Wärtsilä included in Dow Jones Sustainability Indices for the sixth year in a row

Wärtsilä Corporation, News 15 November 2021 at 2:01 PM E. Europe Standard Time

The technology group Wärtsilä has for the sixth year in a row been selected as an index component of the Dow Jones Sustainability Indices (DJSI), both in the DJSI World and DJSI Europe indices. The 2021 DJSI results were announced on 12 November 2021.

“Being included in the Dow Jones Sustainability Indices for the sixth consecutive year underlines Wärtsilä’s long-term commitment to sustainability. Combatting climate change is a top priority both for us as a company and for our client industries. This recognition gives us additional boost to continue working towards carbon neutrality and our purpose of enabling sustainable societies,” says Marko Vainikka, Vice President, Corporate Relations and Sustainability.

Dow Jones Sustainability Indices highlight the sustainability performance of different industries’ leading companies based on economic, environmental and social criteria. Wärtsilä performed especially well in the fields of sustainability reporting, codes of business conduct, strategy for emerging markets and innovation management. Wärtsilä was assessed based on its 2020 performance.

In addition to the Dow Jones Sustainability indices, Wärtsilä is included in FTSE4Good Index Series, Ethibel Sustainability Index (ESI) Excellence Europe, MSCI ACWI ESG Leaders Index, S&P Europe 350 ESG Index, ECPI ESG Indices, OMX GES Sustainability Finland Index and STOXX Global ESG Leaders Index.

Wärtsilä committed to carbon neutrality by 2030 

In October 2021, Wärtsilä announced its “Set for 30” commitment to achieving ambitious climate targets. Wärtsilä’s goal is by 2030 to become carbon neutral in its own operations, and to provide a product portfolio which will be ready for zero carbon fuels.

The carbon neutrality target covers direct greenhouse gas emissions from the company’s own operations, including the Research & Development and factory engine testing areas, as well as indirect greenhouse gas emissions from purchased electricity, heat, and cooling. This will be achieved by focusing on measures such as energy savings, green electricity purchases, switching fuels, the use of more efficient technologies, and the use of offsets for emissions hard to abate.

As Wärtsilä’s aim is to support its customers on their decarbonisation journey, its goal is to have a product portfolio ready for zero carbon fuels by 2030. While the energy and marine sectors still rely on the use of fossil fuels, Wärtsilä’s current portfolio already enables its customers to switch to carbon neutral fuels, such as biofuels or synthetic methane. The transition from fossil fuels to carbon neutral or carbon free fuels will happen gradually, and Wärtsilä enables this transition by providing the necessary technologies and expert services. In July 2021, Wärtsilä launched a major test programme towards carbon-free solutions with hydrogen and ammonia fuels.

Read more about Wärtsilä’s sustainability approach.

For further information, please contact:

Marko Vainikka
Vice President, Corporate Relations & Sustainability
Tel. +358 40 830 7782
marko.vainikka@wartsila.com

Ms Sari Luhanka
Manager, Global Media Relations
Communications & Branding
Tel. +358 10 709 5774
sari.luhanka@wartsila.com

Wärtsilä in brief
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2020, Wärtsilä’s net sales totalled EUR 4.6 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com

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