Climate Change Data

Gestamp Automoción S.A.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:10,726,684 tCO2e/year
Scope 1 Emissions:198,281 tCO2e/year
Scope 2 Emissions:295,928 tCO2e/year
Scope 3 Emissions:10,232,475 tCO2e/year
Renewable Energy Share:25% of total energy use
Total Energy Consumption:6,917,665 GJ/year
Water Consumption:1,753,550 m3/year
Waste Generated:56,490 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Circular Economy
  • Business Conduct
  • Product Innovation and Quality
  • Responsible Supply Chain
  • Occupational Health and Safety
  • Water
  • Own Workforce

Environmental Achievements

  • -25.1% reduction in scope 1 and 2 emissions (compared to 2018)
  • 37% renewable energy consumed
  • Alliances with scrap management suppliers to promote circularity
  • Agreements with Tata Steel, SSAB, and ArcelorMittal to promote low-emission steel

Social Achievements

  • Developed around 229 initiatives with 464,827 beneficiaries
  • 28 hours of training per employee
  • Global Diversity and Inclusion Plan
  • 27% of new female hires

Governance Achievements

  • ESG risk assessment and management
  • ESG training for 100% of Gestamp employees by 2023
  • Deployment of the third-party due diligence policy in more than 60% of countries (80% of total turnover)
  • Implementation of Human Rights due diligence program

Climate Goals & Targets

Long-term Goals:
  • Climate Neutral by 2050
Medium-term Goals:
  • Climate Neutral by 2030
  • 70% of the group’s social contribution will be social action
Short-term Goals:
  • 45% reduction of tCO2e in scopes 1 & 2 in 2025
  • 62% of the energy used by Gestamp in 2025 will be renewable
  • 100% supplier audits include ESG criteria
  • 70% of the awarded suppliers will be within the scores (>50 ESG points)

Environmental Challenges

  • Supply chain disruptions due to geopolitical risks and persistently high core inflation
  • Volatility in green/low carbon steel prices
  • Difficulty in accessing secondary raw materials with sufficient quality guarantees
  • Lack of alignment of corporate policies applied to the supply chain with new regulations
Mitigation Strategies
  • Developed alternative sourcing strategies (agreements with Tata Steel, SSAB, and ArcelorMittal)
  • Implemented a disciplined capex strategy to capture future growth
  • Further implemented efficiency improvements
  • Reinforced its flexibility to mitigate potential volatility
  • Focusing on the NAFTA region restructuring plan
  • ESG risk assessment and management
  • ESG training for suppliers with low ESG performance
  • ESG specifications included in purchasing contracts

Supply Chain Management

Supplier Audits: 100% (target for 2025)

Responsible Procurement
  • ESG criteria for suppliers
  • ESG specifications included in purchasing contracts
  • Conflict Minerals Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Temperature variability
Transition Risks
  • Variation in resource availability
  • Transition to low-emission technologies
Opportunities
  • Cost savings from renewable energy use
  • Ecodesign and circular economy
  • Electric vehicle market

Reporting Standards

Frameworks Used: GRI, CSRD, ESRS, TCFD, UN Global Compact, SBTi

Certifications: ISO 14001, ISO 45001, AENOR Zero Waste, AENOR Circular Economy Strategy Management Model

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 1
  • SDG 2
  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 6
  • SDG 7
  • SDG 8
  • SDG 9
  • SDG 10
  • SDG 11
  • SDG 12
  • SDG 13
  • SDG 15
  • SDG 16
  • SDG 17

Gestamp utilizes its business activities to maximize its contribution to the United Nation's Sustainable Development Goals, with this being possible mainly thanks to its commitment to sustainable industry, the circular economy, employment creation and the fight against climate change.

Sustainable Products & Innovation

  • GES-GIGASTAMPING™
  • GES-ENERCONT™
  • Electric battery box
  • Chassis components integrating new electric motors
  • Door number Rings manufactured by hot stamping

Awards & Recognition

  • VW Awards
  • CAAR, FJRM and RSC Awards
  • EnerTIC Award
  • Stellantis Awards
  • FJRM Motor Star Award