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General Disclosures

GRI 102: General Disclosures 2016
GRI Standard / Disclosure Links Remarks UNGC
Organizational profile      
102-1 Name of the Organization Wärtsilä in brief   icon-gri-black-dot.png
102-2 Activities, brands, products, and services Wärtsilä in brief
Energy solutions
Marine Solutions
Services
  icon-gri-black-dot.png
102-3 Location of headquarters Shares and shareholders Helsinki, Finland icon-gri-black-dot.png
102-4 Location of operations Wärtsilä in brief www.wartsila.com icon-gri-black-dot.png
102-5 Ownership and legal form Shares and shareholders   icon-gri-black-dot.png
102-6 Markets served Wärtsilä in brief   icon-gri-black-dot.png
102-7 Scale of the organization Wärtsilä in brief
Shareholders
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102-8 Information on employees and other workers Social   icon-gri-black-dot.png
102-9 Supply chain Supply chain management   icon-gri-black-dot.png
102-10 Significant changes to the organization and its supply chain Social   icon-gri-black-dot.png
102-11 Precautionary Principle or approach Product design principles
Risks and risk management
Research and development
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102-12 External initiatives Stakeholder relations    
102-13 Membership of associations Stakeholder relations    
Strategy      
102-14 Statement from senior decision-maker CEO review   icon-gri-black-dot.png
102-15 Key impacts, risks, and opportunities Risks and risk management
Corporate strategy
Energy Solutions and sustainability
Marine Solutions and sustainability
Services and sustainability
Innovating for sustainability
See also business strategy sections icon-gri-black-dot.png
Ethics and integrity      
102-16 Values, principles, standards, and norms of behavior Corporate strategy
Guiding principles
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102-17 Mechanisms for advice and concerns about ethics Guiding principles
Compliance
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Governance      
102-18 Governance structure Corporate governance
Board of Directors
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102-19 Delegating authority Corporate governance
Board of Directors
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102-20 Executive-level responsibility for economic, environmental, and social topics Board of Management   icon-gri-black-dot.png
102-21 Consulting stakeholders on economic, environmental, and social topics Annual general meeting
Internal control
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102-22 Composition of the highest governance body and its committees Board of Directors   icon-gri-black-dot.png
102-23 Chair of the highest governance body Board of Directors   icon-gri-black-dot.png
102-24 Nominating and selecting the highest governance body Annual general meeting
Board of Directors
The nomination committee proposes new board members. The committee consults major shareholders, and in their proposals they take into account the specific needs of the Board, including sustainability competencies and diversity. icon-gri-black-dot.png
102-25 Conflicts of interest Board of Directors
Insider management
Shareholders
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102-26 Role of highest governance body in setting purpose, values, and strategy Board of Directors
Internal control
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102-27 Collective knowledge of highest governance body Internal control
Boad of Management
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102-28 Evaluating the highest governance body’s performance Board of Directors The evaluation is of general nature, but also includes sustainability issues if such concerns arise. The evaluation partly affects the membership changes within the Board. icon-gri-black-dot.png
102-29 Identifying and managing economic, environmental, and social impacts Board of Directors
Risks and risk management
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102-30 Effectiveness of risk management processes Board of Directors   icon-gri-black-dot.png
102-31 Review of economic, environmental, and social topics Board of Directors
Board committees
Internal control
9 meetings in 2017 icon-gri-black-dot.png
102-32 Highest governance body’s role in sustainability reporting Report profile   icon-gri-black-dot.png
102-33 Communicating critical concerns Internal control   icon-gri-black-dot.png
102-34 Nature and total number of critical concerns   This information is not publicly disclosed icon-gri-black-dot.png
102-35 Remuneration policies Salary and remuneration report 2017   icon-gri-black-dot.png
102-36 Process for determining remuneration Board committees
Employee practices
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102-37 Stakeholders’ involvement in remuneration Salary and remuneration report 2017   icon-gri-black-dot.png
102-38 Annual total compensation ratio   This information is not publicly disclosed icon-gri-black-dot.png
102-39 Percentage increase in annual total compensation ratio   This information is not publicly disclosed icon-gri-black-dot.png
Stakeholder engagement      
102-40 List of stakeholder groups Stakeholder relations   icon-gri-black-dot.png
102-41 Collective bargaining agreements   58% of Wärtsilä employees were covered by collective bargaining agreements in 2017 icon-gri-black-dot.png
102-42 Identifying and selecting stakeholders Stakeholder relations   icon-gri-black-dot.png
102-43 Approach to stakeholder engagement Stakeholder relations
Customer satisfaction
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102-44 Key topics and concerns raised Stakeholder relations   icon-gri-black-dot.png
Reporting practice      
102-45 Entities included in the consolidated financial statements Materiality assessment    
102-46 Defining report content and topic Boundaries Materiality assessment    
102-47 List of material topics Materiality assessment    
102-48 Restatements of information Materiality assessment    
102-49 Changes in reporting Materiality assessment    
102-50 Reporting period Report profile   icon-gri-black-dot.png
102-51 Date of most recent report Report profile   icon-gri-black-dot.png
102-52 Reporting cycle Report profile   icon-gri-black-dot.png
102-53 Contact point for questions regarding the report Report profile   icon-gri-black-dot.png
102-54 Claims of reporting in accordance with the GRI Standards Materiality assessment   icon-gri-black-dot.png
102-56 External assurance Independent assurance report   icon-gri-black-dot.png
       
