
Good morning.
If you are like me, you probably still think of Nokia as a cell phone company. But in fact, it has been nearly a decade since Nokia sold its phone business to Microsoft, which in turn sold the phone naming rights to HMD. The Finnish company has since turned to B2B telecommunications. And this week, it is launching an effort to remind the world of the change with a new brand image and a keynote address at the Mobile World Congress in Barcelona.
I spoke with CEO Pekka Lundmark shortly after his keynote and asked him why he was making ESG one of the pillars of his company’s refreshed strategy. (You can read Lundmark’s blog post on the new strategy here.) He responded by talking first about the company’s efforts to reduce network power consumption and to develop network software that optimizes power usage. Then he turned to geopolitics: