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Gestamp Automocion SA

ISIN: ES0105223004 | Spain | Europe
Score 1 - Limited
Full assessment

Gestamp Automocion SA articulates a sustainability governance structure in which its "ESG Department reports directly to the company's executive chair" and board-level bodies - including the Sustainability Committee, which "supervises that the Company's environmental, social and corporate governance practices are aligned with the Group's strategy and policies" - drive oversight of its ESG agenda. The company also describes specific processes for ensuring its advocacy aligns with climate goals, highlighting that it acted as an "industry voice" in joint working groups with customers, providers and policymakers on GHG legislation, coordinates the AEC Working Group on Energy Efficiency, and holds the "Vice-presidency of the Environmental Community at AEC association." Gestamp further confirms a public commitment to conduct engagement "in line with the goals of the Paris Agreement." However, the company does not disclose any dedicated review or audit of its climate lobbying activities, no formal sign-off or alignment procedure for direct or indirect lobbying positions, nor does it identify a responsible individual or subcommittee specifically tasked with overseeing its lobbying governance, indicating that oversight of its lobbying is not clearly defined or documented.

This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in Europe or all companies in Spain.