Nokia has taken a significant step forward in its sustainability journey by securing a €1.5 billion five-year multi-currency revolving credit facility (RCF) that ties the cost of borrowing to the company's environmental performance. This innovative financial instrument underscores Nokia's commitment to reducing its carbon footprint, with the margin of the RCF adjusting based on the company's progress toward cutting greenhouse gas (GHG) emissions across its operations and value chain.

The new RCF, which replaces a previous €1.412 billion facility from 2019, includes two one-year extension options and links the pricing mechanism to two key sustainability targets: the reduction of absolute Scope 1 and 2 GHG emissions, and the reduction of absolute Scope 3 GHG emissions. These targets will be assessed annually, with any adjustments to the RCF margin impacting the following year, thereby incentivizing Nokia to meet its environmental objectives.

Marco Wirén, Nokia's Chief Financial Officer, expressed enthusiasm for the strong backing from banking partners in this refinancing transaction, highlighting the alignment of Nokia's financing strategy with its sustainability priorities. Subho Mukherjee, Vice President of Sustainability at Nokia, further emphasized the company's dedication to its climate transition plan, which aims to foster efficiency and innovation throughout its value chain.

Nokia's ambitious net-zero target by 2040, validated by the Science Based Targets initiative (SBTi), is a testament to the company's long-term commitment to environmental stewardship. The detailed operational approach to reducing GHG emissions, as outlined in Nokia's Net-Zero climate transition plan, reflects a comprehensive strategy to decarbonize its operations and supply chain. This latest financial move not only reinforces Nokia's sustainability agenda but also sets a precedent for how corporations can integrate environmental goals into their financial strategies.

Norwegian aviation authorities faced significant disruptions as unidentified drones were spotted near multiple airports across the country, forcing flight diversions and temporary closures. At Brønnøysund Airport, police received the first report of a drone at 20:17 on September 30, with air traffic control personnel visually observing the unmanned aircraft flying dangerously close to the runway around 21:50. The incident prompted immediate police response and ultimately led to the airport's overnight closure.

The drone activity extended beyond Brønnøysund to affect Bardufoss Airport in northern Norway, where Norwegian Airlines flight DY338 was compelled to abort its journey from Oslo and return to the capital after an unknown drone was detected in the vicinity. The incident occurred at approximately 23:30 local time, marking an expansion of the drone crisis from major international hubs to regional airports serving Norway's remote northern communities.

Police efforts to locate the operators behind these drone incursions proved unsuccessful despite extensive searches. Morten Sorensen from the Nordland Police District confirmed that while authorities observed drones in the air, they were unable to locate any pilots associated with the aircraft. The coordinated nature of these incidents was evident as a Widerøe flight also had to divert to Trondheim after a drone was observed within the prohibited zone of Brønnøysund Airport.

Despite the disruptions, airport operations resumed normally by morning, with Avinor spokesperson Karoline Persen confirming that the last scheduled flight managed to land as planned before the overnight closures. The repeated nature of these incidents—with similar drone sightings reported at the same airport just days earlier—has raised concerns about aviation security in Norway's northern regions, where Bardufoss Airport serves both civilian and military operations in a strategically important location.