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2014 Corporate Social
Responsibility
ABENGOA
ABEINSAInfraestructures for a sustainable world
Table of Contents
1. Report from our chairman
	 Report from our chairman
	 Milestones in 2014
	 How did we prepare this report?
	 What do we do?
	 Where are we located?
2. Abeinsa and economic development
	 Projects in 2014
	 A risk prevention mindset
	 How do we finance our projects?
	 Innovation and technology
	 Social engagement
	 Responsible procurement
	 Local community development
3. Abeinsa and its employees
	 Key figures
	 Human rights
	 Employee communication
	 Personal & work life
	 Equal opportunities for all
	Training
	 Occupational risk prevention, target 0 accidents	
	 Social engagement and employee benefits
4. Abeinsa and the environment
	 Environmental protection and stewardship
	 We measure, monitor and reduce GHG emissions to combat climate change
	CO2
and Global Footprint labeling
	 We protect biodiversity
	 We make the best possible use of our waste
	 We exercise responsibility in the use of raw materials
	 Components of the main international sustainability indexes
5. Appendices
	 Report verification review (Appendix A)
	 GRI Content Index (Appendix B)
	 Report from our chairman (Appendix C)
	 Abeinsa and economic development (Appendix D)
	 Abeinsa and the environment (Appendix E)
	 List of companies (Appendix F)
	 Management structure (Appendix G)
10 yearspublishing our sustainability report
ABENGOA
ABEINSA
Annual Report 2014   pag. 2
Report from
our chairman
01
ABENGOA
ABEINSA
Annual Report 2014 | Report from our chairman pag. 3
Report from our chairman
Abeinsa, the Abengoa business group dedicated to engineering
and construction, is a technology-based international provider of
global solutions for the energy, water, environment, infrastructure
and service sectors. Backed by over 70 years of experience, the
company specializes in the execution of complex turnkey projects.
Abeinsa’s business model is sustainability-based, and the
company’s activities in power generation and transmission
and hydraulic and environmental infrastructure revolve around
this model. Abeinsa promotes the use of clean, renewable
energy and efficient management of resources. Abeinsa’s
vision, mission and values reflect the company’s unwavering
commitment to economic and social progress, while contributing
to environmental conservation and observance of fundamental
rights.
Abeinsa is among the top twenty international builders
according to the ranking published by ENR (Engineering
News Record), the prestigious international construction
industry magazine. Additionally, for the second year in a
row, the company is listed as the global leader in electrical
infrastructure and, for the fourth consecutive year, is ranked
as the top international solar power contractor. Abeinsa is
also ranked second among international cogeneration plant
builders.
For the first time ever, this year’s report groups together the main
activities conducted by Abeinsa over the course of the year, as
well as the company’s CSR policies and initiatives. This is also the
first time the report has been prepared in accordance with the G4
Guidelines of the Global Reporting Initiative.
At Abeinsa, we understand CSR as the integration into company
strategy of the expectations of our stakeholders: employees,
suppliers, communities, public administration and customers.
Abeinsa consolidates its position in the international
market according to the ranking published by ENR.
G4-1, G4-2, G4-3, G4-24
Abeinsa’s
business
model is
based on
sustainable
Solar energy
Power transmission and distribution
Cogeneration
Water treatment and desalination
ABENGOA
ABEINSA
Annual Report 2014 | Report from our chairman pag. 4
In each of its geographies of operation, Abeinsa effects strategic
plans that include CSR plans, which are adapted to the particular
characteristics and needs of the places where we execute our
projects and in line with Abengoa’s strategic CSR plan.
Abeinsa’s activities span the entire value chain, which is adapted
to each and every activity carried out by the company.
In 2014, Abeinsa completed highly significant projects, including
our second solar thermal plant in the U.S. and Abengoa’s first
commercial-scale next-generation biofuel plant in Hugoton. We were
also selected to build the first solar thermal plant for direct electricity
production in Latin America.
As part of Abengoa’s asset rotation strategy, April saw the sale
of diverse concession assets to associate company Abengoa
Concessions. For this reason, some of the data contained in this
report are not comparable to the data presented in 2013.
The assets sold were the following:
›› - A wind power project in Uruguay.
›› - Various transmission lines in Chile and Peru.
›› - A cogeneration project in Mexico.
In 2014, we joined the London Benchmarking Group (LBG) to
continue to strive to improve return on our social engagement and
increase the value created in the communities where we operate.
We welcome you to visit both the Abengoa Corporate Social
Responsibility mailbox (rsc@abengoa.com) and our website
(www.abeinsa.com).
Alfonso González Domínguez.
Chairman of Abeinsa
Value Chain
G4-1, G4-2, G4-24
Future monitoring of results
according to the 2020
strategic plan.
Abengoa has drawn up a strategic
CSR plan for the next five years.
The plan establishes improvement
targets in all economic, social
and environmental realms and
includes an outline of initiatives
and strategies.
Promotion
Financing
Engineering
Manufacturing
and Procurement
Construction
O&M
Integration
Risk management
ABENGOA
ABEINSA
Annual Report 2014 | Report from our chairman pag. 5
January
Largest solar thermal
project in Latin America
February March April May June
Contract awarded for
electrification of 250 km of
rail track in the
United Kingdom
Awarding of a photovoltaic
project in the U.S.
Inauguration of the Peralta
Wind Farm (50 MW) in
Uruguay
377 km of new
transmission lines in Brazil
Awarding of first-time
project in Colombia
Completion in the U.S.
of the world’s largest
single-axis photovoltaic
plant.
New desalination project in
Morocco
Significant mining project
won in Peru
New capital goods
manufacturing facility in
China
Completion of a water
treatment plant in Angola
Contract awarded to
execute a 250-km smart
water management grid in
Turkey
Milestones in 2014
G4-13
ABENGOA
ABEINSA
Annual Report 2014 | Report from our chairman pag. 6
July
First transmission project
concession in India
August September October November Diciembre
Diamond Procurement
Award
New transmission project in
Argentina
Hugoton inauguration in
the U.S
World’s largest biomass
plant awarded in Belgium.
Ibero-American Quality
Award
Ain Beni Mathar
awarded prize from the
African Development
Bank (Morocco)
Unique water delivery
project awarded in the U.S.
Global leadership in
developing electrical
power transmission and
solar power projects
Five new transmission
projects in Chile
Completion of the Mojave
complex in the U.S.
G4-13
20th anniversary in Peru
ABENGOA
ABEINSA
Annual Report 2014 | Report from our chairman pag. 7
Further highlights
Abeinsa’s key figures in the economic,
environmental and social dimensions in 2014
Click here to view the complete responsible management balance sheet
Sales
€ 4,556 M
EBITDA
€ 687 M
Backlog
€ 7,758 M
CO2 emissions prevented from being
released into the atmosphere
625,182 t
hours of training per employee
51.5
hours dedicated to volunteering
9,095
purchasing from local suppliers
72.4 %
suppliers screened
8,929
G4-9
ABENGOA
ABEINSA
Annual Report 2014 | Report from our chairman pag. 8
How did we prepare this report?
Each year, Abeinsa’s CSR Report provides reliable and consistent
information and describes the most relevant changes over the year
in relation to the social, economic and environmental impacts of
its activities, as well as any aspects of potential relevance to the
company’s stakeholders.
Abeinsa has been publishing its Sustainability Report annually since
2005 in accordance with the criteria and directives established under
the 2002 GRI G4 guidelines. CSRR 2014 was prepared in line with the
comprehensive “in accordance” option.
In turn, as an independent external verifier, the firm of PwC reviewed,
with a reasonable level of assurance, the application of the AA1000APS
(2008) Standard, the world’ first sustainability assurance norm providing
information quality and accuracy, as well as the main and supplementary
indicators reported in the CSRR. The report issued by PwC describes the
scope of review, pertinent standards, tasks performed and conclusions
gathered. This report can be found in the Report Assurance Review
Report section.
The CSRR was prepared this year based on the relevant issues obtained
from the meeting of the Committee on Relevant Issues held with
Abeinsa employees representative of category, gender and geographical
diversity.
The complete report preparation process ensures transparency in Abeinsa
communications and contributes to generating confidence among the
company’s stakeholders.
«Abeinsa adapts to
the new GRI G4
Guidelines
G4-18, G4-19, G4-25, G4-26, G4-27, G4-28, G4-29, G4-30, G4-32, G4-33
Phase I: identifying relevant issues
Based on the examination of materiality conducted
by Abengoa in the preceding year, issues defined
by the Independent Panel of Experts on Sustainable
Development (IPESD), issues included in the Abengoa
Strategic Social Responsibility Plan (SCSRP), matters
defined by the Sustainability Accounting Standards Board
(SASB) and those analyzed in Phase II.
Phase II: external assessment of relevant issues
External identification and prioritization of issues and
interviews, including the following:
Phase III: internal prioritization of issues
Committee on Relevant Issues. Prioritization of relevant
issues carried out by Abeinsa employees.
investors press analysis
endorsers
Abengoa
consultation
Reportar
N
o
Reportar
Reportaren
otros
inform
es
100 %
100 %
75 %
75 %
50 %
50 %
25 %
25 %
0 %
0 %
Foco
Relevanciaexterna
Relevancia interna
ABENGOA
ABEINSA
Annual Report 2014 | Report from our chairman pag. 9
What are the principles underlying report
preparation?
Abeinsa has applied the following aspects to determine relevant issues,
define report contents and ensure information quality:
›› The three principles established by the AA1000AS Standard:
inclusivity, relevance and responsiveness.
›› The four GRI guidance principles: materiality, stakeholder
engagement, sustainability context and completeness.
›› The principles related to report preparation quality: balance,
clarity, accuracy, timeliness, comparability and reliability.
These principles are all interconnected, with the company choosing
materiality as the cornerstone upon which the others rest.
Materiality and relevance
The information contained in this CSRR covers aspects
and indicators that reflect the company’s significant social,
environmental and economic impacts or those which
could substantially influence stakeholder assessments and
decisions. In other words, it covers any information which,
if omitted or distorted, could influence the decisions or
actions of Abeinsa’s stakeholders.
To ascertain which issues are material and relevant to the
company and its stakeholders, Abengoa conducts yearly
materiality analysis, consisting of a procedure for selecting relevant CSR
topics grounded in two intersecting bases of analysis:
›› External factors: those relating to the expectations of Abeinsa’s
stakeholders and the importance they attach to the different issues.
›› Internal factors: determining the importance of the different issues
for business, company management and fulfillment of business
strategy objectives in accordance with the principle of inclusivity
defined by AA1000AS (2008).
This analysis is also valid for Abeinsa given that the company’s activity is
likewise focused on the energy and environment sectors. And the same
list of external factors can be applied, for which the following sources
were taken into account:
›› International reporting standards, primarily the GRI and the
AA1000AS (2008).
›› Analysis of good practices among leading companies in the
energy and environment sectors.
›› Socially responsible investors. Analysis of indexes such as the
DJSI and the FTSE4Good aids in identifying issues that are relevant
for investors and shareholders.
›› International initiatives, including the United Nations Global
Compact and Caring for Climate. These and other voluntary
agreements comprise a series of principles which engage the
company in a set of commitments that are assessed each year,
which facilitates the identification of new material topics.
›› Analysis of readers’ reactions to the previous year’s report taken
in through the communication channels in place for this purpose.
G4-18, G4-19, G4-25, G4-26, G4-27, G4-33
«Abeinsa’s report is based on
the principle of materiality,
focusing on issues that are
relevant.
ABENGOA
ABEINSA
Annual Report 2014 | Report from our chairman pag. 10
We focus our report on materiality
In order to identify the issues which are material for Abeinsa, the
company has applied the content requirements established under the GRI
G4 Guidelines in preparing this report. This guide defines the materiality
process as the task of identifying what is important and where it is
important, which increases the relevance of two variables: the company’s
value chain and the main geographic areas in which it operates.
Abeinsa conducted a study on materiality in 2014, taking both variables
into consideration.
The process began by taking into account the issues determined to be
relevant, analysis of the external documentation process, observation
of public information issued by other competing companies operating
in the sectors in which Abeinsa operates and the questions posed by
the Independent Panel of Experts on Sustainable Development (IPESD).
In addition to identifying new topics, the aim of this process is to focus
efforts on delving deeper into the matters already deemed relevant by the
company in order to approach prioritization from different perspectives
and progressively adopt different variables, such as the components
that make up the company’s value chain and the territories in which the
company carries out its activities.
The next step was to categorize the issues raised according to their
importance for a company such as Abeinsa (sector). A methodology was
also developed to enable the company to carry out external and internal
prioritization of the list of previously identified issues.
External prioritization was conducted by analyzing the information
deemed important by different endorsers and opinion creators, taking
into account the influence of each topic in the decision-making process
of the company’s stakeholders and examining the reputational crises
arising in 2014. In selecting endorsers for consultation, the different
sectors of company operation were taken into consideration. In total,
priorities were established based on 20 organizations.
Also taken into account were the stakeholder communication channels
the company has in place (including customers, investors, suppliers and
local communities).
Internal prioritization was carried out at the annual meeting held
at Abeinsa by the Committee on Relevant Issues. Composed of ten
employees from representative company areas and presided over by the
CSR director, the committee makes assessments of the importance in
terms of impact on the business of each matter at the different points
along the value chain.
G4-18, G4-19, G4-25, G4-26, G4-27, G4-33
«The GRI Content Index helps locate principles and
indicators within the text
ABENGOA
ABEINSA
Annual Report 2014 | Report from our chairman pag. 11
Results of the 2014 Committee on Relevant
Issues
The diagram below shows the results obtained from internal and external
prioritization. This provides the basis for determining the topics on which exhaustive
information (“focus”) should be included and those which must be published in
the CSRR (“report”), and indicates the number of times that each matter impacts
the components of the value chain, which is represented by the size of the spheres.
The company continues to work on identifying the main geographies in which the
“focus” issues bear greater relevance.
100 %
100 %
75 %
75 %
50 %
50 %
25 %
25 %
0 %
0 %
Weighted
internal
relevance
Points
along
the chain
where
relevant
Relevancia
externa
Risk of corruption, bribes, fraudulent practices and
money-laundering.
3.1 67% 7 82%
Financing 4.6 100% 6 53%
Adapting the company to the environment in which it
operates
3.8 83% 7 43%
Human Rights 4.1 89% 4 37%
Innovation 3.8 83% 5 57%
Working conditions: family and work life balance, equal
opportunities at work, career development, etc.
4.3 93% 5 83%
Health and safety of company employees and
contractors
3.9 85% 4 100%
Climate change 3.2 70% 7 64%
Consumption of raw materials 3.2 70% 3 45%
Water: efficient use thereof 2.8 61% 3 43%
Reducing the amount of waste generated 2.5 54% 1 58%
Communication with local communities 3.5 76% 4 30%
Identification and monitoring of the source of raw
materials
3.1 67% 1 46%
Product and service quality 4.6 100% 6 66%
Reinforcing brand image 3.9 85% 7 85%
Externalrelevance
Internal relevance
G4-18, G4-19, G4-20, G4-21, G4-22, G4-23, G4-24, G4-25, G4-26, G4-27, G4-33
Focus
To
be
reported
To
be
reported
in
other
N
otto
be
reportedreports
ABENGOA
ABEINSA
Annual Report 2014 | Report from our chairman pag. 12
The committee came up with the following results in determining the
material issues that were taken into consideration for preparation of this
report:
›› Working conditions: family and work life balance, equal
opportunities at work, career development, etc.
›› Health and safety of company employees and contractors.
›› Reinforcing brand image.
›› Risk of corruption, bribes, fraudulent practices and money-
laundering.
›› Financing.
›› Adapting the company to the environment in which it operates.
›› Human rights.
›› Innovation.
›› Climate change.
›› Reducing the amount of waste generated.
›› Product and service quality.
These other issues proved optional:
›› Water: efficiency in use thereof.
›› Communication with local communities.
›› Identification and monitoring of the source of raw materials.
›› Consumption of raw materials.
Scope of the information included in CSRR 2014
Unless specified otherwise in the text or in the data reported, all of
the information and performance indicators included in the CSRR
relate to the activities carried out in 2014 by the organization’s
companies that have a significant social, environmental and economic
impact both within and beyond the boundary of the organization.
G4-18, G4-19, G4-20, G4-25, G4-26, G4-27
ABENGOA
ABEINSA
Annual Report 2014 | Report from our chairman pag. 13
What do we do?
G4-4, G4-8, G4-9
ABENGOA
ABEINSA
Annual Report 2014 | Report from our chairman pag. 14
Solar plants
Abeinsa is a pioneer in solar power plant construction with
2,200 MW completed and 484 MW under construction
Photovoltaic, solar thermal tower, parabolic trough and integrated
solar-gas facilities
Other renewable plants
Wind power, biomass and Waste to Energy (W2E).
Conventional generation
9 GW of installed power in conventional generating projects
Combined cycles, cogeneration and others
Biofuels
Abeinsa has built biofuel plants which produce more than
2,500 ML per year.
Desalination plants
Abeinsa has built water purification plants to provide drinking
water to more than eight million people and plants with the
capacity to treat over 1,500,000 m3 of water per day
Water transport and distribution
Abeinsa has built desalination plants with a total capacity
surpassing 1.5 M m3 per day.
Rail transport
Subway, conventional and high-speed lines.
Major transmission systems
International leaders for the 7th straight year in power
transmission and distribution.
More than 25,000 km of transmission lines and 287 electrical
substations worldwide over the past l0 years.
G4-4, G4-8
ABENGOA
ABEINSA
Annual Report 2014 | Report from our chairman pag. 15
Industrial plants and electrical and
mechanical installations
Manufacturing
Steel structures
Over forty years of experience in the industry.
Production centers in Spain, Mexico and India with an overall
production capacity of 150,000 t per year.
Capital goods
Backed by seventy years of experience, and 25,000 m2
distributed into three production centers, two in Spain and
one in China.
Procurement and provision
More than 70 years of experience and expertise in marketing
and distribution of electrical and electronic material.
Turnkey execution from supplier selection to deliverable
implementation.
Singular buildings
Abeinsa develops and operates hospitals, government
buildings, courthouses, cultural centers and penitentiary
facilities, among others.
Engineering
Global leader in solar thermal technology engineering
development.
Energy efficiency and climate change
consulting
Energy audit and environmental consulting services for low-carbon
projects, voluntary emissions compensation and sustainable mobility
projects, among others.
Operation & Maintenance
O&M services in the energy, water and environment fields.
G4-4, G4-8
ABENGOA
ABEINSA
Annual Report 2014 | Report from our chairman pag. 16
Where are we located?
Headquartered in Seville (Spain), Abeinsa enjoys a presence in 41
countries, operating through the organization’s more than 250
companies, subsidiaries, holding companies, installations and offices.
Abeinsa envisages an ever-growing company presence in American and
Asian markets in the coming years.
