- This achievement reinforces the solid commitment of the company to the SDGs, that has turned it into the most sustainable infrastructure operator in the world, according to the Dow Jones Sustainability Index
AENOR has recognized Ferrovial as the first company to certify its Sustainability strategy with the United Nations’ Sustainable Development Goals (SDGs). This certification highlights the company’s actions against climate change, one of the greatest environmental challenges facing society, and in which companies are playing a decisive role. This achievement reinforces the solid commitment of the company to the SDGs, that has turned it into the most sustainable infrastructure operator in the world, according to the Dow Jones Sustainability Index.
AENOR’s certification model aims to highlight business contributions to the SDGs and reaffirm the importance of companies incorporating these objectives into their strategies.
Ferrovial is striving to coordinate all of its Sustainability actions to achieve Sustainable Development Goal 13, ‘Climate Action’.
Thus, the company has set up several lines of action in its Climate Strategy that aim to contribute to the economy’s decarbonization and combating the effects of climate change. Ambitious targets for emission reduction have been established for 2030. These are endorsed by the internationally recognized Science Based Targets initiative, and they’re based on the energy efficiency of stationary sources, proportional electric vehicle renovations, and purchasing electricity from renewable sources, among other actions.
Renewable sources and carbon neutrality
Another commitment is to have 100% of electricity from renewable sources by 2025. Ferrovial also aims to achieve carbon neutrality by 2050, which means that any emissions from its activities that have not been reduced must be offset.
Ferrovial is also carrying out actions in line with the recommendations made by the Task Force on Climate-Related Financial Disclosures (TCFD). It is therefore considering the risks and opportunities arising from climate change. For its strategy, the company closely analyzed climate change in terms of financial and reputational risks, legislative changes, market and physical risks, and so on, trying to find new sustainable solutions that will help clients, users, and society.
“We are an infrastructure company. We’re trying to promote new sustainable mobility models, like carsharing in Madrid with our brand ZITY. We’re also focusing on the issue of water, which is one of the biggest consequences of climate change. There are going to be problems not only of quantity, but also of quality, and we have been offering solutions in that regard for years. Renovating homes could be a niche market because housing is one of the major energy consumers in cities, and many homes are now obsolete in terms of energy.”
This AENOR certification highlights the importance of including the SDGs in business strategies to provide the framework for economic recovery. It also shows the value of companies as key players in achieving these objectives, and it emphasizes our commitment to the United Nations 2030 Agenda.
This distinction offers companies several benefits:
- Providing a worldwide certification system by a leader in international sustainability.
- Transferring commitments to interested parties.
- Combining this model with other international reports.