With a score of 90.80, Nokia was also one of only two Nordic enterprises in the top 10 this year, alongside Swedish real estate company Castellum (#8), according to the ranking released yesterday. No Nordic company made the global top 10 in the 2025 edition. The annual ranking evaluates firms based on sustainability-related criteria, including environmental impact, transparency, and accountability.
The top spot went to French energy management and automation company Schneider Electric, followed by Japanese consulting and IT services firm Nomura Research Institute and Italian luxury fashion brand Moncler.
Nineteen Finnish companies appeared on the list of 750 companies. After Nokia, telecommunications operator Elisa ranked 61st with a score of 84.87. Tire manufacturer Nokian Tyres placed 100th, followed by retail and wholesale group Kesko at 103rd and forestry and renewable materials company UPM-Kymmene at 107th. Software and IT services provider Tieto ranked 182nd, while industrial technology supplier Metso and crane manufacturer Konecranes placed 285th and 306th, respectively.
The ranking was published amid a challenging year for corporate sustainability initiatives. In its accompanying report, TIME noted that companies are operating against a backdrop of geopolitical tensions, energy security concerns, evolving sustainability standards, and changing regulatory frameworks. Despite these pressures, TIME cited continued corporate focus on long-term climate and sustainability commitments.
Highest-ranked Finnish companies in TIME's World Most Sustainable Companies 2026
Nokia (#4)
Elisa (#61)
Nokian Tyres (#100)
Kesko (#103)
UPM-Kymmene (#107)
Tieto (#182)
Metso (#285)
Konecranes (#306)
