Ferrovial has retained its place in the FTSE4Good Sustainability Index following the rating’s half-yearly reconstitution in June 2016, whereby it has now featured on it for eleven years in a row. Ferrovial has been selected because of its performance in matters of Corporate Responsibility.
FTSE began working with Evalueserve in 2014, and together they have designed a new methodology that includes fourteen themes, distributed across the three pillars of ESG: Environmental (Climate Change, Pollution and Resources, Water Use, Biodiversity, and Supply chain with an environmental approach), Social (Labour Standards, Human Rights and Community, Health & Safety, Customer Responsibility, and Supply Chain with a social approach), and Governance (Corporate Governance, Risk Management, Anti-corruption, and Tax Transparency); with over 300 indicators. Likewise, there has been a sharper focus on quantitative data and performance metrics, with an increase in the number of specific indicators by industry. These criteria are reviewed every six months (June and December).
The analysis conducted by FTSE4Good is designed to measure the ESG risks and financial performance of eligible firms. This index serves as a reference for investors throughout the world, who use it as a tool for assessing best practices and corporate social responsibility criteria in order to implement their own investment strategies.