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Corporate Social Responsibility
News
7.11.2001 ET
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Nokia named in new ethical index
FTSE4Good index for socially responsible investors lists Nokia among top 10 European constituents
(CSRwire) Nokia has been named among the top 10 European constituents of the new
FTSE4Good index series, which benchmarks the performance of socially
responsible companies in European, US and Global markets.
In addition to financial performance, socially responsible
investment (SRI) is an investment strategy that takes into account a
company's ethical, social and environmental performance. Nokia welcomes
the new index and sees its own inclusion in the top ten companies as the
result of the company's long-standing ethical commitment and strong value
base.
Constituents of the FTSE4Good series are determined by assessing a
company's achievements in the areas of:
- working towards environmental sustainability
- developing positive relationships with stakeholders
- upholding and supporting universal human rights
Nokia views the creation of the index series as further evidence that,
increasingly, fund managers and individuals are looking to invest in
socially responsible companies. The criteria for the new index are closely
aligned with Nokia values, stakeholder expectations and the way the company
has been doing business for a very long time.
Editors' Note
Nokia is already a component of the Dow Jones Sustainability Group Indexes
(DJSGI), the world's first index family tracking the performance of the
leading sustainability-driven companies worldwide
About Nokia
Nokia is the world leader in mobile communications. Backed by its
experience, innovation, user-friendliness and secure solutions, the
company has become the leading supplier of mobile phones and a leading
supplier of mobile, fixed and IP networks. By adding mobility to the
Internet Nokia creates new opportunities for companies and further
enriches the daily lives of people. Nokia is a broadly held company with
listings on six major exchanges.
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