1. Social Dimension
  2. Social Commitment
  3. Volver

Ferrovial

Ferrovial - Integrated annual report 2013 / Social Commitment

Commitment

  • Support socioeconomic development wherever the company operates and in other areas where there are basic needs.
  • The CR Plan 20.13 links Ferrovial’s social action to its “Intelligent Infrastructures” positioning.

Lines of action

  • Plan community investment as a tool to assist the development of communities wherever Ferrovial operates and in other areas in need.
  • Work with governments, NGOs and other social agents on projects and activities related to social development, accessibility to public spaces, and heritage restoration.
  • As a global company, confront the problems of the planet, in particular working to achieve the Millennium Development Goals (MDGs).

2013 Milestones

  • 3rd Social Infrastructure Program with three new projects selected in Ethiopia, Peru and Colombia.
  • Initial results following the implementation of the new methodology developed by the London Benchmarking Group (LBG) to measure the impact of the company’s social donations.
  • Continued focus on local problems, concluding a successful alliance with the Spanish Red Cross to improve its food distribution infrastructure, and starting another with the Spanish Federation of Food Banks for 2014.
  • The policy and procedure for approving sponsorships, patronage and donations was consolidated.
  • The Society Programs for the next three years were redefined and updated. This update will appear in the next 20.16 Corporate Responsibility Plan.

2014 Goals

  • Develop a pilot project for Social Impact Measurement of the company’s social programs.
  • Development of a proposal for a Corporate Volunteering plan that extends the scope and type of projects.
  • Increased support for the Corporate Responsibility Department in the tendering processes in which Ferrovial takes part, especially regarding the “Social Clause”.

Ferrovial invested 3.7 million euro in the community in 2013 through 334 social action projects that were directly beneficial to more than 142,563 people. One of the priority areas is the development of efficient, accessible, clean and caring infrastructures.

Social commitment

Social Commitment 20132012Var 12-13
Community support projects 334 346 -3.47
Social investment in the community (million €) * 3,728,407 4,427,615 -15.78
Beneficiaries in social projects 142,563 51,816 63.65

 * This figure includes 757,748 euro in 2013 and 769,231 euro in 2012 corresponding to Ferrovial’s collaboration with the MIT, which is accounted for as R&D&i and community investment.

In 2011 the company launched the Social Infrastructure program, which is a model of good practice for other companies in the management of socialaction projects. This program consolidates an innovative cooperation model for the development of basic social infrastructures in water and sanitation, in partnership with reputable NGOs. In 2013, the program had six projects underway in Ethiopia, Colombia and Peru, in partnership with the NGOs Intermón Oxfam, Ayuda en Acción, Plan España, Acción contra el Hambre, Fundación Ecología y Desarrollo (ECODES), and Amref Flying Doctors. Since the program started in 2011, it has invested over 1.3 million euro and 100,000 people have benefited.

In 2011 the Dow Jones Sustainability Index recognized the London Benchmarking Group (LBG) methodology as a good practice for reporting on corporate social action. Ferrovial has been using this methodology since 2007. It is an innovative high-quality model that improves on and unifies criteria for classifying, managing, measuring and communicating initiatives in the community.

The model classifies social action into eight areas (education and young people, economic development, social welfare, health, arts and culture, the environment, emergency relief and other); three types of contributions (cash, time and in-kind); and two types of motivations (voluntary and obligatory).

The model changed significantly in 2012: it included new tools that enabled the achievements and impacts of social contributions to be evaluated as well as quantified.

Ferrovial aims to develop social action projects that are consistent with its business model and the societies in which it operates. Hence, the countries in which it has made its biggest social investment are the UK and Spain, the geographical areas that account for most of the company’s activities.

The evaluation of results has now become an inherent part of the LBG model.

The breakdown of voluntary contributions by country is as follows:

Country

Countries No. of projectsContribution (€)% Voluntary
Spain 103 2.065.206,43 62
United Kingdom 184 580.114,20 17
U.S. 20 124.649,11 4
Poland 2 90.441,33 3
Other * 19  464.857,57 14
Total 328 3.325.268,64 100

Other: Colombia, Peru, Philippines, Ethiopia, Haiti, Ireland, Portugal, Brazil