Ferrovial - Annual Report 2012

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Human Rights

Child and forced labor

Ferrovial’s Code of Ethics expresses its commitment to refrain from the use of child labor and to exclude any goods or services produced by child labor from its business activities, as well as to ensure compliance with the provisions of the International Labor Organization (ILO) in relation to child labor. Ferrovial demands strict observance of this principle from all of its employees and suppliers.

There is currently very little risk of violating this commitment, since most of its investments are in OECD countries, which already have a legal framework for the protection of labor rights.

Most of Ferrovial’s suppliers also operate in OECD countries and are therefore considered low-risk as regards Human Rights violations. All purchasing and subcontracting involve an acceptance of agreements requiring compliance with current law on environmental and labor matters. Framework agreements also include a clause requiring commitment to the Global Compact principles and collaboration on social action projects.

Suppliers who operate outside the OECD are bound by Human Rights legislation. To ensure compliance, suppliers are periodically asked to provide documents proving compliance.

According to the latest evaluation, internal procedures protect against risks of Human Rights violation in environmental and health and safety matters, which are the key aspects with respect to current business risks.

 

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  • Carbon disclosure project
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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