Wärtsilä to support Crisis Management Initiat...
Wärtsilä Corporation, Press release, 4 April 2011, at 12 noon (EET)
Wärtsilä, a leading provider of power solutions to marine and energy markets,
has entered into co-operation with Crisis Management Initiative, an independent
Finnish non-profit organisation, which works to resolve conflicts and to build
sustainable peace. As lead partner, Wärtsilä supports the activities of CMI and
creates partnership programmes with CMI in selected areas across the globe.
CMI Chairman, Nobel Peace Prize laureate Martti Ahtisaari explains that
corporate support is essential for CMI to grow and become more effective. Only
with proper core funding can the organisation develop truly effective projects.
CMI specializes in resolving conflicts through peace mediation and confidence-
building measures. The aim is to consolidate peace processes and produce
lasting, sustainable peace with long-term engagement. It has ongoing operations
in Africa, the Middle East, the Black Sea region, Central Asia and Aceh,
Indonesia.
"Wärtsilä's commitment and focus on sustainability and responsible business
conduct will be strengthened through this partnership with Crisis Management
Initiative. We are honoured to join forces with CMI, which has a decade of
experience in making the world a better place by supporting conflict resolution
and creating more solid governance," says Marko Vainikka, Director,
Sustainability at Wärtsilä Corporation.
Wärtsilä has delivered power solutions to more than 160 countries. In many
developing countries Wärtsilä technology is a key element in the energy
infrastructure, and a prerequisite for economic and social development. The
lifecycle of Wärtsilä's installations often spans more than 30 years and the
company is at times bound to operate in weak governance zones. In such areas
Wärtsilä strives to contribute to building stronger governance and responsible
business conduct, and there CMI can make a difference.
Wärtsilä has a long tradition in sustainable business practices. The Wärtsilä
Code of Conduct binds all employees, and Wärtsilä has also joined the UN Global
Compact initiative. Partnering now with CMI, Wärtsilä emphasises the importance
of business responsibility and support to the societies where it operates.
Read more about CMI at www.cmi.fi
For further information, please contact:
Mr Marko Vainikka
Director, Sustainability
Wärtsilä Corporation
Tel. +358-40Â 830 7782
marko.vainikka@wartsila.com
Mr Atte Palomäki
Group Vice President, Communications & Branding
Wärtsilä Corporation
Tel. +358-40Â 547 6390
atte.palomaki@wartsila.com
Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine
and energy markets. By emphasising technological innovation and total
efficiency, Wärtsilä maximises the environmental and economic performance of the
vessels and power plants of its customers. In 2010, Wärtsilä's net sales
totalled EURÂ 4.6 billion with more than 17,500 employees. The company has
operations in 160 locations in 70 countries around the world. Wärtsilä is listed
on the NASDAQ OMX Helsinki, Finland.
www.wartsila.com
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Source: Wärtsilä Oyj Abp via Thomson Reuters ONE
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