Ferrovial - Annual Report 2010

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Human Rights

Human Rights

Ferrovial is firmly committed to the support and respect for fundamental Human Rights, as recognized internationally in the Universal Declaration of Human Rights. Through intergovernmental initiatives such as the Women’s Empowerment Principles, the Global Compact and the International Labor Organization (ILO) Declaration, it undertakes to comply with these rights and ensure that its companies are not involved in their violation.

Human rights 201020092008Var 10-09
Investment in OECD countries (%) 100  100 100 0%
Employees protected by collective bargaining agreements (%)  76 74.53 72.2 2%
Women on the workforce  (%)  32.7 32.8 35.7 0%

Ferrovial’s Code of Ethics states that "All actions undertaken by the company and its employees shall scrupulously respect the Human Rights and Civil Liberties enshrined in the Universal Declaration of Human Rights." The Whistleblowing Channel allows any employee to report cases of inappropriate conduct or violations of the Code. In 2010 Ferrovial launched the Complaints Box on its corporate portal to allow any individual with Internet access to report and document possible irregularities or behavior that is against the law or the ethical commitments established by Ferrovial.

As a signatory to the United Nations Global Compact, Ferrovial has committed itself to support and respect the fundamental, internationally recognized Human Rights and to ensure that its companies are not complicit in their violation. This commitment also includes the basic labor rights and principles set out in the Declaration of the International Labor Organization (ILO): freedom of association and the effective recognition of the right to collective bargaining, the elimination of all forms of forced or compulsory labor, the effective abolition of child labor and the elimination of discrimination in respect of employment and occupation.

Ferrovial is committed to respect and promote Human Rights across the supply chain. The company promotes the creation of new models of supplier orders and contracts that give greater weight to aspects of Corporate Responsibility. In 2008, Ferrovial’s Purchases Department approved a new Code of Buyers, which requires respect for the principles of the Global Compact. Ferrovial's supplier-collaborator charter also requires aid packages to be considered for disadvantaged groups. Ferrovial's involvement in this field was developed in 2009 through collaboration with the Global Compact in the development of the "Guidelines for Responsible Supply Chain Management.”

The global corporate risk management system (FRM) covers the risks of Human Rights violations. The area of compliance risks includes risks due to insufficient or faulty procedures implemented to ensure compliance with the ethical principles that govern the company’s relationship with its employees.

With regard to security staff training, the Security Duties and Procedures Manuals have been expanded with a section on rules to be followed by employees in regard to Human Rights, as well as new instructions in this field for the different security departments.

Ferrovial maintains its commitment to promote Human Rights under the Millennium Development Goals. It has completed the first phase of the Maji ni Uhai (Water is Life) project to provide better access to drinking water for a population of 50,000 in Tanzania. Ferrovial has received the International Cooperation for Sustainable Development Award from the European Commission and the Codespa 2010 Award as a “Committed Company."

Commitment

  • Respect, protection and promotion of Human Rights.

Lines of action

  • Improve working conditions to ensure equal opportunities and non-discrimination among employees.
  • Ensure that its companies are not complicit in the violation of Human Rights (Global Compact).

2010 Milestones

  • Launch of the Complaints Box on the corporate website.
  • Implementation of the on-line training course on business ethics.
  • The European Commission’s International Cooperation for Sustainable Development Award for the Maji ni Uhai (Water is Life) project.

2010 Objectives

  • Commitment to promote the individual rights of employees and ensure that equal opportunity policies are applied internally.
  • Extension of corporate volunteering in Spain: 20% more places offered.
  • Institutionalization of international volunteering and opening up the list of volunteers to other projects not funded by Ferrovial.

© 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