Wärtsilä has signed the United Nations Global Compact initiative and supports its ten principles with respect to human rights, labour, the environment, and anti-corruption. We are committed to aligning our strategy, culture, and day-to-day operations with these principles, and to engaging in collaborative projects that advance sustainable development. Our Code of Conduct and sustainability approach provide the main framework for promoting the principles within our sphere of influence.
Wärtsilä also contributes in a positive way to several of the United Nations Sustainable Development Goals (SDGs) through our purpose and strategy, targets, policies, initiatives, innovative solutions, and partnerships. We are committed to developing solutions, together with our stakeholders, that solve the societal challenges laid out in the SDGs, while also generating new business opportunities. In particular, we play a vital role in delivering innovative clean energy and smart marine technologies. We have reviewed all the SDGs and their targets, and have identified priority targets for our company. These are most notably SDG7 Affordable and clean energy, SDG8 Decent Work and Economic Growth, and SDG9 Industry, Innovation and Infrastructure.
We also participate in several voluntary initiatives, agreements, and commitments such as Finland’s Society’s Commitment to Sustainable Development, the Finnish Energy Efficiency Agreement, and sustainable business coalitions such as the Getting to Zero Coalition. This latter coalition is committed to getting deep sea vessels powered by commercially viable zero emission fuels into operation by 2030.