Siemens Gamesa Renewable Energy (GCTAF)

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Impact Scorecard
About

Overall impact

A (96)

Commentary

Siemens Gamesa Renewable Energy is a leader for overall positive impact. With an 'A' rating of 96.2 for overall impact (99th percentile compared to all companies), Siemens Gamesa Renewable Energy ranks 1st out of 70 industry peers, ahead of Unirac, ION Solar, Sky Solar and 66 others. On top material causes for Siemens Gamesa Renewable Energy's industry (Alternative Energy), Siemens Gamesa Renewable Energy performs well in Fair Labor Practices (92.1 score), Healthy Oceans (95.9), Renewable Energy Growth (96.9) and 10 other causes where it received an 'A' score and performs poorly in Racial Justice and Civil Rights (33.9 score).

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Screens

Advertising
Alcohol
Alcohol - responsible marketing
Animal treatment
Anti-abortion support
Anti-personnel mines
Antisemitism
Arctic drilling
Banned pesticides and chemicals
Biological and chemical weapons
Cannabis
Carbon emissions intensity
Child safety
Cluster munitions
Coal
Contraceptives
Controversial weapons
Deforestation - financing
Deforestation - supply chain
Depleted uranium
Discrimination controversies
Electrical utility
Endangered wildlife
Environmental controversies
EU sanctions list
Factory farming
Fast food
Firearms
Food commodity derivatives
For-profit health care
Fossil fuel
Fur
Gambling
Genetic engineering
Health-related controversies
Human rights controversies
Human trafficking
ILO Conventions
Interest-based products
Interest-bearing debt
Interest-bearing securities
Iran
Land use and biodiversity
Military contracting
Misleading communication
Music
Myanmar
Non-sustainable palm oil
Norges Bank exclusion list
Northern Ireland (Macbride)
North Korea
No SBTI commitment
Nuclear
OECD Guidelines
Oil and gas
Opioid controversies
Oppressive governments
Palestinian human rights
Pharma controversies
Pork
Pornography
Predatory lending
Prison involvement
Privacy breaches
Pro-life
Russia
Single-use plastic
Stem cell research
Sudan
Sugar
Syria
Tar sands
Thermal coal
Tobacco
Tobacco - GICS
UK sanctions list
Undermining US elections
UN Global Compact
UN Guiding Principles
US OFAC sanctions list
Weapons

Impact

Cause			GCTAF

Peer rank

Overall impact

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Screens

Advertising
Alcohol
Alcohol - responsible marketing
Animal treatment
Anti-abortion support
Anti-personnel mines
Antisemitism
Arctic drilling
Banned pesticides and chemicals
Biological and chemical weapons
Cannabis
Carbon emissions intensity
Child safety
Cluster munitions
Coal
Contraceptives
Controversial weapons
Deforestation - financing
Deforestation - supply chain
Depleted uranium
Discrimination controversies
Electrical utility
Endangered wildlife
Environmental controversies
EU sanctions list
Factory farming
Fast food
Firearms
Food commodity derivatives
For-profit health care
Fossil fuel
Fur
Gambling
Genetic engineering
Health-related controversies
Human rights controversies
Human trafficking
ILO Conventions
Interest-based products
Interest-bearing debt
Interest-bearing securities
Iran
Land use and biodiversity
Military contracting
Misleading communication
Music
Myanmar
Non-sustainable palm oil
Norges Bank exclusion list
Northern Ireland (Macbride)
North Korea
No SBTI commitment
Nuclear
OECD Guidelines
Oil and gas
Opioid controversies
Oppressive governments
Palestinian human rights
Pharma controversies
Pork
Pornography
Predatory lending
Prison involvement
Privacy breaches
Pro-life
Russia
Single-use plastic
Stem cell research
Sudan
Sugar
Syria
Tar sands
Thermal coal
Tobacco
Tobacco - GICS
UK sanctions list
Undermining US elections
UN Global Compact
UN Guiding Principles
US OFAC sanctions list
Weapons

Impact trend

Change in rating for overall impact

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Company

Founded

1976

Employees

28,151

Sector

Utilities

Industry

Independent Power and Renewable Electricity Producers

Sub-industry

Renewable Electricity

SASB industry

Wind Technology & Project Developers

Headquarters

Spain

Share classes

GCTAF

GCTAY

ADR

More info

https://www.siemensgamesa.com

Mission

We make real what matters – clean energy for generations to come.

Description

Siemens Gamesa Renewable Energy, S.A., together with its subsidiaries, supplies wind power solutions in Europe, the Middle East, Africa, the Americas, Asia, and Australia. It operates through two segments, Wind Turbines; and Operation and Maintenance. The Wind Turbines segment offers wind turbines for various pitch and speed technologies, as well as provides development, construction, and sale of wind farms. The Operation and Maintenance segment engages in the management, monitoring, and maintenance of wind farms. It has a total installed capacity of approximately 127 gigawatts. The company was formerly known as Gamesa Corporación Tecnológica, Sociedad Anónima and changed its name to Siemens Gamesa Renewable Energy, S.A. in May 2017. The company was incorporated in 1976 and is headquartered in Zamudio, Spain. Siemens Gamesa Renewable Energy, S.A. operates as a subsidiary of Siemens Energy Global GmbH & Co. KG.

Material causes

Ethos considers the following causes material for Siemens Gamesa Renewable Energy, based on its industry sub-industry Renewable Electricity . Learn more about material causes in our methodology overview.

Accountable institutions

Build accountable and inclusive institutions at all levels

Affordable, safe housing

Ensure access to affordable, safe housing and living conditions for all

Clean water access

Ensure availability of clean, safe water for all

Conflict-free mineral production

Reduce violence in the production of minerals

Decent, safe work opportunities

Promote full and productive employment for all, in safe work environments

Disaster readiness and effective aid

Be prepared for natural disasters and provide effective aid when disasters happen