1. Environmental Dimension
  2. Environmental management
  3. Volver

Ferrovial

Ferrovial - Integrated annual report 2013 / Environmental management

The business areas have implemented management systems that exceed ISO 14001 and EMAS standards, designed to control on-site impacts by using a preventative approach. Ferrovial has been a pioneer in environmental risk analysis and risk management systems, and it has adapted early to the demands of the current European Environmental Liability Directive.

All the management systems are based on the capacity to generate information that will be relevant to decision- making, both in terms of production processes and at executive and governing body levels. “Useful and relevant information” means any information complies with the following:

  • It is based on quantitative data on the intensity of environmental impacts or risks, which is gathered as close as possible to the processes that originate such impacts or risks.
  • It is associated with key processes, i.e. relevant environmental risks for the company.
  • It is reliable and can easily be transmitted to higher levels of the organization through integrated indicators.

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.

Environmental risk management

There are specific procedures in place in all construction and services divisions 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 basically 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

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

The scope of certification in each company’s system and in the group as a whole is evaluated through the “percentage of certified sales” indicator. This ratio only includes activities that fall under the scope of the corresponding environmental management certificates, based on net revenues.

In 2013, the average percentage of environmentcertified activity increased by seven percentage points on the previous year, to 88%. Details of the certifications by division can be found in the chapter on quality.

Other certifications

In 2013 Ferrovial carried out 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.