GRI 103: Management Approach 2016
       
GRI Standard / Disclosure Links Remarks UNGC
103-1 Explanation of the material topic and its Boundary Materiality assessment   icon-gri-black-dot.png
103-2 The management approach and its components Sustainability at Wärtsilä
Sustainability management
Disclosure on management approach for all material topics are covered in the Sustainability management-section. Please see www.wartsila.com icon-gri-black-dot.png
103-3 Evaluation of the management approach Sustainability management
Sustainability targets
Sustainability data
Risks and risk management
  icon-gri-black-dot.png

 

Topic-specific standards

GRI 200 Economic Standard Series
GRI Standard / Disclosure Links Omissions UNGC Material topic disclosures
GRI 201: Economic Performance 2016
201-1 Direct economic value generated and distributed Economic performance     icon-gri-black-dot.png
201-2 Financial implications and other risks and opportunities due to climate change Economic performance  The costs of actions taken to manage the risks or opportunities is not applicable, as it is not possible to calculate specifically   icon-gri-black-dot.png
201-3 Defined benefit plan obligations and other retirement plans Economic performance  Details in points a – e will be studied and analysed in 2018   icon-gri-black-dot.png
201-4 Financial assistance received from government Economic performance  Divisions by country will be studied and analysed in 2018   icon-gri-black-dot.png
GRI 202: Market Presence 2016
202-1 Ratios of standard entry level wage by gender compared to local minimum wage Market presence Only reported the Management Approach disclosure icon-gri-black-dot.png  
202-2 Proportion of senior management hired from the local community Market presence   icon-gri-black-dot.png  
GRI 205: Anti-corruption 2016
205-1 Operations assessed for risks related to corruption Risks and risk management Coverage of risk management processes is 100% of our operations    
205-2 Communication and training about anti-corruption policies and procedures Responsible business conduct Employees’ classification by employee category and region, as well as by business partners, will be studied and analysed in 2018.    
 205-3 Confirmed incidents of corruption and actions taken Compliance      
GRI 206: Anti-competitive behaviour 2016
206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practices Compliance      
 
