GRI and UNGC index
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General Disclosures
| GRI 102: General Disclosures | ||||
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| GRI Standard / Disclosure | Links | Remarks | UNGC | |
| Organisational profile | ||||
| 102-1 Name of the Organisation | Strategy |  |
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| 102-2 Activities, brands, products, and services | Strategy Wärtsilä Energy Business Wärtsilä Marine Business |
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| 102-3 Location of headquarters | Shares | Helsinki, Finland | |
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| 102-4 Location of operations | Strategy | www.wartsila.com | |
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| 102-5 Ownership and legal form | Shares | |
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| 102-6 Markets served | Strategy | |
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| 102-7 Scale of the organization | Strategy Shareholders |
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| 102-8 Information on employees and other workers | Social | |
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| 102-9 Supply chain | Supply chain management | |
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| 102-10 Significant changes to the organization and its supply chain | Social | |
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| 102-11 Precautionary Principle or approach | Product design principles Risks and risk management Manufacturing and R&D |
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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 | |
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| 102-15 Key impacts, risks, and opportunities | Risks and risk management Strategy Wärtsilä Energy Business Wärtsilä Marine Business Innovating for sustainability |
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| Ethics and integrity | ||||
| 102-16 Values, principles, standards, and norms of behaviour | 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 | |
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| 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 | |
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| 102-23 Chair of the highest governance body | Board of Directors | |
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| 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. | |
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| 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 Board 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. | |
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| 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 | |
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| 102-31 Review of economic, environmental, and social topics | Board of Directors The Board's committees Internal control |
9 meetings in 2019 | |
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| 102-32 Highest governance body’s role in sustainability reporting | Report profile | |
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| 102-33 Communicating critical concerns | Internal control | |
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| 102-34 Nature and total number of critical concerns | This information is not publicly disclosed. | |
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| 102-35 Remuneration policies | Remuneration report 2019 | |
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| 102-36 Process for determining remuneration | The Board's committees People management |
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| 102-37 Stakeholders’ involvement in remuneration | Remuneration report 2019 | |
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| 102-38 Annual total compensation ratio | This information is not publicly disclosed. | |
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| 102-39 Percentage increase in annual total compensation ratio | This information is not publicly disclosed. | |
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| Stakeholder engagement | ||||
| 102-40 List of stakeholder groups | Stakeholder relations | |
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| 102-41 Collective bargaining agreements | 56% of Wärtsilä employees were covered by collective bargaining agreements in 2019. | |
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| 102-42 Identifying and selecting stakeholders | Stakeholder relations | |
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| 102-43 Approach to stakeholder engagement | Stakeholder relations Customer satisfaction |
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| 102-44 Key topics and concerns raised | Stakeholder relations | |
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| 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 | |
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| 102-51 Date of most recent report | Report profile | |
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| 102-52 Reporting cycle | Report profile | |
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| 102-53 Contact point for questions regarding the report | Report profile | |
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| 102-54 Claims of reporting in accordance with the GRI Standards | Materiality assessment | |
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| 102-56 External assurance | Independent Assurance Report | |
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| GRI 103: Management Approach | ||||
| GRI Standard / Disclosure | Links | Remarks | UNGC | |
| 103-1 Explanation of the material topic and its Boundary | Materiality assessment |
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| 103-2 The management approach and its components | Sustainability at Wärtsilä | |
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| 103-3 Evaluation of the management approach | Sustainability at Wärtsilä Targets Sustainability data Risks and risk management |
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Topic-specific standards
| GRI 200 Economic Standard Series | ||||
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| GRI Standard / Disclosure | Links | Omissions | UNGC | Material topic disclosures |
| GRI 201: Economic Performance | ||||
| 201-1 Direct economic value generated and distributed | Economic performance | |
