GRI standards Indicators

GRI Standard	Page / reference	Scope
GRI 2: General Disclosures 2021
1. The organization and its reporting practices
2-1 Organizational details	14-15, 26-27 Note 1.1. to Ferrovial’s Consolidated Financial Statements 2022	Ferrovial
2-2 Entities included in the organization’s sustainability reporting	Appendix II to Ferrovial’s Consolidated Financial Statements 2022	Ferrovial
2-3 Reporting period, frequency and contact point	The period covered by the report is the 2022 financial year, and it is presented on an annual basis. The point of contact is indicated on the back cover of the report.	Ferrovial
2-4 Restatements of information	144	Ferrovial
2-5 External assurance	195-199	Ferrovial
2. Activities and workers
2-6 Activities, value chain, and other business relationships	12-23, 26-27, 94-95 Notes 1.1., 1.2. and 1.3. to Ferrovial’s 2022 Consolidated Financial Statements	Ferrovial
2-7 Employees	12-23, 74-75 and Appendix to GRI Indicators	Ferrovial
2-8 Workers who are not employees	74-75	Ferrovial
3. Governance
2-9 Governance structure and composition	120-123 Section C of Ferrovial’s Annual Corporate Governance Report 2022	Ferrovial
2-10 Nomination and selection of the highest governance body	120-123 Section C.1.19 of Ferrovial’s Annual Corporate Governance Report 2022	Ferrovial
2-11 Chair of the highest governance body	120-123 Section C.1.2 y C.1.3 of Ferrovial’s Annual Corporate Governance Report 2022	Ferrovial
2-12 Role of the highest governance body in overseeing the management of impacts	120-123, 144-147 Section E of Ferrovial’s Annual Corporate Governance Report 2022	Ferrovial
2-13 Delegation of responsibility for managing impacts	120-123, 144-147 Section C of Ferrovial’s Annual Corporate Governance Report 2022	Ferrovial
2-14 Role of the highest governance body in sustainability reporting	120-123	Ferrovial
2-15 Conflicts of interest	94-95 Section D.6 of Ferrovial’s Annual Corporate Governance Report 2022	Ferrovial
2-16 Communication of critical concerns	94-95, 144-145	Ferrovial
2-17 Collective knowledge of the highest governance body	The Board of Directors is regularly informed of issues related to the company’s environmental management and health and safety, as well as the monitoring of the Corporate Responsibility Strategic Plan. In addition, the Board reserves, either directly or through its Committees, knowledge of a series of matters on which it must express an opinion. These include approving policies on various matters.	Ferrovial
2-18 Evaluation of the performance of the highest governance body	Section C.1.18 of Ferrovial’s 2022 Annual Corporate Governance Report	Ferrovial
2-19 Remuneration policies	124-125	Ferrovial
2-20 Process to determine remuneration	124-125	Ferrovial
2-21 Annual total compensation ratio	124-125	Ferrovial
4. Strategy, policies and practices
2-22 Statement on sustainable development strategy	9, 26-27	Ferrovial
2-23 Policy commitments	28, 80-87, 112-116	Ferrovial
2-24 Embedding policy commitments	94-95	Ferrovial
2-25 Processes to remediate negative impacts	94-95, 96-97	Ferrovial
2-26 Mechanisms for seeking advice and raising concerns	94-95	Ferrovial
2-27 Compliance with laws and regulations	The amount of the most significant environmental fines paid in fiscal 2022 for non-compliance with environmental legislation was 147,585 euros (17,002 euros in 2021), corresponding to five proceedings imposed during fiscal 2022, and 21,361 euros corresponding to one proceeding imposed in previous fiscal years (33,961 euros in 2021). The main fines are related to the use of unsuitable material in an embankment and the storage of waste in unsuitable areas. In fiscal year 2022, no proceedings and litigation related to the safety of workers, subcontractors and users have been closed with penalties (0 in 2021). Notes 6.3 and 6.5 of Ferrovial’s 2022 Consolidated Financial Statements.	Ferrovial
2-28 Membership associations	144-145	Ferrovial
5. Stakeholder participation
2-29 Approach to stakeholder engagement	2, 142-156	Ferrovial
2-30 Collective bargaining agreements	96, Appendix to GRI indicators and Table of Contents of Non-financial reporting.	Ferrovial

