Ferrovial - Annual Report 2012


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Social commitment

Community Investment Policy

The 20.13 Plan includes Ferrovial’s Corporate Responsibility strategy, and confirms the company's strategic vision of community investment, which it considers an instrument for the development of society and the environment in which it operates.

The Corporate Responsibility Committee, created in 2010, is the task force that ensures the correct application of the criteria of consistency and sustainability in social projects supported by the company. The Committee is composed of the directors of corporate areas and one representative from each business (12). In 2012 it approved 14 projects for which each contribution was more than 15,000 euro, 1,456,752 euro in total.

Three priority community investment areas have been defined that concur with the nature of Ferrovial's business and its possible impact:

  • Social infrastructures: Two projects were selected from a total of 43 presented for basic water and sanitation infrastructure in collaboration with the NGOs Intermón Oxfam and Ayuda en Acción and with the participation of the company’s professionals. The Intermón Oxfam project will operate in 2013 and 2014 in Ethiopia, and the Ayuda en Acción project will operate in 2013 in Colombia.
  • Accessibility to public spaces and buildings: Ferrovial undertakes to use its know-how to adapt public spaces and buildings to people with mobility problems.
  • Restoration of historic monuments: The company’s commitment to the arts and culture is manifested through reconstruction and restoration projects on buildings of historical interest.

The following criteria are also taken into account when selecting social projects:

  • The continuity of the projects through medium and long-term alliances with entities in the Third Sector that have proven reputation and transparency: Ferrovial is active in numerous multi-sector organizations in the Third Sector. These include the Spanish Association for the Global Compact (ASEPAM), of which Ferrovial is founding partner and member of its Executive Committee; Fundación Lealtad; Fundación Seres, of which it is member of the board and Operational Committee; Forética, of which it is secretary general; and the London Benchmarking Group (LBG) Spain, of which it is founder. Ferrovial also takes part actively in the Corporate Responsibility committees of the employers' organization CEOE. It is involved in the National Higher CSR Board (CERSE) through various professional and Third-Sector associations.
  • The financial and institutional sustainability of projects: the aim is to avoid generating dependency in the communities that receive assistance.
  • The multiplier effect: Ferrovial communicates its social investment experiences and good practices through a variety of forums and media channels to serve as an example to other institutions. It encourages campaigns that raise awareness of global problems.
  • Encourage employee participation in corporate social commitment: This is done through corporate volunteer work, as part of the 2nd Social Infrastructure Program (2012), and by involvement in matching-gift initiatives such as the "Juntos Sumamos" (Stronger Together) program. This program was in its eighth year in 2012, when two projects were chosen: one run by the NGO Rescate in the Somali region of Ethiopia; and the other in the Sant Joan de Déu Hospital in Barcelona.

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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