2019 CORPORATE SOCIAL RESPONSIBILITY REPORT TABLE OF CONTENTS ABOUT COMSA ECONOMIC ENVIRONMENTAL SOCIAL ABOUT THE CORPORACIÓN SPHERE SPHERE SPHERE REPORT MAIN MILESTONES 2019 BUSINESS MODEL ENVIRONMENTAL COMSA CORPORACIÓN ABOUT THE REPORT CONTRIBUTION TEAM LETTER FROM THE RISK MANAGEMENT ADITIONAL CHAIRMAN INNOVATION EXTERNAL INFORMATION CORPORATE STRATEGY MANAGEMENT COLLABORATORS MORE THAN 125 YEARS ANNEX I: SDGS TABLE MAIN FIGURES OF HISTORY CLIENTS OF CONTENTS VALUE CREATION MISSION, VISION AND SOCIAL CONTRIBUTION ANNEX II: SDG CONTENT VALUES INDEX SDG COMMITMENT CORPORATE GOVERNANCE TRANSPARENCY, ETHICS AND INTEGRITY ABOUT COMSA CORPORACIÓN MAIN MILESTONES LETTER FROM MORE THAN 125 MISSION, VISION COMMITMENT TO CORPORATE TRANSPARENCY, ETHICS 2019 THE CHAIRMAN YEARS OF HISTORY AND VALUES THE SDG GOVERNANCE AND INTEGRITY MAIN MILESTONES IN 2019 International Presence Human Team » Commissioning of a new railway section between Gradec and Sveti Ivan Zabno, » Launch of the “COMStruimos Liderazgo” project, focused on improving the in Croatia. culture of leadership. » Track rehabilitation of the La Mata - Colonia Jordán section (33.5 km) of the » Inclusion in the Top 25 companies of the MEPS2, a model of business excel- Istmo de Tehuantepec Railway in Mexico. lence in occupational risk prevention. Economic area Environmental Impact and Contribution » Turnover of 777 million euros. » Signatories of the Spanish Government’s Circular Economy Pact » Portfolio of 1,167 million euros. » Membership of the #PorElClima Community initiative to reduce greenhouse gas emissions. Transparency, Ethics and Integrity » Review of the group’s compliance model, with the updating of the map of Social Impact and Contribution criminal risks, including those associated with corruption. » COMSA-UNHCR partnership, through the Salary Solidarity Programme, with » Review of the Conflict of Interest and Harassment Protocols, derived from the the aim of helping improve coverage of the basic needs of refugees. 1. ABOUT COMSA CORPORACIÓN 1. ABOUT COMSA Code of Ethics. » Creation of value at the local level, voluntary participation of professionals in social projects and promotion of culture and healthy habits. Innovation Management » Investment of more than 7 million euros in a total of 35 innovation projects. » Appointment of COMSA as a member of the Steering Committee of the Euro- pean Construction Technology Platform (ECTP). New railway line between Gradec and Sveti Ivan Zabno, Croatia Istmo Railway, Tehuantepec (Mexico) 4 MAIN MILESTONES LETTER FROM MORE THAN 125 MISSION, VISION COMMITMENT TO CORPORATE TRANSPARENCY, ETHICS 2019 THE CHAIRMAN YEARS OF HISTORY AND VALUES THE SDG GOVERNANCE AND INTEGRITY INTERVIEW WITH THE CHAIRMAN OF COMSA CORPORACIÓN Could you give an overall assessment of COMSA ability to overcome adverse scenarios. Corporación’s 2019 fiscal year? How is sustainability understood at COMSA Cor- The year 2019 was marked by two events of spe- poración? cial relevance for the group, such as the conclusion of the 2016-2020 Strategic Plan with the certainty Sustainability is fully integrated into the group’s of having achieved the established objectives and vision and mission and is one of the pillars of its having consolidated a sustained growth in our core 2020-2024 Strategic Plan. business, as well as the establishment of the bases for drawing up the new 2020-2024 Strategic Plan. Therefore, I would like to highlight our adhesion as a group to the United Nations Global Compact In 2019, we maintained sustained growth and closed in 2019, thus showing our commitment to the ful- the year with a global turnover of 777 million euros. filment of its 10 principles. To this end, we have 1. ABOUT COMSA CORPORACIÓN 1. ABOUT COMSA The group has been consolidated under the equity worked to align our business model with the Sus- method since January 2019, and therefore the re- tainable Development Goals (SDG), paying special sults of the Trakcja Group, its subsidiary in Poland, attention to the fight against climate change, gen- Jorge Miarnau, are not included. However, the comparison with the der equality and ending poverty. Chairman of COMSA Corporación same consolidation method shows an increase in turnover of almost 6%. In short, we believe that Corporate Social Respon- sibility is our way of showing how we integrate our We have an order book of 1,167 million euros, con- values into all areas of the group, reflecting the spir- centrating activity around our core business, which it that we want to integrate into the culture of all accounts for 97% of total turnover. Thus, in 2019, the those who together build COMSA Corporación day Infrastructure, Industrial Engineering, Maintenance by day. and Services, and Infrastructure Development and Concession