Wartsila Oyj Abp

Country
Finland
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
17,553
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
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Wartsila Oyj Abp's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Wartsila Oyj Abp amounted to 56,915 metric 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).

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

Wartsila Oyj Abp's Scope 1 Emissions Over Time

2018201920202021202220232024015 k30 k45 k60 ktCO2e-6%-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).

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

Since 2018, Wartsila Oyj Abp's Scope 1 emissions have decreased by 38.17%, reflecting a declining long-term trend in Scope 1 emissions over time.

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.

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.

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

Since 2018, Wartsila Oyj Abp's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 58.08%, reflecting a declining long-term trend in Scope 2 emissions over time.

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.

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.

Wartsila Oyj Abp's Scope 2 Emissions Over Time

2018201920202021202220232024020 k40 k60 k80 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.

The 2024 disclosure of Wartsila Oyj Abp includes a breakdown across 5 of 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 chain

Wartsila Oyj Abp's Scope 3 Emissions Over Time

2018201920202021202220232024025 M50 M75 M100 MtCO2e-21%+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).

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.

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

Since 2018, Wartsila Oyj Abp's Scope 3 emissions have increased by 43,475.7%, reflecting a rising long-term trend in Scope 3 emissions over time.

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.

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.

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:

  • 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 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.

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%.

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