Political lobbying and competition compliance

Coaching

Wärtsilä’s policy is to engage in an open dialogue and discussion with both local and international public authorities and officials. The aim of the dialogue is to share information and improve the quality of regulations. We participate in public consultations in those areas of importance to the company, and are registered in the EU’s Transparency Register and the Finnish Transparency Register. At Wärtsilä, influencing activities fall under the responsibility of the Executive Vice President, Corporate Relations and Legal.

We have in place a competition compliance programme for managing risks relating to competition law, and our management is strongly committed to implementing this programme. The cornerstone of the programme is a competition law policy, which is kept up-to-date, providing information on competition rules and guidelines for our personnel. The competition compliance programme builds upon an e-learning module, based on the competition law policy. In addition, competition compliance trainings are held for relevant personnel in order to promote knowledge of competition laws and compliance therewith.