3.6.2006: Meldung: Gamesa Corp. Tecnolgica S.A.: recognized as "in accordance" by GRI
GAMESA’S ANNUAL REPORT 2005 IS RECOGNIZED AS "IN ACCORDANCE" BY GRI
· The recognition "In Accordance" is the highest global accolade for the drafting of Corporate Social Responsibility reports.
· Gamesa has positioned itself as one of the world’s most committed companies in terms of Corporate Social Responsibility (CSR) and Sustainable Development.
Vitoria-Gasteiz, 02 June 2006. Global Reporting Initiative (GRI), an independent international institution that has drawn up the main guidelines for the drafting of Corporate Social Responsibility reports has, for the second year running, expressed its opinion of in accordance regarding Gamesa Corporación Tecnológica’s Annual Report, on this occasion corresponding to 2005.
The recognition of in accordance is the highest global accolade for the drafting of Corporate Social Responsibility reports.
GRI was set up in 1997 to foster the drafting of Sustainability Reports on the basis of common standards for all organizations.
Gamesa’s Annual Report 2005, which is noteworthy for being the company’s Integrated Report, follows the guidelines and recommendations laid down by GRI, fulfilling mandatory requirements on the information to be provided for the declaration of in accordance.
This declaration constitutes a major boost for this technology company’s policies on Corporate Social Responsibility and reinforces its pledges in the social, economical and environmental spheres.
In 2004, Gamesa took a qualitative step forward in the drafting of its annual report and in the way it presented the company’s core data and information. The fact that it also presented an in accordance report the prior year places Gamesa on the international stage amongst those companies that have integrated Corporate Social Responsibility within their management.
Furthermore, and with a view to furthering the company’s commitment to effect timely and detailed reporting on its performance to all stakeholders, Gamesa continues to work on the development of internal measures and policies that enable it to ensure the accuracy, completeness and veracity of the information submitted to such groups, pre-empting the minimum requirements set forth in GRI’s new "G3" version. In order for its report to attain the utmost compliance with these guidelines, the main modification made to its Corporate Social Responsibility report has been the verification of the information it contains by an independent body.
This verification, a first for the company, has been undertaken by KPMG Asesores and has been performed as per the International Standard for Assurance Engagements (ISAE 3000), with a successful outcome for Gamesa.
Gamesa has positioned itself as one of the world’s most committed companies in terms of Corporate Social Responsibility (CSR) and Sustainable Development, as acknowledged by its inclusion in worldwide indices, such as "Footsie4Good", "Global 100" or, more recently, "KLD Global Climate 100 Index", in addition to the aforementioned expression of in accordance by GRI.
"If I could only use two words to define the core reality of Gamesa, I would simply describe it as a responsible company: in other words, a corporation that undertakes and completes projects with scientific, social, financial and environmental responsibility, embracing its duty to respond to shareholders and employees, to customers and suppliers, to its local and global environment, and to present and future generations", affirmed its chairman, Alfonso Basagoiti, at the recent AGM.
Gamesa is a corporation that focuses its business on the field of renewable energy, especially wind power, and thereby makes a significant contribution to sustainable development. Accordingly, Gamesa plays an important role in providing society with environmental benefits, as the output of the equipment the company has manufactured and installed up to 31 December 2005 amounted to 7,547 MW, which means a saving of 1,622,605 Tons of Equivalent Oil (TOE)/year and avoids the atmospheric emission of 11,320,500 tons of CO2/year.