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Gamesa

Industry:utilities ISIN:ES0143416115 Country:ES CRR:A-

Company Profile:
Spanish group Gamesa (formerly Grupo Auxiliar Metalúrgico) is a major player in the renewable energy sector. Its three divisions promote and run wind farms worldwide, manufacture wind turbines and provide services to the renewable energy sector.


Strengths/weaknesses profile:
Strengths:
  • detailed sustainability reporting following GRI guidelines
  • commitment to the principles of the UN Global Compact

Weaknesses:
  • lack of transparency regarding standards of business ethics


Reasons for inclusion in the Index:
Gamesa is one of the world’s largest suppliers in the field of renewable energies. The company stands as a model for the conversion of a technology company from conventional (aircraft construction) to sustainable products.