GRI Standard	Indicator and description		Page / Reference	Scope
GRI 103 Management approach 2016		103-1 Explanation of material issue and its limitations	145-146	Ferrovial
		103-2 Management approach and components	26-27, 145-146	Ferrovial
		103-3 Evaluation of the management approach	26-27, 145-147	Ferrovial
THEMATIC CONTENTS
Economic Performance
	GRI 201 Economic Performance 2016	201-1 Direct economic value generated and distributed	See Appendix to GRI Indicators	Ferrovial
		201-2 Financial implications and other risks and opportunities due to climate change	80-87, 112-116 In addition, Ferrovial publicly reports on risks and opportunities in the CDP report. Information relating to 2022 will be available during 2023.	Ferrovial
		201-3 Defined benefit plan obligations and other retirement plans	Note 6.6.4 of Ferrovial’s Consolidated Financial Statements 2022 Note 6.2 of Ferrovial’s Consolidated Financial Statements 2022	Ferrovial
		201-4 Financial assistance received from government	Note 6.1 of Ferrovial’s Consolidated Financial Statements 2022 Note 6.4 of Ferrovial’s Consolidated Financial Statements 2022	Ferrovial
Market presence
	GRI 202: Market presence 2016	202-1 Ratios of standard entry level wage by gender compared to local minimum wage	The ratio between the starting wage and the local minimum wage in countries with significant presence by gender (Male / Female) is as follows: Spain: 1.2 / 1.2 (1.12 / 1.12 in 2021) United Kingdom: 1.57 / 1.40 (1.74 / 1.46 in 2021) United States: 1.66 / 1.66 (1.66 / 1.66 in 2021) Poland: 1 / 1 (1 / 1 in 2021) Chile:1 / 1 (1 / 1 in 2021)	Ferrovial
	GRI 202: Market presence 2016	202-2 Proportion of senior management hired from the local community	In 2022, the proportion of local managers was 96% (83.9% in 2021).	Ferrovial
Indirect economic impacts
	GRI 203: Indirect economic impacts 2016	203-1 Infrastructure investments and services supported	102-103	Ferrovial
	GRI 203: Indirect economic impacts 2016	203-2 Significant indirect economic impacts	14-15, 32-35, 102-103	Ferrovial
Procurrent practices
	GRI 204: Procurrent practices 2016	204-1 Proportion of spending on local suppliers	100	Ferrovial
Anti-corruption
	GRI 205: Anti-corruption 2016	205-1 Operations assessed for risks related to corruption	94-95	Ferrovial
		205-2 Communication and training about anti-corruption policies and procedures	94-95	España
		205-3 Confirmed incidents of corruption and actions taken	94-95	Ferrovial
Anti-competitive
	GRI 206: Anti-competitive 2016	206-1 Legal actions for anti-competitive behavior. anti-trust. and monopoly practices	In 2022, two cases and litigations related to monopoly practices were open (two in 2021). Note 6.5 of Ferrovial’s Consolidated Financial Statements 2022	Ferrovial
	GRI 207: Tax 2019	207-1 Approach to tax	104-105	Ferrovial
		207-2 Tax governance. control. and risk management	104-105	Ferrovial
		207-3 Stakeholder engagement and management of concerns related to tax	104-105	Ferrovial
		207-4 Country-by-country reporting	105 Appendix to GRI Indicators	Ferrovial

