Business

Nokia ranks first in Finland, fourth globally in TIME sustainability ranking

Jun 24, 2026

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Credit: Nokia

Nokia was the highest-ranked Finnish company in TIME and Statista's World's Most Sustainable Companies 2026 ranking, placing fourth globally, up from 37th last year.

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.

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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)

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Authors

Emmi Laine

Journalist

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.