1. Human rights
  2. Responsible management of the supply chain
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Ferrovial

Ferrovial - Integrated annual report 2013 / Responsible management of the supply chain

Ferrovial is also committed to respecting and promoting Human Rights across the supply chain. The company promotes the acceptance and compliance of the Global Compact Principles among suppliers, as well as other Corporate Responsibility aspects: health and safety, quality and environment.

According to the methodology introduced in 2012 to analyze high-risk suppliers, based on the Global Compact Principles and FTSE4Good, the study of the different business continued in 2013. Most of Ferrovial’s investments are in OECD countries or in upper-middle or high income countries according to the World Bank classification. Their legislation recognizes and guarantees respect for Human Rights, which is why the risk has been rated globally as low.

In the Construction and Services businesses, which account for 95% of all Ferrovial’s suppliers, the contracts include a mandatory Corporate Responsibility clause. Ferrovial has informed its suppliers of its adherence to Global Compact Principles, presented them with a copy of those principles and urged them to take them into account in their operations.

Suppliers who operate inside the OECD are bound by Human Rights legislation. To ensure compliance, suppliers are periodically asked to provide documents proving compliance. Moreover, any Human Rights violation leads to immediate rejection of the supplier, according to the different control systems that are used.

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. Moreover, any Human Rights violation leads to immediate rejection of the supplier, according to the different control systems that are used.