Corporate Responsibility Management

Material Issues

 Material Issues

To identify material issues at the corporate level, Ferrovial supplemented stakeholder expectation and risk analyses with a number of internal and external sources. The former revised Ferrovial's corporate responsibility policies (particularly the Code of Business Ethics) and its commitments to stakeholder demands.

External sources include the Global Reporting Initiative principles (GRI3), demands by sustainability analysts (Dow Jones, FTSE4Good, Triodes, the Sustainability Observatory), information on corporate responsibility published in the international media and information published by sector companies all over the world in their responsibility or sustainability reports. 25 annual reports from competing companies were reviewed in all.

The analyses of internal sources, risks and opportunities determine the degree of these issues' real or potential impact on Ferrovial; the analyses of external sources and stakeholder expectations examine the extent to which these issues are relevant to stakeholders.