Nokia introduces Private Wireless Sustainability Calculator to help Enterprises reduce environmental footprint and improve worker safety
September 20 2024 - 8:00AM
Press ReleaseNokia introduces Private Wireless Sustainability
Calculator to help Enterprises reduce environmental footprint and
improve worker safety
- The Private Wireless Sustainability Calculator quantifies
private wireless networks-enabled industrial use cases’
environmental and social handprint, allowing businesses to identify
opportunities to achieve tangible sustainability gains through
digitalization enabled by private wireless.
- The calculator model has initially been developed for mining,
process manufacturing and port operator industries.
20 September 2024New York – Nokia today announced the launch of
a new sustainability calculator for private wireless networks for
enterprises. This tool helps companies estimate the environmental
and social benefits of using private wireless networks and the new
Industry 4.0 applications they enable. Notable benefits include
improved operations, reduced costs and carbon emissions, and fewer
workplace accidents.
Nokia commissioned PwC UK to support the development of a
Private Wireless Sustainability Calculator, based on Nokia’s
extensive experience in deploying private wireless networks for
more than 760 industrial customers worldwide. Nokia's tool,
initially created for mining, manufacturing and port industries,
aids businesses in leveraging private wireless to reach their
environmental and social objectives, catering to the growing demand
from investors for transparency.
Digitalization is key to accelerating industry sustainability
and enabling enterprises to achieve long-term growth. Private
wireless networks provide high-performance connectivity for
digitalization, enabling new applications such as drone
inspections, digital twins, and real-time environmental monitoring.
These applications, when combined with private networking and edge
computing, improve operational efficiency and contribute to
sustainability goals.
Industry 4.0 applications powered by private wireless networks
offer significant improvements for businesses.
- Reduced Greenhouse Gas Emissions: A GlobalData
and Nokia report found 79% of surveyed enterprises saw a 10% or
greater reduction in emissions after deploying private wireless
solutions like drones, Industrial Internet of Things (IIoT), and
digital twins.
- Improved Worker Safety: Medium-sized chemical
manufacturing plants utilizing private wireless networks can save
approximately EUR 1.4 million in societal costs (assuming
consistent production volumes) and witness an average 35% decrease,
on average, in health and safety incidents. Societal costs refer to
the economic and social burdens associated with accidents,
injuries, and illnesses, including healthcare expenses, lost
productivity, and the impact on families and communities. This is
due to factors like remote machine control, which reduces worker
exposure to hazardous environments.
- Improved Efficiency: Autonomous trucks powered
by private wireless networks results in a 7% reduction in fuel
consumption and wear and tear. Additionally, operations became 10%
more efficient, leading to reduced energy consumption and improved
worker safety.
The Nokia Private Wireless Sustainability Calculator draws on
PwC UK’s expertise in measuring and valuing impacts, and its Total
Impact Measurement and Management (TIMM) framework to develop the
environmental and social impact methodologies for private wireless
networks. TIMM is rooted in impact pathways, going one step further
than most other methodologies to translate the costs and benefits
to society in monetary terms.
The Nokia calculator uses data from multiple sources, including
previous quantifications in other projects and network models to
provide a comprehensive understanding of the private networks’
impact. From there, the model’s insights support users to identify
opportunities to enhance business operations, including improving
equipment lifecycles, reducing transportation downtime and fuel
consumption, and improved worker health considerations. Through
this process, the Nokia Private Wireless Sustainability Calculator
offers enterprises vital findings and insights to improve their
business – from improved operational efficiencies, worker health
and safety, potential reductions in costs and environmental
footprint.
Subho Mukherjee, Vice President of Sustainability at
Nokia, said: “Many physical industries are heavy emitters
of greenhouse gas and haven’t had the opportunity to reap the full
potential of digital technologies yet. To reach our climate goals,
we need to speed up their digital transformation through the power
of networking, AI and cloud. Nokia is helping industries go digital
to become smarter, more automated, sustainable, and efficient. Our
new Private Wireless Sustainability Calculator is the first of its
kind, showing our private wireless networks can help businesses be
more environmentally friendly. It’s a strong step towards
quantifying what Nokia believes in, that there is no green without
digital.”
Mukherjee said the new Nokia tool underscores the company’s
commitment to addressing climate change and resource efficiency in
its value chain. Nokia has committed to reaching net zero
greenhouse gas emissions by 2040, accelerating its previous target
by 10 years. This places Nokia ahead of the Paris Agreement goal to
reach net zero by 2050. This initiative is part of Nokia’s broader
strategy to integrate sustainability benefits into its solutions
for industries and develop Environmental, Social, and Governance
(ESG) as a competitive advantage.
Tom Beagent, Sustainability Partner at PwC UK,
said: “Technology has a huge role to play in tackling
social and environmental challenges. It is great to see Nokia using
its expertise to support its customers to see the potential of
private wireless in tackling issues such as health and safety and
carbon emissions. Monetizing impacts with frameworks like TIMM
really help decision makers to understand the social and
environmental return on investment and the role technology can play
in delivering on their sustainability goals.”
Resources and additional informationWebsite:
Nokia Private Wireless Sustainability CalculatorWebsite:
Digitalization and Sustainability micrositeWebsite: Nokia at New
York Climate WeekWebsite: Nokia SustainabilityWebsite: Nokia All
about zeroBio: Subho Mukherjee
Mukherjee is available to talk about the Nokia Private Wireless
Sustainability Calculator during Climate Week NYC 2024 and the
United Nations General Assembly on Sept. 23-26 in New York City.
Contact: kevin.petschow@nokia.com to secure a time and day to meet
Subho.
Estimate your environmental and social footprint using the
shortened calculator in this Press Release. Develop an in-depth
individualized evaluation with our experts using the full
calculation model visiting here
About NokiaAt Nokia, we create technology that
helps the world act together.
As a B2B technology innovation leader, we are pioneering
networks that sense, think and act by leveraging our work across
mobile, fixed and cloud networks. In addition, we create value with
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