North America
Canada
Mexico
United States
Latin America
Argentina
Brazil
Chile
Colombia
Costa Rica
Guatemala
Nicaragua
Panama
Peru
Uruguay
África
Algeria
Angola
Ghana
Kenya
Morocco
South Africa
Oceanía
Australia
Europa
Belgium
Denmark
France
Poland
Spain
Switzerland
Turkey
Ukraine
United Kingdom
Asia
China
India
Israel
Japan
Kuwait
Nepal
Oman
Saudi Arabia
Singapore
South Korea
Sri Lanka
United Arab Emirates
G4-5, G4-6, G4-8
41countries
around the globe
ABENGOA
ABEINSA
Annual Report 2014 | Report from our chairman pag. 17
Abeinsa and
economic
development
02
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 18
Projects in 2014
Energy & Environment
Solar power plants
Atacama (Chile)
Latin America’s first solar thermal complex for direct electricity
production.
Tower technology (110 MW) and photovoltaic plant (100 MW).
17.5 hours of storage capability.
Under construction
G4-8
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 19
Mojave (California, U.S.)
Parabolic trough technology (280 MW).
To deliver clean energy to 91,000 households.
Mount Signal Solar (California, U.S.)
Largest single-axis photovoltaic plant in the world.
To supply clean energy to 72,000 households.
G4-8
Energy & Enviroment > Solar power plants
«No.1 international solar power
contractor
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 20
Lone Valley (California, U.S.)
30 MW photovoltaic project.
Khi (South Africa)
Africa’s first solar power tower (110 MW).
Under construction.
G4-8
Energy & Enviroment > Solar power plants
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 21
Kaxu (South Africa)
First solar thermal power plant in South Africa
Parabolic trough technology (100 MW) with 2.5 hours of storage capability.
Xina (South Africa)
100 MW solar thermal plant employing parabolic trough technology
with 5 hours of storage capability.
Under construction.
Ashalim (Israel)
Employing parabolic trough technology, this solar thermal plant is the
largest in the country (110 MW).
Under construction.
G4-8
Energy & Enviroment > Solar power plants
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 22
Other renewable power plants
Waste to Energy (Arizona, U.S.)
Electric energy production plant (15 MW) from urban solid waste.
B2E Ghent (Belgium)
The largest newly constructed commercial biomass plant in the
world (215 MW)
Under construction.
Hugoton (Kansas, U.S.)
Hugoton (Kansas, U.S.)
Abengoa’s first commercial-scale next-generation biofuel plant.
G4-8
Energy & Enviroment > Other renewable power plants
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 23
Talas de Maciel Wind Farm (Uruguay).
70 MW
Under construction.
Mamacocha hydroelectric power plant (Peru).
To deliver clean energy to more than 10,000 households,
preventing the emission into the atmosphere of 43,000 t of CO2
each year (20 MW).
Under construction.
Cadonal Wind Farm (Uruguay)
50 MW
Under construction.
Peralta Wind Farm
(Uruguay)
50 MW
G4-8
Energy & Enviroment > Other renewable power plants
«No. 1 private wind power
developer in Uruguay
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 24
Conventional power generation
440 MWe combined-cycle
plant in Portland (Oregon).
To provide half of the city’s
population with electrical power.
Under construction.
Operation and
maintenance over a 25-
year period. The plant
will produce electricity
to power more than
500,000 homes per
year.
15 MW cogeneration plant in Pasadena (Texas, U.S.).
G4-8
Energy & Enviroment > Conventional power generation
924 MW combined-cycle plant in Ciudad Juarez.
924 MW
Under construction.
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 25
1. Expansion of the New
Pemex cogeneration plant.
1,245 MW. To ensure steam
supply of 100% to the New
Pemex Gas Processing Complex.
Green Seal, Green Bond. (GB)
Under construction.
	
2. Centro Morelos (Mexico)
640 MW combined cycle that
will generate power to meet the
supply needs of over 280,000
households.
Under construction.
3. Stalowa Wola (Poland).
With its 450 MW capacity, it
is the largest combined-cycle
plant in Poland and will provide
electricity, heating and hot water
for 10,000 homes.
Under construction.
4. Dead Sea (Israel)
220 MW conventional power
generation plant.
Under construction.
1
3 4
2
G4-8
Energy & Enviroment > Conventional power generation
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 26
Water treatment and transport
Water supply and treatment
plant in San Antonio (Texas,
U.S.).
168,970 m3 of water per day per
annum. 30-year O&M.
Under construction.
The world’s first solar-
powered desalination
plant (Saudi Arabia).
Reverse osmosis. Capacity
to treat 60,000 m3 of sea
water per day. To supply
water to 200,000 people.
Under construction.
250-km smart water
management grid in Denizli
(Turkey).
Under construction.
G4-8
Energy & Enviroment > Water treatment and transport
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 27
1. Zapotillo Aqueduct
(Mexico) To benefit more
than one million inhabitants
of Guanajuato. 25-year
concession.
Under construction.
2. Largest desalination plant
in Morocco.
To supply 100,000 m3 of
drinking water each day to the
drought-affected population of
Agadir.
Under construction.
3. Chile’s first desalination
plant.
Under construction.
4. Tenes, Abeinsa’s third
desalination plant in Algeria,
with the capacity to desalinate
200,000 m3 of water per day.
1
3 4
2
G4-8
Energy & Enviroment > Water treatment and transport
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 28
1. Accra, Ghana’s first
desalination plant. Reverse
osmosis technology with the
capacity to desalinate 60,000 m3
of water per day.
2. Water treatment plant in
Angola, with the capacity to
treat 16,300 m3 of water per
day.
3. Reverse osmosis
desalination plant in Barka,
Oman.
4. Water treatment plant with
the capacity to treat 13,000 m3
of water per day. Sri Lanka.
1
3 4
2
G4-8
Energy & Enviroment > Water treatment and transport
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 29
Transmission & Traction
Major power transmission systems
Transmission line in India.
First transmission project
concession in India (134
km), in addition to another
140 km.
Under construction.
7,200 km of transmission lines
in Brazil. 30-year O&M. Hiring
peaks employing over 10,000
people.
Under construction.
With its 3,150 MW capacity, this 600 kV transmission line is the longest
direct current line in South America MTE ATE XXIII
ATE VIII ATE XX
ATE XVII
ATE XIX
ATE XVI
ATE XXIV
ATE XXI
LVTE
NBTE
ATE XVIII
ATE XXIIATE V
ATE VII
ATE IV
ATE VI
G4-8
Transmission & Traction > Major power transmission systems
ABENGOA
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Annual Report 2014 | Abeinsa and economic development pag. 30
1. First major power
transmission and distribution
project in Canada, 412 km in
Nova Scotia and Newfoundland
and Labrador.
Under construction.
2. First transmission project
in Oman, comprising an
electrical substation and a 24-km
transmission line.
Under construction.
3. Three new projects in
Argentina totaling 204 km of
power transmission line.
Under construction.
4. 300 km of new transmission
lines in Morocco.
Under construction.
1
2 4
3
G4-8
Transmission & Traction > Major power transmission systems
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 31
Other T&D projects
Chile87 km of transmission lines and 4 substations
Costa Rica3 electrical substations and associated transmission
lines
Perú500 km of transmission lines under construction
Kenia132 km of transmission lines and substation
Over the past ten years
Kuwait120 km of transmission lines under construction
UkraineConstruction continues on 187 km of transmission
lines
G4-8
Transmission & Traction > Major power transmission systems
more than 25,000 km
of transmission lines	
and 287
electrical substations
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 32
Railway transportation
Abeinsa is a global point of reference in the railway sector for
the development of turnkey projects involving catenary, traction
substation, communications, signaling, high- and low-voltage power
installation and lighting and ventilation system activities.
1. Mecca-Medina High-Speed
Rail (Saudi Arabia), 450 Km.
Under construction.
2. Santiago Metro subway
system (Chile). Electrical
system for two new lines.
Under construction.
3. Railway electrification of
250 km of rail track (United
Kingdom).
Under construction.
4.A variety of projects for
Adif and Renfe (Spain).
Under construction.
5. Catenary tasks (France)
1
3 4 5
G4-8
Transmisión & Tracción > Railway transportation
2
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 33
Infrastructure
Singular building construction
1. Hospital in Manaus (Brazil).
30.000 m2. Concession over a
20-year period.
Under construction.
2. Convention Center in Punta
del Este (Uruguay)
Under construction.
3. Montevideo Penitentiary
Center (Uruguay). The country’s
first public-private partnership
(PPP) project.
Under construction.
4. Bicentennial Mexiquense
Cultural Center (Texcoco,
Mexico). 21-year concession.
35.000 m2.
1 2
3
G4-8
Infraestructure > Singular building construction
4
ABENGOA
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Annual Report 2014 | Abeinsa and economic development pag. 34
Industrial plants and electrical and mechanical installations
Compression and air-drying
system at the Cartagena de
Indias plant. (Colombia) First
contract in Colombia.
Under construction.
Mechanical installations for the Niels Bohr Building of the University of
Copenhagen (Denmark). First project executed in Denmark.
Under construction.
Shougang Mining expansion
(Peru). The company’s most
important mining project. To
increase the capacity to produce
iron ore concentrate by 10 Mt
per year.
Under construction.
G4-8
Infraestructure > Industrial plants and electrical and mechanical installations
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 35
Services
Manufacturing
Designs, tests and manufactures steel structures for:
›› Transmission lines towers
›› Substations
›› Telecommunication towers
›› Thermosolar and photvoltaic plants Wind power
generation towers
Test center to real size of transmission towers.
Motor control centres and low-voltage power and
distribution boards and Medium-voltage cabinets.
Sampling equipment
›› Measurement, control and protection panels.
›› Electrical rooms and modular units
›› Equipment with built-in electronics
Engineering
Abeinsa has its own engineering network which gives it
the capacity to undertake basic and detailed engineering
projects internationally, in the energy, water and
environment sectors with permanent presence in Spain,
USA, Mexico, India, Poland and Chile.
1,500 t of steel tower structures
to restore the electrical power
supply to Baja California in the
aftermath of Hurricane Odile.
G4-8
Services > Manufacturing
210,000 m2
of production centers
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 36
Provision and logistics
Abeinsa is backed by over 70 years of experience and expertise in
marketing and distribution of electrical and electronic material. This
activity and know-how has now been joined by marketing of mechanical
materials and management of the company’s own transport for the
projects it has underway.
Abeinsa provides technical consulting in the design and manufacturing of
materials, and assists in finding and approving suppliers most in line with
customer needs. Monitoring is conducted through factory visits in order
to oversee the different stages involved in meeting the schedules agreed
upon.
Comprehensive logistics management completes the process, performing
overland and maritime route analyses and processing the permits
required for importing goods, through to unloading at their destination
point. Abeinsa also supervises onsite testing and operational startup of
equipment and systems for final delivery.
More than 1,100 orders weighing 9,300
t were delivered to four continents in
2014.
Over 6,000 freight containers contracted.
Services > Provision and logistics
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 37
Operation and Maintenance (O&M)
Abeinsa provides O&M services in the energy, water and environment
sectors. Over 15 years experience, manages plants producing electricity
and heat, water infrastructure and treatment of wastes. Also carries out
O&M of large power transmission systems.
Hassi R´mel (Algeria)
Integrated solar combined-cycle power station (Algeria) 150 MW. One of
the first solar-gas hybrid power stations in the world. Abeinsa is among
the groundbreaking companies in building and operating solar plants in
northern Africa.
Ain Beni Mathar (Morocco)
Operation and maintenance since 2010 of the first 472 MW ISCC plant
to operate commercially in the world, generating 10% of the electricity
consumed in Morocco.
4,400 kmof transmission lines in Brazil
2,119 kmof transmission lines in Peru
G4-8
Services > Operation and Maintenance (O&M)
Online predictive maintenance
First online predictive maintenance project in Mexico.
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 38
A risk prevention mindset
Reducing uncertainty so that the outcome materializes according to
anticipated plans. Risk is something which, should it occur, affects initially
established objectives in terms of project costs, schedules and quality.
Action taken to mitigate risk:
Installation-related risk analysis
In 2014, Abeinsa analyzed 19 of its installations, including solar thermal
plants, transmission projects, hybrid plants and structure manufacturing
factories, among others. This consists of annual assessment of CSR risks
in the company installations deemed most significant according to nature,
objective non-compliance and third-party perception.
Twenty-seven (27) indicators are taken into account to examine aspects
such as labor practices, health and safety, the supply chain, social
commitment and local impact, environmental management, ethics and
integrity and compliance.
Subsequent to this analysis is the execution of a risk mitigation plan
which entails an action plan including measures for creating a
communication platform
›› 	Determining risks
›› 	Devising mitigation actions
›› 	Supervision and prevention
›› 	Developing a performance framework to facilitate company
dialogue with opinion creators around the main risks identified.
The results of risk analysis in facilities, are included in the Universal Risk
Model, which measures the evolution of risks in the same installation over
time and improve management mitigation plans.
19 installationsanalyzed in 2014
The New Pemex cogeneration
plant, one of the facilities
analyzed.
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 39
How do we finance our projects?
In order to keep investing and consolidating its position of leadership
in the energy and environment sectors, the company continues to
strengthen its financing model. Due to the international financial crisis,
access to financing has posed a significant challenge for companies in
recent years; however, thanks to its business model and potential for
growth, Abengoa has been able to access loan and credit line sources
which allow the company to continue to conduct its activities successfully.
›› 	Loans with financial institutions. In addition to loans from banks,
there are credit institutions such as the Instituto de Crédito Oficial
(ICO), and a variety of export credit agencies.
›› 	Project financing. Means for building or purchasing an asset,
taking exclusively assets and cash flows of the company or group of
companies conducting the activity linked to the asset being financed
as collateral. This constitutes long-term financing of concession
projects, which are secured by the projects themselves.
›› 	Green Bond: Abengoa has issued bonds for socially responsible
(ESG) investors. The associated green projects lie in renewable
energy, power transmission and distribution, energy efficiency,
water management, water transport and distribution, bioenergy and
waste-to-energy, the company’s main activities.
Green Bond-supported Abeinsa projects
›› 	Transmission lines in Brazil (ATE XVI-, XVII, XIX, XX, XXI, XXIV).
›› 	Expansion of the New Pemex cogeneration plant in Mexico.
Capital invested
Capital < Construction margin
Capital gains
›› Capital recycling
›› Dividends
›› Capital gains
›› Construction margin
›› Technology margin
›› O&M margin
Recycling of
initial capital
invested
Bridge capital / debt Long-term capital
Project
company
APW - 1 Abengoa
Yield
ABENGOA
Free cash flow
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 40
Innovation and technology
Abeinsa develops and participates in a wide range of European
technology development programs and innovative experimental projects
in collaboration with other public and/or private organizations:
›› CO2 capture and valorization: development of CO2
sequestration, post-combustion (carbonation) and oxy-combustion
technologies and demonstration thereof in industrial sectors.
›› Sea and ocean power: development of wave power and current
generating plants, as well as Project Wavebuoy offshore businesses.
›› Energy storage: for all types of applications, from power grid
supply quality enhancements to renewable power integration.
			 Development in Torrecuéllar (Seville) of the ARESS electrical 	
			 storage system based on the modular energy storage system 	
			 using 1 MW lithium batteries (link)
›› 	Project Cepheus: a satellite for developing the use of hydrogen as
an efficient source of energy in space.
›› Power electronics: applicable to different areas, including
renewable energy sources and electrical power transmission.
›› Electromobility: aimed at integrating electric vehicles efficiently
into the power grid. Implementation of the company’s first electric
vehicle platform in Seville.
21 M€Abeinsa investment in innovation
Project Wavebuoy. Wave power-
driven electrical power generator.
«Abeinsa develops
innovative technology-
based solar thermal, waste,
W2B, water and biomass
plants
Project ARESS, computer graphics for a modular energy storage system using lithium
batteries integrated into 40-foot containers.
G4-DMA
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 41
Social investment distribution by region
0,00 % 77,4 % 7,2 % 9,00 % 5,50 % 0,9 % 0,1 %
Art and Culture
Social Welfare
Economic development
Education
Enviroment Other
Health
Supporting community development wherever
Abeinsa enjoys a presence
0,3 % 78,9 % 15,3 % 1,2 % 3,7 % 0,6 %
Africa
Latin America
Asia
Usa and Canada
África
Europa
Art and Culture 1,3 0,0%
Social Welfare 3.002,2 77,4%
Economic
development
277,7 7,2%
Education 349,3 9,0%
Enviroment 213,5 5,5%
Other 33,7 0,9%
Health 2,7 0,1%
Total 3.880,4 100,0%
Supporting community
development wherever Abeinsa
Africa 11.6 0.3%
Latin America 3,062.2 78.9%
Asia 593.3 15.3%
USA and Canada 47.0 1.2%
Spain 142.3 3.7%
Europe 24.0 0.6%
Total 3,880.4 100.0%
Social investment distribution by region
600 women celebrated Women’s
Day with PE&C in Gujarat (India).
Social engagement
3,8 k€
in social projects
73,5 %
investment in Latin America
and Africa
G4-DMA, G4-SO1
London Benchmarking Group
In 2014, the company made the decision to report its social performance
in line with the criteria proposed under London Benchmarking Group
(LBG) methodology.
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 42
Abengoa subsidiaries draw up annual community action plans. These
plans range from core organizations to projects, thereby affording a
global strategic vision and local approach.
Supporting community development
wherever Abeinsa enjoys a presence
School talks
Employees working on the Kaxu Solar One project in South Africa gave an
introductory talk on the world of renewable energy sources for students
at a school near the solar plant being built by the company.
Donation of 30 water tanks
with faucets for children at an
orphanage near the desalination
plant in Accra (Ghana) to be able
to wash their hands and prevent
diseases such as cholera.
Handicraft made by children
at a rural school close to the
Peralta wind farm following
the presentation delivered by
Abeinsa employees on the
benefits of renewable energy
sources (Uruguay)
Why are governments replacing conventional power with clean
energy?
“
G4-DMA
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 43
Employees get involved
Training: Linemen’s School
Through Abengoa Brazil, a new initiative is being promoted linked
to the need for personnel trained to build the new transmission line
projects awarded in recent months. The “Linemen’s School” will provide
specific training in a number of the communities through which future
transmission lines will run.
Following the two-month training program, students will have the option
to join the Abeinsa workforce in Brazil. The program will provide people
in rural communities with training and the chance to gain employment,
and enable Abeinsa to meet its need for specialized line construction
personnel.
Preventive healthcare: Breast Cancer Day
Amama Seville T-shirt, polo, sweatshirt and tote sales. Amama Seville is
an association dedicated to providing counseling and support to women
with breast cancer. The money taken in was donated to the Amama Seville
association, which came to deliver a presentation to employees at Campus
Palmas Altas on early detection and prevention of breast cancer.
Abeinsa has trained 300 students to be transmission line technicians in Peru
Breast Cancer Awareness Day
G4-DMA
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 44
Our reforestation teamwork (Mexico and Spain)
Abeinsa organizes a variety of reforestation activities throughout the
year in different places with a twofold aim in mind. On the one hand, it
gives the entire company team the chance to spend a day together with
family and friends outside the usual working context. And, on the other,
these reforestation efforts contribute to the enhancement of our natural
surroundings by offsetting the effects of human activity.
Aznalcóllar, a town located in Seville’s Sierra Norte. Carob and olive trees
were planted in a nearby meadow. In addition, there was an orientation
workshop where children were asked to find different markers, and an
environmental workshop for youngsters to learn about the features of the
local ecosystem.
