Wärtsilä has signed the United Nations Global Compact initiative and has been registered as a participant by the UN Global Compact Office. With this action Wärtsilä further consolidates its commitment to sustainable business practices, and to the compact’s underlying principles in the areas of human rights, labour, environment and anti-corruption.
"We wanted to express our support for the UN Global Compact initiative, because we share the same values which it promotes. We believe that participation in the UN Global Compact will support our long-term efforts to develop our products and operations in a sustainable way. Our business and operations in 70 countries provide an excellent platform for us to continue taking these principles forward," says Ole Johansson, President and CEO of Wärtsilä Corporation.
Wärtsilä's Code of Conduct and sustainability programmes are well in line with the ten principles of the UN Global Compact. Sustainability has long been at the top of Wärtsilä's business agenda, not only in terms of product development, but also in the company’s way of working. By participating in the initiative, Wärtsilä emphasises the importance of business responsibility and furthers its commitment to active development of sustainability management and performance.
The UN Global Compact is the world's largest corporate responsibility initiative with over 5,000 business participants in 135 countries. Read more at www.unglobalcompact.org
For further information, please contact:
Mr Marko Vainikka
General Manager, Sustainability
Mr Atte Palomäki
Group Vice President, Communications & Branding
Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers.
In 2008, Wärtsilä’s net sales totalled EUR 4.6 billion with 19,000 employees. The company has operations in 160 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.