With over 67 years in the market, Gonvarri Industries is a leading group in the processing of flat steel, aluminium and other metal solutions, with seven business lines and a highly collaborative organisation with a global presence in 27 countries.
The company is distinguished by its strong industrial culture and constant innovation in the design, manufacturing, assembly, distribution and installation of metal solutions. Its value proposition is based on adapting to the needs of each customer with a commitment to excellence and continuous improvement.
Sustainability forms part of the management model, focused on the objectives of safety, health, quality, and respect for people and the environment, with the aspiration to build a more sustainable future with fewer inequalities.
Gonvarri strives to grow as a solid and responsible company, upholding the values of Honesty, Humility, Perseverance and Hard Work established by its founder. Our ethical and business values inspire our purpose: “Doing Well by Doing Good”, convinced that only by acting correctly and consistently can we achieve excellence.



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Relationships with the various stakeholders are a key aspect at Gonvarri Industries. For this reason, since 2013, these relationships have been analysed and updated to improve coverage, gain a better understanding of stakeholders’ expectations, and tailor the content of the Report to their main requirements in the ESG (Environmental, Social and Governance) areas.
Gonvarri Industries has specific communication channels for each identified stakeholder group. Communication is two-way and does not follow a set frequency, as the requirements of each stakeholder group differ.
Given that Gonvarri Industries’ products represent an intermediate stage in the final product’s value chain, external perception and media presence are low. Consequently, the company considers the most relevant stakeholders, and those with the greatest impact on its operations, to be: Management, Employees, Customers and Suppliers.


Gonvarri Industries identifies its material issues through a “Materiality Study” carried out in collaboration with an independent external firm and using a technological tool for data and information analysis, which assesses the importance and perception of the identified issues.
The materiality assessment enables Gonvarri Industries to identify relevant issues and align them with its business strategy, as well as the expectations and needs of its stakeholders. The latest materiality assessment was carried out in 2022. The methodology combines an internal and external perspective, incorporating consultations with key stakeholders.
In 2024, the process of adapting to the CSRD began through a dual materiality analysis, which will be incorporated in future financial years.
To carry this out, both an internal (management) and external perspective are combined. In the first phase, internal sources (policies, strategy, commitments, etc.) and external sources (news, benchmarking of competitors and key customers, market trends in CSR and sector-specific trends, new legal requirements, etc.) are consulted. Based on this, the most relevant issues and those likely to have the greatest impact on the company are assessed.
All this information is grouped into 25 questions within the ESG framework. Each question asks about the relevance of each issue and about the perception of Gonvarri Industries’ commitment and performance on each issue.
The survey is sent out and processed by an external company, which guarantees the independence and transparency of the results. As previously indicated, the survey is conducted amongst management and employees, as well as a selection of key customers and suppliers, as these are the most relevant stakeholders. Management is also consulted on the maturity of these issues within the company, given their capacity to influence them.
This process enables us to identify the environmental, social and governance (ESG) issues most relevant to Gonvarri Industries and its stakeholders.
Internal and external coverage
A total of 2,835 surveys were sent to management, employees, customers and suppliers, with an average response rate of 51% across all groups. The breakdown of participation for each stakeholder group is summarised below:

The material issues identified are summarised below:

In the materiality analysis carried out in 2022, compared to the previous one in 2020, five new issues relevant to stakeholders stand out: Diversity, Flexibility, Risks, Innovation, as well as cybersecurity, information security and data/asset protection.
In addition, responses from each stakeholder group were analysed to obtain information on material issues not covered comprehensively. The results show that:
All material topics reported are identified in the GRI content index and in each section of the corresponding report.
The study also measures the internal and external perceptions that stakeholders have of Gonvarri Industries’ approach to and handling of the issues surveyed.
For internal stakeholders, a high level of perceived importance is shown in the following areas: Carbon Neutral strategy, environmental management, health and safety, and cybersecurity and data protection. For external stakeholders, the issues reflecting the highest perceived importance are:
Employees: health and safety, and cybersecurity and data protection.

Environment
Social
Governance