Green Corridor of the Guadiamar River, Seville (Spain), where
more than 70 participants among employees and their family members
planted over 40 trees. In addition to contributing to the natural diversity
of the environment by planting dogwood, strawberry, pear and elm trees,
children took part in an adventure activity while their parents enjoyed a
guided tour of the botanical garden.
Over 200 native trees were planted, mainly carob trees, thereby
contributing to preserving the natural diversity of the El Campillo
Meadow in the community of Aznalcóllar, an area which was ravaged by
fire in 2004.
In Mexico, shoulder to shoulder with Naturalia, a Mexican non-profit
company dedicated to the conservation of species and ecosystems, a
reforestation initiative was carried out in the township of Tecamac in the
State of Mexico. This year’s goal is to plant 3,310 trees with participation
support from PE&C beneficiaries: the Flor Danzante (Dancing Flower)
community children’s care facility and the assistance center for dependent
adults with intellectual disabilities.
3,310trees are expected to be planted in 2015
Reforestation sessions in
Aznalcóllar, Seville (Spain).
G4-DMA
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 45
Collection and donation drives: books, clothing, toys, food
A variety of solidarity donation campaigns were conducted among
employees at company headquarters in Spain, South Africa, Algeria, the
U.S. and Mexico.
Sports, a shared passion that brings people
together
It brings employees together and helps strengthen ties
with local communities. Year-long sports leagues in
Mexico, Peru…
Intercontinental soccer match
Employees at the Waste to Energy plant and Green
Living magazine combined efforts to sponsor a two-
continent soccer tournament to commemorate Earth
Day. The “Kick It with Africa!” event was held simultaneously at Arizona
State University and in a village in Ghana, Africa.
Five years sponsoring the soccer tournament to benefit
orphanages in Morocco
«PE&C Christmas campaign in Mexico, Brazil,
Chile, Peru, Spain, India and Argentina
Thanks to this initiative, children from 60 orphanages and shelters in Casablanca are
able to play soccer.
Christmas celebration at
the Santa Rita de Cassia
Orphanage (Brazil).
G4-DMA
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 46
PE&C
People, Education and Communities:
Committed to Development
One of the hallmarks of the Focus-Abengoa Foundation is the PE&C
People, Education and Communities: Committed to Development
social program. The mission embraced by the program is social
development through education.
The program, implemented in 2005 in Argentina, is today active in
nine countries, including Peru, Brazil, India, Mexico, Chile and Spain.
Joining the program in 2014 were Sri Lanka and South Africa. New
program headquarters also opened in countries where the program was
already in place, such as the Maria Elena community in Chile’s Atacama
Desert, and in Santa Rosa and Pachma in western Peru.
«In 2014, Abeinsa
employees dedicated 9,095
hours to volunteer work,
6% more than in 2013
G4-DMA
People with disabilities
Familys
Children and teenagers
Women
Elderly
Inmigrants
PE&C Argentina (2005)
› Quimili
› Monte Quemado
› Alderetes
› Tintina
› San Miguel de Tucuman
PE&C Brazil (2010)
› Rio de Janeiro
› Aracaju- Sergipe
PE&C Mexico (2011)
› Mexico DF
PE&C India (2011)
› Nani Singloti
› Mandal
› Dadhawada
› Dediapada
PE&C Chile (2012)
› Santiago de Chile
› Antofagasta
› María Elena
PE&C Spain (2013)
› Seville
PE&C South Africa (2014)
› Pofadder
› Pella
› Witbank
› Onseepkans
PE&C Sri Lanka (2014)
› ColomboPE&C Peru (2008)
› Chiclayo
› Cruce Shumba
› Huaraz
› Comas
› Chontabamba
› Manchay
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 47
The program promotes integration through education of the most
vulnerable members of society: disabled persons, children, adolescents
and families with basic unfulfilled needs, the elderly, indigenous peoples,
women who have suffered from gender-based violence and migrants.
PE&C is a program that was conceived with a long-term vision. All PE&C
initiatives are carried out in conjunction with local organizations in order
to adapt the program to the particular characteristics and needs of each
community.
With the aim of engaging company employees and their families and
friends and the community at large in Abengoa’s social initiatives,
a program was created to promote volunteer work in the diverse
educational and cultural activities organized. The volunteer network
comprises two major categories:
›› 	Cultural volunteering: geared towards university students and
graduates and people over the age of 65 who wish to devote some
of their free time to promoting and disseminating the heritage of
the city of Seville.
›› 	Social volunteering: social volunteering is directly supported by
the PE&C social development program.
There are a variety of ways to collaborate with the program:
›› 	Solidarity vacations: Abeinsa employees and their companions
have the chance to spend part of their vacation time at a PE&C site
and collaborate by providing assistance to project beneficiaries.
“The girls’ happiness is utterly contagious.” María del Mar enjoys her vacation with the
girls at the Santa Rita de Cassia Orphanage in Rio de Janeiro (Brazil)
5,796direct beneficiaries in 2014
10 yearsPE&C celebrates its 10th anniversary in 2015
101projects and 23 program sites
«PE&C launched in two new
geographies: South Africa
and Sri Lanka
G4-DMA
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 48
›› 	Task exchange: PE&C coordinators periodically upload tasks
requiring assistance to a computer application. These tasks can be
carried out by Abeinsa employees from anywhere around the world.
›› 	Monetary donation: company employees can contribute money to
any PE&C project through a computer application managed through
Connect@.
›› 	Corporate volunteering: Abeinsa employees and their family
members can do hands-on volunteering at PE&C locations. The
program sets up an annual calendar of activities in which they may
participate.
To get involved, write to volunteering@abengoa.com
«Wide-ranging tasks,
including designing a
poster, painting the
front of a program site
building, coming up with
ideas for fun activities
for youngsters, sharing
traditional cooking recipes,
etc.
«In 2014, PE&C signed its first university agreement to theorize the
experience accumulated as the product of nine years of engagement with
community members at risk of social exclusion.
“Your Project Counts”
An initiative through which Abeinsa employees
share knowledge and skills applied to household
economics, yoga, IT, etc. with PE&C beneficiaries.
Prabir Bhattacharjee, an Abeinsa
employee in India, leading
a workshop on good table
manners.
G4-DMA
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 49
Responsible procurement
All Abeinsa suppliers have an obligation to sign the Social Responsibility
Code (SRS), a document by means of which they commit to fulfilling
the requirements of the United Nations Global Compact, in addition to
reporting the GHG emissions associated with the products and services
they provide.
We screen our suppliers
All suppliers currently working with Abeinsa, nearly 9,000 in total, have
been screened in order to determine those who may pose risk to the
company. This project, which is part of the overall analysis conducted by
Abengoa since 2014, is based on aspects which include observance of
human rights, potentially corrupt practices and the status of a supplier’s
country of origin.
Analysis was performed thanks to the efforts of the procurement
departments at Abeinsa companies.
High-risk suppliers detected
731
Critical suppliers
171
Auditorías Audits performed
45
Number of suppliers screened
8,929
G4-DMA, G4-EN32, G4-EN33, G4-LA14, G4-LA15, G4-SO9, G4-SO10, G4-12, G4 HR10, G4-HR11
We are
expanding
the supply
chain
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 50
Local community development
Local suppliers
In 2014, Abeinsa made 72.40% of its purchases from locally-based
suppliers (in 2013 the figure was 70.6%), which validates the upward
trend in support of local communities and sustainable development.
Payment of taxes
The value of government taxes paid totaled €147,217,24 K in 2014. Of
the total amount of taxes paid in 2014, 56.53% is attributed to employee
personal withholding and income tax applied and deposited by the
different companies into the Tax Agency. And 24.14% corresponds to
other taxes, fees and levies.
Countries Local supplier %
Argentina 97.90%
United States 96.82%
Peru 95.77%
China 95.63%
Brazil 91.94%
Uruguay 89.15%
Chile 84.33%
Morocco 81.39%
United Arab Emirates 75.59%
147,217 K€in taxes paid to governments in the 40
countries where the company operates.
72,40 %of purchases made from local suppliers
G4-DMA, G4-EC1, G4-EC9
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and economic development pag. 51
Abeinsa and its
employees
Domingo Torres, 43 years in Argentina
He began his career as he ended it, participating in Abeinsa’s transmission
line projects in Argentina. For Domingo, who is moved by recollections of
his time with the company, the most important thing is to produce quality
work on time.
Domingo is known for his professional evolution, remarkable work
capacity, intelligence and generosity.
03
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and its employees pag. 52
Key figures Geographies Employees Total %
Spain 4,492 26.39 %
Europe 373 2.19 %
North America 997 5.86 %
Latin America 9,694 56.96 %
Africa 450 2.64 %
Asia 1,007 5.92 %
Oceania 7 0.04 %
Total 17.020
Permanent Temporary
Employees 53.78 % 46.22 %
Operators 25.82 % 74.18 %
17,020employees in 2014
5.84 %rise in employment in 2014
North America
997 employees
5.86 %8%
Latin America
9.694 employees
56.96 %8%
Oceanía
7 employees
0.04 %8%
Asia
1.007 employees
5.92 %8%
Europe
373 employees
2.19 %8%
Spain
4,492 employees
26.39 %
Age pyramid 2014
>60 3.1%
51-60 9.4%
41-50 18.9%
31-40 36.5%
20-30 32.0%
Age
Workforce average 36.4 years
Male employee average 37 years
Female employee average 33.5 years
África
450 employees
2.64 %8%
G4-DMA, G4-9, G4-10
ABENGOA
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Annual Report 2014 | Abeinsa and its employees pag. 53
Rotación Bajas totales Bajas críticas
España 3,96 % 0,76 %
Europa 6,70 % 0,27 %
Norteamérica 2,81 % 0,60 %
Iberoamérica 2,22 % 0,10 %
África 4,89 % 0,22 %
Asia 4,27 % 0,30 %
Oceanía 0 % 0 %
Total 3,00 % 0,32 %
Tipo de formación
Total attendance
no. in 2014
No. of training
hours in 2014
Total attendance
no. in 2013
No. of training
hours in 2013
Languages 48,679 195,840 3,944 166,541
Corporate 31,577 166,546 63,381 152,510
Prevention 9,514 82,952 33,695 131,371
General 47,517 491,393 48,028 152,016
Professional practices 415 467,641 364 458,710
Total 137,702 1,404,371 149,412 1,061,147 1,404,372imparted training hours in 2014
G4-DMA, G4-9, G4-10, G4-HR2, G4-LA1, G4-LA3, G4-LA9
*Data calculated based on the average staff figure, without taking interns or trainees into account.
52 hoursof training per employee average*
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and its employees pag. 54
Human Rights
Through Abengoa, Abeinsa is signed up to the United Nations Global
Compact since 2002.
To ensure protection of the rights of its employees, all company personnel
are included under supra-company labor regulations, regardless of the
nature of their activities or the countries where such activities are carried
out.
In addition to the legal protection offered in each country, of particular
importance are collective bargaining agreements for the industry,
territory, or those of the company itself, signed up to by workers, their
representatives or trade unions, depending on each case. The labor-
related social responsibility codes specific to each country allow Abeinsa
to adapt to the cultural idiosyncrasies and particularities of the countries
in which the company operates.
The company conducts training courses based on these contents, as well
as matters pertaining to anti-corruption efforts. In 2014, the number of
training hours dedicated to these areas for both company employees
and subcontracted personnel totaled 7,673.
In 2014, there were six cases involving discrimination-related issues.
Two of them were resolved in favor of the company, three are pending
resolution and the fourth case was dismissed. The Abeinsa companies in
which these notifications were recorded have undertaken a commitment
to provide training to their employees in order to prevent future incidents
of this nature.
Transparency, anti-corruption and the
company code of conduct
The values underlying corporate culture at Abeinsa are honesty,
transparency, integrity, good judgment and professional rigor. These
values are essential to the company’s reputation and success and they
govern each and every company activity.
Abeinsa has mechanisms and procedures in place for preventing
fraudulent and corrupt practices through the company’s continually
updated common management systems. All company employees receive
information and training on a regular basis regarding the procedures
to be followed and channels in place for reporting any irregularities.
Observance of national and international laws and the Abengoa
professional code of conduct determine the guidelines to be followed
from a preventive perspective, whereas the Whistleblower Channel and
other detection mechanisms, including audits, enable the company to
pinpoint potentially fraudulent action.
Training in Human Rights 2014
No. of employees provided with Human Rights courses 5,867
Total no. of training hours through Human Rights courses 7,672.94
No. of employees provided with anti-corruption courses 5,224
Total no. of training hours through anti-corruption courses 5,180.3
7,673hours of training in Human Rights
G4-DMA, G4-11, G4-56, G4-HR2, G4-SO4, G4-HR3, G4-HR7, G4-LA12, G4-LA16
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and its employees pag. 55
Employee communication
Abeinsa has the following channels of communication in place
with the people who make up the company team:
In-person
›› Strategy sessions: numerous employee gatherings with senior
management are organized annually in the different Abeinsa
companies and geographies to analyze results achieved, strategies
to be followed and the future of the company.
›› Open-house events at a variety of company headquarters and
project locations: at Campus Palmas Altas (in Seville) for family and
friends of employees who wish to learn about the inner workings of
the place where they work. In Sri Lanka, in South Africa…
››
›› Teambuilding activities: activities which combine work and
pleasure to bolster working teams at the different Abeinsa
companies.
›› Human resource partners for every Abeinsa employee.
›› Committees in which employees take part by sharing their point
of view with respect to the issues at hand.
›› Orientations: in many countries, particularly in South America, new
company employees receive general training in Abengoa’s corporate
culture.
›› NOC courses: all Abeinsa employees are required each year to
attend the refresher course on the company’s norms of obligatory
compliance. This half-day session serves as a point of encounter to
learn more about the company’s vision and principal changes taking
place over the year. These courses are conducted in all geographical
locations of Abeinsa operation.
›› In-house newsletters: many of Abeinsa’s territories have their own
in-house publications to disseminate and share news regarding the
status of projects in progress, teambuilding activities, etc.
›› Breakfast meetings with management: meetings with
employees and Abeinsa company members of management to gain
first-hand knowledge of employee perceptions and improvement
proposals.
«Abeinsa organizes
a host of team
gatherings to
contribute to company
growth and employee
well-being.
G4-DMA
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and its employees pag. 56
Digital
›› Connect@ (Intranet) and other specific corporate applications for
managing aspects related to training, occupational risk prevention,
human resources and business development, including People
Center, Campus Abengoa and Abengoa Easy Management.
Abeinsa employees celebrate the
20th anniversary in Peru
›› Employee welcome handbook, containing practical information
on the facility where they work, human resource policy and
common management systems, among others.
›› Mailing: diverse channels of communication from different
departments, geographies and companies and activities. Aimed
at achieving a multi-directional flow of information, these
communications deal with a variety of topics, including new
projects won by the company, achievements in emissions reduction,
improvement initiatives and success stories to be shared.
›› Newsletters: like mailings, weekly communications are sent
out from different areas of the company.
›› Social networks: In 2014, Abengoa launched its presence in the
main social networks, which has enabled the company to set up
two-way dialogue with all kinds of audiences.
›› Abengoa Blog: www.theenergyofchange.com, a platform where
company employees share their opinions on topics they consider
to be important, thereby facilitating fluid, open and close dialogue
with company stakeholders.
›› Mailboxes available to company employees, including the Human
Resource mailbox and whistleblower channel: platforms through
which employees may express their opinions, doubts or problems
anonymously.
›› Websites: Abeinsa has its own website, www.abeinsa.es, in
addition to the variety of company websites in the different
geographical locations of operation.
›› Work climate and satisfaction surveys
Ejemplos
1) Breakfast meetings with management: gatherings held
regularly with Abeinsa employees and members of management to
gain first-hand knowledge of employee perceptions and improvement
proposals.
2) At the project construction site where Abeinsa is working in
Stalowa Wola (Poland), an on-site canteen was built for employees to
spend their leisure time after the end of the work day.
3) Abeinsa has built onsite living quarters in various geographical
areas where required due to project location. Thus, in Khi (South
Africa) and in Peru, living quarters are in place so that the team of
people working on the project may enjoy living conditions as close to
normal as possible.
G4-DMA
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and its employees pag. 57
«Employees also have access to assistance from the
Focus-Abengoa Foundation
Personal and work life
Abengoa offers its employees a series of resources aimed at contributing
to enhanced personal and professional life balance.
Free transportation services at a number of Abengoa
work facilities, as in the case of Spain and Brazil. Some
work centers also provide economic assistance for work
commutes.
Food services at work facilities with a significant
headcount or food vouchers in facilities without
lunchrooms.
Day care center: Campus Palmas Altas, the corporate
headquarters site, has a subsidized day care facility with a
capacity for 145 children from the ages of 0 to 3.
Fitness centers equipped for doing physical
exercise and specific areas set up for group
activities in larger worksites.
Medical service supplementing
healthcare coverage of employees at
work facilities with more than 300
employees. In other geographies, such
as the United States, Peru and Brazil,
health insurance is subsidized.
Flexible pay (Spain): since 2010,
employees may allocate a portion
of their annual compensation to
acquiring products and services at
highly competitive prices. Included are
day care vouchers, health insurance,
training, computer systems and
restaurant vouchers.
Summer residence in La Antilla,
Huelva, Spain, at affordable prices for
employees.
Pension plans adapted
to the particular
characteristics of each
country of operation.
Life, accident and
medical insurance.
G4-DMA, G4-EC3, G4-LA2
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and its employees pag. 58
Equal opportunities for all
Abeinsa upholds a commitment to equal opportunities and condemns
any form of discrimination for reasons of gender, race, color, religion,
opinion, nationality, economic status or any other circumstances. Since
2008, the company has an Equality Framework Plan in place that is
verified in accordance with the SA 8000 Standard.
›› Abeinsa hired 96 people with different capacities in 2014.
›› The company maintains a commitment on the 2020 horizon to
increase the number of people hired locally. An example of this can
be found in the transmission line worker schools created in Peru in
2012 and in Brazil in 2015.
›› PE&C, the Focus-Abengoa Foundation social development program,
dedicates its efforts so that program beneficiaries, people at risk of
social exclusion, may gain access to fair job opportunities through
integration workshops.
Abeinsa ha participado activamente en la Comisión de Igualdad organizada por Abengoa.
In 2014, Abeinsa hired 7.5% more
women than in 2013
2014 figures
2013 figures
«Abeinsa has been an
active participant in
the Committee for
Equality set up by
Abengoa.
Inclusive bakery workshop at the
Encelamex Center (Mexico)
Employee category Men Women Total
Senior managers 341 33 374
Middle managers 1,274 354 1,628
Engineers and other degree
holders
2,243 990 3,233
Assistants and technicians 1,130 783 1,913
Operators 9,015 421 9,436
Interns 272 164 436
Total 14,275 2,745 17,020
Employee category Men Women Total
Senior managers 363 44 407
Middle managers 1,037 302 1,339
Engineers and other degree
holders
2,363 953 3,316
Assistants and technicians 1,023 749 1,772
Operators 10,182 344 10,526
Interns 201 162 363
Total 15,169 2,554 17,723
G4-DMA, G4-HR3
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and its employees pag. 59
Training
Once training needs have been determined, Abeinsa draws up an annual
training plan for each and every company employee.
