Drives our philosophy
Sustainability is right at the heart of Siemens Gamesa Renewable Energy. It is the driving philosophy of our company, and we regard it with utmost respect.
We want Siemens Gamesa to be a global force for sustainable development, and that all our actions reflect this. However, there are many factors in the world today that represent enormous potential threats to sustainability, and dramatically affect businesses such as ours.
Climate change, water scarcity, geopolitical conflicts, resource depletion, and economic inequality – these must all be acknowledged as the challenges they are, and then they must be met and overcome.
At Siemens Gamesa we believe that sustainable development and commercial success go hand in hand. Sustainability excellence is a badge of honor, and a mark of operational and management quality.
For us, this means being a company that responds to evolving market trends. It means building a team of engaged, productive and valued employees. Above all, it means being a company that does not just respond to social progress, but aligns with and helps to lead it.
Siemens Gamesa wishes to be recognized for its distinctive business model, committed to the creation of value and sustainable development. Our vision for sustainability involves being accountable to a range of stakeholders beyond our immediate shareholders and investors.
Our company feels a strong sense of responsibility in many areas, including environmental protection, the well-being of our employees, the broader community, and civil society in general, both now and in the future. We know that the success and sustainability of our business is underpinned by a skilled workforce, a stable community and healthy environment.
For that reason, the Board of Directors of Siemens Gamesa is committed to ensuring that all our activities are carried out according to a set of values, principles, criteria and attitudes aimed at creating and sustaining value for our shareholders, employees and clients, and also for society in general.
Siemens Gamesa has joined other members of the global community who share our commitment to sustainability through corporate and social responsibility. These collaborations include:
At Siemens Gamesa, we monitor sustainability performance constantly, and take pride in having our commitment to sustainability recognized by the world’s most relevant sustainability indexes and ratings.
We are listed in the Dow Jones Sustainability Index World and Europe and ranked 4th in the machinery and electrical equipment industry out of 114 companies worldwide in 2020.
The Financial Times Stock Exchange (FTSE) included Siemens Gamesa in its FTSE4Good series, which is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices.
The Global Challenges index (GCX) included Siemens Gamesa among the 50 securities in the world which are promoting sustainable development through products and services, and actively making substantial, forward looking contributions to surmounting global challenges such as combating climate change, securing drinking water, stopping deforestation, preserving biodiversity, or combating poverty.
Siemens Gamesa ranks 1st among 25 companies within the Electric Components & Equipment sector in Europe of Vigeo Eiris. We are currently included in the following Vigeo Eiris indices: Euronext Vigeo Europe 120, Euronext Vigeo Eurozone 120, Euronext Eurozone ESG Large 80 index and Ethibel Sustainability Europe Index or ESI Excellence Europe.
Siemens Gamesa was awarded with the Platinum status the EcoVadis sustainability assessment in 2020, placing us in the top one percent of the 65,000 companies evaluated.
The Siemens Gamesa’s Consolidated Non-Financial Statement summarizes the most relevant financial and non-financial information each year. The objective of this report is to present the strategy and performance in terms of sustainability to our stakeholders.