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Values. Corporate Responsibility

Canal Valores - Responsabilidad Corporativa

Guidelines to

Introduction

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Sacyr is committed to a responsible management model designed to create long-term value for all our stakeholders and to contribute to progress in society and the economy through sustainable development.

Sacyr considers corporate responsibility as an indisputable commitment to its stakeholders: the company must be respectful of society in all its operations and activities and always take account of the rights, needs and wishes of the different groups with which it interacts. This basic principle should shape all our business decisions, from strategic considerations to day-to-day management choices.

Therefore, corporate responsibility is a strategic priority for Sacyr. This is clearly reflected by the fact that it has been the Board of Directors, the company's highest corporate body, which has taken up the responsibility of defining, promoting and overseeing the Group's corporate responsibility strategy.

CR Action Plan

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Sacyr put in operation a Corporate Responsibility (CR) action plan, an instrument that will guide the responsible management of the Sacyr Group and all of its Group companies during 2014 and 2015.

The CR action plan is the first critical step towards prioritising CR initiatives and designing specific and measurable objectives to evaluate the efficiency of the Sacyr Group's responsible management. .

For further information on Corporate Responsibility (CR) action plan.

Mission, vision and values

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Our corporate purpose involves developing complex infrastructure and services projects. Our vision is that of a group leader, a touchstone in its sector with an international vocation. Our values serve us as a guide in our collective behavior: team spirit, excellence, innovation, flexibility and integrity.

We at Sacyr have renewed our mission, vision and values to adapt to the new environment and the group's strategic vision.

Mission:

The undertaking of complex infrastructure and services projects that:

  • Contribute to improving the quality of life of the general public;

  • Offer opportunities of personal and professional development to our employees;

  • Generate value for our clients, partners and shareholders.

Vision:

To be a leading group with an international vocation that serves as a touchstone for others by:

  • Undertaking innovative, high value projects;
  • Growing in a profitable and sustainable manner;

  • Offering quality professional opportunities for our employees;

  • Respecting the environment.

Values: 

  • Team spirit: Confidence, Collaboration, Loyalty;

  • Excellence: Rigor, Talent, Passion;

  • Innovation: Imagination, Creativity, Courage;

  • Flexibility: Resilience, Pragmatism, Austerity;

  • Integrity: Honesty, Transparency.

Global Compact

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Global Compact España

In 2007, Sacyr adhered to the ethical principles set out in the United Nations Global Compact, which promotes corporate citizenship by fostering the conciliation between business and civil society.

 

By adhering, Sacyr commits itself to support and practice the ten ethical principles that support this initiative. These are based on declarations and universal conventions, which can be grouped in four categories: human rights, labour standards, environment and anti- corruption. 

The commitment was renewed in 2011.

THE TEN PRINCIPLES OF THE GLOBAL COMPACT

Human Rights (Universal Declaration of Human Rights)

  • Businesses should support and respect the protection of internationally proclaimed human rights.
  • Businesses should make sure that they are not complicit in human rights abuses.

Labour Standards (The International Labour Organization’s Declaration on Fundamental Principles and Rights at Work))

  • Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining
  • Businesses should eliminate all forms of forced and compulsory labour.
  • Businesses should uphold the effective abolition of child labour.
  • Businesses should uphold the elimination of discrimination in respect of employment and occupation.

Environment (The Rio Declaration on Environment and Development) 

  • Businesses should support a precautionary approach to environmental challenges.
  • Businesses should undertake initiatives to promote greater environmental responsibility.
  • Businesses should encourage the development and diffusion of environmentally friendly technologies.

Fight Against Corruption (The United Nations Convention Against Corruption)

  • Businesses should work against corruption in all its forms, including extortion and bribery.