Gamesa Corporacion Tecnologica S.A. Sustainability Profile
Gamesa Corporación Tecnológica S.A., commonly known as Gamesa, is a leading player in the renewable energy sector, headquartered in Spain. Founded in 1976, the company has established a strong presence in wind energy, focusing on the design, manufacture, and maintenance of wind turbines. With significant operations across Europe, Asia, and the Americas, Gamesa has become synonymous with innovation in sustainable energy solutions. The company’s core offerings include a diverse range of wind turbine models, tailored to meet the specific needs of various markets. Gamesa's commitment to technological advancement and efficiency sets it apart, enabling it to maintain a competitive edge in the global wind energy landscape. Notably, Gamesa has achieved significant milestones, including the installation of thousands of wind turbines worldwide, solidifying its position as a key contributor to the transition towards renewable energy.
DitchCarbon Score
How does Gamesa Corporacion Tecnologica S.A.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Gamesa Corporacion Tecnologica S.A.'s score of 55 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gamesa Corporacion Tecnologica S.A., headquartered in Spain, currently does not report specific carbon emissions data. However, the company has made significant climate commitments through its subsidiary, Siemens Gamesa Renewable Energy S.A. Siemens Gamesa has set ambitious targets to reduce its Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 70% per megawatt (MW) installed by 2025, using 2017 as the base year. Additionally, the company aims to ensure that 30% of its suppliers, based on spend for purchased goods and services, as well as transportation and distribution, will have science-based targets by 2025. Furthermore, Siemens Gamesa is committed to increasing its annual sourcing of renewable electricity from approximately 58% in 2017 to 100% by 2025. These commitments are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit warming to 1.5°C. The targets reflect a comprehensive approach to sustainability, focusing on both direct emissions and those associated with the supply chain. The emissions data and climate initiatives are cascaded from Siemens Gamesa Renewable Energy S.A., which operates under the broader corporate structure of Gamesa Corporacion Tecnologica S.A. This strategic alignment underscores the company's commitment to addressing climate change and enhancing its environmental performance.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 10,808,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 35,085,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
How Carbon Intensive is Gamesa Corporacion Tecnologica S.A.'s Industry?
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Gamesa Corporacion Tecnologica S.A.'s Scope 3 Categories Breakdown
Gamesa Corporacion Tecnologica S.A.'s Scope 3 emissions, which increased by 417% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 84% of Scope 3 emissions.
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Gamesa Corporacion Tecnologica S.A.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Gamesa Corporacion Tecnologica S.A. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