GRI Standard	Indicator and description		Page / Reference	Scope
	GRI 103 Management approach 2016	103-1 Explanation of material issue and its limitations	145-146	Ferrovial
		103-2 Management approach and components	80-87	Ferrovial
		103-3 Evaluation of the management approach	80-87	Ferrovial
Materials
	GRI 301: Materials 2016	301-1 Materials used by weight or volume	See Appendix to GRI Indicators	Ferrovial
		301-2 Recycled input materials used	See Appendix to GRI Indicators	Ferrovial
		301-3 Reclaimed products and their packaging materials	The activity of the company does not include the production of goods destined for sale with packaging	Ferrovial
Energy
	GRI 302: Energy 2016	302-1 Energy consumption within the organization	See Appendix to GRI Indicators	Ferrovial
		302-2 Energy consumption outside of the organization	See Appendix to GRI Indicators	Ferrovial
		302-3 Energy intensity	Energy intensity is 333.81 GJ/M€ (379.11 GJ/M€ in 2021). Data for 2021 have been recalculated due to the deconsolidation of part of the Services activity.	Ferrovial
		302-4 Reduction of energy consumption	Energy consumption with respect to 2021 has decreased by 12.67% (467,938 GJ).	Ferrovial
		302-5 Reductions in energy requirements of products and services	80-87	Ferrovial
Water
	GRI 303: Water 2016	303-1 Interactions with water as a shared resource	80-87	Ferrovial
		303-2 Management of water discharge-related impacts	80-87	Ferrovial
		303-3 Water withdrawal	See Appendix GRI Indicators	Ferrovial
		303-4 Water discharge	See Appendix GRI Indicators	Ferrovial
		303-5 Water consumption	See Appendix GRI Indicators	Ferrovial
Biodiversity
	GRI 304: Biodiversidad 2016	304-1 Operational sites owned. leased. managed in. or adjacent to. protected areas and areas of high biodiversity value outside protected areas	In 2022, Ferrovial worked on 34 new projects (5 in 2021) subject to Environmental Impact Statements (or equivalent figures), according to the legal framework of each country.	Construction business and Ferrovial Services Spain
		304-2 Significant impacts of activities. products. and services on biodiversity	The most significant impacts on biodiversity have been contemplated in the respective Environmental Impact Statements or equivalent figures, according to the legal framework of each country, of the activities that so require. Likewise, compensation actions are carried out in those cases in which this has been required in accordance with the provisions of said declarations or equivalent figures.	Ferrovial
		304-3 Habitats protected or restored	Ferrovial carries out the ecological restoration of habitats affected by the construction and operation of its infrastructures in accordance with the regulations in force in each country, introducing wherever possible improvements over the minimum requirements as well as ecological restoration criteria that ensure better long-term results.	Ferrovial
		304-4 IUCN Red List species and national conservation list species with habitats in areas affected by operations	See Appendix GRI Indicators	Ferrovial
Emissions
	GRI 305: Emissions 2016	305-1 Direct (Scope 1) GHG emissions	81. See Appendix GRI Indicators	Ferrovial
		305-2 Energy indirect (Scope 2) GHG emissions	81. See Appendix GRI Indicators	Ferrovial
		305-3 Other indirect (Scope 3) GHG emissions	81. See Appendix GRI Indicators Scope 3 emissions are limited to the scope described in table 305-3 of the GRI Indicators Appendix	Ver Anexo a indicadores GRI
		305-4 GHG emissions intensity	The intensity of greenhouse gas emissions is 42.91 tCO2/M€ in 2022 (67.48 tCO2/M€ in 2021)	Ferrovial
		305-5 Reduction of GHG emissions	81-82. See GRI Indicators Appendix.	Ferrovial
		305-6 Emissions of ozone-depleting substances (ODS)	This data is not considered material because Amey no longer has operational control over centers using refrigeration equipment, which use refrigerants based on fluorinated gases or ozone depleting substances.	Ferrovial
		305-7 Nitrogen oxides (NOX). sulfur oxides (SOX). and other significant air emissions	See Appendix to GRI Indicators.	Ferrovial
Effluents and Waste
	GRI 306: Waste 2020	306-1 Waste generation and significant waste-related impacts	86	Ferrovial
		306-2 Management of significant waste-related impacts	86	Ferrovial
		306-3 Waste generated	See Appendix to GRI Indicators.	Ferrovial
		306-4 Waste diverted from disposal	See Appendix to GRI Indicators.	Ferrovial Servicios España
		306-5 Waste directed to disposal	See Appendix to GRI Indicators.	Ferrovial Construction
Supplier Environmental Assessment
	GRI 308: Supplier Environmental Assessment 2016	308-1 New suppliers that were screened using environmental criteria	100-101	Ferrovial
	GRI 308: Supplier Environmental Assessment 2016	308-2 Negative environmental impacts in the supply chain and actions taken	100-101 In Construction. the negative environmental impacts had by the supply chain are evaluated. identifying potential risks and substandard work. The measures adopted range from expulsion from the project and/or rejection of the supplier. to warnings that improvements are required in less serious cases. In the Services division. face-to-face audits are carried out on a sample of suppliers.	Ferrovial

