📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.

Wartsila Oyj Abp

Country
Finland
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
18,753
Ticker
WRT1V
Exchange
NASDAQ HELSINKI LTD
Description
Wärtsilä Oyj Abp is a Finnish industrial group specializing in advanced technologies and complete lifecycle solutions for the marine and energy markets. Founded in 1834 and headquartered in Helsinki, ...

Wartsila Oyj Abp's GHG Emissions Data Preview

In 2024, Wartsila Oyj Abp completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Wartsila Oyj Abp has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Download Data
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=WRT1V&reporting_period=2024"

Verified Sources Behind Wartsila Oyj Abp’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Wartsila Oyj Abp’s data sources below and access millions more through our Disclosure Search.

a. Wartsila Oyj Abp's Annual Report 2024
a. Wartsila Oyj Abp's Annual Report 2024
b. Wartsila Oyj Abp's Annual Report 2023
b. Wartsila Oyj Abp's Annual Report 2023

Insights into Wartsila Oyj Abp's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofWartsila Oyj Abp amounted to56,915metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Wartsila Oyj Abpdecreased by 8.6%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Wartsila Oyj Abp's Scope 1 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e-6%+3%-15%-12%-10%
  • Total Scope 1
  • Year-over-Year Change

What are Wartsila Oyj Abp's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Wartsila Oyj Abp were 37,066 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Wartsila Oyj Abp reduced its Scope 1 emissions over time?

Since 2019, Wartsila Oyj Abp's Scope 1 emissions have decreased by 34.48%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Wartsila Oyj Abp's Scope 1 emissions decreased by 9.63%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are Wartsila Oyj Abp's Scope 2 emissions?

In 2024, Wartsila Oyj Abp reported Scope 2 greenhouse gas (GHG) emissions of 12,771 tCOâ‚‚e using the market-based method and 19,849 tCOâ‚‚e using the location-based method.a

Has Wartsila Oyj Abp reduced its Scope 2 emissions over time?

Since 2019, Wartsila Oyj Abp's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 51.48%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Wartsila Oyj Abp's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Wartsila Oyj Abp's emissions have plateaued with no significant change in its energy consumption footprint.ab

What methodology does Wartsila Oyj Abp use for Scope 2 reporting?

In 2024, Wartsila Oyj Abp reported its Scope 2 emissions using the market-based method and using the location-based method.a

Wartsila Oyj Abp's Scope 2 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Wartsila Oyj Abp's Value Chain Emissions

In 2024, Wartsila Oyj Abp reported 88,938,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Wartsila Oyj Abp includes a breakdown across 5of the 15 Scope 3 categories defined by the GHG Protocol,up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Wartsila Oyj Abp's Scope 3 Emissions Over Time

201920202021202220232024025 M50 M75 M100 MtCO2e+714%+8%+37%+4%+4307%
  • Total Scope 3
  • Year-over-Year Change

What are Wartsila Oyj Abp's Scope 3 emissions?

In 2024, Wartsila Oyj Abp reported total Scope 3 emissions of 88,938,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 2.42%of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.58%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Wartsila Oyj Abp reduced its Scope 3 emissions over time?

Since 2019, Wartsila Oyj Abp's Scope 3 emissionshave increased by 55,140.99%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Wartsila Oyj Abp's Scope 3 emissions increased by 4,307.45%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does Wartsila Oyj Abp disclose?

In 2024, Wartsila Oyj Abp reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Wartsila Oyj Abp's Scope 3 emissions?

In 2024, the largest contributors to Wartsila Oyj Abp's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 86,786,000 tCOâ‚‚e(97.58%)
  • Purchased Goods and Services (Cat. 1): 2,008,600 tCOâ‚‚e(2.26%)
  • Upstream Transportation and Distribution (Cat. 4): 82,900 tCOâ‚‚e(0.09%)

Wartsila Oyj Abp's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(97.6%)Purchased Goods andServices (Cat. 1)(2.3%)

Insights into Wartsila Oyj Abp’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Wartsila Oyj Abp reported Scope 1 greenhouse gas (GHG) emissions of 37,066 tCOâ‚‚e and total revenues of USD 6,711 millions. This translates into an emissions intensity of 5.52 tCOâ‚‚e per millions USD.a

