Ferrovial - Annual Report 2012

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Social commitment

Social commitment

Ferrovial invested 4.4 million euro in the community in 2012 through 346 social action projects that were directly beneficial to more than 51,816 people. One of the priority areas is the development of efficient, accessible, clean and caring infrastructures.

Social commitment2012 2011 *2010Var 12-11
Community support projects 346 470 574 -26.38%
Social investment in the community (million €) 4.4 ** 5.1 56.9 -13.72%
Beneficiaries in social projects 51,816  1,619,358 934,985 96.80%
* Not including BAA
**  This figure includes 769,000 euro corresponding to Ferrovial's collaboration with MIT, which is accounted for as R&D&i and community investment.

Voluntary contributions amounted to 3.8 million euro, while obligatory ones totaled 527,000 euro. The multiplier effect from contributions made by third parties has been of an additional 166,000 euro.

In 2011 the company launched the Social Infrastructure program, which is a model of good practice for other companies in the management of social-action projects. This program consolidates an innovative cooperation model for the development of basic social water and sanitation infrastructures, in partnership with reputable NGOs. In 2012, the program had four projects underway in Tanzania, Ethiopia, Colombia and Peru, in partnership with the NGOs ONGAWA, Intermón Oxfam, Ayuda en Acción and Plan España. These projects amount to total investment of almost one million euro, with 60,000 beneficiaries and 15 volunteers.

In 2011 the Dow Jones Sustainability Index recognized the London Benchmarking Group (LBG) methodology as a good practice for reporting on corporate social action. Ferrovial has been using this methodology since 2007. It is an innovative high-quality model that improves on and unifies criteria for classifying, managing, measuring and communicating initiatives in the community.

The model classifies social action into eight areas (education and young people, economic development, social welfare, health, arts and culture, the environment, emergency relief and other); three types of contributions (cash, time and in-kind); and two types of motivations (voluntary and obligatory).

The model changed significantly in 2012: it included new tools that allow the achievements and impacts of social contributions to be evaluated as well as quantified.

The evaluation of results has now become an inherent part of the LBG model.

Ferrovial’s voluntary contributions were allocated to the following areas: :

 Area  Contribution in 2012 (% total)
 Education and young people 15
 Health  3
 Economic development  17
 Environment 28
 Arts and culture  9
 Social welfare  5
Humanitarian aid  1
 Other  21

Ferrovial aims to develop social action projects that are consistent with its business model and the societies in which it operates. Hence, the countries in which it has made its biggest social investment are the UK and Spain, the geographical areas that concentrate most of the company’s activities.

The breakdown of voluntary contributions by country is as follows:

 Country Contribution (€)  % Voluntary
 Spain 2,530,720  67
United Kingdom 453,549  12
United States 226,772   6
 Poland  64,789  2
Others *  486.483  13
 Total  3,762,314  100
* Others: Ethiopia, Ireland, Peru, Portugal and Tanzania

The breakdown of voluntary contributions by business is as follows:

 Business Contribution(€)   % Voluntary
 Toll Roads  266,692  7
 Services  1,017,087  27
 Construction  696,783  19
 Corporate  1,781,752  47
 Total  3,762,314  100

attached files

Commitment

  • Support socioeconomic development wherever the company operates.
  • Link Ferrovial’s social action to its "Intelligent Infrastructures" positioning.

Lines of action

  • Plan community investment as a tool to assist in the development of societies and protect the environment wherever Ferrovial operates.
  • Work with governments, NGOs and other social agents on projects and activities related to social development, environmental conservation and occupational safety.
  • As a global company, confront the problems of the planet and in particular engage in the fight against poverty.

2012 Milestones

  • Organized the 2nd Social Infrastructure Program, with two new projects selected, one in Ethiopia and the other in Colombia.
  • Implemented a new methodology developed within the London Benchmarking Group (LBG) system to measure the impact of the company's social donations.
  • Renewed the approach to local problems, resulting in an alliance with the Spanish Red Cross to improve its food distribution infrastructure.
  • Set up a policy and procedure for sponsorship and social action.

2013 Goals

  • Corporate Responsibility training plan for the businesses within the plan for making Ferrovial’s positioning in ”Smart Infrastructures” better known.
  • Involve 5% of structural personnel in Spain in community social action and set up a Ferrovial corporate volunteer portal.

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© Copyright 2019. Ferrovial
  • Dow Jones Sustainabiliy Indexes
  • LBG Spain
  • The Global Compact
  • FTSE4Good
  • Carbon disclosure project
  • Corporate Responsibility Prime. Rated by oekom research

This is an electronic version of the 2012 Annual Report prepared by Ferrovial, S.A. for its stakeholders, which aims to be complete and accurate. The contents of this version can be checked by referring to the print version. A copy of the print version in PDF format is available to download on this web page