Fomento de Construcciones y Contratas

Stakeholder engagement
Fomento de Construcciones y Contratas (FCC) discloses how often and through which channels it engages with various stakeholder groups.

Resource exploitation and circularity
Fomento de Construcciones y Contratas (FCC) discloses its inputs, including its material footprint.

Solid and air pollution
Fomento de Construcciones y Contratas (FCC) discloses the proportion of hazardous waste treated to reduce pollution compared to total waste, the hazardous waste diverted from disposal and the waste directed to disposal.

Indigenous Peoples’ and land rights
Fomento de Construcciones y Contratas (FCC) is committed to respecting Indigenous Peoples’ rights.

Sustainability strategy and accountability
Fomento de Construcciones y Contratas (FCC) discloses its process for identifying and prioritising its most relevant sustainability impacts as well as the outcome of this process, in relation to its sustainability strategy. While the company discloses some sustainability targets, no evidence that the company has group wide targets on key sustainability topics for the most material parts of its value chain based on the SBTN Sectoral Materiality Tool could be found in the public domain. The company reports consistently against all its targets. No evidence was found that the company links performance criteria in senior executives’ remuneration policies to targets and objectives which cover nature, including biodiversity, and social issues. The company does not disclose whether its highest governance body has expertise regarding nature-related topics.

Stakeholder engagement
Fomento de Construcciones y Contratas (FCC) does not disclose an overview of the issues raised during its stakeholder engagement activities.

Lobbying
Fomento de Construcciones y Contratas (FCC) discloses a list of trade associations of which it is a member wherever it operates. The company does not disclose a clear and detailed framework for assessing alignment of its trade associations with nature-positive policies. The company does not report (potential) misalignment between the lobbying activities of its trade associations and nature-positive policies.

Impact and dependencies assessment
Fomento de Construcciones y Contratas (FCC) has not holistically assessed its impacts or how it depends on nature, including biodiversity. It has an opportunity to start such an assessment across its value chains, focused on quantification of its impacts or dependencies.

Key areas and species
Fomento de Construcciones y Contratas (FCC) does not disclose key species or areas important for biodiversity affected by its operations or suppliers. It has an opportunity to increase its transparency.

Ecosystem conversion and restoration
No evidence was found regarding Fomento de Construcciones y Contratas (FCC)’s efforts to avoid ecosystem conversion, including deforestation, or promote restoration. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets.

Resource exploitation and circularity
Fomento de Construcciones y Contratas (FCC) does not report quantitatively on its group-wide circularity performance. The company does not disclose efforts to improve soil health.

Water
While Fomento de Construcciones y Contratas (FCC)’s overall water abstraction level has marginally decreased in 2021 compared to 2020, according to the report, Aqualia’s water abstraction levels were considered residuals and therefore were not included in the table. Considering the marginal reduction shown between 2021 and 2020, the data provided is not considered enough quantitative evidence. The company does not disclose a time-bound target to reduce water withdrawal across its own operations. The company does not report how much water is withdrawn for its own operations in water-stressed areas. The company does not engage with suppliers to reduce water withdrawal. The company does not report a decrease in water pollution. The company does not disclose its processes for managing and monitoring discharge water quality. The company does not regularly report on water pollution. The company does not disclose targets to reduce water pollution. The company does not disclose a commitment to respect the right to water. The company does not disclose its processes for implementing preventive and corrective action plans for identified specific risks to the right to water and sanitation in its own operations.

Solid and air pollution
While Fomento de Construcciones y Contratas (FCC) is reducing the production of hazardous waste, there is no evidence that the company reduces plastic use and waste in its own operations was found. The company does not report on the amount of plastic waste generated and proportions directed from or to disposal. The company reports regularly on air quality parameters of emissions of harmful air pollutants. The company does not report time-bound targets to reduce air pollutants across the most material parts of its value chain.

GHG emissions
No evidence that Fomento de Construcciones y Contratas (FCC) reduces its scope 1 and 2 greenhouse gas emissions was found. The company has a time-bound target to reduce its scope 1 and 2 emissions. The company does not report progress against its scope 1 and 2 emissions target. No evidence that the company’s scope 1 and 2 emissions target is aligned with a 1.5-degree trajectory was found. No evidence that the company reduces its scope 3 emissions was found. The company does not disclose a time-bound target to reduce its scope 3 emissions. The company does not report progress against its scope 3 emissions target. No evidence that the company’s scope 3 emissions target is aligned with a 1.5-degree trajectory was found.

Invasive species
Fomento de Construcciones y Contratas (FCC) has not identified any activities that could lead to the introduction of invasive alien species in its own operations.

Safe, clean, healthy and sustainable environment
Fomento de Construcciones y Contratas (FCC) does not disclose a commitment to respecting local communities’ right to a safe, clean, healthy and sustainable environment or to zero tolerance for acts of violence, threats, intimidation or judicial harassment committed against land and environmental rights defenders.

Indigenous Peoples’ and land rights
Fomento de Construcciones y Contratas (FCC) does not disclose its processes for identifying and recognising the rights of Indigenous Peoples when activities in its own operations may impact their rights, nor does it describe how it obtains Indigenous Peoples’ free, prior and informed consent. The company does not disclose a commitment to respect ownership and use of land and natural resources and related legitimate tenure rights, as set out in the relevant part(s) of the VGGTs or the IFC Performance Standards. No evidence was found that the company requires its business relationships to have a process to identify legitimate tenure rightsholders, paying particular attention to vulnerable or marginalised tenure rightsholders, and to negotiate with them to provide adequate compensation.

While Fomento de Construcciones y Contratas (FCC) discloses that it conducts due diligence in general, it has an opportunity to specify that it conducts human rights due diligence that includes a process for identifying human rights risks and impacts through its business relationships. No evidence that the company describes its process for assessing its human rights risks and discloses what it considers to be its salient human rights issues was found. While the company discloses that it conducts routine human rights risk assessments and that it remediates in locations with the highest risk, no evidence was found that it has a global system to act on all its salient human rights issues. No evidence that the company provides an example of the conclusions reached and actions taken or to be taken on at least one of its salient human rights issues as a result of assessment processes was found. While the company discloses the categories of stakeholders it engages with generally on sustainability issues, it is not clear if these stakeholders are those whose human rights have been or may be affected by its activities. While the company provides general examples of engagement with stakeholders, it has an opportunity to clarify if these stakeholders are those whose human rights have been or may be affected by its activities.

Fomento de Construcciones y Contratas (FCC) has a publicly available policy statement which shows it is committed to respecting the health and safety of workers. The company has a publicly available policy statement which shows it expects its suppliers to commit to respecting the health and safety of their workers. The company has an opportunity to disclose a time-bound target for paying all workers a living wage or that it has achieved paying all workers a living wage. The company has an opportunity to describe how it determines a living wage for the regions where it operates. While the company discloses the proportion of its total direct operation’s workforce covered by collective bargaining agreements, it states that monitoring only covers a percentage of the group. While the company states that it encourages its suppliers to respect employees’ right to freedom of association and the right to collective bargaining, it has an opportunity to describe how it works to support the practices of its suppliers in relation to those.

Fomento de Construcciones y Contratas (FCC) discloses a global tax strategy. The company takes steps to identify and address bribery and corruption. No evidence that the company includes anti-bribery and anti-corruption clauses in its contracts with business relationships was found. No evidence that the company has a publicly available policy statement or policy setting out its lobbying and political engagement approach was found. The company specifies that it does not make political contributions.