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. In 2022, topical political lobbying themes for Wärtsilä were the acceleration of decarbonisation in the marine and energy sectors, the EU Fit for 55 legislative climate package, the EU sustainable finance taxonomy regulation, the EU Data Act, the REPowerEU Plan, and the EU emergency market intervention to address high energy prices. 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.