       
GRI 300 Environmental Standard Series
GRI Standard / Disclosure Links Omissions UNGC Material topic disclosures
GRI 303: Materials 2016
301-1 Materials used by weight or volume Materials   icon-gri-black-dot.png  
301-2 Recycled input materials used Materials The recycled material input of metals varies between 20% and 95%, depending on the type of furnace and foundry used by the metal recycling companies in the supply chain, of which there are too many to state an exact percentage. icon-gri-black-dot.png  
GRI 301: Energy 2016
302-1 Energy consumption within the organization Energy   icon-gri-black-dot.png  
302-3 Energy intensity Energy   icon-gri-black-dot.png  
302-4 Reduction of energy consumption Energy   icon-gri-black-dot.png  
GRI 303: Water 2016
303-1 Water withdrawal by source Water   icon-gri-black-dot.png    
303-2 Water sources significantly affected by withdrawal of water   Water      
303-3 Water recycled and reused  Water      
GRI 305: Emissions 2016
305-1 Direct (Scope 1) GHG emissions Emissions   icon-gri-black-dot.png icon-gri-black-dot.png
305-2 Energy indirect (Scope 2) GHG emissions Emissions  No data available for market-based scope 2 emissions, will be reported in 2018 icon-gri-black-dot.png icon-gri-black-dot.png
305-3 Other indirect (Scope 3) GHG emissions Emissions   icon-gri-black-dot.png icon-gri-black-dot.png
305-4 GHG emissions intensity Emissions   icon-gri-black-dot.png icon-gri-black-dot.png
305-5 Reduction of GHG emissions Emissions  It is not possible to state the exact amount of GHG emission reductions achieved from the reduced travelling, because such a figure would be purely hypothetical. icon-gri-black-dot.png icon-gri-black-dot.png
305-6 Emissions of ozone-depleting substances (ODS) Emissions  Not applicable, Wärtsilä does not produce, import or export ODS. icon-gri-black-dot.png icon-gri-black-dot.png
305-7 Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions Emissions   icon-gri-black-dot.png icon-gri-black-dot.png
GRI 306: Effluents and Waste 2016
306-1 Water discharge by quality and destination Effluents and waste   icon-gri-black-dot.png  
306-2 Waste by type and disposal method Effluents and waste   icon-gri-black-dot.png  
306-3 Significant spills Effluents and waste   icon-gri-black-dot.png  
GRI 307: Environmental Compliance 2016     icon-gri-black-dot.png  
307-1 Non-compliance with environmental laws and regulations Compliance   icon-gri-black-dot.png icon-gri-black-dot.png
       
GRI 400 Social Standard Series
GRI Standard / Disclosure Links Omission UNGC Material topic disclosures
GRI 401: Employment 2016
401-1 New employee hires and employee turnover Employment   icon-gri-black-dot.png  
401-2 Benefits provided to full-time employees that are not provided to temporary or part-time employees Employment      
GRI 402: Labor/Management Relations 2016
402-1 Minimum notice periods regarding operational changes Labour/Management Relations   icon-gri-black-dot.png  
GRI 403: Occupational Health and Safety 2016
403-1 Workers representation in formal joint management–worker health and safety committees Occupational health and safety Not possible to state the operating level due to local variations. icon-gri-black-dot.png icon-gri-black-dot.png
403-2 Types of injury and rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities Occupational health and safety Injury rate (non-lost time), occupational disease rate, classifications by region and gender not reported. For contractors only fatalities reported. These will be studied and analysed in 2018. icon-gri-black-dot.png icon-gri-black-dot.png
403-3 Workers with high incidence or high risk of diseases related to their occupation Occupational health and safety   icon-gri-black-dot.png icon-gri-black-dot.png
403-4 Health and safety topics covered in formal agreements with trade unions Responsible business conduct In some cases local collective bargaining agreements also cover OHS issues. Detailed listing of the topics not applicable, as it is not considered meaningful information. icon-gri-black-dot.png icon-gri-black-dot.png
GRI 404: Training and Education 2016
404-1 Average hours of training per year per employee Training and education   icon-gri-black-dot.png icon-gri-black-dot.png
404-2 Programs for upgrading employee skills and transition assistance programs Training and education Various types of training can be offered in restructuring situations, however specific actions are defined case by case.   icon-gri-black-dot.png
404-3 Percentage of employees receiving regular performance and career development reviews Training and education Employees’ classification by gender and employee category will be studied and analysed in 2018. icon-gri-black-dot.png icon-gri-black-dot.png
GRI 405: Diversity and Equal Opportunities 2016
405-1 Diversity of governance bodies and employees Employment
Diversity and equal opportunity
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GRI 406: Non-discrimination 2016     icon-gri-black-dot.png  
406-1 Incidents of discrimination and corrective actions taken Compliance   icon-gri-black-dot.png  
GRI 415: Public Policy 2016      icon-gri-black-dot.png  
 415-1 Political contributions Compliance    icon-gri-black-dot.png  
GRI 416: Customer Health and Safety 2016
416-2 Incidents of non-compliance concerning the health and safety impacts of products and services Compliance      
GRI 417: Marketing and Labeling 2016
417-2 Incidents of non-compliance concerning product and service information and labeling Compliance        
417-3 Incidents of non-compliance concerning marketing communications Compliance      
GRI 418: Customer Privacy 2016
418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data Compliance        
GRI 419: Socioeconomic Compliance 2016
419-1 Non-compliance with laws and regulations in the social and economic area Compliance        

 

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