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Summary Annual Report 2011 - Gamesa

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community<br />

<strong>Gamesa</strong> wishes to contribute to improving living<br />

standards and creating wealth, through its own products<br />

and services, by launching new business activities, and<br />

by promoting economic and social development through<br />

non-business channels.<br />

<strong>Gamesa</strong>'s strategy vis-à-vis the community is based on:<br />

sensitivity to social change in order to better<br />

understand how the needs of society in general evolve<br />

and thus anticipate future demands<br />

a systematic free flow of truthful information about its<br />

activities to generate a climate of trust and credibility<br />

respect for the environment, complying with prevailing<br />

law and collaborating to preserve and improve the<br />

environment<br />

Creating jobs by leading new competitive business<br />

ventures<br />

supporting the development of disadvantaged groups<br />

and sectors<br />

Contributing to raising the scientific and technological<br />

standards of our society by supporting research<br />

and promoting the use of environmentally-friendly<br />

technologies and methods<br />

Collaborating with institutions as a platform of action<br />

for the community’s improvement and development.<br />

this sensitivity translates into activities for the<br />

development of the socio-economic environments in<br />

which the company operates, through community support<br />

projects and programmes.<br />

<strong>Gamesa</strong>'s relations with society include commitments<br />

to respect the prevailing legislation and avoiding any<br />

behaviour which, though not in breach of the laws of<br />

the countries where it operates, contravenes the ethical<br />

values, principles and behaviour set forth in the Code of<br />

Conduct. accordingly, <strong>Gamesa</strong> has developed regulations<br />

against fraud and has implemented mechanisms such as<br />

the regulation on the prevention of conflicts of interest,<br />

corruption and bribery.<br />

the creation of sustainable employment, contributing to<br />

the development of local supply chains that enrich the<br />

socio-economic fabric in the area, and compliance with<br />

environmental regulations, are some of the company's<br />

contributions to social development. to develop local<br />

procurement, <strong>Gamesa</strong> engages in employer branding<br />

actions by participating in employment fairs and forums<br />

and promoting itself in universities.<br />

<strong>Gamesa</strong> invested 117 million euro in r&D. During the<br />

year, it received 10.8 million euro in r&D subsidies from<br />

european, national and regional authorities, in addition to<br />

12.8 million euro in low-interest loans.<br />

investing in the community<br />

<strong>Gamesa</strong> influences the communities where it operates<br />

above and beyond its business operations, and this is<br />

extended into a long-term commitment.<br />

in <strong>2011</strong>, these activities were especially notable in india<br />

and brazil, where <strong>Gamesa</strong> launched initiatives in the areas<br />

of health, education, and care for the environment.<br />

<strong>Gamesa</strong> also conducted other development aid<br />

programmes aimed at mitigating socio-economic<br />

deficiencies in depressed areas and in <strong>2011</strong> it allocated<br />

funds to carry out projects of this kind in tamil nadu and<br />

anantapur (india), as well as in são paulo and belém<br />

(brazil). these projects benefit from funding under the<br />

“you choose, you decide” programme set up by the<br />

navarra savings bank (Caja de ahorros de navarra - Can).<br />

<strong>Gamesa</strong> > <strong>2011</strong> annual report > sustainability 189

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