Ferrovial recognised for leadership on climate action Published on 24/10/2017
Ferrovial has been identified as a global leader in the corporate response to climate change and has been awarded a position on this year’s Climate A List by CDP, the non-profit global environmental disclosure platform.
2017 Climate A List
The 2017 Climate A List is comprised of 106 global companies, and is published alongside similar lists for corporate leadership on water and forests. The Climate A List has been produced at the request of 827 investors with assets of over US$100 trillion. Thousands of companies submit annual climate disclosures to CDP for independent assessment against its scoring methodology.
Ferrovial is among 5% of companies participating in CDP’s climate change program to be featured on the 2017 Climate A List. This is in recognition of its actions in the last reporting year to cut emissions, mitigate climate risks and develop the low-carbon economy.
The Climate A List is released alongside the Water A List and Forests A List on CDP’s website, accompanied with case studies from leading companies. This is the first year that CDP has announced company scores across all three areas simultaneously, reflecting a holistic approach to corporate sustainability.
CDP’s Executive Chair Paul Dickinson said:
“Congratulations to all the that made it onto the Climate A List this year. It’s inspiring to see so many taking bold action to mitigate the risks of climate change and grasp the opportunities that come with the transition to a sustainable economy. As we approach a tipping point on environmental action, business is absolutely central to making that transition happen”.
The Climate A List and full company scores are available on CDP’s website, visit it here.
The scores are released on the same day as CDP’s second annual analysis in the series: Tracking progress on corporate climate action. This year’s assessment reveals that more companies are setting increasingly ambitious and longer-term climate targets, while the transition to a low-carbon economy is also driving product innovation and the uptake of new tools for change.
Ferrovial is one of the world’s leading infrastructure operators and municipal services companies, committed to developing sustainable solutions. The company has 100,000 employees and operates in over 20 countries. Its main business areas are: Services, Toll Roads, Construction and Airports. It is a member of Spain’s blue-chip IBEX 35 index and is also included in the Dow Jones Sustainability Index and FTSE4Good; all its operations are conducted in compliance with the principles of the UN Global Compact, which the company adopted in 2002.
CDP is an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$100 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 6,300 companies with some 55% of global market capitalization disclosed environmental data through CDP in 2017. This is in addition to the over 500 cities and 100 states and regions who disclosed, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP, formerly Carbon Disclosure Project, is a founding member of the We Mean Business Coalition.
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