RESPECTING AND PROMOTING HUMAN RIGHTS

A fundamental principle of sustainable development is respect for, and, fostering of, human rights. In 2005, that commitment materialised in the following action lines:

The Code of Business Ethics that was approved and implemented in 2004 was revised and some of the contents were adapted in order to comply with the requirements of international human rights regulations, specifically the United Nations' ‘Norms on the Responsibilities of Transnational Corporations and Other Business Enterprises with Regard to Human Rights’.

That amendment will foreseeably be approved in 2006.

A Strategic Plan for Purchasing is also being defined in order to responsibly manage the supply chain, including human rights criteria. That strategy is based on two action lines:

• introducing improvements in the purchasing management systems in order to manage risks related to human rights; and

• working jointly with suppliers and subcontractors in order to protect human rights along the supply chain.

In parallel, Ferrovial defined an internal training programme that covers human rights; this programme commenced in 2005 and will continue in 2006. The programme includes courses with content relating to international regulations, case studies on human rights and corporations, and specific actions related to human rights and management systems for certain functional areas.

In order to assess human rights management and detect risk situations in advance, a management indicator system was also defined to cover information about a broad range of human rights issues and whose results will be obtained during 2006.

 

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