Gestamp

Gestamp, headquartered in Spain, reported total emissions of approximately 13.5 billion kg CO2e in 2024. This included approximately 195.6 million kg CO2e from Scope 1 emissions, about 255.7 million kg CO2e from Scope 2 (market-based), and approximately 13.05 billion kg CO2e from Scope 3 emissions.

For 2023, total emissions were around 10.73 billion kg CO2e, comprising approximately 198.3 million kg CO2e (Scope 1), about 295.9 million kg CO2e (Scope 2 market-based), and roughly 10.23 billion kg CO2e (Scope 3). In 2022, total emissions stood at approximately 9.13 billion kg CO2e, with Scope 1 emissions of around 197.9 million kg CO2e, Scope 2 (market-based) emissions of about 297.8 million kg CO2e, and Scope 3 emissions of approximately 8.63 billion kg CO2e.

Looking forward, Gestamp has set several ambitious climate commitments. The company aims to reduce its Scope 1 and 2 emissions to near zero by the middle of this decade (between 2023 and 2025). Furthermore, Gestamp has committed to an absolute reduction target of 30% for Scope 1 and Scope 2 GHG emissions by 2030, using a 2018 baseline. For Scope 3 emissions, specifically from purchased goods and services and fuel and energy-related activities, Gestamp aims for a 22% absolute reduction by 2030, also from a 2018 baseline. These targets have been validated by the Science Based Targets initiative (SBTi) for Gestamp S.A., demonstrating consistency with reductions required to keep warming to well-below 2°C.