Abeinsa’s training catalog reflects the diverse activities carried out by
the company, ranging from boiler work courses to occupational risk
prevention. Abeinsa conducts subsidized training funded by the EU and in
conjunction with prestigious specialized outside collaborators.
Training is divided into languages, occupational risk prevention, general
and corporate. Contents are in turn delivered in attendance-based and
online mode. The company has its own platform where every employee
has a profile containing all assigned training for the year in progress.
In addition to collaborating with prestigious training institutions in every
country where the company enjoys a presence, Abengoa has developed
specific training through Abengoa University and the University of Loyola.
Main courses conducted through Abengoa University:
Direct Executive Management (DEM)
Training in Brazil for managing direct contracting for the construction of
more than 6,000 km of transmission lines.
Project Management Program (PMP)
In 2014, the first implementation of the program took place in Brazil.
The program is intended to provide a global overview of successful
comprehensive management, while encouraging knowledge exchange
among participants.
Senior Manager Development Program (SMDP)
Program delivered at the Loyola Leadership School, based out of
Campus Palmas Altas, and in Washington and Chicago by company
specialists and experts of international prestige in line with active learning
methodologies. The program provides a global overview of Abengoa,
its strategy and internal processes and seeks to enable participants to
acquire the competencies needed to lead and direct teams and make
efficient and effective decisions in keeping with Abengoa’s vision, values
and culture.
1) Determining
training needs
2) Training
catalog
3) Annual training
plan
4) Evaluation of training
effectiveness
5) Performance
management
›› Objectives
›› Competencies
«Investment in training
company personnel, a
strategic cornerstone
«At Abeinsa we strive to
normalize professional
profiles across
geographies to ensure a
quality standard
›› Satisfaction
survey
›› Return on
investment
195,840hours of language training
G4-DMA, G4-LA8, G4-LA10, G4-LA11
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and its employees pag. 60
Evaluation of training effectiveness
Assessment of the effectiveness of the Training Plan is a key element.
Evaluation results have a subsequent effect on participants, contents and
providers.
This consists of quantifying the impact and return on learning
methodologies and tools in order to develop more
reliable training plans, programs and initiatives that
are adapted to actual demands, characterized by
constant changes, bigger and better capacities and
competencies and models and tools for evaluating and
growing intangible assets in the company’s markets.
The evaluation procedure is based on a tier-based
assessment model: gauging participant satisfaction;
knowledge transfer analysis; study of the impact of the
training initiative on employee performance; evaluation
of the overall effectiveness of the training initiative for
the business; calculation of ROI and strategic plan adjustment; analysis of
the effectiveness of the actions carried out.
«Training is part of an ongoing cycle of
improvement aimed at employee and
company growth. Interdepartmental,
geographic and occupational mobility, etc.
Performance management
All Abeinsa employees are evaluated in 12 generic competencies that are
directly linked to their training plans.
Evaluation tools
For whom is
it attended?
What does it
involve?
Evaluation
scope
Performance
management
All employees Based on a
previously defined
competency
profile, by position
and duty, every
employee is
evaluated annually
by his or her direct
superior.
5,684 people
were evaluated
using this
system over
the course of
the year. The
percentage
of completed
reviews was
99.5%
360º Feedback Personnel in
the Senior
Manager
Development
Program
(SMDP).
Participants
include superiors,
colleagues,
collaborators and
the individual being
evaluated, and the
review is carried
out by having
all participants
complete
questionnaires.
In 2014, 655
people were
reviewed
using this
method, with
4,547 people
involved in
the evaluation
process,
including
superiors,
colleagues and
collaborators.
Executive
Intercomunication
Program
Executives and
managers
Program for
ascertaining staff
perception of their
personal and career
development.
822 executives
participated in
the program in
2014.
G4-DMA, G4-LA10, G4-LA11
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and its employees pag. 61
Talent
Attracting and retaining talent
Abeinsa’s internship program is intended to help complete the training
of future professionals through training internships. To this end, 76
agreements have been signed with different academic institutions so
that new talent has the opportunity to enter the job market. This model
of training integration enables interns to have access to a personal tutor
who provides them with support for their personal and professional
needs. Abeinsa is committed to young talent and accordingly ended the
year with more than 400 trainees.
	
  
Página de Abengoa en Linkedin con más de 117.000 seguidores
436 trainesas of year-end 2014
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and its employees pag. 62
Occupational risk prevention,
target 0 accidents
Ensuring optimal working conditions in the area of occupational health
and safety is a key priority. Abeinsa implements occupational risk
prevention systems that are audited on a regular basis to meet legal
requirements and gauge system effectiveness. These systems revolve
around four underpinnings:
›› Principles of Abengoa’s Occupational Risk Prevention Policy.
›› Legal provisions applicable to the country where activities are
conducted.
›› Contractual specifications of company customers.
›› Requirements of the OHSAS 18001 13 Standard, the international
norm pertaining to occupational health and safety management
systems.
91.63 %of Abeinsa’s companies are OHSAS
18001-certified
G4-DMA, G4-LA5
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and its employees pag. 63
Health and safety committees
The success of ORP campaigns and improvement measures requires
commitment and collaboration from everyone. With this aim in mind, all
group companies hold monthly health and safety committee meetings
to monitor aspects that may entail risk for workers’ occupational safety,
analyze accident rate ratios and implement the measures needed to
meet objectives. These committees, composed of company heads and
personnel in charge of ORP, represent 95 % of all company personnel.
Noteworthy awareness campaigns include the following:
›› Brazil: Daily sessions with operators in Brazil before starting to
work.
›› Peru: first implementation of the “Living Safe and Sound” safety
campaign.
›› Safety campaign in Chile.
›› Ghana: training prior to project access, lectures, specific training
in overhead work, monthly campaigns, etc; monthly awards for
workers demonstrating the most proactivity and exemplary safety
performance over the month.
›› South Africa: Safety day celebration in solar plants Khi and Kaxu.
All company employees receive specific ORP training. Such training also
extends to include subcontracted personnel.
318,409hours of training in ORP
No. of ORP training hours 2014
Abeinsa personnel 82,952
No. of hours of instruction provided by Abeinsa 235,457
Total no. of ORP training hours 318,409
Safety Day event held at the Khi solar complex.
G4-DMA, G4-LA5, G4-LA7
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and its employees pag. 64
Project Fingerprint
Making sure that employees meet all requirements before
accessing construction sites
In 2013, Abeinsa launched Project Fingerprint, an initiative which aids
in managing all of the information pertaining to the health and safety
of providers and employees involved in construction work and includes
personal identification using fingerprints. The aim of
the project is to ensure that all personnel accessing
worksites meet the legal, safety, security and training
requirements set down by the company.
Project implementation was carried out in more than
20 countries this year, including registration of over
20,000 people between company employees and
subcontractors. Last year’s figure was 14,000.
Zero accidents. Abeinsa implements the dissemination of
business unit incidents
Geared towards all business unit ORP personnel, this new initiative
consists of the following:
›› Gaining detailed information on relevant incidents;
›› Demonstrating the benefits of in-depth study of accidents and
extracting the right information;
›› Understanding the different prevention and protection measures
that might have helped prevent the accident or palliate its effects,
based on suitable risk assessment and a consistent Safety Basis;
›› Reviewing facts, causes of occurrence, resulting consequences and,
above all, through these lessons learned, achieving:
›› Our Target: 0 accidents.
Regrettably, two accidents resulting in fatalities occurred in 2014 among
the company’s own personnel.
«Everyone working on Abeinsa projects has the
knowledge and skills needed to perform their
tasks safely and securely
An employee getting fingerprint taken at the Canal del
Viar project in Seville (Spain)
2014
Absenteeism 2.09 %
Work-related accidents: Frequency rate 13.70
Work-related accidents: Severity rate 0.28
G4-DMA, G4-LA6A, G4-LA6B
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and its employees pag. 65
Social engagement and
employee benefits
Children of company employees “take
flight”
Thanks to the Focus-Abengoa Foundation’s Vuela (“Fly!”) internship
program, the children of Abeinsa employees have the chance to learn
about the company where their parents work, while at the same time
gaining their first working experience and immersing themselves in a
country and culture different from their own.
Academic awards and assistance
The Focus-Abengoa Foundation organizes a variety of annual awards
for employees and their family members, including grants for studying
foreign languages abroad, higher education, degree completion prizes,
professional enhancement, among others.
Asha also collaborates with
PE&C at the Mandali Mission
by conducting yoga workshops
aimed at alleviating teens’
menstrual cramps.
9 childrenof company employees enjoyed grants in
2014
Asha Roshani, winner of the Focus-Abengoa award for professional
enhancement, has implemented corporate human resource
applications at the structure manufacturing facility in India.
G4-DMA, G4-EC1, G4-SO1
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and its employees pag. 66
And employees get involved
As a product of the Solidarity Vacation program, Abeinsa employees have
the opportunity to experience projects carried out by PE&C, the Focus-
Abengoa Foundation social program. Over the course of two weeks,
participants interact with PE&C beneficiaries at risk of social exclusion:
disabled persons, children, teens and families whose basic needs go
unfulfilled, senior citizens, indigenous people, women who have suffered
from gender-based violence and migrant workers.
Celebration of Children’s Day
At the Abeinsa offices in Chesterfield, the holiday was celebrated as a
family event, including a visit to the St. Louis Zoo, followed by a barbecue
and an afternoon of family fellowship. In turn, Hugoton project
employees gathered with their families to enjoy a picnic and games for
the children.
Sustainable mobility office and carpooling
Since 2009, Abengoa has a Sustainable Mobility Office in place at
the corporate headquarters located in Campus Palmas Altas (Seville).
The office promotes measures for encouraging the use of sustainable
transportation, including free shuttle buses available to all employees, a
bicycle repair shop and a pedestrian footbridge from the city to CPA.
Abeinsa has also implemented its carpooling application in nine countries
in South America for employees to ride together in Mexico, Chile and
Uruguay. Ride-share services are also available in Seville and Madrid.
Prize-winning drawing in the
third edition of the drawing
contest for employees’ children
in Brazil. Maria Julia Lessa da
Silva.
G4-DMA, G4-EC1, G4-SO1
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and its employees pag. 67
Abeinsa
and the
environment
The Orange River, running near the Khi solar complex in South Africa
04
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and the environment pag. 68
Environmental protection and
stewardship
Abeinsa promotes environmentally responsible conduct as a way of
halting the climate crisis that helps lay the true foundations of future
development for everyone. Abeinsa not only offers products and services
geared towards sustainability, but also seeks to ensure that these products
and services are rendered in the most sustainable and responsible manner
possible.
In 2011, Abengoa developed a
methodology for analyzing risks associated
with climate change that enables the
organization to evaluate their impact on
the company’s businesses. Thus, Abeinsa
carries out ongoing analysis of climate
change-related risks and opportunities in
order to improve risk management and to
reorient the company’s business. To this
end, Abeinsa adopts the measures needed
to adapt company activity accordingly.
Abeinsa employs a variety of instruments
to ensure sustainability, reduce the company’s environmental footprint
and manage the impacts of its operations on the surrounding
environment.
One of the values that set Abeinsa apart lies in the greenhouse gas
(GHG) emissions monitoring and measurement conducted through
the Integrated Sustainability Management System, Abengoa’s own
management system that was developed in 2008. The system has the
capability to measure the emissions associated with company products
and services. The results obtained from the GHG inventory, which are
verified annually by external auditors, enable the company to set annual
reduction targets and label products and services with their carbon
footprint.
The GHG Inventory is a complete inventory across emission scopes,
including emissions linked to products and services supplied by company
providers, work-related travel, employee commutes, losses occurring in
electrical power transmission, and emissions generated by fuels used to
generate electrical power.
The Integrated Sustainability Management System also includes
an Environmental Management System (EMS) which, through the
definition of 14 factors (water, atmosphere, biodiversity, energy, general,
materials, odors, products and services, waste, noise, soil and aquifers,
transportation, effluents and discharges, and grievances) provides
information on the impact on the environment entailed by company
operations. This also enables Abeinsa to obtain a global footprint and
establish reduction targets and improvement areas.
Information is gathered on all environmental aspects for report
preparation, data analysis, internal and external audits, etc. In addition
to common centralized criteria throughout Abeinsa and Abengoa,
having this common tool at its disposal helps Abeinsa to conduct more
exhaustive and detailed information analysis, which adds essential value
to the entire company.
*In computing Abeinsa’s environmental indicators, work facilities, their
associated activities and all projects over which Abeinsa has management
control were taken into account. All indicators were calculated using
specific protocols for measurement and computation that are available
through the Integrated Sustainability Management System (ISMS)
application which includes both the GHG inventory and the EMS.
«The emissions included in Abeinsa’s greenhouse
gas inventory range from supplier emissions to
those linked to employee work commutes
«92 % of Abeinsa’s companies have certified quality and
environment systems
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and the environment pag. 69
We measure, monitor and
reduce GHG emissions to
combat climate change
The emissions inventory and associated system are verified in accordance
with the ISO 14064 Standard and by Aenor.
Emissions (tCO2eq). Scope 2
Electrical power consumption 10,549
Thermal power consumption 9
Total 10,558
Emissions (tCO2eq). Scope 1
Mobile combustion 35,798
Stationary combustion 564,814
Fugitive 1,188
Process	 1,001
Total 602,801
Emissions (tCO2eq). Scope 3
Products and services purchased 879,174
Work-related travel 17,351
Work commutes 12,659
Losses occurring in electrical power distribution 1,491
Value chain of fuels consumed in energy purchased 1,733
Total 912, 408
Accumulated experience and the degree of maturity of the GHG
Inventory management system, in conjunction with the efforts of its
companies, enabled Abeinsa to lower emissions in 2014.
Abeinsa selected consolidated net sales of its companies as the activity
parameter common to all operations. A positive trend can be seen in the
tCO2
eq/€k figure, with an abatement of some 625,518 t of CO2
,
equivalent to the emissions of a population of approximately
85,793 inhabitants*.
* Spain’s inventory for the year 2012, 340,809 kt for a population of 46,757,000
inhabitants.
2013 2014
0,473
0,336
Emissions in tCO2eq
€k in sales
tCO2eq/€k
Abeinsa emissions in
relation to company
sales
625,518 tof CO2 prevented
«We lowered our
emissions in 2014
thanks to the efforts
of Abeinsa companies
and employees
G4-EN15, G4-EN16, G4-EN17, G4-EN18, G4-EN19
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and the environment pag. 70
Hassi R´Mel (Algeria)
Abeinsa is aware of the importance of reducing impacts along its value
chain. The company therefore directs efforts year after year to gauging
its carbon footprint, with particular emphasis on the emissions associated
with the purchases the companies makes from its suppliers, which
account for 58 % of the total inventory.
Suppliers constitute precisely one of the focuses of Abeinsa’s main efforts,
with the company working to engage them in the struggle against
climate change. To this end, suppliers are asked to provide inventories
of their own activities and services.
The variety of training and information
campaigns conducted were well received by
suppliers and have contributed to making
Abeinsa’s emissions inventory much more
comprehensive.
Abeinsa also promotes drawing up annual
plans for directed actions, specific measures
aimed at lowering emissions in all of its
companies, including modification of
combustion systems, installation of more
efficient equipment and modified employee travel routines.
Seventy-two (72) directed actions were carried out in 2014, up by
15% over the previous year. These initiatives resulted in a reduction of
4,548.73 t CO2
eq, equivalent to the emissions produced by 12,800
vehicles going from Madrid to Paris by highway*.
*Emission factor of 0.28 kgCO2/km (diesel-powered vehicle with a cylinder capacity of
under 2 l).
CO2 reduction-directed actions
In the construction of the desalination plant in Ghana, which has
the capacity to treat 60,000 m3
of water each day to provide drinking
water to the outskirts of the metropolitan area of Accra, Theshie,
Nungua and Tema, a modification was made to the original design
of the steel structure in all facility buildings. Rendering the same
functionality, the initiative led to a reduction in the amount of
material employed of 65%, equivalent to a CO2
abatement of
1,236.62 t.
In Hassi R’Mel (Algeria), the 150 MW solar combined-cycle
hybrid station operated by Abeinsa has prevented emission into the
atmosphere of 1,534.7 t of CO2
equivalent by exploiting the solar
field more efficiently to generate power thanks to the implementation
of various improvements: trough realignment, readjustments in
sun tracker programming, mirror cleaning enhancements and a
modification in weather station location.
G4-EN15, G4-EN16, G4-EN17, G4-EN18, G4-EN19
«Abeinsa engages its supply chain in emissions
reduction
1,236.62 tof CO2 prevented from being emitted in
construction of the desalination plant in Ghana
1.534,7 tof CO2 prevented in operation of the
Hassi R´Mel plant (Algeria)
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and the environment pag. 71
CO2 and Global Footprint
Labeling: measuring to improve
Abeinsa wishes to make its customers participants in the company’s
commitment to reducing emissions and contributing to the struggle
against climate change by providing them with information on the
environmental impact of the company’s activity.
Since 2011, Abeinsa carries out CO2 labeling of emissions measurement
on a range of products and services. In 2014, fourteen products and
services were labeled.
Additionally, product labeling improvements were implemented last year,
adding new labels such as the CO2 calculation by engineering man hour.
Work also was conducted on gauging the footprint of six new projects.
Products and services labeled in 2014
Dimensions
Ton of steel structure (t)
Electricity (MWh)
Steam transferred (MWh)
Desalinated water (t)
Engineering man hours
14products and services labeled
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and the environment pag. 72
Products and services labeled in 2014
Projects
132 kV “Las Lomitas” transformer station
(Argentina)
“Baja California South IV” electrical
power generating station (Mexico)
8.93-km-long 230 kV Huejutla-Tempoal
transmission line (Mexico)
108-km-long 230 kV
Itacaiúnas-Carajás
transmission line (Brazil)
77.3-km-long 220 kV transmission
line and the Encuentro and Sierra
Gorda substations (Chile)
67-km-long 220 kV transmission line and
connection to the Tintaya-Constancia
substation (Peru)
As part of the evolving labeling process, Abengoa has developed a global
footprint standard with which to identify the main impacts of all company
activities, quantify them in order to improvement impact management,
enabling comparability in efficiency, and establish improvement
commitments for company business performance.
This standard is based on the analysis of a set of indicators with the
capability of evaluating the impact of a project on the environmental,
social and economic environment, and which also help anticipate the
future impact of projects with similar characteristics and accordingly set
improvement targets. The standard, moreover, underscores the company’s
commitment to the social and environmental surroundings in which it
operates and provides assurance to those who rely on the company’s
solutions.
In 2014, Abengoa completed the development of an internal norm
pertaining to the procedures and tools needed to calculate the global
footprint associated with all company products and services in accordance
with international standards (ISO 14001, ISO 14067, ISO 50001, ISO
26000, SA8000, GRI G4 or OHSAS 18001), establishing reference values
for attaining sustainable performance.
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and the environment pag. 73
Main impacts of company activity measured by the global footprint
In the environmental dimension:
›› 	Raw materials used and consumption of recycled materials.
›› 	Water withdrawal, reuse and efficiency.
›› 	Fuel consumption and consumption of electrical and thermal power.
›› 	Waste generated and valorization.
›› 	GHG emissions by scope.
