Letter from the President
In 2013 we took important steps to extend and strengthen our defining culture and values, we changed our organisation in order to meet future challenges, we improved our financing sources and our debt profile and we started projects to improve our operating model.
Gestamp is an international business group dedicated to the design, development and manufacture of metal components and assemblies for the automobile industry, especially for light vehicle production.
Sustainability at Gestamp
When we talk about sustainability at Gestamp, we mean it in the broadest sense.
Sustainability at Gestamp means sustainable over time, and as such it is one of our Business Principles and we believe that to achieve it, we need to be aware of our surroundings and respond to the expectations that society and the people close by have of us. For this reason we pursue economic, environmental and social objectives equally.
We believe in long-term projects, based on honesty, effort, and developing relationships of trust and respect within the different environments in which we operate.
Economic development and business strategy
We strive to be an indispensable partner to automobile manufacturers. To achieve this, we focus our strategy on providing a comprehensive and coordinated response, having a diversified product portfolio and by investing in innovation and technology while maintaining quality and efficiency in our operations.
Commitment to people
Our firm commitment to growth through expansion into international markets was, and still is, one of the keys to Gestamp’s success. There is no doubt that without teams that are highly skilled, committed and aligned with the company’s strategic objectives and business, this growth would never have happened or would not be sustainable. As we are fully aware of this, one of our business principles focuses on this idea.
Commitment to Occupational Health and Safety
Occupational Health and Safety has been gaining importance in the Group over the years and it has become the most significant corporate policy. This result in a noticeable improvement in the working conditions at our workplaces and in people, who strive to define, implement and comply with the procedures and standards governing the day-to-day activities in our facilities.
We do not know how many serious accidents we have been able to prevent, although we do know that we still have a long way to go, and that we must increase our efforts every year.
Caring for the environment
Our added value lies in our technological and R&D capabilities to develop new products and innovative solutions. This allows us to produce lighter parts that help our customers to lower their emissions, since lighter parts mean that less fuel is consumed and fewer emissions are generated while the vehicle is being used. Climate change is integrated into our business strategy.
Involvement with society
Gestamp is a powerful driving force for local development in the communities where our manufacturing facilities are located, through job creation, contracts with local suppliers, collaboration with organisations and institutions and involvement in social initiatives.