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Reported by Siemens Gamesa Renewable Energy on 13 September 2018

Siemens Gamesa, once again confirmed member of the Dow Jones Sustainability Indices World

  • It is the ninth time that Siemens Gamesa is part of this index, and for the third year in a row
  • Siemens Gamesa is the only Spanish company in the category Machinery and electrical equipment

(Courtesy of Siemens Gamesa Renewable Energy, S.A.)

Siemens Gamesa Renewable Energy keeps constituent member, again this year, of the Dow Jones Sustainability World Indices (DJSI World), which tracks the economic, social and environmental performance of leading sustainability-driven companies worldwide. This is the ninth occasion the company has been selected for this index andhe third year in a row. Additionally it was included in the European index (Dow Jones Sustainability Indices Europe, DJSI Europe).

Siemens Gamesa is the only Spanish company included within the machinery and electrical equipment category (IEQ), which comprises a total of 116 companies from all over the world.

Moreover, Siemens Gamesa scored particularly well in the areas of Corporate Governance, codes of business conduct, Corporate citizenship & philanthropy, Supply chain management, Operational Eco-efficiency and Product stewardship. These results definitely place Siemens Gamesa as a reputed global sustainability leader in the eyes of stakeholders, financial analysts and the public at large.

Following this last rebalancing exercise corresponding to 2018, the DJSI World is made up of 317 companies.

Created in 1999, the index selects and tracks the performance of world-leading companies in the sustainability field. Managed by S&P Dow Jones Indices and RobecoSAM, in 2018 the invited universe consisted of the 2,500 largest-cap companies comprising the S&P Global BMI (broad market index); ultimately a little over 10% of the assessed universe with the most sustainable economic, social and environmental policies and initiatives was selected. The index in turn allows investors to invest in superior business models that are likely to remain attractive for the long haul. On the other hand, this process offers to companies’ insights highlighting opportunities and risks deriving from economic, environmental and social trends and developments that may have an impact on their competitive position.

Siemens Gamesa is a member of other globally reputed sustainability indexes such as FTSE4Good, Ethibel Sustainability Index or Global Challenges Index, among others.

References

[1]

Siemens Gamesa Renewable Energy, S.A. Press release - Siemens Gamesa, once again confirmed member of the Dow Jones Sustainability Indices World. URL: https://www.siemensgamesa.com/en-int/newsroom/2018/09/20180913-index-dow-jones-s.... [Date Accessed: 01/10/2018].

Business & Finance

06 Nov | Siemens Gamesa meets guidance for FY 2018 and reaches net income of €70 million on revenue of €9.1 billion

  • EBIT margin(1) at 7.6% with a sound balance sheet, returning to a net cash position of €615 million
  • Strong performance in Q4: revenue growth to €2,619 million (+12% YoY) and EBIT margin(1) at 8.2%
  • Peak backlog of €22.8 billion (+10% YoY), boosted by stable order intake of €11.8 billion (+9% YoY), securing future growth
  • Ready for the next phase of the company program L3AD2020, after achieving productivity improvements of €800 million, including €175 million in synergies
  • Guidance set for FY 2019: revenues of €10-11 billion, EBIT margin(1) of 7-8.5% and on track to meet FY 2020 targets based on financial framework launched at CMD

31 Oct | Siemens Gamesa secures 176.8 MW order from ReNew Power for two wind projects in India

  • SGRE will supply, erect and commission 48 units of SG 2.1-122 and 38 units of SG 2.0-114 wind turbines

Health, Safety & Environment

29 Oct | Siemens Gamesa launches new employee-driven social action initiative

  • Siemens Gamesa launches a company-wide employee-driven social action initiative to bring positive change to the communities in which it operates
  • Eight projects in seven different countries were chosen for 2018/19

Order

25 Oct | Siemens Gamesa awarded order for 198.5 MW wind project in Kansas, USA

  • Scope includes supply of 48 SG 3.4-132 and 14 SWT-2.3-108 wind turbines for Southern Power and a 20-year service and maintenance agreement