In the social and economic dimension:
›› 	Purchases made from local suppliers.
›› 	Number of local employees over the total number of employees hired.
›› 	Negative impact on local communities.
›› 	Investment in outside community engagement.
›› 	Accident rate and frequency.
Energy
Health and safety
Water
Local employees
Local suppliers
Local community impact
Material
Waste
GHG
Social engagement
«Abengoa has developed the global footprint standard
with the aim of identifying the main impacts of all
company activities
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and the environment pag. 74
We build renewable power
plants and strive to lower our
energy consumption
Abeinsa develops plants for generating renewable energy, including solar
thermal, photovoltaic and wind power facilities. In 2014, the company
rolled out the following plants: Peralta, Mount Signal Solar, Mojave,
Hugoton, Kaxu.
Lowering emissions, lowering consumption
LED light bulbs were installed at the Abeinsa warehouses located in
Seville and Granada, thereby reducing power consumption by 21,416
kwh, which is enough energy to run another similar warehouse.
And energy-saving light bulbs were installed at the Abeinsa
headquarters in Argentina. This initiative helped achieve a reduction
in energy use of around 7,445 kwh.
Improving our manufacturing
Abeinsa allocated a total of € 13,577,374 in 2014 to environmental
expenditure and investment, which amounts to an investment over
the past four years of over € 50 M. In the last year, the budget was
earmarked mainly for personnel training and execution of environmental
activities, representing 23.4 % of the total, as well as expenditure
associated with activities aimed at emissions reduction, making
up 	
We invest in sustainability
At the steel structure manufacturing plant in Utrera (Seville, Spain), an
investment of € 546,250 was made to use natural gas, a much more
efficient source than fuel oil. The plant’s emissions from stationary
combustion dropped by 27.7 %.
Canal del Viar (Seville, Spain)
«Abeinsa allocated a
total of € 13,577,374
to environmental
expenditure and
investment in 2014
G4-DMA, G4-EN6, G4-EN30, G4-EN31
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and the environment pag. 75
We protect biodiversity
With the aim of preserving biodiversity and protected natural areas,
Abeinsa companies determine which spaces and species may be affected
by company operations in order to implement protection and restoration
measures and thereby minimize the impact of company activity.
At the Khi solar plant in Northern Cape (South Africa), three areas
adjacent to the solar field on the 600 ha taken up by the facility were
set up for the relocation of protected species. Here, all of the plant
soil extracted during the clearing and earth movement phase was
deposited. A protected area with prohibited access was also marked
off.
These three areas were restored and in 2015 protected species are
going to be replanted, an initiative for which a specialized outside
consultant has been contracted.
Near the Stalowa Wola project located 200 km southeast of
Warsaw (Poland) is the San River, where last year Abeinsa carried out
tasks involving riverbed protection, stabilization and recovery and
cleanup of the right bank, with an area of more than 4,000 m2, to
protect plant and animal species. The company allocated € 696,975
to this initiative.
Reforestation in the jungle near
the project being executed in
Ratnapura (Sri Lanka)
G4-DMA, G4-EN11, G4-EN12, G4-EN13, G4-EN14
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and the environment pag. 76
We make the best possible use of
our waste
Abeinsa performs exhaustive control of the waste generated by company
operations. The company seeks to choose disposal methods to ensure
the valorization of waste generated, in addition to implementing waste
reduction measures.
In 2014, Abeinsa produced a total of 71,413 t of non-hazardous waste,
of which 31.17 % was allocated to valorization (composting, recycling,
recovery and reuse), a percentage of particular significance for certain
types of waste associated with construction, Abeinsa’s main activity. This
mainly involves concrete and land waste, 29 % of which was sent on for
valorization.
The next prominent type of waste is wood-derived and 24% undergoes
valorization. Metal waste, associated fundamentally with structure
manufacturing plant activities, is another of the main types of waste
generated, where 72% of the total amount of waste generated was sent
on to be valorized to promote optimal exploitation of natural resources.
Types of waste generated by Abeinsa
71,413 tof non-hazardous waste generated
Wood
8%
8%
Metal waste
24%
8%
Construction and
demolition waste
8%
Others
17%
8%
Land
43%
8%
Only 3 % of the waste generated by Abeinsa operations is hazardous. Such waste is managed in accordance
with laws and regulations in force in each territory and is sent on to be treated and disposed of in the most
appropriate manner.
Initiatives such as the global footprint project will enable Abeinsa to set targets and goals for reducing the
amount of waste generated, and in working to determine the best possible disposal method for each type of
waste.
In Argentina, a service has been contracted for cutting up plant matter for power transmission and
distribution projects requiring vegetation clearing and land preparation tasks. Plant materials are mixed
with soil and employed in land recovery efforts. Through these types of measures, Abeinsa is committed
to the valorization of plant residues.
31.17%of waste sent on to valorization
G4-DMA, G4-EN23
«Abeinsa works to reduce waste and recover energy from
most of the waste generated
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and the environment pag. 77
We exercise responsibility in the
use of raw materials
The company’s primary raw material inputs are construction-related, and
include binding materials, aggregates and natural rocks, and ferrous
metal materials such as steel.
As part of the company’s commitment to sustainability, 59.2 %, or
19,401 t, of all ferrous materials used in the three Abeinsa steel structure
production plants located in Spain, Mexico and India come from recycled
materials.
At the Accra desalination plant in Ghana, the steel structure was
modified with respect to the initial design for all desalination facility
buildings. While achieving the same functionality, this measure also
yielded a 65% reduction in the use of material, amounting to a
decrease of 335,349.17 kg of steel.
Aggregates and
natural rocks
41%
Binding materials
used in construction
(concrete, cement,
plaster…)
45%
8%
Ferrous metal
materials
10%
8%
Desalination plant in Accra
(Ghana)
Others
4%
G4-DMA, G4-EN1, G4-EN2
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and the environment pag. 78
Components of the main
international sustainability
indexes
Thanks to the efforts of all Abeinsa personnel dedicated to compiling
data and performing tasks aimed at improving sustainability, Abengoa
enjoys a presence in key international sustainability indexes. These
indexes are a reflection of Abeinsa and Abengoa affinity with socially
responsible investors, also referred to as ESG (Environmental, Social and
Governance) investors, and constitute an assurance of long-term growth
for the company.
(1) In its first-ever participation in the Corporate Sustainability Assessment for inclusion
of the company in the Sustainability Yearbook, Abengoa obtained a score of 77 points.
Incluida
(Nasdaq OMX Green
economy index)
Prime
99/100 A
Excellence
(ESI Excellence
Europe)
Incluida
(FTSE4Good Ibex)
77 (1)
Canal del Viar (Seville,
Spain)
G4-DMA
ABENGOA
ABEINSA
Annual Report 2014 | Abeinsa and the environment pag. 79
Appendices
05
ABENGOA
ABEINSA
Annual Report 2014 | Appendices pag. 80
Appendix A
Report verification review
G4-32
ABENGOA
ABEINSA
Annual Report 2014 | Appendices pag. 81
G4-32
ABENGOA
ABEINSA
Annual Report 2014 | Appendices pag. 82
G4-32
ABENGOA
ABEINSA
Annual Report 2014 | Appendices pag. 83
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014
Abengoa Abeinsa Corporate Social Responsibility Report 2014

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Abengoa Abeinsa Corporate Social Responsibility Report 2014

  • 2. Table of Contents 1. Report from our chairman Report from our chairman Milestones in 2014 How did we prepare this report? What do we do? Where are we located? 2. Abeinsa and economic development Projects in 2014 A risk prevention mindset How do we finance our projects? Innovation and technology Social engagement Responsible procurement Local community development 3. Abeinsa and its employees Key figures Human rights Employee communication Personal & work life Equal opportunities for all Training Occupational risk prevention, target 0 accidents Social engagement and employee benefits 4. Abeinsa and the environment Environmental protection and stewardship We measure, monitor and reduce GHG emissions to combat climate change CO2 and Global Footprint labeling We protect biodiversity We make the best possible use of our waste We exercise responsibility in the use of raw materials Components of the main international sustainability indexes 5. Appendices Report verification review (Appendix A) GRI Content Index (Appendix B) Report from our chairman (Appendix C) Abeinsa and economic development (Appendix D) Abeinsa and the environment (Appendix E) List of companies (Appendix F) Management structure (Appendix G) 10 yearspublishing our sustainability report ABENGOA ABEINSA Annual Report 2014  pag. 2
  • 3. Report from our chairman 01 ABENGOA ABEINSA Annual Report 2014 | Report from our chairman pag. 3
  • 4. Report from our chairman Abeinsa, the Abengoa business group dedicated to engineering and construction, is a technology-based international provider of global solutions for the energy, water, environment, infrastructure and service sectors. Backed by over 70 years of experience, the company specializes in the execution of complex turnkey projects. Abeinsa’s business model is sustainability-based, and the company’s activities in power generation and transmission and hydraulic and environmental infrastructure revolve around this model. Abeinsa promotes the use of clean, renewable energy and efficient management of resources. Abeinsa’s vision, mission and values reflect the company’s unwavering commitment to economic and social progress, while contributing to environmental conservation and observance of fundamental rights. Abeinsa is among the top twenty international builders according to the ranking published by ENR (Engineering News Record), the prestigious international construction industry magazine. Additionally, for the second year in a row, the company is listed as the global leader in electrical infrastructure and, for the fourth consecutive year, is ranked as the top international solar power contractor. Abeinsa is also ranked second among international cogeneration plant builders. For the first time ever, this year’s report groups together the main activities conducted by Abeinsa over the course of the year, as well as the company’s CSR policies and initiatives. This is also the first time the report has been prepared in accordance with the G4 Guidelines of the Global Reporting Initiative. At Abeinsa, we understand CSR as the integration into company strategy of the expectations of our stakeholders: employees, suppliers, communities, public administration and customers. Abeinsa consolidates its position in the international market according to the ranking published by ENR. G4-1, G4-2, G4-3, G4-24 Abeinsa’s business model is based on sustainable Solar energy Power transmission and distribution Cogeneration Water treatment and desalination ABENGOA ABEINSA Annual Report 2014 | Report from our chairman pag. 4
  • 5. In each of its geographies of operation, Abeinsa effects strategic plans that include CSR plans, which are adapted to the particular characteristics and needs of the places where we execute our projects and in line with Abengoa’s strategic CSR plan. Abeinsa’s activities span the entire value chain, which is adapted to each and every activity carried out by the company. In 2014, Abeinsa completed highly significant projects, including our second solar thermal plant in the U.S. and Abengoa’s first commercial-scale next-generation biofuel plant in Hugoton. We were also selected to build the first solar thermal plant for direct electricity production in Latin America. As part of Abengoa’s asset rotation strategy, April saw the sale of diverse concession assets to associate company Abengoa Concessions. For this reason, some of the data contained in this report are not comparable to the data presented in 2013. The assets sold were the following: ›› - A wind power project in Uruguay. ›› - Various transmission lines in Chile and Peru. ›› - A cogeneration project in Mexico. In 2014, we joined the London Benchmarking Group (LBG) to continue to strive to improve return on our social engagement and increase the value created in the communities where we operate. We welcome you to visit both the Abengoa Corporate Social Responsibility mailbox (rsc@abengoa.com) and our website (www.abeinsa.com). Alfonso González Domínguez. Chairman of Abeinsa Value Chain G4-1, G4-2, G4-24 Future monitoring of results according to the 2020 strategic plan. Abengoa has drawn up a strategic CSR plan for the next five years. The plan establishes improvement targets in all economic, social and environmental realms and includes an outline of initiatives and strategies. Promotion Financing Engineering Manufacturing and Procurement Construction O&M Integration Risk management ABENGOA ABEINSA Annual Report 2014 | Report from our chairman pag. 5
  • 6. January Largest solar thermal project in Latin America February March April May June Contract awarded for electrification of 250 km of rail track in the United Kingdom Awarding of a photovoltaic project in the U.S. Inauguration of the Peralta Wind Farm (50 MW) in Uruguay 377 km of new transmission lines in Brazil Awarding of first-time project in Colombia Completion in the U.S. of the world’s largest single-axis photovoltaic plant. New desalination project in Morocco Significant mining project won in Peru New capital goods manufacturing facility in China Completion of a water treatment plant in Angola Contract awarded to execute a 250-km smart water management grid in Turkey Milestones in 2014 G4-13 ABENGOA ABEINSA Annual Report 2014 | Report from our chairman pag. 6
  • 7. July First transmission project concession in India August September October November Diciembre Diamond Procurement Award New transmission project in Argentina Hugoton inauguration in the U.S World’s largest biomass plant awarded in Belgium. Ibero-American Quality Award Ain Beni Mathar awarded prize from the African Development Bank (Morocco) Unique water delivery project awarded in the U.S. Global leadership in developing electrical power transmission and solar power projects Five new transmission projects in Chile Completion of the Mojave complex in the U.S. G4-13 20th anniversary in Peru ABENGOA ABEINSA Annual Report 2014 | Report from our chairman pag. 7
  • 8. Further highlights Abeinsa’s key figures in the economic, environmental and social dimensions in 2014 Click here to view the complete responsible management balance sheet Sales € 4,556 M EBITDA € 687 M Backlog € 7,758 M CO2 emissions prevented from being released into the atmosphere 625,182 t hours of training per employee 51.5 hours dedicated to volunteering 9,095 purchasing from local suppliers 72.4 % suppliers screened 8,929 G4-9 ABENGOA ABEINSA Annual Report 2014 | Report from our chairman pag. 8
  • 9. How did we prepare this report? Each year, Abeinsa’s CSR Report provides reliable and consistent information and describes the most relevant changes over the year in relation to the social, economic and environmental impacts of its activities, as well as any aspects of potential relevance to the company’s stakeholders. Abeinsa has been publishing its Sustainability Report annually since 2005 in accordance with the criteria and directives established under the 2002 GRI G4 guidelines. CSRR 2014 was prepared in line with the comprehensive “in accordance” option. In turn, as an independent external verifier, the firm of PwC reviewed, with a reasonable level of assurance, the application of the AA1000APS (2008) Standard, the world’ first sustainability assurance norm providing information quality and accuracy, as well as the main and supplementary indicators reported in the CSRR. The report issued by PwC describes the scope of review, pertinent standards, tasks performed and conclusions gathered. This report can be found in the Report Assurance Review Report section. The CSRR was prepared this year based on the relevant issues obtained from the meeting of the Committee on Relevant Issues held with Abeinsa employees representative of category, gender and geographical diversity. The complete report preparation process ensures transparency in Abeinsa communications and contributes to generating confidence among the company’s stakeholders. «Abeinsa adapts to the new GRI G4 Guidelines G4-18, G4-19, G4-25, G4-26, G4-27, G4-28, G4-29, G4-30, G4-32, G4-33 Phase I: identifying relevant issues Based on the examination of materiality conducted by Abengoa in the preceding year, issues defined by the Independent Panel of Experts on Sustainable Development (IPESD), issues included in the Abengoa Strategic Social Responsibility Plan (SCSRP), matters defined by the Sustainability Accounting Standards Board (SASB) and those analyzed in Phase II. Phase II: external assessment of relevant issues External identification and prioritization of issues and interviews, including the following: Phase III: internal prioritization of issues Committee on Relevant Issues. Prioritization of relevant issues carried out by Abeinsa employees. investors press analysis endorsers Abengoa consultation Reportar N o Reportar Reportaren otros inform es 100 % 100 % 75 % 75 % 50 % 50 % 25 % 25 % 0 % 0 % Foco Relevanciaexterna Relevancia interna ABENGOA ABEINSA Annual Report 2014 | Report from our chairman pag. 9
  • 10. What are the principles underlying report preparation? Abeinsa has applied the following aspects to determine relevant issues, define report contents and ensure information quality: ›› The three principles established by the AA1000AS Standard: inclusivity, relevance and responsiveness. ›› The four GRI guidance principles: materiality, stakeholder engagement, sustainability context and completeness. ›› The principles related to report preparation quality: balance, clarity, accuracy, timeliness, comparability and reliability. These principles are all interconnected, with the company choosing materiality as the cornerstone upon which the others rest. Materiality and relevance The information contained in this CSRR covers aspects and indicators that reflect the company’s significant social, environmental and economic impacts or those which could substantially influence stakeholder assessments and decisions. In other words, it covers any information which, if omitted or distorted, could influence the decisions or actions of Abeinsa’s stakeholders. To ascertain which issues are material and relevant to the company and its stakeholders, Abengoa conducts yearly materiality analysis, consisting of a procedure for selecting relevant CSR topics grounded in two intersecting bases of analysis: ›› External factors: those relating to the expectations of Abeinsa’s stakeholders and the importance they attach to the different issues. ›› Internal factors: determining the importance of the different issues for business, company management and fulfillment of business strategy objectives in accordance with the principle of inclusivity defined by AA1000AS (2008). This analysis is also valid for Abeinsa given that the company’s activity is likewise focused on the energy and environment sectors. And the same list of external factors can be applied, for which the following sources were taken into account: ›› International reporting standards, primarily the GRI and the AA1000AS (2008). ›› Analysis of good practices among leading companies in the energy and environment sectors. ›› Socially responsible investors. Analysis of indexes such as the DJSI and the FTSE4Good aids in identifying issues that are relevant for investors and shareholders. ›› International initiatives, including the United Nations Global Compact and Caring for Climate. These and other voluntary agreements comprise a series of principles which engage the company in a set of commitments that are assessed each year, which facilitates the identification of new material topics. ›› Analysis of readers’ reactions to the previous year’s report taken in through the communication channels in place for this purpose. G4-18, G4-19, G4-25, G4-26, G4-27, G4-33 «Abeinsa’s report is based on the principle of materiality, focusing on issues that are relevant. ABENGOA ABEINSA Annual Report 2014 | Report from our chairman pag. 10
  • 11. We focus our report on materiality In order to identify the issues which are material for Abeinsa, the company has applied the content requirements established under the GRI G4 Guidelines in preparing this report. This guide defines the materiality process as the task of identifying what is important and where it is important, which increases the relevance of two variables: the company’s value chain and the main geographic areas in which it operates. Abeinsa conducted a study on materiality in 2014, taking both variables into consideration. The process began by taking into account the issues determined to be relevant, analysis of the external documentation process, observation of public information issued by other competing companies operating in the sectors in which Abeinsa operates and the questions posed by the Independent Panel of Experts on Sustainable Development (IPESD). In addition to identifying new topics, the aim of this process is to focus efforts on delving deeper into the matters already deemed relevant by the company in order to approach prioritization from different perspectives and progressively adopt different variables, such as the components that make up the company’s value chain and the territories in which the company carries out its activities. The next step was to categorize the issues raised according to their importance for a company such as Abeinsa (sector). A methodology was also developed to enable the company to carry out external and internal prioritization of the list of previously identified issues. External prioritization was conducted by analyzing the information deemed important by different endorsers and opinion creators, taking into account the influence of each topic in the decision-making process of the company’s stakeholders and examining the reputational crises arising in 2014. In selecting endorsers for consultation, the different sectors of company operation were taken into consideration. In total, priorities were established based on 20 organizations. Also taken into account were the stakeholder communication channels the company has in place (including customers, investors, suppliers and local communities). Internal prioritization was carried out at the annual meeting held at Abeinsa by the Committee on Relevant Issues. Composed of ten employees from representative company areas and presided over by the CSR director, the committee makes assessments of the importance in terms of impact on the business of each matter at the different points along the value chain. G4-18, G4-19, G4-25, G4-26, G4-27, G4-33 «The GRI Content Index helps locate principles and indicators within the text ABENGOA ABEINSA Annual Report 2014 | Report from our chairman pag. 11
