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Ferrovial receives "Silver Class" for Sustainability

Category: General / 16 March 2011

PricewaterhouseCoopers (PwC) and Sustainable Asset Management (SAM) have ranked Ferrovial as "Silver Class", in recognition of it being one of the world's most sustainable companies.

The study carried out by PwC and SAM since 1999 has been based on the analysis of 58 sectors and more than 2,000 out of the 2,500 largest companies incorporated in the Dow Jones Global Total Stock Market Index. Its objective is to identify companies that stand out for their ability to manage sustainability and, at the same time, represent an attractive investment opportunity. Adding all the categories (gold, silver and bronze) together, there are 20 Spanish companies among the world's most sustainable.

New sustainability risks in the assessment: Water

New risks relating to water sustainability have been introduced into the analysis of this 2010 edition. Analysts acknowledge the impact of this factor on the global economy. For this reason, the SAM questionnaire seeks to identify whether there are processes in place in companies to identify and mitigate exposure to risks related to water. This information needs to be integrated into information systems, forming part of company transparency, as well as to develop a global reporting standard on water metrics, as was done at the time with the measurement of carbon footprints under the Greenhouse Gas Protocol.

Furthermore, the recent adoption of the Law of Sustainable Economy (La Ley de Economía Sostenible) in Spain will lead to a greater number of requests for companies to make public their implementation of sustainability and CSR measures in business strategy, meaning that their decisions are directly related to the behavior and actions of the companies in this field.

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