Telecommunications and networking technology company Nokia announced that it has signed a new €1.5 billion multicurrency revolving credit facility, with pricing on the new debt tied to its performance towards its Scope 1, 2 and 3 greenhouse gas emissions goals.
The new credit facility marks the latest in a series of sustainability-linked financing instruments for Nokia, including a credit facility linked to the company’s sustainability targets in 2019, and its first sustainability-linked guarantee facility in 2022.
In 2024, Nokia announced a commitment to achieve net zero greenhouse gas (GHG) emissions in …