  • 12. Results of the 2014 Committee on Relevant Issues The diagram below shows the results obtained from internal and external prioritization. This provides the basis for determining the topics on which exhaustive information (“focus”) should be included and those which must be published in the CSRR (“report”), and indicates the number of times that each matter impacts the components of the value chain, which is represented by the size of the spheres. The company continues to work on identifying the main geographies in which the “focus” issues bear greater relevance. 100 % 100 % 75 % 75 % 50 % 50 % 25 % 25 % 0 % 0 % Weighted internal relevance Points along the chain where relevant Relevancia externa Risk of corruption, bribes, fraudulent practices and money-laundering. 3.1 67% 7 82% Financing 4.6 100% 6 53% Adapting the company to the environment in which it operates 3.8 83% 7 43% Human Rights 4.1 89% 4 37% Innovation 3.8 83% 5 57% Working conditions: family and work life balance, equal opportunities at work, career development, etc. 4.3 93% 5 83% Health and safety of company employees and contractors 3.9 85% 4 100% Climate change 3.2 70% 7 64% Consumption of raw materials 3.2 70% 3 45% Water: efficient use thereof 2.8 61% 3 43% Reducing the amount of waste generated 2.5 54% 1 58% Communication with local communities 3.5 76% 4 30% Identification and monitoring of the source of raw materials 3.1 67% 1 46% Product and service quality 4.6 100% 6 66% Reinforcing brand image 3.9 85% 7 85% Externalrelevance Internal relevance G4-18, G4-19, G4-20, G4-21, G4-22, G4-23, G4-24, G4-25, G4-26, G4-27, G4-33 Focus To be reported To be reported in other N otto be reportedreports ABENGOA ABEINSA Annual Report 2014 | Report from our chairman pag. 12
  • 13. The committee came up with the following results in determining the material issues that were taken into consideration for preparation of this report: ›› Working conditions: family and work life balance, equal opportunities at work, career development, etc. ›› Health and safety of company employees and contractors. ›› Reinforcing brand image. ›› Risk of corruption, bribes, fraudulent practices and money- laundering. ›› Financing. ›› Adapting the company to the environment in which it operates. ›› Human rights. ›› Innovation. ›› Climate change. ›› Reducing the amount of waste generated. ›› Product and service quality. These other issues proved optional: ›› Water: efficiency in use thereof. ›› Communication with local communities. ›› Identification and monitoring of the source of raw materials. ›› Consumption of raw materials. Scope of the information included in CSRR 2014 Unless specified otherwise in the text or in the data reported, all of the information and performance indicators included in the CSRR relate to the activities carried out in 2014 by the organization’s companies that have a significant social, environmental and economic impact both within and beyond the boundary of the organization. G4-18, G4-19, G4-20, G4-25, G4-26, G4-27 ABENGOA ABEINSA Annual Report 2014 | Report from our chairman pag. 13
  • 14. What do we do? G4-4, G4-8, G4-9 ABENGOA ABEINSA Annual Report 2014 | Report from our chairman pag. 14
  • 15. Solar plants Abeinsa is a pioneer in solar power plant construction with 2,200 MW completed and 484 MW under construction Photovoltaic, solar thermal tower, parabolic trough and integrated solar-gas facilities Other renewable plants Wind power, biomass and Waste to Energy (W2E). Conventional generation 9 GW of installed power in conventional generating projects Combined cycles, cogeneration and others Biofuels Abeinsa has built biofuel plants which produce more than 2,500 ML per year. Desalination plants Abeinsa has built water purification plants to provide drinking water to more than eight million people and plants with the capacity to treat over 1,500,000 m3 of water per day Water transport and distribution Abeinsa has built desalination plants with a total capacity surpassing 1.5 M m3 per day. Rail transport Subway, conventional and high-speed lines. Major transmission systems International leaders for the 7th straight year in power transmission and distribution. More than 25,000 km of transmission lines and 287 electrical substations worldwide over the past l0 years. G4-4, G4-8 ABENGOA ABEINSA Annual Report 2014 | Report from our chairman pag. 15
  • 16. Industrial plants and electrical and mechanical installations Manufacturing Steel structures Over forty years of experience in the industry. Production centers in Spain, Mexico and India with an overall production capacity of 150,000 t per year. Capital goods Backed by seventy years of experience, and 25,000 m2 distributed into three production centers, two in Spain and one in China. Procurement and provision More than 70 years of experience and expertise in marketing and distribution of electrical and electronic material. Turnkey execution from supplier selection to deliverable implementation. Singular buildings Abeinsa develops and operates hospitals, government buildings, courthouses, cultural centers and penitentiary facilities, among others. Engineering Global leader in solar thermal technology engineering development. Energy efficiency and climate change consulting Energy audit and environmental consulting services for low-carbon projects, voluntary emissions compensation and sustainable mobility projects, among others. Operation & Maintenance O&M services in the energy, water and environment fields. G4-4, G4-8 ABENGOA ABEINSA Annual Report 2014 | Report from our chairman pag. 16
  • 17. Where are we located? Headquartered in Seville (Spain), Abeinsa enjoys a presence in 41 countries, operating through the organization’s more than 250 companies, subsidiaries, holding companies, installations and offices. Abeinsa envisages an ever-growing company presence in American and Asian markets in the coming years. North America Canada Mexico United States Latin America Argentina Brazil Chile Colombia Costa Rica Guatemala Nicaragua Panama Peru Uruguay África Algeria Angola Ghana Kenya Morocco South Africa Oceanía Australia Europa Belgium Denmark France Poland Spain Switzerland Turkey Ukraine United Kingdom Asia China India Israel Japan Kuwait Nepal Oman Saudi Arabia Singapore South Korea Sri Lanka United Arab Emirates G4-5, G4-6, G4-8 41countries around the globe ABENGOA ABEINSA Annual Report 2014 | Report from our chairman pag. 17
  • 18. Abeinsa and economic development 02 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 18
  • 19. Projects in 2014 Energy & Environment Solar power plants Atacama (Chile) Latin America’s first solar thermal complex for direct electricity production. Tower technology (110 MW) and photovoltaic plant (100 MW). 17.5 hours of storage capability. Under construction G4-8 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 19
  • 20. Mojave (California, U.S.) Parabolic trough technology (280 MW). To deliver clean energy to 91,000 households. Mount Signal Solar (California, U.S.) Largest single-axis photovoltaic plant in the world. To supply clean energy to 72,000 households. G4-8 Energy & Enviroment > Solar power plants «No.1 international solar power contractor ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 20
  • 21. Lone Valley (California, U.S.) 30 MW photovoltaic project. Khi (South Africa) Africa’s first solar power tower (110 MW). Under construction. G4-8 Energy & Enviroment > Solar power plants ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 21
  • 22. Kaxu (South Africa) First solar thermal power plant in South Africa Parabolic trough technology (100 MW) with 2.5 hours of storage capability. Xina (South Africa) 100 MW solar thermal plant employing parabolic trough technology with 5 hours of storage capability. Under construction. Ashalim (Israel) Employing parabolic trough technology, this solar thermal plant is the largest in the country (110 MW). Under construction. G4-8 Energy & Enviroment > Solar power plants ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 22
  • 23. Other renewable power plants Waste to Energy (Arizona, U.S.) Electric energy production plant (15 MW) from urban solid waste. B2E Ghent (Belgium) The largest newly constructed commercial biomass plant in the world (215 MW) Under construction. Hugoton (Kansas, U.S.) Hugoton (Kansas, U.S.) Abengoa’s first commercial-scale next-generation biofuel plant. G4-8 Energy & Enviroment > Other renewable power plants ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 23
  • 24. Talas de Maciel Wind Farm (Uruguay). 70 MW Under construction. Mamacocha hydroelectric power plant (Peru). To deliver clean energy to more than 10,000 households, preventing the emission into the atmosphere of 43,000 t of CO2 each year (20 MW). Under construction. Cadonal Wind Farm (Uruguay) 50 MW Under construction. Peralta Wind Farm (Uruguay) 50 MW G4-8 Energy & Enviroment > Other renewable power plants «No. 1 private wind power developer in Uruguay ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 24
  • 25. Conventional power generation 440 MWe combined-cycle plant in Portland (Oregon). To provide half of the city’s population with electrical power. Under construction. Operation and maintenance over a 25- year period. The plant will produce electricity to power more than 500,000 homes per year. 15 MW cogeneration plant in Pasadena (Texas, U.S.). G4-8 Energy & Enviroment > Conventional power generation 924 MW combined-cycle plant in Ciudad Juarez. 924 MW Under construction. ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 25
  • 26. 1. Expansion of the New Pemex cogeneration plant. 1,245 MW. To ensure steam supply of 100% to the New Pemex Gas Processing Complex. Green Seal, Green Bond. (GB) Under construction. 2. Centro Morelos (Mexico) 640 MW combined cycle that will generate power to meet the supply needs of over 280,000 households. Under construction. 3. Stalowa Wola (Poland). With its 450 MW capacity, it is the largest combined-cycle plant in Poland and will provide electricity, heating and hot water for 10,000 homes. Under construction. 4. Dead Sea (Israel) 220 MW conventional power generation plant. Under construction. 1 3 4 2 G4-8 Energy & Enviroment > Conventional power generation ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 26
  • 27. Water treatment and transport Water supply and treatment plant in San Antonio (Texas, U.S.). 168,970 m3 of water per day per annum. 30-year O&M. Under construction. The world’s first solar- powered desalination plant (Saudi Arabia). Reverse osmosis. Capacity to treat 60,000 m3 of sea water per day. To supply water to 200,000 people. Under construction. 250-km smart water management grid in Denizli (Turkey). Under construction. G4-8 Energy & Enviroment > Water treatment and transport ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 27
  • 28. 1. Zapotillo Aqueduct (Mexico) To benefit more than one million inhabitants of Guanajuato. 25-year concession. Under construction. 2. Largest desalination plant in Morocco. To supply 100,000 m3 of drinking water each day to the drought-affected population of Agadir. Under construction. 3. Chile’s first desalination plant. Under construction. 4. Tenes, Abeinsa’s third desalination plant in Algeria, with the capacity to desalinate 200,000 m3 of water per day. 1 3 4 2 G4-8 Energy & Enviroment > Water treatment and transport ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 28
  • 29. 1. Accra, Ghana’s first desalination plant. Reverse osmosis technology with the capacity to desalinate 60,000 m3 of water per day. 2. Water treatment plant in Angola, with the capacity to treat 16,300 m3 of water per day. 3. Reverse osmosis desalination plant in Barka, Oman. 4. Water treatment plant with the capacity to treat 13,000 m3 of water per day. Sri Lanka. 1 3 4 2 G4-8 Energy & Enviroment > Water treatment and transport ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 29
  • 30. Transmission & Traction Major power transmission systems Transmission line in India. First transmission project concession in India (134 km), in addition to another 140 km. Under construction. 7,200 km of transmission lines in Brazil. 30-year O&M. Hiring peaks employing over 10,000 people. Under construction. With its 3,150 MW capacity, this 600 kV transmission line is the longest direct current line in South America MTE ATE XXIII ATE VIII ATE XX ATE XVII ATE XIX ATE XVI ATE XXIV ATE XXI LVTE NBTE ATE XVIII ATE XXIIATE V ATE VII ATE IV ATE VI G4-8 Transmission & Traction > Major power transmission systems ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 30
  • 31. 1. First major power transmission and distribution project in Canada, 412 km in Nova Scotia and Newfoundland and Labrador. Under construction. 2. First transmission project in Oman, comprising an electrical substation and a 24-km transmission line. Under construction. 3. Three new projects in Argentina totaling 204 km of power transmission line. Under construction. 4. 300 km of new transmission lines in Morocco. Under construction. 1 2 4 3 G4-8 Transmission & Traction > Major power transmission systems ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 31
  • 32. Other T&D projects Chile87 km of transmission lines and 4 substations Costa Rica3 electrical substations and associated transmission lines Perú500 km of transmission lines under construction Kenia132 km of transmission lines and substation Over the past ten years Kuwait120 km of transmission lines under construction UkraineConstruction continues on 187 km of transmission lines G4-8 Transmission & Traction > Major power transmission systems more than 25,000 km of transmission lines and 287 electrical substations ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 32
  • 33. Railway transportation Abeinsa is a global point of reference in the railway sector for the development of turnkey projects involving catenary, traction substation, communications, signaling, high- and low-voltage power installation and lighting and ventilation system activities. 1. Mecca-Medina High-Speed Rail (Saudi Arabia), 450 Km. Under construction. 2. Santiago Metro subway system (Chile). Electrical system for two new lines. Under construction. 3. Railway electrification of 250 km of rail track (United Kingdom). Under construction. 4.A variety of projects for Adif and Renfe (Spain). Under construction. 5. Catenary tasks (France) 1 3 4 5 G4-8 Transmisión & Tracción > Railway transportation 2 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 33
  • 34. Infrastructure Singular building construction 1. Hospital in Manaus (Brazil). 30.000 m2. Concession over a 20-year period. Under construction. 2. Convention Center in Punta del Este (Uruguay) Under construction. 3. Montevideo Penitentiary Center (Uruguay). The country’s first public-private partnership (PPP) project. Under construction. 4. Bicentennial Mexiquense Cultural Center (Texcoco, Mexico). 21-year concession. 35.000 m2. 1 2 3 G4-8 Infraestructure > Singular building construction 4 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 34
  • 35. Industrial plants and electrical and mechanical installations Compression and air-drying system at the Cartagena de Indias plant. (Colombia) First contract in Colombia. Under construction. Mechanical installations for the Niels Bohr Building of the University of Copenhagen (Denmark). First project executed in Denmark. Under construction. Shougang Mining expansion (Peru). The company’s most important mining project. To increase the capacity to produce iron ore concentrate by 10 Mt per year. Under construction. G4-8 Infraestructure > Industrial plants and electrical and mechanical installations ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 35
  • 36. Services Manufacturing Designs, tests and manufactures steel structures for: ›› Transmission lines towers ›› Substations ›› Telecommunication towers ›› Thermosolar and photvoltaic plants Wind power generation towers Test center to real size of transmission towers. Motor control centres and low-voltage power and distribution boards and Medium-voltage cabinets. Sampling equipment ›› Measurement, control and protection panels. ›› Electrical rooms and modular units ›› Equipment with built-in electronics Engineering Abeinsa has its own engineering network which gives it the capacity to undertake basic and detailed engineering projects internationally, in the energy, water and environment sectors with permanent presence in Spain, USA, Mexico, India, Poland and Chile. 1,500 t of steel tower structures to restore the electrical power supply to Baja California in the aftermath of Hurricane Odile. G4-8 Services > Manufacturing 210,000 m2 of production centers ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 36
  • 37. Provision and logistics Abeinsa is backed by over 70 years of experience and expertise in marketing and distribution of electrical and electronic material. This activity and know-how has now been joined by marketing of mechanical materials and management of the company’s own transport for the projects it has underway. Abeinsa provides technical consulting in the design and manufacturing of materials, and assists in finding and approving suppliers most in line with customer needs. Monitoring is conducted through factory visits in order to oversee the different stages involved in meeting the schedules agreed upon. Comprehensive logistics management completes the process, performing overland and maritime route analyses and processing the permits required for importing goods, through to unloading at their destination point. Abeinsa also supervises onsite testing and operational startup of equipment and systems for final delivery. More than 1,100 orders weighing 9,300 t were delivered to four continents in 2014. Over 6,000 freight containers contracted. Services > Provision and logistics ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 37
  • 38. Operation and Maintenance (O&M) Abeinsa provides O&M services in the energy, water and environment sectors. Over 15 years experience, manages plants producing electricity and heat, water infrastructure and treatment of wastes. Also carries out O&M of large power transmission systems. Hassi R´mel (Algeria) Integrated solar combined-cycle power station (Algeria) 150 MW. One of the first solar-gas hybrid power stations in the world. Abeinsa is among the groundbreaking companies in building and operating solar plants in northern Africa. Ain Beni Mathar (Morocco) Operation and maintenance since 2010 of the first 472 MW ISCC plant to operate commercially in the world, generating 10% of the electricity consumed in Morocco. 4,400 kmof transmission lines in Brazil 2,119 kmof transmission lines in Peru G4-8 Services > Operation and Maintenance (O&M) Online predictive maintenance First online predictive maintenance project in Mexico. ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 38
  • 39. A risk prevention mindset Reducing uncertainty so that the outcome materializes according to anticipated plans. Risk is something which, should it occur, affects initially established objectives in terms of project costs, schedules and quality. Action taken to mitigate risk: Installation-related risk analysis In 2014, Abeinsa analyzed 19 of its installations, including solar thermal plants, transmission projects, hybrid plants and structure manufacturing factories, among others. This consists of annual assessment of CSR risks in the company installations deemed most significant according to nature, objective non-compliance and third-party perception. Twenty-seven (27) indicators are taken into account to examine aspects such as labor practices, health and safety, the supply chain, social commitment and local impact, environmental management, ethics and integrity and compliance. Subsequent to this analysis is the execution of a risk mitigation plan which entails an action plan including measures for creating a communication platform ›› Determining risks ›› Devising mitigation actions ›› Supervision and prevention ›› Developing a performance framework to facilitate company dialogue with opinion creators around the main risks identified. The results of risk analysis in facilities, are included in the Universal Risk Model, which measures the evolution of risks in the same installation over time and improve management mitigation plans. 19 installationsanalyzed in 2014 The New Pemex cogeneration plant, one of the facilities analyzed. ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 39
  • 40. How do we finance our projects? In order to keep investing and consolidating its position of leadership in the energy and environment sectors, the company continues to strengthen its financing model. Due to the international financial crisis, access to financing has posed a significant challenge for companies in recent years; however, thanks to its business model and potential for growth, Abengoa has been able to access loan and credit line sources which allow the company to continue to conduct its activities successfully. ›› Loans with financial institutions. In addition to loans from banks, there are credit institutions such as the Instituto de Crédito Oficial (ICO), and a variety of export credit agencies. ›› Project financing. Means for building or purchasing an asset, taking exclusively assets and cash flows of the company or group of companies conducting the activity linked to the asset being financed as collateral. This constitutes long-term financing of concession projects, which are secured by the projects themselves. ›› Green Bond: Abengoa has issued bonds for socially responsible (ESG) investors. The associated green projects lie in renewable energy, power transmission and distribution, energy efficiency, water management, water transport and distribution, bioenergy and waste-to-energy, the company’s main activities. Green Bond-supported Abeinsa projects ›› Transmission lines in Brazil (ATE XVI-, XVII, XIX, XX, XXI, XXIV). ›› Expansion of the New Pemex cogeneration plant in Mexico. Capital invested Capital < Construction margin Capital gains ›› Capital recycling ›› Dividends ›› Capital gains ›› Construction margin ›› Technology margin ›› O&M margin Recycling of initial capital invested Bridge capital / debt Long-term capital Project company APW - 1 Abengoa Yield ABENGOA Free cash flow ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 40
