Report scope

Wärtsilä’s Sustainability Reporting 2011 is prepared according to the GRI (Global Reporting Initiative) sustainability Reporting Guidelines (G3).

Wärtsilä reports those core indicators which are of most relevance to its operations, products and stakeholders. The Sustainability section of the Annual Report examines the company’s economic, environmental and social performance. The core indicators chosen are of importance at the corporate level and are based on the core indicators of the G3 guidelines. Reporting of the product performance, which is done mainly on the internet (www.wartsila.com), describes the environmental aspects and impacts of Wärtsilä’s products, the measures taken by Wärtsilä to reduce these impacts and the environmentally advanced solutions that Wärtsilä has developed.

Coverage of the report

This report covers Wärtsilä’s businesses. At the company level, the report includes the parent company and its subsidiaries as well as its manufacturing, service and sales units. The report excludes Wärtsilä’s associated companies, joint ventures and supply chain companies.

Wärtsilä’s businesses comprise of the Ship Power, Power Plants and Services businesses and Wärtsilä Industrial Operations. The first three of these generate external net sales while the fourth is an internal function.

The economic performance data covers all Wärtsilä companies. The data on environmental and social performance covers all Wärtsilä companies except the following:

Wärtsilä Ship Design Russia CJSC
Wärtsilä Tanzania Ltd.
Cedervall Söner AB
Cedervall Espana S.A.
Cedervall Zhangjiagang Marine Products Co. Ltd.
Cedervall Singapore Pte.

These companies will be included in Wärtsilä's sustainable development reporting in the forthcoming years. Wärtsilä’s Sustainability Reporting is an integrated part of its annual reporting, and therefore Wärtsilä publishes its sustainability data annually.

Significant changes in Group structure

The structural changes that apply to Wärtsilä are described in the Business review. They relate mainly to development of the Ship Power and Services businesses.

Coverage of operational data

Operational data, % of Wärtsilä companies
  2011 2010 2009 2008 2007
Economic 100 100 100 100 100
Environmental 92 93 84 85 90
Social 92 93 84 85 90
 
Operational data, % of personnel
  2011 2010 2009 2008 2007
Economic 100 100 100 100 100
Environmental 98 98 98 95 96
Social 98 98 98 95 96
 
Operational data, % of product manufacturing
  2011 2010 2009 2008 2007
Economic 100 100 100 100 100
Environmental 100 100 100 100 100
Social 100 100 100 100 100

 

Reporting profile

Data collection

The data on the products’ environmental performance is based on measured test results. Performance data on the environmental and social aspects of sustainability has been collected from the Wärtsilä companies using a detailed questionnaire. Economic performance data is based mainly on audited financial accounts.

The sustainability data is collected and reported according to Wärtsilä’s specific internal reporting guidelines that include all the definitions and instructions necessary for this purpose. Environmental expenditure and investments are reported applying the Eurostat instructions.

Each company has a nominated individual responsible for collection and consolidation of the data, and for its quality and reliability. The management of each company approves the data before it is consolidated at the Group level. The companies report their sustainability data using Wärtsilä’s CSM reporting system. The reported data is checked at both local and Group levels before its consolidation.

The content of this Sustainability Report was reviewed and approved by Wärtsilä’s Board of Management.

KPMG Oy Ab has independently assessed the report against GRI principles for defining content and quality. As part of the assurance process, KPMG assesses local level data management and processes, evaluates the relevance and reliability of the data reported to headquarters and assesses whether the reporting guidelines of Wärtsilä are well understood and applied. This is achieved through conducting site visits and video conferencing. Site assurances were carried out in Trieste, Italy and in Mulhouse, France, and Wärtsilä North America was assessed through video conferencing.

Wärtsilä self-declares an Application level of “A+” according to the GRI G3 guidelines for this report. KPMG has checked our reporting and has confirmed it to be Application level “A+”.

Additional sources of information

Wärtsilä has previously published the following reports:

Wärtsilä Environmental Report 2000
Wärtsilä Sustainability Report 2002
Wärtsilä Sustainability Report 2004
Wärtsilä Sustainability Report 2005
Wärtsilä Annual Report 2006
Wärtsilä Annual Report 2007
Wärtsilä Annual Report 2008
Wärtsilä Annual Report 2009
Wärtsilä Annual Report 2010

These reports and their sustainability data are available on Wärtsilä’s website: www.wartsila.com.

Sustainability Report Project Team

Mikael Troberg Director, Testing and Validation, Industrial Operations
Ari Suominen
Director, Technology, Industrial Operations
Juhani Hupli
Vice President, Ship Power Technology
Leonardo Sonzio
Director, Environmental Services
Jussi Heikkinen Vice President, Marketing and Business Development, Power Plants
Pauliina Tennilä
Director, Investor Relations
Natalia Valtasaari
IR Officer
Harri Mäkelä Sustainability Officer
Marko Vainikka
Director, Sustainability
(contact person: marko.vainikka@wartsila.com)

There are no related stories
+
There are no related storiesSwitch to Inside Stories