At Wärtsilä, we strive to have ethics and compliance at the core of our business. We are committed to conducting our business responsibly as required by our group and business-level policies, procedures, and practices. Our Code of Conduct sets joint ethical principles to be applied in our business. We implement the Code through support material and processes, with a groupwide mandatory e-learning programme and other training events, management systems, reporting, and by investigating misconduct incidents, monitoring, and communicating related activities. Our suppliers and business partners are also required to follow at least the same level of legal and ethical standards and business practices.
Our Code of Conduct e-learning programme provides information about the Code and its themes, as well as guidance on making the right decisions in everyday work. The mandatory training programme is required to be taken every second year. By the end of 2024, 86.7% of our employees had completed this e-learning. Wärtsilä is fully committed to complying with legislation and internationally recognised principles for combatting corruption and bribery. We are aware that the risk of corruption and fraud can be high in markets where we operate. Therefore, we carry out anti-corruption risk assessments as part of our continuous anticorruption improvement efforts. We also maintain an extensive training programme that is mandatory for all employees. By the end of 2024, 87.4% of our employees had completed the Anti-Corruption e-learning course.
Everyone at Wärtsilä can voice their concerns about any potential violations of the Code of Conduct and its underlying policies and instructions. Suspected misconduct can be reported to line management, to Legal or Compliance, or anonymously via an externally hosted whistleblowing channel. The channel is also open to our suppliers, consultants, and others who have a working relationship with Wärtsilä. All reported incidents are investigated and appropriate corrective actions are taken as necessary.