Summary by Moomoo AI
Nokia Corporation has filed its Specialized Disclosure Report (Form SD) with the United States Securities and Exchange Commission, detailing its due diligence efforts and findings regarding the use of Conflict Minerals in its products. The report covers the period from January 1 to December 31, 2023, and outlines Nokia's commitment to responsible mineral sourcing. The company has conducted a reasonable country of origin inquiry to determine whether the Conflict Minerals used in its products originated from the Democratic Republic of the Congo or adjoining countries, or from recycled or scrap sources. Nokia's products were found to contain Conflict Minerals necessary for production or functionality, sourced from various countries around the world. The company is a downstream entity in the supply chain and relies on direct supplier surveys and multi-industry initiatives to validate mineral processing facilities as conflict-free. Nokia's Conflict Minerals Report, which provides a more detailed account of the due diligence process, is available on its website and is also attached as Exhibit 1.01 to the Form SD filing.