Ferrovial - Annual Report 2012

ENG SPA

Go to secondary menu

Environment

Management systems

Ferrovial's management systems have been designed with the core aim of generating information that will be relevant to decision-making, both in terms of production processes and at executive and governing levels.

"Useful and relevant information" means any information that:

  • is based on quantitative data regarding the intensity of environmental impacts or risks, and that is gathered as close as possible to the processes that originate such impacts or risks.
  • is associated with key processes, i.e. relevant environmental risks for the company.
  • is reliable and can be integrated at senior levels of the organization.

In all instances, the systems and information flows will be supported by IT systems, which may vary in complexity, providing coverage to all documents, procedures and records deemed crucial to meeting targets.

When so required or deemed valuable by third parties (governments, clients and other stakeholders), systems shall be subject to accredited certification, based on the leading international standards (ISO, EMAS).

Environmental risk management

There are specific procedures in place in the business areas of Construction and Services to manage environmental risks, aimed at identifying and evaluating the chief risks, as well as managing, mitigating and controlling them.

Ferrovial has been a pioneer in implementing such procedures. It adopted them several years before they become legal requirements. In Spain, legislation has included as Law 26/2007 on Environmental Liability, Royal Decree 2090/2008 that partially implements this Law and that requires environmental risk analysis for certain activities, as well as Order ARM/1783/2011, dated 22 June 2011, which establishes the schedule for such obligations to take effect (these regulations are currently under review).

Likewise, under the EU Environmental Liability Directive, Member States may demand financial guarantees from operators to cover environmental risks. Since 2007 Ferrovial has also held an insurance policy that covers such risks under the terms established by European regulations. The company ensures that this policy and coverage is fully up to date and appropriate to current risk levels.

Environmental certification

Since 2008 the group has used the percentage of certified activity to identify how far each of companies' systems, and those of the group as a whole, have been certified. The calculation exclusively includes activities that fall under the scope of corresponding environmental management certificates, based on net turnover.

In 2012, the average percentage of environmentally certified activity remained unchanged compared to 2011, at 81%. In some business areas, such as Services, 100% of operations use certified management systems.

Other certifications

In 2012 Ferrovial commissioned an external audit of its greenhouse gas emissions, under the ISAE 3000 standard. The audit covers all divisions and includes both direct and indirect emissions established under Scopes 1, 2 and 3. The company also verified that its internal "Carbon Footprint Calculation and Reporting" procedure complied with international ISO 14064-1 standard.

Cespa, Ferroser Infrastructure and Ferrovial Services have in place an Energy Management System certified under ISO 50001:2011.

Cadagua and Cespa have EMAS certification for a significant proportion of their industrial sites.

Go to main menu

© 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