MSCI renews Ferrovial’s rating AAA Published on 21/09/2017
The MSCI rating agency has today awarded Ferrovial its maximum rating, AAA. It has positively valued company activities in the field of corporate governance, sustainability and social projects, and highlights Ferrovial’s participation in the United Nations Global Compact.
It also highlights the fact that the company’s accident rate continues to drop under current executive management and the application of health and safety policies pursuant to its Target Zero objective, with the inclusion of safety indicators in its project management and the widespread use of audits.
MSCI recognises the company’s anticorruption policy to mitigate the risks associated with public contracts, adding that it has solid programmes in place to ensure that all employees and subcontractors work to the highest ethical standards.
The report additionally emphasizes Ferrovial’s increased participation in water infrastructures, and particularly the company’s strong position in several European countries as a leading provider of waste management and other municipal services.
Regarding the clean technologies market, the agency believes that the work of Ferrovial on civil engineering, construction, facilities maintenance and waste treatment opens up opportunities in this field.
About MSCI rating agency
MSCI Inc. is a leading provider of tools to support investment decision-making for global institutional investors, including asset managers, banks, hedge fund managers and pension fund managers. MSCI’s products and services include indices, portfolio risk and performance analysis, and ESG data and research.
Ferrovial included in several sustainability indexes
Ferrovial is included in several sustainability indexes. 2017 marked its sixteenth year running in the Dow Jones Sustainability Index (DJSI), and it is also included in the DJSI Europe and DJSI World indices. Its sustainability credentials are further strengthened by its inclusion in other indexes, such as the FTSE4Good from 2005 (and the Spanish version of the index, FTSE4Good IBEX, since 2008), the CDP (Carbon Disclosure Project), and STOXX since 2010, all of which confirm the company’s staunch commitment to Corporate Responsibility.
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