Potential offtaker

Ferrovial

www.ferrovial.com

Estimated electricity consumption

N/A

Countries of production presence

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Ferrovial is a Spanish multinational company that operates in the infrastructure construction sector. The company was founded in 1952 and has since grown to become a leading player in the industry, with operations in more than 15 countries around the world. Ferrovial's core business is the construction and management of infrastructure projects, including highways, airports, and other transportation systems. The company is also involved in the provision of services such as waste management and water treatment.

One of the key areas of focus for Ferrovial in recent years has been decarbonisation. The company recognises the urgent need to reduce greenhouse gas emissions and has made a commitment to become carbon neutral by 2050. To achieve this goal, Ferrovial is taking a range of measures, including investing in renewable energy and implementing energy efficiency measures across its operations.

One of the ways in which Ferrovial is investing in renewable energy is through the use of corporate power purchase agreements (PPAs). PPAs are contracts between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy at a fixed price over a set period of time. By using PPAs, Ferrovial is able to secure a reliable source of renewable energy while also reducing its carbon footprint.

Ferrovial is also investing in corporate energy initiatives, which involve the implementation of energy efficiency measures across its operations. This includes the use of energy-efficient lighting and heating systems, as well as the installation of renewable energy technologies such as solar panels and wind turbines. By reducing its energy consumption and increasing its use of renewable energy, Ferrovial is able to reduce its carbon footprint and contribute to the fight against climate change.

In addition to its focus on decarbonisation, Ferrovial is also committed to sustainability in other areas of its business. The company has a strong focus on social responsibility and is committed to promoting diversity, equality, and inclusion within its workforce. Ferrovial also has a strong focus on health and safety, with a goal of achieving zero accidents across all of its operations.

Ferrovial's commitment to sustainability and decarbonisation is reflected in its business strategy and operations. The company has set ambitious targets for reducing its greenhouse gas emissions and is investing in renewable energy and energy efficiency measures to achieve these goals. Ferrovial's use of corporate PPAs and other renewable energy initiatives demonstrate its commitment to sustainability and its role as a leader in the transition to a low-carbon economy.

✓ Science Based Targets member
✓ Declared Net Zero commitment