transform how smart devices and sensors tap the power of connectivity. With state-of-the-art software, hardware and services for any type of network, Nokia is uniquely positioned to help communication service providers, governments, and large enterprises deliver on the promise of 5G, the Cloud and the Internet of Things. 2
3 Nokia Asset Recovery Service offers resource-efficient network modernization Nokia Global Asset Recovery and Remarketing services are a costeffective answer to the challenges of resource-efficient operations and network modernization. Nokia takes on the responsibility of refurbishing, reusing, selling or recycling operator s equipment during network upgrades or expansions, helping the operator to meet international environmental standards while optimizing their CAPEX and OPEX. 3
4 The Challenge / Opportunity: Maximizing the value of aging equipment As networks have become more complex, the pressure to reduce capital investements and operational costs at all points in the hardware ownership lifecycle has grown. Maximizing the the value of aging or obsolete equipment in an environmentally responsible way is increasingly important. But many network operators don t have the skills or resources to do the necessary work themselves. That s where Nokia comes in. With their Asset Recovery service, Nokia takes on the responsibility of retrieving the maximum value from the customer s old equipment. Nokia refurbishes the equipment if appropriate, or they sell or recycle it responsibly if the equipment has reached the end of its life. 4
5 Business benefits of Asset Recovery Cost savings and Increased return on investment in legacy infrastructure Cash generation from the sale of old equipment, offsetting the cost of new equipment and reduced warehousing requirements for obsolete inventory Access to emergency and stop-gap products and spares which are not available on the prime market Warranty provided on refurbished equipment Cost-effective disposal of all electronic waste to internationally recognized standards of safety and environmental protection 5
6 Globally credible environmental partner Nokia is a leading global hardware service provider with solid multivendor expertise. They are experienced in Asset Recovery Services, having a strong partner ecosystem with a global footprint. Nokia is a credible and recognized environmental partner, with a company-wide environmental management system based on the ISO standard. Nokia is a Member of the Global e-sustainability Initiavite (GeSI). 6
7 1,713 tons of e-waste recycled in 2014 Operators around the world are deploying Nokia Asset Recovery services. Nokia s aim is to recover the material and energy content of obsolete products to ensure safe treatment of obsolete products in responsible and sustainable manner. A small number of reputable recycling contractors treat everything from components to entire products, recycling materials where possible and disposing of hazardous waste responsibly. In 2014, Nokia had around 320 asset recovery cases, thereby sending a total of kg of old telecom equipment for materials recovery and refurbishing units. Source: Nokia People and Planet report
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