Sustainability targets

Target Schedule Status
EFFICIENCY COMMITMENT:
Reduce energy consumption by at least 10% in terms of absolute consumption (GWh) by 2016, compared to mean energy consumption in 2005.
2016 By the end of 2016, energy savings of 43 GWh were reached, which represents 92% of the final target.
ENERGY SAVINGS:
Reduce energy consumption by at least 7% in terms of absolute consumption (GWh) by 2025, compared to the energy consumption in 2015.
2025 New target
ETHICAL BEHAVIOR:
Ensure commitment to the Code of Conduct throughout the organisation (Code of Conduct training coverage 100%).
2020 Training records are continuously monitored. At the end of 2016, 14,182 employees, covering 79% of the total number of employees, successfully participated in the renewed Code of Conduct training programme.
OCCUPATIONAL SAFETY:
Reach the long-term goal for zero injuries.
2020 In 2016, the positive trend in improving, consolidating, and spreading a safety culture within Wärtsilä continued. The corporate lost-time injury frequency rate target for the year was 2.50, and the result of 2.59 was slightly above this. However, the result represents a 9% improvement compared to the previous year's result (2.85). As a highlight, proactive near miss and hazard reporting increased by 46% in 2016 compared to 2015.
CLIMATE CHANGE:
Prepare an analysis of the impact of the Paris Climate Change Agreement on Wärtsilä
2018 During 2016, a project plan was prepared and a steering committee for the project established. Additionally, an update on the Paris Agreement and an analysis of the greenhouse gas reduction ambitions of key nations was conducted.
SUSTAINABLE POWER SYSTEMS:
Contribute to the development of an affordable, reliable, sustainable, and modern power system worldwide.
2020 New target
SMALL-MEDIUM SCALE LNG SOLUTIONS:
Become a global actor in the LNG value chain that develops opportunities, creates solutions, and builds infrastructure for clean-burning LNG to replace liquid fuel.
2020 New target
SOLAR AND HYBRID SOLUTIONS:
Solar and solar hybrid power plants for cleaner energy and fuel savings. Delivery of 200 MW solar power by the end of 2018.
2018
New target
CLIMATE CHANGE:
Reduce greenhouse gas (GHG) emissions from gas engines by 15% from 2015 to 2020.
2020
New target
DECARBONISATION OF TRANSPORT:
Contribute to the development of more sustainable transportation through gas based and other technologies.
2020
New target
CLIMATE CHANGE:
Reduce over 300,000 tons of annual COfrom vessels with the help of Eniram solutions.
2020
New target
WELL-BEING AT WORK - CAREER:
Balance between external and internal recruitments: More than 50% of the open vacancies filled from internal applicant pool, including promotions and lateral moves.
2020
In 2016, 58% of open vacancies were filled through internal selections for job level 3 and up, and 42% through external selections.
PERSONNEL DEVELOPMENT:
Development discussion coverage 100%.
2020
By the end of 2016, altogether 96% of the company’s employees had completed development discussions.
DIVERSITY:
Increase the share of female employees to 20%
2020  New target
SUPPLIER LIFECYCLE MANAGEMENT:
Risk-based supplier assessment and management process in use by 2018:
  • Phase I: new suppliers by 2017
  • Phase II: existing suppliers by 2018
2018 During 2016, an overall supplier assessment process was defined for new suppliers and supplier lifecycle management. A self-assessment questionnaire was prepared and requirements for it clarified.
SUPPLIER MONITORING:
Reach the following rating coverage of suppliers:
  • 96% of direct supplier spend rated
  • 65% of indirect supplier spend rated
  • 75% of local supplier spend rated.
2020 In 2016, the target of rating 96% of direct supplier spend was achieved. The rating coverage of indirect supplier spend was 62% and 71% of local supplier spend.
© 2017 Wärtsilä