Heena Sharma Blog

Nokia on Wednesday postponed its annual shareholders meeting which was scheduled for April 8 and set to approve the appointment of Sari Baldauf as chairman of the Finnish telecom equipment maker. Nokia said in December it planned to appoint its former networks chief, Baldauf, 64, as chairman, to lead Nokia's fight against rivals in 5G Huawei and Ericsson. Baldauf's appointment requires the approval of shareholders, but this week Finland started to close its borders and banned larger public gatherings as it tries to slow the spread of coronavirus. Nokia said it would convene the annual general meeting as soon as it is practical to do so and called for measures to allow fully virtual general meetings. Nokia was not available for immediate comment. Read More

Shoppers will soon be able to work out the true carbon footprint of their purchases thanks to an app from one of the most digitally savvy nations in the world. Unlike other carbon-footprint calculators already on the market, the application developed by Enfuce Financial Services Oy, a Finnish payment services provider, does not rely on users inputting the data manually. Instead, it combines data from credit cards and banks with purchase data from retailers to provide real-time calculations of how a given product affects the climate. With an estimated 70% of carbon emissions globally attributed to end users, Enfuce chairman and co-founder Monika Liikamaa says the app will help people adapt their lifestyles and make them compatible with the goal of keeping global warming within 1.5 degrees Celsius. “ There’s a huge change that needs to occur,” Liikamaa said. The average Finn needs to reduce emissions from about 10.4 tons of CO2 a year to about 2 tons, according to lifestyl...