Wärtsilä Corporation, Press release, 1 April 2008 at 13.40 local time
Wärtsilä has been included in the FTSE4Good Index, the leading global index for socially responsible investors. This benchmark index by the London-based FTSE Group measures the performance of companies that meet globally recognized standards for corporate responsibility.
“It is an honour for Wärtsilä to be included in this respected responsible-investment index. Sustainability has long been at the top of our business agenda, not only in terms of product development, but also in our way of working. This listing recognizes that we are creating value by environmentally innovative solutions and highly ethical business practices," says Ole Johansson, President & CEO of Wärtsilä Corporation.
Membership of the FTSE4Good Index is based on Wärtsilä having clearly demonstrated that it has policies and management systems in place that help address global environmental and social concerns.
Launched in 2001, the FTSE4Good Index Series is a series of benchmark and tradable indices for socially responsible investors. The inclusion criteria are designed to help investors minimise social, environmental and ethical risks. The criteria focus on corporate responsibility, human rights, environmental actions, social and stakeholder engagement and countering bribery.
Wärtsilä’s inclusion in this prestigious index was confirmed by the FTSE4Good Policy Committee at its March 2008 review.
For further information: Mr Marko Vainikka, General Manager, Sustainability, tel +358 10 709 5404
Ms Joséphine Mickwitz, Director, Investor Relations, +358 10 709 5216
Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. When creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products and solutions as well as services. Through innovative products and services, Wärtsilä sets out to be the most valued business partner of all its customers. This is achieved by the dedication of more than 16,000 professionals manning 150 Wärtsilä locations in 70 countries around the world. Wärtsilä is listed on The Nordic Exchange in Helsinki, Finland.