Potential offtaker

Gestamp

www.gestamp.com

Estimated electricity consumption

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Countries of production presence

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Gestamp is a Spanish multinational company that operates in the auto parts sector. The company was founded in 1997 by Francisco Riberas and Jon Riberas, and it has since grown to become one of the leading suppliers of metal components and assemblies for the automotive industry. Gestamp has a presence in 22 countries across four continents, and it employs over 43,000 people worldwide.

Gestamp's core business is the design, development, and manufacture of metal components and assemblies for the automotive industry. The company's products include body-in-white components, chassis components, and mechanisms and systems. Gestamp's customers include some of the world's leading automakers, such as Volkswagen, General Motors, and Ford.

In recent years, Gestamp has been focusing on decarbonisation and renewable energy as part of its corporate strategy. The company has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy sources. Gestamp's commitment to decarbonisation is driven by its belief that sustainable development is essential for the long-term success of its business.

One of the ways that Gestamp is working towards decarbonisation is through its corporate energy strategy. The company has implemented a range of measures to reduce its energy consumption and increase its use of renewable energy sources. For example, Gestamp has invested in energy-efficient equipment and processes, and it has implemented energy management systems to monitor and control its energy use.

Another key element of Gestamp's corporate energy strategy is the use of corporate power purchase agreements (PPAs) for renewable energy. PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for the energy generated by the provider. Gestamp has signed several PPAs with renewable energy providers, which have enabled the company to increase its use of renewable energy and reduce its carbon footprint.

Gestamp's commitment to renewable energy is also reflected in its investment in renewable energy projects. The company has invested in several renewable energy projects, including wind farms and solar power plants, which have enabled it to generate its own renewable energy and reduce its reliance on fossil fuels.

In addition to its focus on decarbonisation and renewable energy, Gestamp is also committed to sustainability in other areas of its business. The company has implemented a range of measures to reduce its environmental impact, such as reducing waste and water consumption, and it has established a program to promote sustainable mobility.

Gestamp's commitment to sustainability has been recognised by several external organisations. The company has been included in the Dow Jones Sustainability Index for several years, and it has received awards for its sustainability performance from organisations such as the Carbon Disclosure Project and the United Nations Global Compact.

In conclusion, Gestamp is a leading supplier of metal components and assemblies for the automotive industry, with a presence in 22 countries across four continents. The company is committed to decarbonisation and renewable energy, and it has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy sources. Gestamp's focus on sustainability is driven by its belief that sustainable development is essential for the long-term success of its business, and it has implemented a range of measures to reduce its environmental impact and promote sustainable mobility.