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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.
+40 vs industry average
Wartsila’s score of 67 is higher than 78% 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, a Finnish machinery and equipment company, reported total carbon emissions of approximately 112.1 billion kg CO2e in 2025. This includes Scope 1 emissions of 40.8 million kg CO2e, Scope 2 market-based emissions of 5.96 million kg CO2e, and Scope 3 emissions of about 112.09 billion kg CO2e. The largest contributors to Scope 3 emissions were the use of sold products (approximately 109.9 billion kg CO2e) and purchased goods and services (around 2.03 billion kg CO2e).
Looking back, Wärtsilä's total emissions in 2024 were approximately 88.99 billion kg CO2e, with Scope 1 at 37.07 million kg CO2e, Scope 2 market-based at 12.77 million kg CO2e, and Scope 3 at about 88.94 billion kg CO2e. In 2023, the company's Scope 1 emissions were 41.02 million kg CO2e, Scope 2 market-based emissions were 14.99 million kg CO2e, and Scope 3 emissions were around 2.02 billion kg CO2e.
Wärtsilä has outlined several climate commitments. The company aims to achieve carbon neutrality in its own operations (Scope 1 and 2) by 2030 and to provide a product portfolio ready for zero-carbon fuels by the same year. They also aim for near-zero Scope 1 and 2 emissions by the middle of this decade. Specific targets include a 20% reduction in Scope 1 and Scope 2 CO2e emissions by 2023, compared to a 2021 baseline. Furthermore, Wärtsilä is targeting a 15% reduction in Scope 1 and Scope 2 emissions from 2020 levels by 2025. In 2024, the company reported a 50% reduction in Scope 1 and 2 GHG emissions (50,163 tonnes CO2e) compared to a 2019-2021 baseline, aligning with its carbon neutrality pathway. The long-term ambition for all scopes is net-zero emissions by mid-century, in line with International Maritime Organisation regulations.
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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