Nokia Siemens Networks, which has released its Sustainability Report 2010, said that there would be no sustainability without transparency in business approach.
The report presents the most detailed look yet at its environmental and social performance and impact.
“The company has become more transparent on issues critical to its own and its customers’ success. Before pulling together the Sustainability Report 2010, Nokia Siemens Networks undertook detailed analysis of the sustainability requirements and targets considered most important by its customers and other key stakeholders. The company used this information to increase data disclosure and transparency in these key areas, which included environmental performance, health and safety, and supply chain related information,” the Company in a statement said.
“Our commitment to sustainability and ethical business is a key differentiator in a tough competitive environment,” said Rajeev Suri, chief executive officer, Nokia Siemens Networks.
“This report reflects our belief that there can be no sustainability without transparency and open dialogue. Transparency means an honest measurement of performance, and the courage to be open about both successes and areas of improvement. It means being active in the global dialogue, including engaging on topics that can be contentious.”
The report includes over 80 measurable indicators and over 60 targets, evaluating the company’s performance in eight key areas of corporate responsibility, including connectivity and development; environmental impact of products and services; environmental impact of operations; ethics and human rights; suppliers; health, safety and labor conditions; employees; and community.