GRI and UNGC index

1 Strategy and analysis
       
GRI content Links Remarks GRI / UNGC
1.1 CEO’s statement Message to the Shareholders  
1.2 Key impacts, risks and opportunities         Risk and risk management
Strategy
Power Plants and sustainability
Ship Power and sustainability
Services and sustainability
Wärtsilä and sustainability
Towards more sustainable solutions
Environmental targets
Social targets
 



         
2 Organisational profile    
         
2.1 Name of the organisation This is Wärtsilä    
2.2 Primary brands, products and services

Operating environment
Power Plants review
Ship Power review
Services review
Manufacturing review

   
2.3 Operational structure

This is Wärtsilä
Operating environment
Notes to the Consolidated Financial Statements

   
2.4 Location of organisation’s headquarters Shares and shareholders Helsinki, Finland  
2.5 Number of countries and location of operations

This is Wärtsilä
Operating environment
Notes to the Consolidated Financial Statements

www.wartsila.com  
2.6 Nature of ownership and legal form Shares and shareholders    
2.7 Markets served This is Wärtsilä
Operating environment
   
2.8 Scale of reporting organisation This is Wärtsilä
Shareholders
Operating environment
     
2.9 Significant changes 2011 in brief
Board of Directors’ report
   
2.10 Awards received in the reporting period Recognitions    
       
3 Report parameters    
         
3.1 Reporting period Our reporting    
3.2 Date of most recent report Our reporting    
3.3 Reporting cycle Our reporting    
3.4 Contact point for questions regarding the report Our reporting    
3.5 Process for defining report content Our reporting    
3.6 Boundary of the report Our reporting    
3.7 Limitations on the report's scope or boundary Our reporting    
3.8 Basis for reporting subsidiaries and joint ventures Our reporting    
3.9 Data measurements techniques and bases of calculations Our reporting
Reporting rules and principles
   
3.10 Explanation of re-statements Our reporting    
3.11 Significant changes from previous reporting periods Our reporting    
3.13 Assurance policy and practice Our reporting    
       
4 Governance, Commitments and Engagement
       
4.1 Governance structure Corporate Governance    
4.2 Position of the Chairman of the Board Board of Directors    
4.3 Independence of the Board members Board of Directors    
4.4 Mechanism for shareholder and employee consultation Annual General Meeting    
4.5 Executive compensation and linkage to organisation’s performance Salary and remuneration report 2011    
4.6 Processes for avoiding coflicts of interest Corporate Governance    
4.7 Processes for determining expertise Corporate Governance    
4.8 Implementation of mission and values statements; code of conduct

Strategy
Wärtsilä and sustainability
Code of Conduct

 
4.9 Procedures of the Board for overseeing risk management

Corporate Governance
Board of Directors’ report

   
4.10 Processes for evaluating the Board’s performance Corporate Governance
Board of Directors’ report
   
4.11 Precautionary principle Risks and risk management
Wärtsilä and sustainability
Environmental performance
 
4.12 Voluntary charters and other initiatives Strategy
Sustainability performance management
 
4.13 Memberships in associations Activities in organisations  
4.14 List of stakeholder groups Stakeholder relations    
4.15 Identification and selection of stakeholders Stakeholder relations  
4.16 Approaches to stakeholder engagement Channels of dialogue  
4.17 Key topics raised through stakeholder engagement Stakeholder relations
Wärtsilä and sustainability
 
       
5 Management Approach and Performance Indicators
       
Economic Performance Indicators    
Disclosure on management approach Economic performance
Financial targets
   
EC1 Direct economic value generated and distributed Economic performance    
EC2 Risks and opportunities due to climate change Risks and risk management
Wärtsilä and emission trading
 
EC3 Coverage of defined benefit plan obligations Employees    
EC4 Significant subsidies received from government Public sector    
EC5 Entry level wage compared to minimum wage Employees  
EC6 Spending on local suppliers Suppliers    
EC7 Local hiring Employees  
EC8 Infrastructure investments provided for public benefit Community support    
EC9 Significant indirect impacts Economic performance
Impact on communities
   
Environmental
Disclosure on management approach Environmental performance
Summary of environmental aspects
Environmental targets
   
EN1 Materials used by weight or volume Materials, energy and water  
EN2 Recycled materials used Materials, energy and water Reporting system under development
EN3 Direct energy consumption Materials, energy and water  
EN4 Indirect energy consumption Materials, energy and water  
EN5 Energy saved due to conservation and efficiency improvements Environmental targets  
EN6 Initiatives to provide energy efficient or renewable energy based products and services Towards more sustainable solutions www.wartsila.com/sustainability  
EN7 Initiatives to reduce indirect energy consumption Environmental targets
Emissions and wastes
 
