Social performance Last Modified 13.05.2008

Social performance

Human rights

Wärtsilä supports and respects basic human values as outlined in the UN’s Universal Declaration of Human Rights.

Wärtsilä’s employees represent 102 different nationalities, and the company supports equal treatment of all its employees irrespective of race, colour, nationality, gender, age or religion. The company’s employees are selected on their qualification and competence for each specific job. Programmes and instructions related to promoting equal rights are applied in the subsidiaries.

Wärtsilä supports the work-related rights defined by the International Labour Organization (ILO) and therefore works to ensure there is freedom of association and the right to collective bargaining in the company. In those countries where local legislation does not recognize these rights, Wärtsilä endeavours to give employees other channels for expressing their opinions. Wärtsilä does not accept the use of forced labour or child labour in any form.

Wärtsilä is unaware of any cases of breach of human rights, discrimination, infringements of rights at work, or the use of forced or child labour.

Since Wärtsilä expects its partners and suppliers to act in compliance with its Code of Conduct, similar measures will also apply to them. The company sets common requirements for its suppliers and regularly monitors conformance with these requirements through numerous performance indicators and audits. All the company’s main suppliers are required to comply with Wärtsilä’s requirements in order to gain Approved Supplier status.

Wärtsilä assesses all companies in conjuction with mergers and acquisitions. The integral part of these due diligence assessments is compliance with relevant

Code of Conduct