GRI Standard	Indicator and description		Page / Reference	Scope

	GRI 103 Management approach 2016	103-1 Explanation of material issue and its limitations	145-146	Ferrovial
		103-2 Management approach and components	78-81	Ferrovial
		103-3 Evaluation of the management approach	78-81	Ferrovial
Employment
	GRI 401: Employment 2016	401-1 New employee hires and employee turnover	See Appendix to GRI Indicators	Ferrovial
		401-2 Benefits provided to full-time employees that are not provided to temporary or part-time employees	74-75 Social benefits for each country and business are offered equally to full-time employees and part-time employees. In some cases. employees need to have held their posts for at least one year to be eligible for certain social benefits.	Ferrovial
		401-3 Parental leave	Ferrovial does not consider this a risk. as the countries where it operates have protectionist legislation in place for such matters. Such information is therefore not subject to specific managerial procedures.	Ferrovial
Labor Relations
	GRI 402: Labor Relations 2016	402-1 Minimum notice periods regarding operational changes	Ferrovial complies with the advance notice periods established in labor legislations or those enshrined. if applicable. in the collective agreements pertinent to each business. with no corporate advance notice periods having been established.	Ferrovial
Occupational Health and Safety
	GRI 403 Occupational Health and Safety 2018	403-1 Occupational health and safety management system	76-77	Ferrovial
		403-2 Hazard identification. risk assessment. and incident investigation	76-77	Ferrovial
		403-3 Occupational health services	76-77	Ferrovial
		403-4 Worker participation. consultation. and communication on occupational health and safety	76-77	Ferrovial
		403-5 Worker training on occupational health and safety	76-77	Ferrovial
		403-6 Promotion of worker health	76-77	Ferrovial
		403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationships	Risk of developing occupational diseases is detected through risk assessments conducted by the Safety and Health Department and controlled through the health surveillance. where relevant relevant protocol according to the risk exposure of the workers are defined and applied.	Ferrovial
		403-8 Workers covered by an occupational health and safety management system	See Appendix to GRI Indicators	Ferrovial
		403-9 Work-related injuries	See Appendix to GRI Indicators	Ferrovial
		403-10 Work-related ill health	See Appendix to GRI Indicators	Ferrovial
Training and education
	GRI 404 Training and education 2016	404-1 Average hours of training per year per employee	See Appendix to GRI Indicators	Ferrovial
		404-2 Programs for upgrading employee skills and transition assistance programs	All training and development programs are aimed at improving the employability of the candidate. In the case of early retirement or restructuring plans (e.g. redundancy packages) specific training plans may be negotiated as part of other outplacement plans	Ferrovial
		404-3 Percentage of employees receiving regular performance and career development reviews	The percentage of employees receiving regular assessments of Ferrovial’s performance and professional development is 30.44% (29.41% in 2021)	Ferrovial
Diversity and Equality of Opportunities
	GRI 405: Diversity and equality of opportunities 2016	405-1 Diversity of governance bodies and employees	See Appendix to GRI Indicators Section C of Annual Corporate Governance Report 2022	Ferrovial
	GRI 405: Diversity and equality of opportunities 2016	405-2 Ratio of basic salary and remuneration of women to men	See Appendix to GRI Indicators	Ferrovial
No discrimination
	GRI 406: No discrimination 2016	406-1 Incidents of discrimination and corrective actions taken	95 Information about complaints received through the Corporative Whistleblowing Channel in Spain is given.	Ferrovial
Freedom of association
	GRI 407 Freedom of association 2016	407-1 Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk	100-101	Ferrovial
Child Labor
	GRI 408: Child Labor 2016	408-1 Operations and suppliers at significant risk for incidents of child labor	100-101	Ferrovial
Forced or compulsory labor
	GRI 409 Forced or compulsory labor 2016	409-1 Operations and suppliers at significant risk for incidents of forced or compulsory labor	100-101	Ferrovial
Security practices
	GRI 410 Security practices 2016	410-1 Security personnel trained in human rights policies or procedures	Security guards at Ferrovial offices are hired via a company that certifies that said personnel have received the due training	Ferrovial headquarters
Rights of indigenous people
	GRI 411: Rights of indigenous people 2016	411-1 Incidents of violations involving rights of indigenous peoples	During 2021 and 2022 there hasn’t been detected incidents of violations involving rights of indigenous people	Ferrovial
Local Communities
	GRI 413:Local Communities 2016	413-1 Operations with local community engagement. impact assessments. and development programs	102-103	Ferrovial
	GRI 413:Local Communities 2016	413-2 Operations with significant actual and potential negative impacts on local communities	During 2021 and 2022 there has not been detected situations in which Ferrovial activities had caused a negative impact on local communities.	Ferrovial
Supplier Social Assessment
	GRI 414: Supplier Social Assessment 2016	414-1 New suppliers that were screened using social criteria	100-101	Ferrovial
	GRI 414: Supplier Social Assessment 2016	414-2 Negative social impacts in the supply chain and actions taken	100-101	Ferrovial
Public Policy
	GRI 415: Public Policy 2016	415-1 Political contributions	145	Ferrovial
Customer Health and Safety
	GRI 416: Customer Health and Safety 2016	416-1 Assessment of the health and safety impacts of product and service categories	76-77	Ferrovial
	GRI 416: Customer Health and Safety 2016	416-2 Incidents of non-compliance concerning the health and safety impacts of products and services	In 2022, no cases and litigation related to the safety of workers subcontractors and users were open (0 in 2021). Note 6.3 of Ferrovial’s Consolidated Financial Statements 2022 Note 6.5 of Ferrovial’s Consolidated Financial Statements 2022	Ferrovial
Marketing and labeling
	GRI 417: Marketing and labeling 2016	417-1 Requirements for product and service information and labeling	76-77	Ferrovial
		417-2 Incidents of non-compliance concerning product and service information and labeling	There has not been identified non-compliance incidents on this subject in 2021 and 2022	Ferrovial
		417-3 Incidents of non-compliance concerning marketing communications	There has not been identified non-compliance incidents on this subject in 2021 and 2022	Ferrovial
Customer Privacy
	GRI 418: Customer Privacy 2016	418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data	There has not been identified non-compliance incidents on this subject in 2021 and 2022	Ferrovial

