Gestamp Automocion SA

Common Name
Gestamp Automocion
Country
Spain
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
43,897
Ticker
GEST
Exchange
BOLSA DE MADRID
Description
Gestamp Automoción S.A. is a leading global company in the design, development, and manufacture of highly engineered metal components for the automotive industry. Its primary function is to serve auto...

Gestamp Automocion's Climate Target Data Preview

As of 2024, Gestamp Automocion has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Gestamp Automocion ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2025
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Gestamp Automocion’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Gestamp Automocion’s data sources below and access millions more through our Disclosure Search.

a. Gestamp Automocion's Management report 2024
a. Gestamp Automocion's Management report 2024

Insights into Gestamp Automocion's Greenhouse Gas Emissions Pathways

As of 2024, Gestamp Automocion has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Gestamp Automocion have a target to reduce the emissions from its operations?

As of 2024, Gestamp Automocion has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Gestamp Automocion's most ambitious operational target is to reduce these emissions by 69% by 2030, compared to a baseline of 659,658 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a

As of 2024, Gestamp Automocion is ahead of schedule on its operational emissions reduction target, having achieved 60.61% of the planned reduction. a

Gestamp Automocion's Operational (Scope 1+2) Emissions Pathway

20182024202520300200 k400 k600 k800 kBaselineCurrent (-42%)Target 2030 (-69%)

Does Gestamp Automocion have a target to reduce the emissions from its value chain?

As of 2024, Gestamp Automocion has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Gestamp Automocion's most ambitious value chain target is to reduce these emissions by 22% by 2030, compared to a baseline of 9,381,714 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a

Instead of reducing value chain emissions, Gestamp Automocion has increased them, with 2024 levels exceeding those of the 2018 baseline, placing the company well behind its reduction target. a

Gestamp Automocion's Value Chain (Scope 3) Emissions Pathway

20182024203003 M6 M9 M12 MCurrent (+11%)Target 2030 (-22%)
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