Ferrovial

Ferrovial's reported carbon emissions

Ferrovial, headquartered in Spain, has set ambitious climate targets, including a commitment to reduce absolute Scope 1, 2, and 3 emissions by 90% by 2050, using 2020 as a baseline. They also aim for net-zero greenhouse gas emissions across their value chain by 2050. In terms of recent emissions, for the reporting year 2025, Ferrovial reported a total of approximately 2.19 billion kg CO2e. This comprises Scope 1 emissions of around 283 million kg CO2e, Scope 2 emissions (market-based) of approximately 1 million kg CO2e, and Scope 3 emissions totalling about 1.92 billion kg CO2e. For the 2024 reporting year, total emissions were approximately 2.19 billion kg CO2e. This breaks down into Scope 1 emissions of about 307.2 million kg CO2e, Scope 2 emissions (market-based) of approximately 28.6 million kg CO2e, and Scope 3 emissions of around 1.88 billion kg CO2e. In the 2023 reporting year, total emissions were approximately 2.04 billion kg CO2e, with Scope 1 emissions at about 323.2 million kg CO2e, Scope 2 emissions (market-based) at approximately 27.5 million kg CO2e, and Scope 3 emissions at about 1.68 billion kg CO2e. Ferrovial's climate strategy includes near-term targets, such as a 42% reduction in absolute Scope 1 and 2 emissions by 2030 (base year 2020). They are also targeting a 25% reduction in absolute Scope 3 emissions for specific categories (purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, and waste generated in operations) by 2030, also from a 2020 base year. These targets are aligned with a 1.5°C pathway.