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Wärtsilä is committed to decarbonizing the shipping and energy sectors, led by CEO Håkan Agnevall. The company operates in two industries: marine (60% of business) and energy (40%). It is focusing on developing engines capable of using ammonia, hydrogen, and green methanol.

However, challenges include the need for infrastructure capable of supplying zero-carbon fuels and regulatory pressures. Wärtsilä has invested €250m in its Sustainable Technology Hub in Finland to promote innovation and collaboration, aiming to create a viable ecosystem for low-carbon operations. The company is also forming new partnerships to enhance fuel production and infrastructure globally.