Wärtsilä in sustainable development indices
Wärtsilä is included in the following sustainability indices:
- FTSE4Good Index
- ASPI Eurozone® Index
- OMX GES Sustainability Nordic Index and OMX GES Sustainability Finland Index
- ECPI Global Carbon Equity Index
- Ethibel ESI Excellence Europe Index and ESI Excellence Euro Index
Furthermore, Wärtsilä is the only company in its sector to be included in both the Ethibel Pioneer and the Ethibel Excellence Investment Registers. It has also been rated a Prime company by oekom research.
FTSE4Good Index Series is a series of benchmark and tradable indices for socially responsible investors. The inclusion criteria are designed to help investors minimise social, environmental and ethical risks. The criteria focus on corporate responsibility, human rights, environmental actions, social and stakeholder engagement and countering bribery.
The ASPI Eurozone® Index consists of the 120 listed Eurozone companies that perform best in social and environmental terms. The stocks are selected on the basis of the ratings of the European Corporate Social Responsibility Ratings Agency Vigeo.
Wärtsilä has been included in the Ethibel PIONEER and Ethibel EXCELLENCE Investment Registers since 28 January 2005 and monitored regarding its CSR profile since then. These investment registers form the basis for the European Collective Quality labels ETHIBEL PIONEER and ETHIBEL EXCELLENCE, which are awarded to investment funds and financial products only. The ESI Excellence Europe Index and the ESI Excellence Euro Index are composed of companies belonging to the Ethibel Register based on a best-in-class approach combined with ethical exclusion criteria.
The ECPI Global Carbon Equity Index is an investable index picking companies best equipped to tackle a world of rising carbon emissions and tougher climate legislation from carbon intensive sectors such as Utilities, Basic Materials, Industrial and Energy.
The OMX GES Sustainability Nordic Index and the OMX GES Sustainability Finland Index are based on risk ratings, which are analyses of risks in the companies’ methods of dealing with the environment, human rights and corporate governance. The analysis is based on international norms on Environmental, Social and Governance issues in accordance with the UN Principles for Responsible Investments. They evaluate both the companies’ present status and readiness for the future. The analysis model is easy to implement and gives an immediate overview of a company’s sustainability status, which can reduce investment risk. The Nordic sustainability index comprises the 50 best rated companies on the Nordic stock exchanges. The Finnish index comprises the 40 best rated companies on the Helsinki stock exchange.
Oekom research awards Prime status to those companies which according to the oekom corporate rating are among the leaders in their industry and which meet industry-specific minimum requirements.