EN8 Total water withdrawal Materials, energy and water  
EN9 Water sources significantly affected Materials, energy and water  
EN10 Percentage and total volume of water recycled and reused     -
EN11 Location and size of land holdings in biodiversity-rich habitats Environmental costs and liabilities  
EN12 Description of significant impact of activities, products and services on biodiversity Environmental costs and liabilities Not applicable
EN13 Habitats protected or restored   Not applicable -
EN14 Managing impacts on biodiversity   Not applicable  -  
EN15 Species with extinction risk with habitats in areas affected by operations   Not applicable -
EN16 Total direct and indirect greenhouse gas emissions Emissions and wastes  
EN17 Other relevant indirect greenhouse gas emissions Emissions and wastes Reporting system under development
EN18 Initiatives to reduce greenhouse gas emission Emissions and wastes www.wartsila.com/sustainability
EN19 Emissions of ozone-depleting substances   Not applicable  -  
EN20 NOx, SOx, and other significant air emissions Emissions and wastes  
EN21Total water discharge Materials, energy and water  
EN22 Total amount of waste Emissions and wastes  
EN23 Significant spills Compliance with legislation  
EN24 Transported, imported, exported or treated hazardous waste   Not applicable -
EN25 Water bodies and habitats affected by discharges of water   Not applicable -
EN26 Mitigating environmental impacts of products and services Power Plants review
Ship Power review
Services review
Environmental performance
www.wartsila.com/sustainability
EN27 Reclaimable products and reuse   www.wartsila.com/sustainability
EN28 Significant fines and sanctions for non-compliance with environmental regulations Compliance with legislation  
EN29 Environmental impacts of transportation      -  
EN30 Total environmental protection expenditures and investments Environmental costs and liabilities  
Social
Disclosure on management approach Personnel and social performance
Social targets
   
LA1 Breakdown of workforce Personnel    
LA2 Breakdown of employee turnover Employee practices  
LA3 Employee benefits Employee practices    
LA4 Coverage of collective bargaining agreements Employee practices www.wartsila.com/sustainability
LA5 Minimum notice period regarding operational changes Employee practices  
LA6 Representation in joint health and safety committees Occupational health and safety  
LA7 Injury, lost time injury, fatalitites, absence rates Occupational health and safety  
LA8 Education and prevention programmes regarding serious diseases Occupational health and safety Part of the OHS management systems which cover Wärtsilä employees
LA9 Health and safety topics covered in formal agreements with trade unions      -  
LA10 Average training hours per year Personnel    
LA11 Programmes for skills management Personnel    
LA12 Employees receiving regular performance and career development reviews Employee practices    
LA13 Composition of governance bodies and breakdown of employees Corporate Governance
Personnel
Employee practices
 
LA14 Ratio of basic salary of men to women by employee category Employees
Employee practices
 
         
Human rights
Disclosure on management approach Personnel and social performance
Social targets
   
HR1 Investment agreements that include human rights clauses Human and labour rights  
HR2 Suppliers and contractors that have undergone human rights screening Suppliers  
HR3 Human rights related training for employees Sustainability performance management Part of Code of Conduct training -
HR4 Incidents of discrimination and actions taken Human and labour rights  
HR5 Supporting right to freedom of association and collective bargaining in risk areas Human and labour rights  
HR6 Measures taken to eliminate child labour in risk areas Wärtsilä and sustainability
Human and labour rights
 
HR7 Measures taken to eliminate forced labour in risk areas Wärtsilä and sustainability
Human and labour rights
 
HR8 Human rights related training for security personnel Security practices  
HR9 Incidents involving rights of indigenous people and actions taken Human and labour rights  
         

Society performance

Disclosure on management approach Personnel and social performance
Social targets
   
SO1 Managing impacts of operations on communities Impact on communities    
SO2 Business units analysed for corruption risks Preventing corruption and bribery
Risks and risk management
 
SO3 Anti-corruption training Preventing corruption and bribery  
SO4 Actions taken in response to incidents of corruption Preventing corruption and bribery  
SO5 Public policy positions and participation in public policy development and lobbying Political lobbying  
SO6 Contributions to politicians and related institutions Political lobbying  
SO7 Legal actions for anti-competitive behaviour, anti-trust and monopoly practices Competition regulation    
SO8 Fines and sanctions for non-compliance with laws and regulations Social data    
         
Product responsibility
Disclosure on management approach

Personnel and social performance
Product liability

   
PR1 Assessment of health and safety impacts of products Product liability  
PR2 Non-compliance with regulations concerning health and safety impacts of products Product liability  
PR3 Product information required by procedures Product liability  
PR4 Non-compliance with regulations concerning product information and labelling Product liability  
PR5 Customer satisfaction Customer satisfaction    
PR6 Adherence to marketing communications laws, standards and voluntary codes Product liability    
PR7 Non-compliance with marketing communications regulations and voluntary codes Product liability    
PR8 Complaints regarding breaches of customer privacy Product liability  
PR9 Fines for non-compliance concerning the provision and use of products and services Product liability    
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