Sustainability Performance Management

Wärtsilä's Board of Management has the overall responsibility for sustainability performance. The Board of Management approves the guiding principles and reviews the content on a regular basis. The Board of Management defines sustainability targets and monitors performance against these set targets. Performance is reviewed in connection to the management reviews on both Wärtsilä's Board of Management and Business Management Team levels.

Wärtsilä's sustainability function is responsible for providing the necessary information to management, identifying development needs as well as for coordinating sustainability programmes and preparing instructions. The function co-operates closely with the Businesses and the supporting functions such as Human Resources, Legal, Compliance, Quality, Wärtsilä Supply Management and Real Estate. It also collects and consolidates sustainability data from the subsidiaries.

Wärtsilä has clearly defined responsibilities supported by necessary instructions and training. This training covers for example the Code of Conduct, anti-corruption as well as environmental and occupational health and safety issues. Wärtsilä monitors sustainability performance by utilising the information provided by various sustainability tools and activities such as internal audits and compliance processes.

Voluntary commitments

Wärtsilä - UN Global Compact.jpg

Wärtsilä participates in the Sustainable Shipping Initiative and the UN Global Compact initiative. Wärtsilä has also signed an agreement in 2008, whereby the Finnish industry voluntarily endeavours to use energy more efficiently. Wärtsilä North America Inc. has joined the Customs Trade Partnership Against Terrorism (C-TPAT) agreement signed in 2003.

Wärtsilä tools for Sustainability
Basic principles Systems and processes Others
Vision, Mission and Strategy Quality Management System Sustainability target setting
Corporate Governance Environmental Management System Sustainability management reviews
Corporate policies and principles: Code of Conduct, QEHS policy, Policy on Equal Opportunities and Fair Employment Practices, Anti-Corruption Policy, Compliance Reporting Policy etc. Occupational Health and Safety Management System Business development tools: Due diligence, Environmental surveys
Corporate Manual Supplier Management System Stakeholder dialogue
Corporate requirements for suppliers Risk management process Sustainability reporting


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