Gestamp Automocion SA

Common Name
Gestamp Automocion
Country
Spain
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
40,032
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 GHG Emissions Data Preview

In 2023, Gestamp Automocion completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Gestamp Automocion has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Gestamp Automocion's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Gestamp Automocion amounted to 592,104 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Gestamp Automocion increased by 19.45%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Gestamp Automocion's Scope 1 Emissions Over Time

202120222023055 k110 k165 k220 ktCO2e-5%0%
  • Total Scope 1
  • Year-over-Year Change

What are Gestamp Automocion's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Gestamp Automocion were 198,281 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Gestamp Automocion reduced its Scope 1 emissions over time?

Since 2021, Gestamp Automocion's Scope 1 emissions have decreased by 5.18%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Gestamp Automocion's Scope 1 emissions remained relatively stable, indicating that Gestamp Automocion's emissions have plateaued with no significant change in its operational footprint.

What are Gestamp Automocion's Scope 2 emissions?

In 2023, Gestamp Automocion reported Scope 2 greenhouse gas (GHG) emissions of 295,928 tCOâ‚‚e using the market-based method, and 393,823 tCOâ‚‚e using the location-based method.

What methodology does Gestamp Automocion use for Scope 2 reporting?

In 2023, Gestamp Automocion reported its Scope 2 emissions using the market-based method and using the location-based method.

Gestamp Automocion's Scope 2 Emissions Over Time

2021202220230100 k200 k300 k400 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Gestamp Automocion's Value Chain Emissions

In 2023, Gestamp Automocion reported 10,232,475 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Gestamp Automocion includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Gestamp Automocion's Scope 3 Emissions Over Time

20212022202303 M6 M9 M12 MtCO2e-11%+19%
  • Total Scope 3
  • Year-over-Year Change

What are Gestamp Automocion's Scope 3 emissions?

In 2023, Gestamp Automocion reported total Scope 3 emissions of 10,232,475 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 86.09% of these emissions originated from upstream activities such as purchased goods and capital goods, while 13.91% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Gestamp Automocion reduced its Scope 3 emissions over time?

Since 2021, Gestamp Automocion's Scope 3 emissions have remained relatively stable, indicating that Gestamp Automocion 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), Gestamp Automocion's Scope 3 emissions increased by 18.51%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Gestamp Automocion disclose?

In 2023, Gestamp Automocion reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Gestamp Automocion's Scope 3 emissions?

In 2023, the largest contributors to Gestamp Automocion's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 7,963,187 tCOâ‚‚e (77.82%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 1,383,821 tCOâ‚‚e (13.52%)
  • Capital Goods (Cat. 2): 391,885 tCOâ‚‚e (3.83%)

Gestamp Automocion's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(3.8%)Purchased Goods andServices (Cat. 1)(77.8%)End-of-LifeTreatment of SoldProducts (Cat. 12)(13.5%)

Insights into Gestamp Automocion's Total Carbon Footprint

In 2023, Gestamp Automocion reported a total carbon footprint of 10,824,579 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18.57% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Gestamp Automocion's total carbon footprint was Scope 3 emissions, accounting for 94.53% of the company's total carbon footprint, followed by Scope 2 emissions at 3.64%.