Wärtsilä and emission trading
Wärtsilä Italia S.p.A is the only subsidiary that falls into the scope of the EU Emission Trading Scheme (ETS) because of the heating plant of the factory. The EU ETS has not had any impact on the company’s profitability. Wärtsilä’s response to climate change is to develop and provide products, solutions and services that enable our customers to reduce their greenhouse gas emissions. We also advise and support our customers in utilising the Kyoto Protocol’s Flexibility Mechanisms (JI and CDM) in their power plant projects. More information about Wärtsilä’s solutions for climate change can be found in the Environmental Performance section. The potential business risks related to climate change and Wärtsilä’s products are presented under the sustainability and climate change risks in the Risk Management chapter of the Corporate Governance review.