Economic responsibilities

At Wallenius Wilhelmsen Logistics, we strive to contribute to the economic well-being of and have a positive impact on our stakeholders and the societies in which we operate. Our economic performance has direct and indirect impacts on all of our stakeholders.

To our customers and partners around the world, our economic responsibility entails delivering the most cost-effective transportation and logistics solutions to help them remain competitive. To our employees, our economic responsibility lies in fair wages to maintain decent standards of living; to our suppliers, in fair pay for their financial success.

Our economic responsibility also extends beyond the immediate sphere of operations to the communities in which we work. We contribute generously, both in-kind and monetarily, to charitable and environmental organisations on local, regional, national and international levels.

In an increasingly competitive global market, we continue to focus on improving operational efficiency and performance through more efficient use of resources. This helps enhance our overall performance and enables us to ensure sustainable development.

As a privately held company whose shares are not traded on the stock market, Wallenius Wilhelmsen Logistics is not required to disclose its finances. This report presents the environmental and social responsibility initiatives undertaken in 2008 to meet our obligations as signatory of the UN Global Compact.