Each project and asset is legally independent and has its own managers.
Reducing Emissions
All companies should focus on reducing their greenhouse gas emissions.
Greenhouse gas emissions are seen at all levels of industry, not only in the production of goods and the implementation of services, but also in all the indirect activities needed to add value for the end client. With the goal of achieving a decarbonized economy, we follow a series of guidelines published in the 2030 Agenda to reduce emissions.
Measuring and Reducing Emissions
The first step to control and reduce these CO2 emissions is to be able to measure them through the carbon footprint. Ferrovial has been auditing 100% of its greenhouse gas emissions since 2009, dividing them into those belonging to our activity (Scope 1 and 2) and those coming from the value chain (Scope 3).
This division allows us to establish different objectives for each activity. Our greenhouse gas (GHG) reduction objectives for our operations (Scope 1 and 2) have been approved by the Science Based Targets initiative (SBTi), which is in line with science. Our objective for Scope 3 GHGs complies with SBTi criteria, in line with the best current practices.
Ferrovial, in order to be more ambitious with the climate commitment, started the process in 2024 of re-validation of the new targets aligned with the 1.5º trajectory, in accordance with SBTi. Final validation was obtained in February 2025. The company has also established a plan to offset its direct emissions based on encouraging nature-based solutions (in 2024 Ferrovial has offset 22% of these total tons with reforestation and sustainable forest management projects).
2030 Plan
The company is committed to reducing Scopes 1&2 by 42% by 2030, taking 2020 as a reference year. It is also committed to reducing Scope 3 emissions by 25% by 2030, also using 2020 as a baseline.
Since 2020, we have reduced our Scope 1&2 emissions by 35.78%, meeting the established targets. With respect to Scope 3 emissions, in absolute terms they have been reduced by 18.08%. All this reflects that we are complying with the established roadmap. According to our estimates, by 2024 we have avoided around 574,644 tCO2e, a value bet that we will continue to maintain over time and places us each year in the most prestigious sustainability indices.
Emission Evolution
BY BUSINESS | 2009 (base-year) | 2020 | 2021 | 2022 | 2023 | 2024 |
Airports | 8,920 | 8,920 | 8,920 | 8,920 | 8,709 | 5,966 |
Construction | 298,144 | 269,029 | 236,053 | 211,166 | 229,776 | 238,730 |
Corporation | 896 | 516 | 539 | 372 | 154 | 159 |
Energy | 45 | 13 | 1,214 | 3,582 | 3,099 | 4,431 |
Infrastructure | 26,598 | 4,523 | 4,098 | 4,549 | 5,553 | 3,247 |
Waste Management | 267,290 | 239,472 | 225,926 | 232,688 | 103,323 | 82,994 |
TOTAL (tCO2e) | 601,893 | 522,473 | 476,749 | 461,278 | 350,613 | 335,527 |
Avoided Emissions
Avoided emissions (tCO2e) | 2009 | 2021 | 2022 | 2023 |
Purchase of renewable electricity | 4,813 | 38,010 | 36,952 | 37,057 |
By the capture of biogas in water treatment plants | 0 | 553,059 | 529,337 | 518,353 |
By energy generation in water treatment plants | 18,603 | 52,435 | 29,326 | 29,625 |
By triage activity | 0 | 168,505 | 169,067 | 100,982 |