businesses totalled 752 million euros. Of What actions would you highlight from this year note is the increase in the weight of the Engineering 2019? portfolio, which has gone from 14% to 22% of the group’s total turnover, with 185 million euros. As you will see in the following pages, our Corpo- I would like to highlight the positive evolution of the rate Social Responsibility report for 2019 is a pro- group in recent years following the serious econom- found exercise in reflection and transparency on our ic situation experienced in the previous crisis and its economic, environmental and social performance, 5 MAIN MILESTONES LETTER FROM MORE THAN 125 MISSION, VISION COMMITMENT TO CORPORATE TRANSPARENCY, ETHICS 2019 THE CHAIRMAN YEARS OF HISTORY AND VALUES THE SDG GOVERNANCE AND INTEGRITY INTERVIEW WITH THE CHAIRMAN OF COMSA CORPORACIÓN including the contribution of our activities to the Where are you going to focus in the future to make acknowledging all the stakeholders who have been sustainable development of the environments in further progress in contributing to sustainability? involved in our project to become a socially respon- which we operate. sible and committed company, and those who have In these moments of uncertainty, resulting from the given us their trust and support throughout the With regard to responsible management, the group Covid-19 crisis, we are confident in our strengths, past year. We will continue working to be a compa- has made progress in its commitment to the Sus- especially in the professional and human capacities ny focused on economic, social and environmental tainable Development Goals (SDG) by analysing the of all the collaborators who are part of the group, as growth, based on a commitment to sustainable de- most relevant ones for its activity and integrating well as in the robustness of our financial structures. velopment. these key elements into its corporate strategy. Thus, Needless to say, we maintain our commitment to for example, I would like to highlight the partnership growth based on with the UNHCR through the launch of the Salary Solidarity Programme, which aims to help improve efficiency, differentiation, sustainability and innova- coverage of the basic needs of refugees. tive creativity, in which the implementation of digi- Jorge Miarnau 1. ABOUT COMSA CORPORACIÓN 1. ABOUT COMSA tal tools will serve as a catalyst. Chairman of COMSA Corporación At the same time, aware that our human capital is our greatest asset, we have continued to make progress In this sense, the strategic priorities of sustainability in the lines of action set out in the COMStruimos are directly aimed at our employees, commitment project, based on talent management, equal to our stakeholders, sustainable performance, cor- opportunities and non-discrimination, promoting porate governance and business ethics, as well as diversity, fostering work-life balance, and promoting innovation. a safe and healthy working environment. In the context of the fight against climate change, Also, and in the same line of caring for our employ- one of our challenges is to contribute to the miti- ees, in 2019 we received new awards, among which gation of the climate emergency and, to this end, I would like to highlight the Top 25 of the Monitor we are drawing up a strategic plan against climate of Excellence in Occupational Health and Safety change with specific actions and rigorous indica- (MEPS2), which rewards and stimulates the culture tors, with the aim of progressively reducing our of prevention in organisations. CO2 emissions and achieving carbon neutrality by 2050. Finally, I would like to conclude by expressly 6 MAIN MILESTONES LETTER FROM MORE THAN 125 MISSION, VISION COMMITMENT TO CORPORATE TRANSPARENCY, ETHICS 2019 THE CHAIRMAN YEARS OF HISTORY AND VALUES THE SDG GOVERNANCE AND INTEGRITY MORE THAN 125 YEARS OF HISTORY Already in the 1940’s, coinciding Founded in 1891 in Reus, COMSA focused with the second generational its activities in its early years on railway change, it began to diversify its track works and station renovation. activities, with new areas of Knowledge of the infrastructures and civil engineering, starting the skills of its professionals quickly the construction of all made COMSA one of the leading railway types of works. companies of the time. Committed to sustainable growth In the 1960’s, the third family generation and innovation, COMSA promoted the mechanisation of railway Corporación is fully track works, and began the expansion of the group throughout Spain, which focused on quality, was consolidated in the following years, professionalism and client 1. ABOUT COMSA CORPORACIÓN 1. ABOUT COMSA culminating with participation in the first satisfaction, with respect Spanish high-speed