Ferrovial - Annual Report 2010

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Spanish version



AA1000 AS (AA1000 Assurance Standard)
Standard of general application, issued on March 2003 by the Institute of Social and Ethical Accountability (United Kingdom), to assess, demonstrate and strengthen credibility and quality of the competency report. It is a voluntary standard but it is extended and followed by several experts in CR reports verification.
Quality that all environments, processes, goods, products and services, as well as objects or instruments, tools and devices should meet in order to be comprehensible and usable for everybody, autonomously and in conditions of safety and comfort.
Bimodal vehicle
Hybrid Vehicle combining an electric engine and a diesel engine.
Biodegradable waste
Waste that have the ability of decomposing aerobically or anaerobically, such as garden waste, paper and carton.
Synthetic liquid biofuel obtained from natural lipids such as vegetable oils or animal fats.
Organisms dead recently o their metabolic wastes.
Computer Aided Maintenance Management Software applied to the maintenance of water facilities.
CDW (Construction and Demolition Waste)
This includes hazardous waste, non-hazardous waste and non-hazardous inert waste.
CFC (chlorofluorocarbon)
Greenhouse effect gases included in Montreal Protocol of 1987 and used in refrigeration, air conditioning, packaging, insulation, solvent or propellant for aerosol. As they are destroyed in the low atmosphere, they move to the high atmosphere where, in proper conditions, decompose ozone. Source: IPCC (Intergovernmental Panel on Climate Change).
Child Labour
Any systematic economic activity, whether paid or not, carried out by children under the age of 14 who are forced by people or circumstances to meet their own needs or those of their family, which impedes their full physical, mental and intellectual development.
Compressed natural gas.
Biological aerobic process, in which microorganisms act on rapidly biodegradable material (plant remains, animal excrement and urban waste), to produce compost.
Corporate Governance
System aiming the control and management of a company. Group of principles and performance rules that lead the way of doing business of the company and the relation with its stakeholders.
Corporate reputation
This is the recognition that the stakeholders of a company give to its corporate performance, taking into account the level of fulfilment of their commitments with customers, employees, shareholders and the whole community.
Restriction or absence (due to a deficiency) of the ability of performing an activity in the way or inside the margin considered normal for any person. Source: WHO (World Health Organization).
Term introduced in 1992, in a publication called “Changing Course” to describe a way to produce economically profitable goods and services, reducing the ecological impact at the same time. Source: Business Council for Sustainable Development (BCSD).
Environmental Impact Assessment. ºp0--+*
EMAS (Environmental Management and Audit System)
Voluntary tool that enables the assessment and improvement of the environmental performance of an organization as well as the dissemination of proper information to any interested party. The objective of this system is to promote an ongoing improvement of the environmental performance of organizations.
Environmental impact
Any change to the environment, whether beneficial or adverse, as a result, wholly or in part, of the activities, products and services of an organization, according to UNE-EN ISO 14001.
Ethical rating agency
Companies of analysis and ethical rating that provide the market with information about the corporate social responsibility performance of the main quoted companies.
FSC (Forest Stewardship Council)
The only certification system to receive the recognition of a large number of institutions, companies and ecological and socially responsible organizations on a global scale. Wood based products bearing the FSC certificate have been extracted and processed in accordance with ecological, sustainable, socially fair and responsible criteria.
FREE System
Centralized system for rotation parking, consisting of control equipment which lists free parking places in real time and on the internet.
GIS Platform
Geographic Information Systems
Global Positioning System
Greenhouse gases
Contaminating gases released into the atmosphere as a result of the incineration of fossil fuels and other resources, which worsen the greenhouse effect (effect recognized as the principal cause of global climate change). These gases include CO2, CH4, N2O, HFCs, PFCs, SF6 and other CO2 equivalents. They are controlled under the Kyoto Protocol.
activities involving the handling of luggage and goods in ports and airports.
Hazardous waste
Waste that according to its characteristics of corrosiveness, reactivity, explosiveness, toxicity, flammability and infectiousness, could be a risk for the public health or cause adverse effects in the environment.
IATA (International Air Transport Association)
Instrument for co-operation between airlines, promoting safety, reliability, trust and economy in air transport to the benefit of consumers around the world.
Seawater Desalination Installation
Madrid Institute of Development Service Network for the Development and Creation of Businesses.
Intangible assets
No material goods that can be managed and give value to the company as trade, image, reputation, know how, abilities and motivation of employees, etc.
ISO (International Standardization Organization)
International non governmental organization composed by representatives of national normalization entities, producing international industrial and commercial rules.
ISO 14001
Environmental management system.
