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Sustainable development

Thanks to its various technologies and specialised services, Wärtsilä is well positioned to reduce exhaust emissions and the use of natural resources, and to support its customers in preparing for new regulatory requirements. Wärtsilä’s R&D efforts continue to focus on the development of advanced environmental technologies and solutions. The company is committed to supporting the UN Global Compact and its principles with respect to human rights, labour, the environment and anti-corruption.

Personnel health and safety is a priority for Wärtsilä. During the first quarter, Wärtsilä arranged its third global Safety Day under the theme ‘Stop and Care’, addressing the importance of intervening when unsafe acts are seen. Wärtsilä also launched a Zero Mindset training programme, with the aim of strengthening safety leadership within the company. During the year, Wärtsilä moved steadily closer to its on-going target of zero lost-time injuries. The lost-time injury frequency was 2.48 (2.59), which represents a decrease of 4% compared to the previous year.

In June, Wärtsilä and a group of environmentally conscious maritime industry players signed up to a new Global Industry Alliance (GIA) to support transitioning shipping and its related industries towards a low carbon future. Together, the thirteen GIA partners will collectively identify and develop innovative solutions to address common barriers to the uptake and implementation of energy efficiency technologies and operational measures.

The International Convention for the Control and Management of ships’ ballast water and sediments entered into force on 8 September 2017. In July, the International Maritime Organisation's MEPC Committee approved a revised implementation schedule for the installation of ballast water management systems based on an evaluation of the vessels' International Oil Pollution Prevention Certificate (IOPP) renewal, whereby in certain cases, the deadline is postponed by up to two years. Wärtsilä is well placed to support its customers as they prepare to meet these regulatory requirements.

Wärtsilä’s share is included in several sustainability indices. During the second quarter, Wärtsilä was informed that it would continue to be included in the Euronext Vigeo index Eurozone 120 (the 120 most advanced companies in the Eurozone region) and, during the third quarter, that it had been selected as an index component of the Dow Jones Sustainability Indices (DJSI) for the second consecutive year.

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