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.