Sacyr SA

To guarantee the application of the policies and the fulfillment of the established goals, we set up the Sustainability and Corporate Governance Committee, a delegate committee of the Board of Directors, and the Sustainability Committee, which are the most senior bodies responsible for ESG- related matters. [...] The annual monitoring of the Sacyr Sustainable Action Plan is a key aspect for achieving our goals. Each area involved reports the extent of their progress in each of the actions to the Strategy, Innovation and Sustainability Department, which in turn reports the global progress to the Sustainability Committee and the Sustainability and Corporate Governance Committee.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]The company ensures at all times that all of its direct and indirect activities are consistent with its overall climate change approach, thus reducing risks and impacts, as well as fostering opportunities. Sacyr indeed released at the end of 2021 its Corporate Climate Change Strategy that takes into account all of Sacyr's business areas and activities in the definition of targets and action lines, including its engagement approach.

In order to ensure that all of our activities that influence policy are consistent with our strategy towards climate related issues, 3 committees are in place with responsibilities to review, accept or prevent actions. As new activities will require the acceptance of at least one of these committees, we consider they entail a method to prove that activities are aligned with the core principles of our strategy.
1. The Sustainability and Corporate Governance Committee is mainly responsible for supervising and proposing ESG policies. The committee is made up of a majority of independent directors of different business units.
2. The Sustainability Committee is in charge of developing and executing the actions related to sustainability within a strategy aligned with the ODS. This committee is chaired by the group's CEO, and is made up of the general corporate manager, the general HR managers, the general comms and sustainability management, the business legal department, the secretary of the board of directors, and the heads of other business areas.
3. The Management System Committee has to prepare a study and analysis of the context and stakeholders, analyze the System Review Report, carry out the final consolidation of risks and opportunities.

As examples of activities, following our statement commitment to Business Ambition for 1.5 and our SBTs, in Nov 2021, Sacyr adhered to the Race To Zero campaign of the United
Nations to lead the drive towards a carbon-neutral economy. Being part of this initiative is a way of backing up the objective of moving towards a net zero economy as promoted by COP26 in which companies need to enlarge their contribution for the Paris Agreement.

Moreover, within the context of being part of the Spanish Green Growth Group, the company has developed the Best Practice Guidance for Corporate Climate Action Plans, presented in Glasgow, which recognizes the 12 most important elements considered to be best practices to develop a long-term climate action plan.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes