Following its semi-annual review in September 2014, FTSE4Good has confirmed Ferrovial as a constituent of the indices, for the tenth year running.
Ferrovial was chosen for its performance and improvements in the area of corporate responsibility. In this recent review, 43 companies from 18 countries joined the index; the US is the company that added the greatest number of constituents (10), followed by the UK (6); one Spanish company joined. There were also three exclusions in this review.
In the most recent review, FTSE worked for the first time with Evalueserve to develop a new methodology which includes new features. There are now 14 themes instead of 6, distributed over three pillars: environmental (Climate Change, Pollution and Resources, Water Use, Biodiversity, Environmental Supply Chain), social (Labour Standards, Human Rights and Community, Health and Safety, Customer Responsibility, Social Supply Chain) and governance (Corporate Governance, Risk Management, Anti-Corruption, Tax Transparency), with more than 300 indicators. There is also an increased focus on quantitative data and on performance measurement, and the number of sector-specific indicators has also expanded. These criteria are reviewed every six months (March and September).
FTSE4Good comprises four benchmark indices: Global, European, United States and United Kingdom. The index is used by investors around the world to assess best practices and social responsibility criteria for the purpose of investment strategies.