Gestamp Automocion SA

Lobbying Governance

AI Extracted Evidence Snippet Source

## 5. Monitoring performance in the implementation of the principles, associated risks and their management

The Sustainability Committee, in accordance with article 42 of the Regulations of the Board of Directors of Gestamp, is responsible for proposing, supervising, reviewing and ensuring compliance with sustainability policies regarding environmental, social and corporate governance matters. In this regard, with the assistance of the Group's ESG Department, the Sustainability Committee supervises that the Company's environmental, social and corporate governance practices are aligned with the Group's strategy and policies.

On the other hand, in accordance with article 40 of the Regulations of the Board of Directors of Gestamp, the Audit Committee is responsible for periodically supervising, assessing and reviewing the efficacy of internal control and financial and non-financial risk management systems, so that the main risks are adequately identified, managed and reported, receiving support in this supervisory task from the Internal Audit and Risk Management Department. In supervising non-financial risks, the Audit Committee also has the support of the Sustainability Committee for all ESG-related risks.

[...] ## 6. Channels for stakeholder communication, participation and dialogue

Gestamp aims to create long-term value for its stakeholders by focusing on the way it interacts with society and the environment, seeking to create bonds and prioritising the development of direct lines of dialogue and communication to promote a cooperative space in which it is possible to express concerns. For this reason, Gestamp provides its stakeholders with various communication channels:

- **Employees: Corporate Intranet, internal newsletters, suggestion boxes, whistleblowing** channel, performance appraisal tool, social media and direct contact with the Human Resources Department at the work centres.

- **Customers: Customer platforms, regular meetings and audits, co-designs, customer events,** industry events and daily operational contact at each production site.

- **Suppliers: Digital platform for suppliers, contractual specifications, special collaborations,** recurrent meetings and direct local contact.

- **Regulatory Bodies: Lobbying; national, international and sector-specific association events.**

- **Financial Community: Conferences,** _Roadshows,_ _Site Visits, meetings,_ _ad-hoc calls,_ questionnaires, Capital Markets Day, active participation in ESG rating assessments, reports and conference calls on quarterly financial results.

- **Civil Society and Opinion Makers: Press releases and social media; participation in industry** forums, talks and events; social action and volunteer work.

https://www.gestamp.com/Gestamp11/media/GestampFiles/Sustainability/Politics/EN/2024_02_27-ESG-Policy.pdf?ext=.pdf

All of this structured in a strong governance model supported by the Board of Directors, the ESG Commission and the ESG Committee, which ensure that sustainability is addressed comprehensively and effectively throughout the organisation. What's more, the new regulatory requirements on transparency, such as the CSRD, serve as a tool to be able to show the market how sustainability has always been part of Gestamp. [...] Consolidated the process by which the ESG Department reports directly to the company's executive chair [...] ESG Committee meetings, chaired by the Executive Chair and attended by representatives of the company's senior management [...] Responsible for establishing the level of ambition and defining the areas of the strategic plan and ensuring its achievement. [...] Body responsible for approving the Strategic Plan and monitoring its achievement.

https://www.gestamp.com/Gestamp11/media/GestampFiles/Sustainability/Sustainability%20Report/2023/Informe-Anual-2023-Gestamp-ENG-Final.pdf?ext=.pdf

Attach commitment or position statement(s)[…]Gestamp holds the Vice-presicency of the Environmental Community at AEC association.

CDP Questionnaire Response 2022

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]During 2021 Gestamp has participated in specific sessions and working groups about GHG emissions jointly with customers, providers and policy makers acting as an "industry voice" in the development of new legislation and guidelines for the management of climate change in our business. Gestamp coordinates the Working Group about Energy Efficiency at AEC (Spanish Association for Quality) where we compile and publish all the best practices implemented about this issue, closely related to CO2 emissions, in different industrial sectors. Furthermore, we report the results of this work. Additionally, Gestamp is participating as company of reference at the European Commission in the working group "Best Environmental Practice in Car manufacturing" in the publication of International Best Practices Reference Document for the automotive sector. The publication includes some best practices about Energy Efficiency and subsequently, CO2 emissions reduction.

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

CDP Questionnaire Response 2023