Through its Corporate Responsibility Strategic Plan, Plan 20.16, Ferrovial seeks to improve its competitiveness, enhance the company's sustainability, and protect its reputation by contributing long-term value to all stakeholders.
The previous plan was updated and revised, giving rise to the current plan, in order to link Corporate Responsibility with the company’s business objectives and better align it with the positioning in Intelligent Infrastructure that defines Ferrovial. Another milestone was the creation of the Corporate Responsibility Committee in 2010, as a linkage between the businesses, the parent company and senior management.
The current Strategic Plan, Plan 20.16, in force since January 2014, defines the priorities in Corporate Responsibility for the next three years. To draft the plan, the Corporate Responsibility Committee assembled a mixed working group to define the scope of the update and prepare the definitive document.
Ferrovial updated the company’s Vision and Values in September 2013. As a result of that revision, Plan 20.16 adopted the Chairman’s description of Corporate Responsibility:
“Ferrovial, as a leader in the infrastructure and services sector, will contribute to improving the future of society with its ongoing commitment to talent, integrity, safety, excellence and innovation“
Areas and Programmes for Action
This statement gives rise to the various areas and lines of action in Corporate Responsibility included in Plan 20.16:
After establishing the areas and lines of action, the company defined a series of priority Corporate Responsibility programmes to focus on in Plan 20.13. The same scheme was followed for the new plan, and the programmes underline the three main areas on which the company will focus, always aligned with its business activity:
- Ferrovial 2020: reduce the carbon footprint; adapt to a low-carbon economy; innovation and research in eco-efficiency and energy efficiency.
- Ferrovial Natural Capital: biodiversity preservation and environmental protection.
- Ferrovial Mobility: plans to reduce the impact of people’s mobility, including people who use infrastructure managed by Ferrovial.
- Social Infrastructure: cooperation and advisory projects with NGOs.
- Stronger Together: Matching funds for social and emergency projects.
- Legacy: Culture and heritage, and infrastructure restoration.
- Integra: Accessibility, training and social and labour integration activities.
- Emprende Programme: (entrepreneurship): mentoring initiatives (providing funding and/or person-hours).
- Innova Programme:(RDI projects in sustainability): agreements with MIT, CI3 and other institutions focused on innovation.
Corporate Responsibility Committee
This body is responsible for developing, implementing and supervising the company’s Corporate Responsibility policies.
It acts as a liaison between the businesses and corporation and Senior Management, reporting results and proposing CR initiatives. It is made up of the different areas in the company linked to Corporate Responsibility and with one representative for each line of business:
- Human Resources.
- Quality and Environment.
- General Secretary’s Office.
- Communications & Corporate Responsibility.
- Toll Roads.