REPORTING PRINCIPLES

AA1000 AP2018 Standard

The standard is based on four fundamental principles:

Inclusiveness: This principle analyzes whether the company has identified and understood the relevant aspects of its sustainable performance and presents sufficient information in terms of quality and quantity. For more information, please refer to the “Material Issues” section in this chapter.
Materiality: The information must be the information required by the stakeholders. In other words, it ensures disclosure of all those material aspects whose omission or distortion could influence its stakeholders’ decisions or actions. For more information, please refer to the GRI Standards Indicators Table.
Responsiveness: This report includes the information relating to Ferrovial’s response to stakeholder expectations.
Impact: the company monitors the impact of its activity on its surroundings, not only in economic terms but also from a social and environmental point of view. It also evaluates the return on investment of its social action programs. For more information, see the sections in two minutes, environment and community.

GRI STANDARDS GUIDELINES

The GRI Guidelines principles applied are:
Establishing report contents:

Materiality: Aspects that reflect the significant social, environmental and economic impacts had by the organization or those that could have a substantial influence on stakeholder decisions.
Stakeholder engagement: Identifying stakeholders and describing in the report how their expectations and interests have been addressed.
Sustainability context: Presenting the company’s performance within the broader context of sustainability.
Completeness: Coverage should enable stakeholders to assess the performance of the reporting organization.

Establishing the quality of the report:

Balance: The report must reflect both the positive and the negative aspects of the company’s performance.
Comparability: Stakeholders should be able to compare the information over time and with other companies.
Accuracy: The published information must be accurate and detailed.
Clarity: The information must be presented in a way that is clear and accessible to everyone.
Reliability: The information must be of high quality and it should establish the company’s materiality.