ISO 90001
Quality management system.
ISPA (Instrument for Structural Policies for Pre-Accession)
Financial instrument for environmental projects that enable the application of European directives requiring major investment.
Liquefied Natural Gas
Principle that determines the information contained in the CR or sustainability annual report of an organization. According to the materiality the report should include aspects and indicators showing significant social, environmental and economical impacts for the company or those impacts that could substantially influence in the assessments or decisions of their stakeholders.
Occupational disease
In Spanish law, an occupational disease is understood as one that is not a workplace accident or a professional disease.
Occupational risks
according to Spanish Law 31/1995 of 8th November about Occupational Heath and Safety, this is the possibility for a worker of suffering an injury as a consequence of his work. To qualify a risk from its seriousness, it is necessary to value the probability as well as the severity of it.
Parking Regulations Ordinance.
OSHAS 18001
Specification that establishes the requirements to set up an Occupational Safety and Health Administration System in any company. This system enables the control of labour risks and the improvement of the performance in this area.
Private Finance Initiative
PPP (Public Private Partnership)
Co-operation between the public authorities and private businesses to guarantee the financing, construction, renewal, management or maintenance of an infrastructure or the provision of a service.
R&D&I: Research, Development and Innovation
  • Research: original planned investigation aiming the discovery of new knowledges and a higher understanding of scientific and technological issues.
  • Development: Consists of applying the results of research or any other type of scientific knowledge for the manufacture of new materials or products, the design of new production processes or systems or the substantial technological improvement of existing materials, products, processes or systems.
  • Innovation: this is the activity whose result is a technological advance in the obtaining of new products or production processes and substantial improvements to existing ones.
Process for recovering physical or chemical useful elements, from materials used with a specific purpose, and that can be reused for the same or for another purpose.
Tool created by the Spanish Corporate Reputation Institute (fRC, Foro de Reputación Corporativa) in collaboration with the Reputation Institute whose objective is to measure the reputation added index of a company.
SA 8000
Certification of company social management, specially labour aspects.
Selective collection
Differentiated collecting system of fermentable organic materials and recyclable matters, as well as any other element that enables the separation of valued materials contained in wastes.
Socially Responsible Investing
initiatives aiming to facilitate the incorporation of social, economical and environmental responsibility criteria in the decision of investors
Stakeholders are defined as those individuals or groups:
  • who can reasonably expect to be significantly affected by the activities, products and/or services of the organisation.
  • whose actions might reasonably be expected to affect the capacity of an organisation to successfully implement its strategies and achieve its objectives.
Structural personnel
Workers employed under a contract by Grupo Ferrovial companies.
Natural or legal person who provides products or services (sub-contractor) which must meet certain quality specifications and fixed requirements.
Sustainable development
This term was first used in 1987 (Brundtland Report). . According to the Rio Declaration on Environment and Development (1992), this is development which meets the needs of present generations without compromising the ability of future generations to meet their own needs.
Transportation Equity Act for the 21st Century
Third Sector
The sector made up of nonprofit organizations, for charitable and altruistic purposes, such as foundations, associations and non-governmental organizations (NGOs).
Group of measures, actions and procedures that enable the registration and identification of a product, from its origin till its final destination.
UNE Standard
Regulation established by AENOR
Urban Solid Waste (USW)
Those generated in urban areas, as a consequence of consumer activities and housework management (housing), services (hotels, restaurants, hospitals, offices, markets, etc.) and thoroughfare traffic (litter bins and small and big thoroughfare waste).
Urban Solid Waste Management
According to the Spanish Law 42/1975 about urban solid waste, this is the group of activities aiming the most adequate use of urban solid waste according to their characteristics, for the protection of human health, natural resources and environment. It involves collecting, storing, transport, processing and transforming or disposal operations, as well as reuse, recovering and recycling operations.
Water treatment plants
  • EDAR: Waste Water Treatment Plant.
  • ERAR: Waste Water Regeneration Plant.
  • ETAP: Drinking Water Treatment Plant.
Cualquier sustancia u objeto perteneciente a alguna de las categorías que figuran en el anejo de Ley 10/1998 de 21 de abril de residuos, del cual su poseedor se desprenda o del que tenga la intención u obligación de desprenderse.

© Copyright 2010. Ferrovial

In agreement with:
  • Dow Jones Sustainabiliy Indexes
  • LBG Spain
  • Ethibel
  • FTSE4Good
  • The Global Compact
  • Distinction of Equality
  • Triodos Bank
  • Carbon disclosure project

This is an electronic version of the 2010 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