Anticorruption Policy
Our values, as set out in the Code of Business Ethics, entail a commitment to the highest standards of integrity, transparency and respect for the law and for human rights.
Consequently, Ferrovial requires that its business be conducted in accordance with these principles and with the utmost respect for the national and international laws that are applicable to it.
Ferrovial’s Anticorruption Policy, which was approved by the Board of Directors in 2014 and amended in 2016, governs the behavior of all Ferrovial directors, executives and employees, as well as partners, in the conduct of business. Ferrovial has implemented a policy of zero tolerance with any practice that may be defined as corruption or bribery, whether active or passive, and it applies to interactions between Ferrovial and any person, not merely to those between Ferrovial and civil servants.
Ferrovial is an international group that operates in many countries and geographical areas. Each country may have specific anti-corruption legislation. This means that Ferrovial is subject to compliance with a broad range of regulations, including:
- Spain’s Criminal Code
- US Foreign Corrupt Practices Act
- UK Bribery Act
- United Nations Convention against Corruption
- OECD Anti-Bribery Convention
These regulations prohibit active and passive corruption of civil servants, as well as active and passive corruption in business among individuals.
The Policy imposes compliance with anti-corruption laws worldwide, in particular the laws that prohibit any type of bribery.
To oversee the Anticorruption Policy, the company has internal oversight and control processes to avoid actions that might be classified as corruption or bribery of any kind. Ferrovial’s subsidiaries are also required to have in place accounting practices to ensure the accuracy of accounting books and records.