  • 41. Innovation and technology Abeinsa develops and participates in a wide range of European technology development programs and innovative experimental projects in collaboration with other public and/or private organizations: ›› CO2 capture and valorization: development of CO2 sequestration, post-combustion (carbonation) and oxy-combustion technologies and demonstration thereof in industrial sectors. ›› Sea and ocean power: development of wave power and current generating plants, as well as Project Wavebuoy offshore businesses. ›› Energy storage: for all types of applications, from power grid supply quality enhancements to renewable power integration. Development in Torrecuéllar (Seville) of the ARESS electrical storage system based on the modular energy storage system using 1 MW lithium batteries (link) ›› Project Cepheus: a satellite for developing the use of hydrogen as an efficient source of energy in space. ›› Power electronics: applicable to different areas, including renewable energy sources and electrical power transmission. ›› Electromobility: aimed at integrating electric vehicles efficiently into the power grid. Implementation of the company’s first electric vehicle platform in Seville. 21 M€Abeinsa investment in innovation Project Wavebuoy. Wave power- driven electrical power generator. «Abeinsa develops innovative technology- based solar thermal, waste, W2B, water and biomass plants Project ARESS, computer graphics for a modular energy storage system using lithium batteries integrated into 40-foot containers. G4-DMA ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 41
  • 42. Social investment distribution by region 0,00 % 77,4 % 7,2 % 9,00 % 5,50 % 0,9 % 0,1 % Art and Culture Social Welfare Economic development Education Enviroment Other Health Supporting community development wherever Abeinsa enjoys a presence 0,3 % 78,9 % 15,3 % 1,2 % 3,7 % 0,6 % Africa Latin America Asia Usa and Canada África Europa Art and Culture 1,3 0,0% Social Welfare 3.002,2 77,4% Economic development 277,7 7,2% Education 349,3 9,0% Enviroment 213,5 5,5% Other 33,7 0,9% Health 2,7 0,1% Total 3.880,4 100,0% Supporting community development wherever Abeinsa Africa 11.6 0.3% Latin America 3,062.2 78.9% Asia 593.3 15.3% USA and Canada 47.0 1.2% Spain 142.3 3.7% Europe 24.0 0.6% Total 3,880.4 100.0% Social investment distribution by region 600 women celebrated Women’s Day with PE&C in Gujarat (India). Social engagement 3,8 k€ in social projects 73,5 % investment in Latin America and Africa G4-DMA, G4-SO1 London Benchmarking Group In 2014, the company made the decision to report its social performance in line with the criteria proposed under London Benchmarking Group (LBG) methodology. ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 42
  • 43. Abengoa subsidiaries draw up annual community action plans. These plans range from core organizations to projects, thereby affording a global strategic vision and local approach. Supporting community development wherever Abeinsa enjoys a presence School talks Employees working on the Kaxu Solar One project in South Africa gave an introductory talk on the world of renewable energy sources for students at a school near the solar plant being built by the company. Donation of 30 water tanks with faucets for children at an orphanage near the desalination plant in Accra (Ghana) to be able to wash their hands and prevent diseases such as cholera. Handicraft made by children at a rural school close to the Peralta wind farm following the presentation delivered by Abeinsa employees on the benefits of renewable energy sources (Uruguay) Why are governments replacing conventional power with clean energy? “ G4-DMA ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 43
  • 44. Employees get involved Training: Linemen’s School Through Abengoa Brazil, a new initiative is being promoted linked to the need for personnel trained to build the new transmission line projects awarded in recent months. The “Linemen’s School” will provide specific training in a number of the communities through which future transmission lines will run. Following the two-month training program, students will have the option to join the Abeinsa workforce in Brazil. The program will provide people in rural communities with training and the chance to gain employment, and enable Abeinsa to meet its need for specialized line construction personnel. Preventive healthcare: Breast Cancer Day Amama Seville T-shirt, polo, sweatshirt and tote sales. Amama Seville is an association dedicated to providing counseling and support to women with breast cancer. The money taken in was donated to the Amama Seville association, which came to deliver a presentation to employees at Campus Palmas Altas on early detection and prevention of breast cancer. Abeinsa has trained 300 students to be transmission line technicians in Peru Breast Cancer Awareness Day G4-DMA ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 44
  • 45. Our reforestation teamwork (Mexico and Spain) Abeinsa organizes a variety of reforestation activities throughout the year in different places with a twofold aim in mind. On the one hand, it gives the entire company team the chance to spend a day together with family and friends outside the usual working context. And, on the other, these reforestation efforts contribute to the enhancement of our natural surroundings by offsetting the effects of human activity. Aznalcóllar, a town located in Seville’s Sierra Norte. Carob and olive trees were planted in a nearby meadow. In addition, there was an orientation workshop where children were asked to find different markers, and an environmental workshop for youngsters to learn about the features of the local ecosystem. Green Corridor of the Guadiamar River, Seville (Spain), where more than 70 participants among employees and their family members planted over 40 trees. In addition to contributing to the natural diversity of the environment by planting dogwood, strawberry, pear and elm trees, children took part in an adventure activity while their parents enjoyed a guided tour of the botanical garden. Over 200 native trees were planted, mainly carob trees, thereby contributing to preserving the natural diversity of the El Campillo Meadow in the community of Aznalcóllar, an area which was ravaged by fire in 2004. In Mexico, shoulder to shoulder with Naturalia, a Mexican non-profit company dedicated to the conservation of species and ecosystems, a reforestation initiative was carried out in the township of Tecamac in the State of Mexico. This year’s goal is to plant 3,310 trees with participation support from PE&C beneficiaries: the Flor Danzante (Dancing Flower) community children’s care facility and the assistance center for dependent adults with intellectual disabilities. 3,310trees are expected to be planted in 2015 Reforestation sessions in Aznalcóllar, Seville (Spain). G4-DMA ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 45
  • 46. Collection and donation drives: books, clothing, toys, food A variety of solidarity donation campaigns were conducted among employees at company headquarters in Spain, South Africa, Algeria, the U.S. and Mexico. Sports, a shared passion that brings people together It brings employees together and helps strengthen ties with local communities. Year-long sports leagues in Mexico, Peru… Intercontinental soccer match Employees at the Waste to Energy plant and Green Living magazine combined efforts to sponsor a two- continent soccer tournament to commemorate Earth Day. The “Kick It with Africa!” event was held simultaneously at Arizona State University and in a village in Ghana, Africa. Five years sponsoring the soccer tournament to benefit orphanages in Morocco «PE&C Christmas campaign in Mexico, Brazil, Chile, Peru, Spain, India and Argentina Thanks to this initiative, children from 60 orphanages and shelters in Casablanca are able to play soccer. Christmas celebration at the Santa Rita de Cassia Orphanage (Brazil). G4-DMA ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 46
  • 47. PE&C People, Education and Communities: Committed to Development One of the hallmarks of the Focus-Abengoa Foundation is the PE&C People, Education and Communities: Committed to Development social program. The mission embraced by the program is social development through education. The program, implemented in 2005 in Argentina, is today active in nine countries, including Peru, Brazil, India, Mexico, Chile and Spain. Joining the program in 2014 were Sri Lanka and South Africa. New program headquarters also opened in countries where the program was already in place, such as the Maria Elena community in Chile’s Atacama Desert, and in Santa Rosa and Pachma in western Peru. «In 2014, Abeinsa employees dedicated 9,095 hours to volunteer work, 6% more than in 2013 G4-DMA People with disabilities Familys Children and teenagers Women Elderly Inmigrants PE&C Argentina (2005) › Quimili › Monte Quemado › Alderetes › Tintina › San Miguel de Tucuman PE&C Brazil (2010) › Rio de Janeiro › Aracaju- Sergipe PE&C Mexico (2011) › Mexico DF PE&C India (2011) › Nani Singloti › Mandal › Dadhawada › Dediapada PE&C Chile (2012) › Santiago de Chile › Antofagasta › María Elena PE&C Spain (2013) › Seville PE&C South Africa (2014) › Pofadder › Pella › Witbank › Onseepkans PE&C Sri Lanka (2014) › ColomboPE&C Peru (2008) › Chiclayo › Cruce Shumba › Huaraz › Comas › Chontabamba › Manchay ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 47
  • 48. The program promotes integration through education of the most vulnerable members of society: disabled persons, children, adolescents and families with basic unfulfilled needs, the elderly, indigenous peoples, women who have suffered from gender-based violence and migrants. PE&C is a program that was conceived with a long-term vision. All PE&C initiatives are carried out in conjunction with local organizations in order to adapt the program to the particular characteristics and needs of each community. With the aim of engaging company employees and their families and friends and the community at large in Abengoa’s social initiatives, a program was created to promote volunteer work in the diverse educational and cultural activities organized. The volunteer network comprises two major categories: ›› Cultural volunteering: geared towards university students and graduates and people over the age of 65 who wish to devote some of their free time to promoting and disseminating the heritage of the city of Seville. ›› Social volunteering: social volunteering is directly supported by the PE&C social development program. There are a variety of ways to collaborate with the program: ›› Solidarity vacations: Abeinsa employees and their companions have the chance to spend part of their vacation time at a PE&C site and collaborate by providing assistance to project beneficiaries. “The girls’ happiness is utterly contagious.” María del Mar enjoys her vacation with the girls at the Santa Rita de Cassia Orphanage in Rio de Janeiro (Brazil) 5,796direct beneficiaries in 2014 10 yearsPE&C celebrates its 10th anniversary in 2015 101projects and 23 program sites «PE&C launched in two new geographies: South Africa and Sri Lanka G4-DMA ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 48
  • 49. ›› Task exchange: PE&C coordinators periodically upload tasks requiring assistance to a computer application. These tasks can be carried out by Abeinsa employees from anywhere around the world. ›› Monetary donation: company employees can contribute money to any PE&C project through a computer application managed through Connect@. ›› Corporate volunteering: Abeinsa employees and their family members can do hands-on volunteering at PE&C locations. The program sets up an annual calendar of activities in which they may participate. To get involved, write to volunteering@abengoa.com «Wide-ranging tasks, including designing a poster, painting the front of a program site building, coming up with ideas for fun activities for youngsters, sharing traditional cooking recipes, etc. «In 2014, PE&C signed its first university agreement to theorize the experience accumulated as the product of nine years of engagement with community members at risk of social exclusion. “Your Project Counts” An initiative through which Abeinsa employees share knowledge and skills applied to household economics, yoga, IT, etc. with PE&C beneficiaries. Prabir Bhattacharjee, an Abeinsa employee in India, leading a workshop on good table manners. G4-DMA ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 49
  • 50. Responsible procurement All Abeinsa suppliers have an obligation to sign the Social Responsibility Code (SRS), a document by means of which they commit to fulfilling the requirements of the United Nations Global Compact, in addition to reporting the GHG emissions associated with the products and services they provide. We screen our suppliers All suppliers currently working with Abeinsa, nearly 9,000 in total, have been screened in order to determine those who may pose risk to the company. This project, which is part of the overall analysis conducted by Abengoa since 2014, is based on aspects which include observance of human rights, potentially corrupt practices and the status of a supplier’s country of origin. Analysis was performed thanks to the efforts of the procurement departments at Abeinsa companies. High-risk suppliers detected 731 Critical suppliers 171 Auditorías Audits performed 45 Number of suppliers screened 8,929 G4-DMA, G4-EN32, G4-EN33, G4-LA14, G4-LA15, G4-SO9, G4-SO10, G4-12, G4 HR10, G4-HR11 We are expanding the supply chain ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 50
  • 51. Local community development Local suppliers In 2014, Abeinsa made 72.40% of its purchases from locally-based suppliers (in 2013 the figure was 70.6%), which validates the upward trend in support of local communities and sustainable development. Payment of taxes The value of government taxes paid totaled €147,217,24 K in 2014. Of the total amount of taxes paid in 2014, 56.53% is attributed to employee personal withholding and income tax applied and deposited by the different companies into the Tax Agency. And 24.14% corresponds to other taxes, fees and levies. Countries Local supplier % Argentina 97.90% United States 96.82% Peru 95.77% China 95.63% Brazil 91.94% Uruguay 89.15% Chile 84.33% Morocco 81.39% United Arab Emirates 75.59% 147,217 K€in taxes paid to governments in the 40 countries where the company operates. 72,40 %of purchases made from local suppliers G4-DMA, G4-EC1, G4-EC9 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and economic development pag. 51
  • 52. Abeinsa and its employees Domingo Torres, 43 years in Argentina He began his career as he ended it, participating in Abeinsa’s transmission line projects in Argentina. For Domingo, who is moved by recollections of his time with the company, the most important thing is to produce quality work on time. Domingo is known for his professional evolution, remarkable work capacity, intelligence and generosity. 03 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 52
  • 53. Key figures Geographies Employees Total % Spain 4,492 26.39 % Europe 373 2.19 % North America 997 5.86 % Latin America 9,694 56.96 % Africa 450 2.64 % Asia 1,007 5.92 % Oceania 7 0.04 % Total 17.020 Permanent Temporary Employees 53.78 % 46.22 % Operators 25.82 % 74.18 % 17,020employees in 2014 5.84 %rise in employment in 2014 North America 997 employees 5.86 %8% Latin America 9.694 employees 56.96 %8% Oceanía 7 employees 0.04 %8% Asia 1.007 employees 5.92 %8% Europe 373 employees 2.19 %8% Spain 4,492 employees 26.39 % Age pyramid 2014 >60 3.1% 51-60 9.4% 41-50 18.9% 31-40 36.5% 20-30 32.0% Age Workforce average 36.4 years Male employee average 37 years Female employee average 33.5 years África 450 employees 2.64 %8% G4-DMA, G4-9, G4-10 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 53
  • 54. Rotación Bajas totales Bajas críticas España 3,96 % 0,76 % Europa 6,70 % 0,27 % Norteamérica 2,81 % 0,60 % Iberoamérica 2,22 % 0,10 % África 4,89 % 0,22 % Asia 4,27 % 0,30 % Oceanía 0 % 0 % Total 3,00 % 0,32 % Tipo de formación Total attendance no. in 2014 No. of training hours in 2014 Total attendance no. in 2013 No. of training hours in 2013 Languages 48,679 195,840 3,944 166,541 Corporate 31,577 166,546 63,381 152,510 Prevention 9,514 82,952 33,695 131,371 General 47,517 491,393 48,028 152,016 Professional practices 415 467,641 364 458,710 Total 137,702 1,404,371 149,412 1,061,147 1,404,372imparted training hours in 2014 G4-DMA, G4-9, G4-10, G4-HR2, G4-LA1, G4-LA3, G4-LA9 *Data calculated based on the average staff figure, without taking interns or trainees into account. 52 hoursof training per employee average* ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 54
  • 55. Human Rights Through Abengoa, Abeinsa is signed up to the United Nations Global Compact since 2002. To ensure protection of the rights of its employees, all company personnel are included under supra-company labor regulations, regardless of the nature of their activities or the countries where such activities are carried out. In addition to the legal protection offered in each country, of particular importance are collective bargaining agreements for the industry, territory, or those of the company itself, signed up to by workers, their representatives or trade unions, depending on each case. The labor- related social responsibility codes specific to each country allow Abeinsa to adapt to the cultural idiosyncrasies and particularities of the countries in which the company operates. The company conducts training courses based on these contents, as well as matters pertaining to anti-corruption efforts. In 2014, the number of training hours dedicated to these areas for both company employees and subcontracted personnel totaled 7,673. In 2014, there were six cases involving discrimination-related issues. Two of them were resolved in favor of the company, three are pending resolution and the fourth case was dismissed. The Abeinsa companies in which these notifications were recorded have undertaken a commitment to provide training to their employees in order to prevent future incidents of this nature. Transparency, anti-corruption and the company code of conduct The values underlying corporate culture at Abeinsa are honesty, transparency, integrity, good judgment and professional rigor. These values are essential to the company’s reputation and success and they govern each and every company activity. Abeinsa has mechanisms and procedures in place for preventing fraudulent and corrupt practices through the company’s continually updated common management systems. All company employees receive information and training on a regular basis regarding the procedures to be followed and channels in place for reporting any irregularities. Observance of national and international laws and the Abengoa professional code of conduct determine the guidelines to be followed from a preventive perspective, whereas the Whistleblower Channel and other detection mechanisms, including audits, enable the company to pinpoint potentially fraudulent action. Training in Human Rights 2014 No. of employees provided with Human Rights courses 5,867 Total no. of training hours through Human Rights courses 7,672.94 No. of employees provided with anti-corruption courses 5,224 Total no. of training hours through anti-corruption courses 5,180.3 7,673hours of training in Human Rights G4-DMA, G4-11, G4-56, G4-HR2, G4-SO4, G4-HR3, G4-HR7, G4-LA12, G4-LA16 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 55
  • 56. Employee communication Abeinsa has the following channels of communication in place with the people who make up the company team: In-person ›› Strategy sessions: numerous employee gatherings with senior management are organized annually in the different Abeinsa companies and geographies to analyze results achieved, strategies to be followed and the future of the company. ›› Open-house events at a variety of company headquarters and project locations: at Campus Palmas Altas (in Seville) for family and friends of employees who wish to learn about the inner workings of the place where they work. In Sri Lanka, in South Africa… ›› ›› Teambuilding activities: activities which combine work and pleasure to bolster working teams at the different Abeinsa companies. ›› Human resource partners for every Abeinsa employee. ›› Committees in which employees take part by sharing their point of view with respect to the issues at hand. ›› Orientations: in many countries, particularly in South America, new company employees receive general training in Abengoa’s corporate culture. ›› NOC courses: all Abeinsa employees are required each year to attend the refresher course on the company’s norms of obligatory compliance. This half-day session serves as a point of encounter to learn more about the company’s vision and principal changes taking place over the year. These courses are conducted in all geographical locations of Abeinsa operation. ›› In-house newsletters: many of Abeinsa’s territories have their own in-house publications to disseminate and share news regarding the status of projects in progress, teambuilding activities, etc. ›› Breakfast meetings with management: meetings with employees and Abeinsa company members of management to gain first-hand knowledge of employee perceptions and improvement proposals. «Abeinsa organizes a host of team gatherings to contribute to company growth and employee well-being. G4-DMA ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 56
  • 57. Digital ›› Connect@ (Intranet) and other specific corporate applications for managing aspects related to training, occupational risk prevention, human resources and business development, including People Center, Campus Abengoa and Abengoa Easy Management. Abeinsa employees celebrate the 20th anniversary in Peru ›› Employee welcome handbook, containing practical information on the facility where they work, human resource policy and common management systems, among others. ›› Mailing: diverse channels of communication from different departments, geographies and companies and activities. Aimed at achieving a multi-directional flow of information, these communications deal with a variety of topics, including new projects won by the company, achievements in emissions reduction, improvement initiatives and success stories to be shared. ›› Newsletters: like mailings, weekly communications are sent out from different areas of the company. ›› Social networks: In 2014, Abengoa launched its presence in the main social networks, which has enabled the company to set up two-way dialogue with all kinds of audiences. ›› Abengoa Blog: www.theenergyofchange.com, a platform where company employees share their opinions on topics they consider to be important, thereby facilitating fluid, open and close dialogue with company stakeholders. ›› Mailboxes available to company employees, including the Human Resource mailbox and whistleblower channel: platforms through which employees may express their opinions, doubts or problems anonymously. ›› Websites: Abeinsa has its own website, www.abeinsa.es, in addition to the variety of company websites in the different geographical locations of operation. ›› Work climate and satisfaction surveys Ejemplos 1) Breakfast meetings with management: gatherings held regularly with Abeinsa employees and members of management to gain first-hand knowledge of employee perceptions and improvement proposals. 2) At the project construction site where Abeinsa is working in Stalowa Wola (Poland), an on-site canteen was built for employees to spend their leisure time after the end of the work day. 3) Abeinsa has built onsite living quarters in various geographical areas where required due to project location. Thus, in Khi (South Africa) and in Peru, living quarters are in place so that the team of people working on the project may enjoy living conditions as close to normal as possible. G4-DMA ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 57