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| 201-2 Financial implications and other risks and opportunities due to climate change | Economic performance Risks and risk management |
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| 201-3 Defined benefit plan obligations and other retirement plans | Economic performance | |
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| 201-4 Financial assistance received from government | Economic performance | |
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| GRI 202: Market Presence | ||||
| 202-1 Ratios of standard entry level wage by gender compared to local minimum wage | Market presence | Only reported the Management Approach disclosure. | |
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| 202-2 Proportion of senior management hired from the local community | Market presence | |
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| GRI 205: Anti-corruption | ||||
| 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 | . | ||
| 205-3 Confirmed incidents of corruption and actions taken | Compliance | |||
| GRI 206: Anti-competitive behaviour | ||||
| 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 | ||||
| 301-1 Materials used by weight or volume | Materials | |
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| 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. | |
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| GRI 301: Energy | ||||
| 302-1 Energy consumption within the organization | Energy | |
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| 302-3 Energy intensity | Energy | |
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| 302-4 Reduction of energy consumption | Energy | |
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| GRI 303: Water | ||||
| 303-1 Water withdrawal by source | Water | |
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| 303-2 Water sources significantly affected by withdrawal of water | Water | |||
| 303-3 Water recycled and reused | Water | |||
| GRI 305: Emissions | ||||
| 305-1 Direct (Scope 1) GHG emissions | Emissions | |
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| 305-2 Energy indirect (Scope 2) GHG emissions | Emissions | |
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| 305-3 Other indirect (Scope 3) GHG emissions | Emissions | |
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| 305-4 GHG emissions intensity | Emissions | |
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| 305-5 Reduction of GHG emissions | Emissions | |
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| 305-6 Emissions of ozone-depleting substances (ODS) | Emissions | Not applicable, Wärtsilä does not produce, import or export ODS. | |
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| 305-7 Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions | Emissions | |
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| GRI 306: Effluents and Waste | ||||
| 306-1 Water discharge by quality and destination | Effluents and waste | |
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| 306-2 Waste by type and disposal method | Effluents and waste | |
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| 306-3 Significant spills | Effluents and waste | |
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| GRI 307: Environmental Compliance | ||||
| 307-1 Non-compliance with environmental laws and regulations | Compliance | |
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| GRI 400 Social Standard Series | ||||
| GRI Standard / Disclosure | Links | Omission | UNGC | Material topic disclosures |
| GRI 401: Employment | ||||
| 401-1 New employee hires and employee turnover | Employment | |
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| 401-2 Benefits provided to full-time employees that are not provided to temporary or part-time employees | Employment | |||
| GRI 402: Labour/Management Relations | ||||
| 402-1 Minimum notice periods regarding operational changes | Labour/Management Relations | |
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| GRI 403: Occupational Health and Safety | ||||
| 403-1 Workers representation in formal joint management–worker health and safety committees | Occupational health and safety | |
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| 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. These will be studied and analysed in 2020. | |
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| 403-3 Workers with high incidence or high risk of diseases related to their occupation | Occupational health and safety | |
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| 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. | |
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| GRI 404: Training and Education | ||||
| 404-1 Average hours of training per year per employee | Training and education | |
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| 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. | |
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| 404-3 Percentage of employees receiving regular performance and career development reviews | Training and education | |
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| GRI 405: Diversity and Equal Opportunities | ||||
| 405-1 Diversity of governance bodies and employees | Employment Diversity and equal opportunity |
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| GRI 406: Non-discrimination | |
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| 406-1 Incidents of discrimination and corrective actions taken | Compliance | |
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| GRI 415: Public Policy | |
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| 415-1 Political contributions | Compliance | |
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| GRI 416: Customer Health and Safety | ||||
| 416-2 Incidents of non-compliance concerning the health and safety impacts of products and services | Compliance | |||
| GRI 417: Marketing and Labelling | ||||
| 417-2 Incidents of non-compliance concerning product and service information and labelling | Compliance | |||
| 417-3 Incidents of non-compliance concerning marketing communications | Compliance | |||
| GRI 418: Customer Privacy | ||||
| 418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data | Compliance | |||
| GRI 419: Socioeconomic Compliance | ||||
| 419-1 Non-compliance with laws and regulations in the social and economic area | Compliance | |||
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