(Ferrovial) Methodology

Ferrovial believes that the best way to fight emissions is to reduce them at source. While improving its performance in this area, the company has implemented ambitious plans to reduce greenhouse gas emissions in its activities as part of its Sustainability Policy approved in May 2008 and within its Climate Change 2015 strategy.

 In 2008, Ferrovial began to identify all sources of emissions in the company’s activities and in 2009 completed the procedure for calculating the global carbon footprint. This consolidates the methodology for collecting data and calculating emissions. In 2010 it calculated the carbon footprint of all its global activities. The calculation takes into account the holding in those contracts over which Ferrovial has operational control.

The procedure also allows emissions to be identifi ed by source, country and company, which is a key point when the establishing targets. This methodology was verified by an external body in 2009.

The reporting range has been established under Scope 1 and Scope 2, although there are companies that already have Scope 3 figures, and work is underway to calculate this scope in other businesses.

The new procedure sets 2009 emissions as the baseline. As it uses the same reporting approach and calculation methodology, a comparison can be made between emission figures over time, both in absolute terms and relative to revenue, thus avoiding the difficulties encountered in previous years.

Recognition by experts

 Analysts in the main international sustainability indices have valued Ferrovial’s eff orts to reduce the environmental impact of its activities. Recently the company has been recognized by the Carbon Disclosure Project (CDP) within the reports “Europe 300” and “Spain: the 85 largest companies in terms of market capitalization” as a leading company in its sector