2023
Ferrovial
Year
Sector
Transport
ACT assessment methodology
Generic
Performance Score
Although Ferrovial announces an ambition to be carbon neutral by 2050, this only applies to the company's scopes 1 and 2. In addition, the company has reduction targets on its 3 scopes for 2030 but uses a distant reference year (2009), which raises questions about the ambition of these targets, especially since they have all already been achieved in 2023. In addition, regarding the medium-term objectives (2030), a large part of the company's scope 3 is not covered.
Narrative Score
In terms of its action plan, the company has a target in terms of supplying 100% renewable energy by 2025 but gives little information on the action plan and investments aimed at transforming the core of its business model, which is road and airport infrastructure. Thus, past and present actions demonstrate that the company has a climate ambition, but more efforts are still needed to achieve the climate goals.
Trend score
Ferrovial should disclose the key actions and interventions that will enable it to achieve its objectives, as well as the emission reductions expected from these actions. In addition, Ferrovial could create new business models aligned with a low-carbon transition.
Source
Say on Climate 2024
Evaluator
Ethos
GLOBAL SCORE
Performance score (/100)
25
Disclosure score (/100)
100
ℹ️
Narrative Score (A > E)
C
Trend Score (- = +)
-
Scores by module
#1 : best score in the sample
N/A% = module not applicable to the sectoral methodology
Target Score : 12%
Material Investment Score : 30%
Intangible Investment Score : 13%
Sold Product Performance Score : 30%
Management Score : 57%
Supplier Engagement Score : 47%
Client Engagement Score : -%
Policy Engagement Score : 8%
Business Model Score : 16%
Indicator weight by module