Potential offtaker

Wartsila Oyj Abp

www.wartsila.com

Estimated electricity consumption

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Countries of production presence

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Wartsila Oyj Abp is a Finnish company that operates in the industrial engines sector. The company was founded in 1834 and has since grown to become a global leader in the industry. Wartsila provides advanced technologies and solutions to the marine and energy markets, with a focus on sustainability and decarbonisation.

The company's vision is to create a sustainable future for the planet, and it has been working towards this goal by investing in renewable energy and developing innovative solutions that reduce carbon emissions. Wartsila's commitment to sustainability is reflected in its corporate energy strategy, which focuses on reducing the environmental impact of its operations and products.

One of the key areas of focus for Wartsila is decarbonisation. The company recognises that reducing carbon emissions is essential to combatting climate change, and it has set ambitious targets to achieve this. Wartsila aims to reduce its greenhouse gas emissions by 50% by 2030, and to become carbon-neutral by 2050.

To achieve these targets, Wartsila is investing in renewable energy and developing new technologies that reduce emissions. The company is a leader in the development of hybrid and electric propulsion systems for ships, which reduce emissions and improve fuel efficiency. Wartsila is also developing new technologies for the energy sector, such as energy storage systems and renewable energy solutions.

Wartsila is also committed to corporate power purchase agreements (PPAs) as a means of increasing the use of renewable energy. PPAs are agreements between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy over a set period of time. Wartsila has signed several PPAs in recent years, which have helped to increase the use of renewable energy in its operations.

In addition to its focus on decarbonisation, Wartsila is also committed to corporate energy management. The company has implemented a range of measures to reduce energy consumption in its operations, such as improving the energy efficiency of its buildings and equipment. Wartsila has also implemented a corporate energy management system, which helps to monitor and manage energy use across its operations.

Wartsila's commitment to sustainability is reflected in its corporate culture. The company has a strong focus on sustainability in its business strategy, and it has implemented a range of initiatives to promote sustainability among its employees and stakeholders. Wartsila has a sustainability team that is responsible for developing and implementing sustainability initiatives across the company.

Overall, Wartsila Oyj Abp is a Finnish company that operates in the industrial engines sector. The company is committed to sustainability and decarbonisation, and it has set ambitious targets to reduce its greenhouse gas emissions. Wartsila is investing in renewable energy and developing new technologies to reduce emissions, and it is also committed to corporate energy management and power purchase agreements. The company's commitment to sustainability is reflected in its corporate culture, and it is working towards creating a sustainable future for the planet.

✓ Declared Net Zero commitment