The Board of Directors of FCC has approved the Group's Corporate Social Responsibility (CSR) Policy that sets out an action framework for the sustainable development of its business activities. This Policy is applicable to the entire Group. Under this policy, FCC meets the recommendations of the Spanish National Securities Commission (CNMV), which require the Company's highest governing body to approve a policy of socially responsible commitment.

In particular, the Policy approved by the FCC Board establishes the Group's commitment to ethics, environmental protection and the contribution of value to society in all of its business activities and in all of the geographical areas in which it operates.

Furthermore, the document brings together the values and principles of responsible conduct that must be present in the Group's diverse actions. These include: quality and innovation to work due meeting the demands of our clients with solutions, foresight and distinction; integrity to act under ethical codes of conduct; efficiency that helps to meet business objectives with resource optimization criteria; and social proximity and commitment that encompass the occupational wellbeing of people within the Group and the wellbeing of the communities in which it works.

This CSR Policy also establishes the fundamental objective of defining the Group's priorities in the area of Corporate Social Responsibility. FCC has aligned its priorities with those of the United Nations Development Agenda, which created a proposal towards the end of 2015 setting out 17 Sustainable Development Goals (SDGs) to be achieved by 2030. Spain and 193 other countries have committed to the goals. 

The 17 SDGs set out new challenges, including the fight against poverty and environmental protection, with the aim of getting UN member states to improve the lives of thousands of people around the world by means of a public-private alliance, comprising different governments, NGOs, companies and citizens.

Under the alignment with the goals of the United Nations and within the Group's CSR Policy, FCC has established three priorities regarding its socially responsible conduct. The first of these priorities is the connection with citizens, when establishing objectives that provide greater knowledge and understanding of the needs of citizens and public administrations, to subsequently promote with them actions that improve the development of cities and minimise the impact of their activities.

The second priority relates to smart services to drive innovation and quality initiatives for designing the best sustainable solutions regarding the mitigation of and adaptation to climate change, as well as the extension of positive social impacts and contribution to local development.

The third priority regards exemplary performance, establishing objectives that improve the control and supervision of its own conduct, as well as that of its suppliers and contractors, and is geared towards the protection of FCC personnel.

The Group's Board of Directors will ensure that the policy is complied with by means of its Executive Committee. The Corporate Social Responsibility Committee of FCC, the Corporate Responsibility Committees of the business areas and the Corporate Responsibility Management (within the Communication and CSR Management) will implement and drive the policy within the organisation. 

For the CSR Policy to be properly implemented the Company will need to establish specific projects responding to the commitments contained in it. In this regard, work is already being carried out on drawing up a new Master Plan proposal that will be submitted to the Board, which develops the CSR Policy and contributes to the Group's business objectives in an environment in which socially responsible conduct is increasingly sought in client projects.