The company continues its efforts to offer services and infrastructures that respond to challenges such as climate change, water footprint management, and energy crisis or loss of biodiversity, in order to create long-term value.
The recent entry into force of the Paris Agreement – the first universal agreement on climate change – whose main objective is to limit global warming below 2 degrees Celsius compared with pre-industrial levels, by making efforts to limit global warming to a maximum of 1.5 ° C, confirms the commitment of governments and the private sector to the effective reduction of CO2 emissions that tends towards low carbon economies.
Ferrovial is aware of its responsibility in this process and therefore assumes a firm commitment in the reduction of its emissions and the environmental impact of its activities. It also promotes the generation of new ideas and business models to offer its customers and users innovative solutions with less impact.
The company’s strategy contemplates the risks and opportunities detected in each activity of the company, which has two fundamental objectives:
- Responsible environmental impacts that occur in its activities, from an eminently preventive perspective. It includes the development of actions for the reduction of GHG emissions.
- The use of Ferrovial’s capacities and knowledge in the development of infrastructures and services for a low emissions economy.
Actions to reduce emissions
To meet this commitment, Ferrovial has developed and implemented actions to reduce emissions of a general nature and specific to each business area:
- Incorporation of energy efficiency criteria in procurement and outsourcing of services.
- Sustainable Mobility Strategy for Ferrovial employees. All corporate headquarters in Spain and the United Kingdom have mobility plans.
- Improved energy efficiency in both industrial and passenger vehicle fleets.
- Use of less polluting fuels.
- Development of technology and processes to promote avoided emissions.
- Incorporation of energy efficiency measures in buildings occupied by corporate headquarters.
- Promotion of the purchase of renewable sourced energy. 34.14% of the electricity consumed by Ferrovial comes from renewable sources.
Efficiency in the use of energy and natural resources, as well as the reduction of emissions and discharges, are a priority in production centres, but also a source for innovation and the development of solutions that Ferrovial can then offer its customers and users. In particular, energy efficiency in buildings , comprehensive city management (SmartCities) as in the case of the municipality of Torrejón de Ardoz, or the low-emission mobility that is already being developed at London’s Heathrow airport. The conservation of biodiversity is also considered a priority line, supported by the best state of scientific and technical knowledge.