Wartsila Oyj Abp's Scope 1 Emissions Intensity Compared to Peers

1020010,000500,00020,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)MetsoYear: 2024Scope 1: 37,670 tCO2eRevenue: $M 5,061Scope 1 Intensity: 7.44 tCO2e/$MConstiYear: 2024Scope 1: 2,038 tCO2eRevenue: $M 340Scope 1 Intensity: 6.00 tCO2e/$MValmetYear: 2024Scope 1: 20,395 tCO2eRevenue: $M 5,577Scope 1 Intensity: 3.66 tCO2e/$MYITYear: 2024Scope 1: 18,300 tCO2eRevenue: $M 1,894Scope 1 Intensity: 9.66 tCO2e/$MPonsseYear: 2024Scope 1: 3,497 tCO2eRevenue: $M 781Scope 1 Intensity: 4.48 tCO2e/$MKreate GroupYear: 2024Scope 1: 3,798 tCO2eRevenue: $M 287Scope 1 Intensity: 13.25 tCO2e/$MDovre GroupYear: 2024Scope 1: 1,710 tCO2eRevenue: $M 103Scope 1 Intensity: 16.54 tCO2e/$MKalmarYear: 2024Scope 1: 8,100 tCO2eRevenue: $M 1,790Scope 1 Intensity: 4.52 tCO2e/$MKoneYear: 2024Scope 1: 112,500 tCO2eRevenue: $M 11,549Scope 1 Intensity: 9.74 tCO2e/$MAspoYear: 2024Scope 1: 179,675 tCO2eRevenue: $M 617Scope 1 Intensity: 291.36 tCO2e/$MScanfilYear: 2024Scope 1: 1,706 tCO2eRevenue: $M 812Scope 1 Intensity: 2.10 tCO2e/$MEtteplanYear: 2024Scope 1: 362 tCO2eRevenue: $M 376Scope 1 Intensity: 0.96 tCO2e/$MRauteYear: 2023Scope 1: 365 tCO2eRevenue: $M 161Scope 1 Intensity: 2.27 tCO2e/$MGlaston Oyj AbpYear: 2023Scope 1: 552 tCO2eRevenue: $M 243Scope 1 Intensity: 2.27 tCO2e/$MSitowise GroupYear: 2024Scope 1: 96 tCO2eRevenue: $M 201Scope 1 Intensity: 0.48 tCO2e/$MViking Line AbpYear: 2024Scope 1: 252,448 tCO2eRevenue: $M 500Scope 1 Intensity: 504.99 tCO2e/$MLassila & TikanojaYear: 2024Scope 1: 26,450 tCO2eRevenue: $M 802Scope 1 Intensity: 32.98 tCO2e/$MComponentaYear: 2024Scope 1: 4,037 tCO2eRevenue: $M 101Scope 1 Intensity: 39.93 tCO2e/$MSRV YhtiotYear: 2023Scope 1: 1,138 tCO2eRevenue: $M 675Scope 1 Intensity: 1.69 tCO2e/$MHiabYear: 2024Scope 1: 13,627 tCO2eRevenue: $M 1,714Scope 1 Intensity: 7.95 tCO2e/$MEnento GroupYear: 2024Scope 1: 15 tCO2eRevenue: $M 156Scope 1 Intensity: 0.09 tCO2e/$MFinnairYear: 2024Scope 1: 3,459,576 tCO2eRevenue: $M 3,173Scope 1 Intensity: 1,090.45 tCO2e/$MWartsila Oyj AbpYear: 2024Scope 1: 37,066 tCO2eRevenue: $M 6,711Scope 1 Intensity: 5.52 tCO2e/$M

How does Wartsila Oyj Abp's GHG emissions intensity compare to its peers?

In 2024, Wartsila Oyj Abp reported a Scope 1 emissions intensity of 5.52 tCOâ‚‚e per millions USD. Compared to the peer group median of 6.72, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Wartsila Oyj Abp rank on GHG emissions intensity within its industry?

In 2024, Wartsila Oyj Abp ranked 11 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Wartsila Oyj Abp is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Wartsila Oyj Abp's Total Carbon Footprint

In 2024, Wartsila Oyj Abp reported a total carbon footprint of 88,994,915 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4,178.26% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Wartsila Oyj Abp's total carbon footprint was Scope 3 emissions, accounting for 99.94% of the company's total carbon footprint, followed by Scope 1 emissions at 0.04%.a

Want Full Access to Wartsila Oyj Abp's GHG Emissions Dataset?
Sign Up