UN Sustainable Development Goals and Wärtsilä
The Sustainable Development Goals (SDGs) set by the United Nations (UN) entered into force in 2016. The 17 goals and 169 targets, which are part of a wider 2030 Agenda for Sustainable Development, are intended to address a range of issues from gender inequality to climate change, with the overall goal of ending global poverty. The SDGs are applied to all countries and actors, including governments, businesses, and civil society. The role of the private sector is seen as being vital to the delivery of innovative changes that can have significant influence.
Sustainability forms the core of Wärtsilä’s business operations, products and solutions. Several of the SDGs deal with issues to which Wärtsilä contributes in a positive way. We continue to develop such means that make a difference to our customers and partners - and to the communities in which we operate.
Respect for people
Wärtsilä’s efforts to promote people’s health, safety, and well-being covers employees, suppliers, customers and local communities. Our high standards in environmental, health and safety (EHS) matters are aimed at zero injuries among employees and contractors, and our products and solutions are designed to be reliable and safe to use. Wärtsilä offers solutions with zero or very low levels of emissions, and which comply to even the strictest local emission regulations, thus contributing positively to air quality while minimising the impact on people's health. We are also committed to continuous improvement in our environmental and social performance to avoid causing harm to the communities close to our operations.
Wärtsilä supports the work-related rights defined by the International Labour Organization, and upholds the freedom of association and the right to collective bargaining. We promote gender equality and are committed to including women in all aspects of our business. Wärtsilä’s Diversity Initiative has been in place since 2012, fostering an inclusive corporate culture at all levels.
Wärtsilä contributes to sustainable economic growth by promoting global corporate citizenship, an inclusive corporate culture, and local employment. Continuous learning and self-development are encouraged by offering a wide range of competence development options at all levels of the organisation.
Towards a 100% renewable future
Wärtsilä plays an important role in helping to meet the world’s increasing demand for sustainable energy. Our flexible energy solutions enable the transition towards a 100% renewable energy future. Wärtsilä’s Smart Power Generation engine power plants provide energy efficiency as well as fuel and operational flexibility, thus enabling the effective integration of wind and solar power into the grid. In addition, our strong capabilities in offering energy storage, utility-scale solar PV power plants and hybrid solutions, including the most advanced software for energy management, enable the share of renewables into the energy mix to be maximised. This provides sustainable, reliable, and affordable power, particularly in countries and regions with isolated or weak electricity grids. Wärtsilä’s offering also includes Dry Flexicycle power plants, which can reduce water consumption almost entirely, making it possible to place power plants in water-stressed areas.
We engage actively in an open dialogue with various stakeholders to provide expertise and support for enhancing clean energy technology and research on a global scale.
Enhancing a Smart and Low-Carbon Marine Ecosystem
Wärtsilä aims to connect smart vessels with smart ports to lead the shipping industry towards a Smart Marine Ecosystem with greater efficiency, negligible climate impact, and the highest levels of safety. Digitalisation sets new standards for the industry and enables the optimisation of individual vessels, fleets, or entire value chains, providing opportunities for lifecycle efficiency improvements.
Wärtsilä’s Smart Marine Vision builds on its strong existing portfolio of environmentally sound products and solutions, which includes environmentally advanced vessel solutions, dual-fuel marine engines, and systems for voyage optimisation, ballast water management, wastewater treatment, and exhaust gas cleaning. By eliminating or reducing polluting discharges and emissions from our customers’ processes, we ensure that they can continue to operate in environmentally sensitive areas around the world.
In 2018, Wärtsilä announced ‘An Oceanic Awakening’, a global initiative which focuses on the radical transformation of the world’s marine and energy industries into one efficient, ecologically sound, and digitally connected ecosystem. The initiative was supported by the establishment of SEA20, an international forum of Smart and Ecologically-Ambitious marine cities. We are also involved in numerous other global and local partnerships, such as the IMO’s Global Industry Alliance (GIA) and the European Sustainable Shipping Forum (ESSF).
Responsible business conduct
Wärtsilä is committed to sustainability and responsible business in its purpose statement and strategy. Our values and Code of Conduct define common rules for all employees and provide guidance on our approach to responsible business practices.
Wärtsilä's Code of Conduct and supporting policies expressly prohibit the company, its employees, and suppliers from offering or accepting any kind of benefit considered a bribe, and from taking actions that could give rise to a conflict of interest or breach of loyalty. We comply with international good practices and anti-corruption laws of the countries in which we operate, and urge the reporting of any cases of corruption and bribery. The implementation of our Code of Conduct and main policies on responsible business conduct include Wärtsilä Values and Code of Conduct discussion modules, the signing of an individual Code of Conduct Undertaking, e-learning training, and inclusion of the Code of Conduct topics into the annual development discussions covering all employees. In addition, Wärtsilä has an externally hosted whistle blower channel for all employees to report concerns related to potential misconducts of the Code of Conduct or the company’s policies.
We aim to contribute towards the well-being of the local communities in which we are present. The means for this include, for example, creating employment, paying taxes and social dues, providing training and education to employees, co-operating with local stakeholders, and supporting local development.