Nokia Siemens Networks, the first telecommunications network provider to join the WWF Climate Savers program, announced that it is on track to achieving its targets for reducing carbon dioxide emissions.

The company presented its achievements at the Climate Savers Summit, organized by the global conservation organization WWF in Washington DC from March 25 to 27, 2009.

Climate Savers is a business initiative organized by WWF to mobilize companies to cut carbon dioxide (CO2) emissions. The twenty one cutting-edge partnerships with these businesses provide attractive solutions to climate change, as targets agreed with WWF must be demonstrably more ambitious than previously planned or communicated by the company, placing the companies at the forefront of emission reductions in their particular sectors.

At the Summit, Nokia Siemens Networks and other WWF Climate Savers program members shared progress and innovations in their efforts to reduce carbon dioxide emissions. WWF and Nokia Siemens Networks have jointly developed a climate action plan that includes measurable emission reduction targets and steps to meet its goals. The agreement involves negotiations between the WWF, Nokia Siemens Networks and independent technical experts who monitor and verify compliance with the agreement.

“I am delighted to say that Nokia Siemens Networks has progressed as planned with its Climate Savers commitments,” said Juha-Erkki Mäntyniemi, Head of Environmental Affairs, Nokia Siemens Networks. “17 percent of our company’s energy requirements were drawn from renewable sources in 2008 and we are on course to increase this to 25 percent by the end of 2009. In addition, we recently launched the most energy efficient base station, the Flexi Multiradio, which in certain operation modes can help operators reduce energy consumption in their networks by up to 40 percent. The Flexi Multiradio Base Station consumes only 790W of power while simultaneously running GSM/EDGE and WCDMA/HSPA.”

Nokia Siemens Networks aim to improve the energy efficiency of their GSM/EDGE and WCDMA/HSPA base station products by up to 40 percent by 2012, decrease the energy consumption of its buildings by 6 percent by 2012, and increase the use of renewable energy in company operations to 50 percent by the end of 2010.

The baseline for each of these commitments is 2007, and on completion, Nokia Siemens Networks’ initiatives will decrease the company’s CO2 footprint by approximately 2 million tons annually, compared to 2007.

Nokia Siemens Networks has been a WWF partner since January 2008.