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Wärtsilä Corporation, commonly referred to as Wärtsilä, is a leading global player in the machinery and equipment sector, specifically within the "Machinery and equipment n.e.c. (29)" industry. Headquartered in Finland (FI), the company operates extensively across Europe, Asia, and the Americas, providing innovative solutions for marine and energy markets. Founded in 1834, Wärtsilä has achieved significant milestones, including advancements in sustainable technology and digitalisation.
The company’s core offerings include marine propulsion systems, power plants, and lifecycle services, distinguished by their efficiency and environmental sustainability. Wärtsilä is recognised for its commitment to reducing emissions and enhancing operational performance, solidifying its position as a market leader. With a strong focus on research and development, Wärtsilä continues to set industry standards, making it a trusted partner for customers worldwide.
+38 vs industry average
Wartsila’s score of 65 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Machinery and Equipment has above-average carbon intensity
The Machinery and Equipment industry has reduced its overall emissions by 37% since 2018
Scope 3 accounts for ••• of total emissions.
Wärtsilä, headquartered in Finland and operating in the Machinery and equipment sector, reported its total greenhouse gas emissions for 2025 as approximately 112.1 billion kg CO2e. This includes Scope 1 emissions of about 40.8 million kg CO2e, Scope 2 market-based emissions of approximately 5.96 million kg CO2e, and Scope 3 emissions of around 112.08 billion kg CO2e. A significant portion of Scope 3 emissions came from the use of sold products (around 109.89 billion kg CO2e) and purchased goods and services (about 2.03 billion kg CO2e).
In 2024, the company's total emissions were approximately 88.98 billion kg CO2e. This comprised Scope 1 emissions of around 37.06 million kg CO2e, Scope 2 market-based emissions of approximately 12.77 million kg CO2e, and Scope 3 emissions of roughly 88.93 billion kg CO2e.
Wärtsilä has set several climate commitments. The company aims to achieve carbon neutrality in its own operations (Scope 1 and 2 emissions) by 2030 and to offer a product portfolio ready for zero-carbon fuels by the same year. Wärtsilä also targets reducing its Scope 1 and 2 emissions to near zero by the middle of this decade. Furthermore, Wärtsilä is committed to reducing its Scope 1 and 2 GHG emissions by 50,163 tonnes CO2e by 2024, compared to a 2019 baseline. The company also previously aimed to reduce Scope 1 and Scope 2 emissions by 15% from 2020 levels by 2025 and targeted a 20% reduction in CO2e emissions for Scope 1 and Scope 2 by 2023, compared to a 2021 base year.
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2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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