  • 58. «Employees also have access to assistance from the Focus-Abengoa Foundation Personal and work life Abengoa offers its employees a series of resources aimed at contributing to enhanced personal and professional life balance. Free transportation services at a number of Abengoa work facilities, as in the case of Spain and Brazil. Some work centers also provide economic assistance for work commutes. Food services at work facilities with a significant headcount or food vouchers in facilities without lunchrooms. Day care center: Campus Palmas Altas, the corporate headquarters site, has a subsidized day care facility with a capacity for 145 children from the ages of 0 to 3. Fitness centers equipped for doing physical exercise and specific areas set up for group activities in larger worksites. Medical service supplementing healthcare coverage of employees at work facilities with more than 300 employees. In other geographies, such as the United States, Peru and Brazil, health insurance is subsidized. Flexible pay (Spain): since 2010, employees may allocate a portion of their annual compensation to acquiring products and services at highly competitive prices. Included are day care vouchers, health insurance, training, computer systems and restaurant vouchers. Summer residence in La Antilla, Huelva, Spain, at affordable prices for employees. Pension plans adapted to the particular characteristics of each country of operation. Life, accident and medical insurance. G4-DMA, G4-EC3, G4-LA2 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 58
  • 59. Equal opportunities for all Abeinsa upholds a commitment to equal opportunities and condemns any form of discrimination for reasons of gender, race, color, religion, opinion, nationality, economic status or any other circumstances. Since 2008, the company has an Equality Framework Plan in place that is verified in accordance with the SA 8000 Standard. ›› Abeinsa hired 96 people with different capacities in 2014. ›› The company maintains a commitment on the 2020 horizon to increase the number of people hired locally. An example of this can be found in the transmission line worker schools created in Peru in 2012 and in Brazil in 2015. ›› PE&C, the Focus-Abengoa Foundation social development program, dedicates its efforts so that program beneficiaries, people at risk of social exclusion, may gain access to fair job opportunities through integration workshops. Abeinsa ha participado activamente en la Comisión de Igualdad organizada por Abengoa. In 2014, Abeinsa hired 7.5% more women than in 2013 2014 figures 2013 figures «Abeinsa has been an active participant in the Committee for Equality set up by Abengoa. Inclusive bakery workshop at the Encelamex Center (Mexico) Employee category Men Women Total Senior managers 341 33 374 Middle managers 1,274 354 1,628 Engineers and other degree holders 2,243 990 3,233 Assistants and technicians 1,130 783 1,913 Operators 9,015 421 9,436 Interns 272 164 436 Total 14,275 2,745 17,020 Employee category Men Women Total Senior managers 363 44 407 Middle managers 1,037 302 1,339 Engineers and other degree holders 2,363 953 3,316 Assistants and technicians 1,023 749 1,772 Operators 10,182 344 10,526 Interns 201 162 363 Total 15,169 2,554 17,723 G4-DMA, G4-HR3 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 59
  • 60. Training Once training needs have been determined, Abeinsa draws up an annual training plan for each and every company employee. Abeinsa’s training catalog reflects the diverse activities carried out by the company, ranging from boiler work courses to occupational risk prevention. Abeinsa conducts subsidized training funded by the EU and in conjunction with prestigious specialized outside collaborators. Training is divided into languages, occupational risk prevention, general and corporate. Contents are in turn delivered in attendance-based and online mode. The company has its own platform where every employee has a profile containing all assigned training for the year in progress. In addition to collaborating with prestigious training institutions in every country where the company enjoys a presence, Abengoa has developed specific training through Abengoa University and the University of Loyola. Main courses conducted through Abengoa University: Direct Executive Management (DEM) Training in Brazil for managing direct contracting for the construction of more than 6,000 km of transmission lines. Project Management Program (PMP) In 2014, the first implementation of the program took place in Brazil. The program is intended to provide a global overview of successful comprehensive management, while encouraging knowledge exchange among participants. Senior Manager Development Program (SMDP) Program delivered at the Loyola Leadership School, based out of Campus Palmas Altas, and in Washington and Chicago by company specialists and experts of international prestige in line with active learning methodologies. The program provides a global overview of Abengoa, its strategy and internal processes and seeks to enable participants to acquire the competencies needed to lead and direct teams and make efficient and effective decisions in keeping with Abengoa’s vision, values and culture. 1) Determining training needs 2) Training catalog 3) Annual training plan 4) Evaluation of training effectiveness 5) Performance management ›› Objectives ›› Competencies «Investment in training company personnel, a strategic cornerstone «At Abeinsa we strive to normalize professional profiles across geographies to ensure a quality standard ›› Satisfaction survey ›› Return on investment 195,840hours of language training G4-DMA, G4-LA8, G4-LA10, G4-LA11 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 60
  • 61. Evaluation of training effectiveness Assessment of the effectiveness of the Training Plan is a key element. Evaluation results have a subsequent effect on participants, contents and providers. This consists of quantifying the impact and return on learning methodologies and tools in order to develop more reliable training plans, programs and initiatives that are adapted to actual demands, characterized by constant changes, bigger and better capacities and competencies and models and tools for evaluating and growing intangible assets in the company’s markets. The evaluation procedure is based on a tier-based assessment model: gauging participant satisfaction; knowledge transfer analysis; study of the impact of the training initiative on employee performance; evaluation of the overall effectiveness of the training initiative for the business; calculation of ROI and strategic plan adjustment; analysis of the effectiveness of the actions carried out. «Training is part of an ongoing cycle of improvement aimed at employee and company growth. Interdepartmental, geographic and occupational mobility, etc. Performance management All Abeinsa employees are evaluated in 12 generic competencies that are directly linked to their training plans. Evaluation tools For whom is it attended? What does it involve? Evaluation scope Performance management All employees Based on a previously defined competency profile, by position and duty, every employee is evaluated annually by his or her direct superior. 5,684 people were evaluated using this system over the course of the year. The percentage of completed reviews was 99.5% 360º Feedback Personnel in the Senior Manager Development Program (SMDP). Participants include superiors, colleagues, collaborators and the individual being evaluated, and the review is carried out by having all participants complete questionnaires. In 2014, 655 people were reviewed using this method, with 4,547 people involved in the evaluation process, including superiors, colleagues and collaborators. Executive Intercomunication Program Executives and managers Program for ascertaining staff perception of their personal and career development. 822 executives participated in the program in 2014. G4-DMA, G4-LA10, G4-LA11 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 61
  • 62. Talent Attracting and retaining talent Abeinsa’s internship program is intended to help complete the training of future professionals through training internships. To this end, 76 agreements have been signed with different academic institutions so that new talent has the opportunity to enter the job market. This model of training integration enables interns to have access to a personal tutor who provides them with support for their personal and professional needs. Abeinsa is committed to young talent and accordingly ended the year with more than 400 trainees.   Página de Abengoa en Linkedin con más de 117.000 seguidores 436 trainesas of year-end 2014 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 62
  • 63. Occupational risk prevention, target 0 accidents Ensuring optimal working conditions in the area of occupational health and safety is a key priority. Abeinsa implements occupational risk prevention systems that are audited on a regular basis to meet legal requirements and gauge system effectiveness. These systems revolve around four underpinnings: ›› Principles of Abengoa’s Occupational Risk Prevention Policy. ›› Legal provisions applicable to the country where activities are conducted. ›› Contractual specifications of company customers. ›› Requirements of the OHSAS 18001 13 Standard, the international norm pertaining to occupational health and safety management systems. 91.63 %of Abeinsa’s companies are OHSAS 18001-certified G4-DMA, G4-LA5 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 63
  • 64. Health and safety committees The success of ORP campaigns and improvement measures requires commitment and collaboration from everyone. With this aim in mind, all group companies hold monthly health and safety committee meetings to monitor aspects that may entail risk for workers’ occupational safety, analyze accident rate ratios and implement the measures needed to meet objectives. These committees, composed of company heads and personnel in charge of ORP, represent 95 % of all company personnel. Noteworthy awareness campaigns include the following: ›› Brazil: Daily sessions with operators in Brazil before starting to work. ›› Peru: first implementation of the “Living Safe and Sound” safety campaign. ›› Safety campaign in Chile. ›› Ghana: training prior to project access, lectures, specific training in overhead work, monthly campaigns, etc; monthly awards for workers demonstrating the most proactivity and exemplary safety performance over the month. ›› South Africa: Safety day celebration in solar plants Khi and Kaxu. All company employees receive specific ORP training. Such training also extends to include subcontracted personnel. 318,409hours of training in ORP No. of ORP training hours 2014 Abeinsa personnel 82,952 No. of hours of instruction provided by Abeinsa 235,457 Total no. of ORP training hours 318,409 Safety Day event held at the Khi solar complex. G4-DMA, G4-LA5, G4-LA7 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 64
  • 65. Project Fingerprint Making sure that employees meet all requirements before accessing construction sites In 2013, Abeinsa launched Project Fingerprint, an initiative which aids in managing all of the information pertaining to the health and safety of providers and employees involved in construction work and includes personal identification using fingerprints. The aim of the project is to ensure that all personnel accessing worksites meet the legal, safety, security and training requirements set down by the company. Project implementation was carried out in more than 20 countries this year, including registration of over 20,000 people between company employees and subcontractors. Last year’s figure was 14,000. Zero accidents. Abeinsa implements the dissemination of business unit incidents Geared towards all business unit ORP personnel, this new initiative consists of the following: ›› Gaining detailed information on relevant incidents; ›› Demonstrating the benefits of in-depth study of accidents and extracting the right information; ›› Understanding the different prevention and protection measures that might have helped prevent the accident or palliate its effects, based on suitable risk assessment and a consistent Safety Basis; ›› Reviewing facts, causes of occurrence, resulting consequences and, above all, through these lessons learned, achieving: ›› Our Target: 0 accidents. Regrettably, two accidents resulting in fatalities occurred in 2014 among the company’s own personnel. «Everyone working on Abeinsa projects has the knowledge and skills needed to perform their tasks safely and securely An employee getting fingerprint taken at the Canal del Viar project in Seville (Spain) 2014 Absenteeism 2.09 % Work-related accidents: Frequency rate 13.70 Work-related accidents: Severity rate 0.28 G4-DMA, G4-LA6A, G4-LA6B ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 65
  • 66. Social engagement and employee benefits Children of company employees “take flight” Thanks to the Focus-Abengoa Foundation’s Vuela (“Fly!”) internship program, the children of Abeinsa employees have the chance to learn about the company where their parents work, while at the same time gaining their first working experience and immersing themselves in a country and culture different from their own. Academic awards and assistance The Focus-Abengoa Foundation organizes a variety of annual awards for employees and their family members, including grants for studying foreign languages abroad, higher education, degree completion prizes, professional enhancement, among others. Asha also collaborates with PE&C at the Mandali Mission by conducting yoga workshops aimed at alleviating teens’ menstrual cramps. 9 childrenof company employees enjoyed grants in 2014 Asha Roshani, winner of the Focus-Abengoa award for professional enhancement, has implemented corporate human resource applications at the structure manufacturing facility in India. G4-DMA, G4-EC1, G4-SO1 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 66
  • 67. And employees get involved As a product of the Solidarity Vacation program, Abeinsa employees have the opportunity to experience projects carried out by PE&C, the Focus- Abengoa Foundation social program. Over the course of two weeks, participants interact with PE&C beneficiaries at risk of social exclusion: disabled persons, children, teens and families whose basic needs go unfulfilled, senior citizens, indigenous people, women who have suffered from gender-based violence and migrant workers. Celebration of Children’s Day At the Abeinsa offices in Chesterfield, the holiday was celebrated as a family event, including a visit to the St. Louis Zoo, followed by a barbecue and an afternoon of family fellowship. In turn, Hugoton project employees gathered with their families to enjoy a picnic and games for the children. Sustainable mobility office and carpooling Since 2009, Abengoa has a Sustainable Mobility Office in place at the corporate headquarters located in Campus Palmas Altas (Seville). The office promotes measures for encouraging the use of sustainable transportation, including free shuttle buses available to all employees, a bicycle repair shop and a pedestrian footbridge from the city to CPA. Abeinsa has also implemented its carpooling application in nine countries in South America for employees to ride together in Mexico, Chile and Uruguay. Ride-share services are also available in Seville and Madrid. Prize-winning drawing in the third edition of the drawing contest for employees’ children in Brazil. Maria Julia Lessa da Silva. G4-DMA, G4-EC1, G4-SO1 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and its employees pag. 67
  • 68. Abeinsa and the environment The Orange River, running near the Khi solar complex in South Africa 04 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and the environment pag. 68
  • 69. Environmental protection and stewardship Abeinsa promotes environmentally responsible conduct as a way of halting the climate crisis that helps lay the true foundations of future development for everyone. Abeinsa not only offers products and services geared towards sustainability, but also seeks to ensure that these products and services are rendered in the most sustainable and responsible manner possible. In 2011, Abengoa developed a methodology for analyzing risks associated with climate change that enables the organization to evaluate their impact on the company’s businesses. Thus, Abeinsa carries out ongoing analysis of climate change-related risks and opportunities in order to improve risk management and to reorient the company’s business. To this end, Abeinsa adopts the measures needed to adapt company activity accordingly. Abeinsa employs a variety of instruments to ensure sustainability, reduce the company’s environmental footprint and manage the impacts of its operations on the surrounding environment. One of the values that set Abeinsa apart lies in the greenhouse gas (GHG) emissions monitoring and measurement conducted through the Integrated Sustainability Management System, Abengoa’s own management system that was developed in 2008. The system has the capability to measure the emissions associated with company products and services. The results obtained from the GHG inventory, which are verified annually by external auditors, enable the company to set annual reduction targets and label products and services with their carbon footprint. The GHG Inventory is a complete inventory across emission scopes, including emissions linked to products and services supplied by company providers, work-related travel, employee commutes, losses occurring in electrical power transmission, and emissions generated by fuels used to generate electrical power. The Integrated Sustainability Management System also includes an Environmental Management System (EMS) which, through the definition of 14 factors (water, atmosphere, biodiversity, energy, general, materials, odors, products and services, waste, noise, soil and aquifers, transportation, effluents and discharges, and grievances) provides information on the impact on the environment entailed by company operations. This also enables Abeinsa to obtain a global footprint and establish reduction targets and improvement areas. Information is gathered on all environmental aspects for report preparation, data analysis, internal and external audits, etc. In addition to common centralized criteria throughout Abeinsa and Abengoa, having this common tool at its disposal helps Abeinsa to conduct more exhaustive and detailed information analysis, which adds essential value to the entire company. *In computing Abeinsa’s environmental indicators, work facilities, their associated activities and all projects over which Abeinsa has management control were taken into account. All indicators were calculated using specific protocols for measurement and computation that are available through the Integrated Sustainability Management System (ISMS) application which includes both the GHG inventory and the EMS. «The emissions included in Abeinsa’s greenhouse gas inventory range from supplier emissions to those linked to employee work commutes «92 % of Abeinsa’s companies have certified quality and environment systems ABENGOA ABEINSA Annual Report 2014 | Abeinsa and the environment pag. 69
  • 70. We measure, monitor and reduce GHG emissions to combat climate change The emissions inventory and associated system are verified in accordance with the ISO 14064 Standard and by Aenor. Emissions (tCO2eq). Scope 2 Electrical power consumption 10,549 Thermal power consumption 9 Total 10,558 Emissions (tCO2eq). Scope 1 Mobile combustion 35,798 Stationary combustion 564,814 Fugitive 1,188 Process 1,001 Total 602,801 Emissions (tCO2eq). Scope 3 Products and services purchased 879,174 Work-related travel 17,351 Work commutes 12,659 Losses occurring in electrical power distribution 1,491 Value chain of fuels consumed in energy purchased 1,733 Total 912, 408 Accumulated experience and the degree of maturity of the GHG Inventory management system, in conjunction with the efforts of its companies, enabled Abeinsa to lower emissions in 2014. Abeinsa selected consolidated net sales of its companies as the activity parameter common to all operations. A positive trend can be seen in the tCO2 eq/€k figure, with an abatement of some 625,518 t of CO2 , equivalent to the emissions of a population of approximately 85,793 inhabitants*. * Spain’s inventory for the year 2012, 340,809 kt for a population of 46,757,000 inhabitants. 2013 2014 0,473 0,336 Emissions in tCO2eq €k in sales tCO2eq/€k Abeinsa emissions in relation to company sales 625,518 tof CO2 prevented «We lowered our emissions in 2014 thanks to the efforts of Abeinsa companies and employees G4-EN15, G4-EN16, G4-EN17, G4-EN18, G4-EN19 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and the environment pag. 70
  • 71. Hassi R´Mel (Algeria) Abeinsa is aware of the importance of reducing impacts along its value chain. The company therefore directs efforts year after year to gauging its carbon footprint, with particular emphasis on the emissions associated with the purchases the companies makes from its suppliers, which account for 58 % of the total inventory. Suppliers constitute precisely one of the focuses of Abeinsa’s main efforts, with the company working to engage them in the struggle against climate change. To this end, suppliers are asked to provide inventories of their own activities and services. The variety of training and information campaigns conducted were well received by suppliers and have contributed to making Abeinsa’s emissions inventory much more comprehensive. Abeinsa also promotes drawing up annual plans for directed actions, specific measures aimed at lowering emissions in all of its companies, including modification of combustion systems, installation of more efficient equipment and modified employee travel routines. Seventy-two (72) directed actions were carried out in 2014, up by 15% over the previous year. These initiatives resulted in a reduction of 4,548.73 t CO2 eq, equivalent to the emissions produced by 12,800 vehicles going from Madrid to Paris by highway*. *Emission factor of 0.28 kgCO2/km (diesel-powered vehicle with a cylinder capacity of under 2 l). CO2 reduction-directed actions In the construction of the desalination plant in Ghana, which has the capacity to treat 60,000 m3 of water each day to provide drinking water to the outskirts of the metropolitan area of Accra, Theshie, Nungua and Tema, a modification was made to the original design of the steel structure in all facility buildings. Rendering the same functionality, the initiative led to a reduction in the amount of material employed of 65%, equivalent to a CO2 abatement of 1,236.62 t. In Hassi R’Mel (Algeria), the 150 MW solar combined-cycle hybrid station operated by Abeinsa has prevented emission into the atmosphere of 1,534.7 t of CO2 equivalent by exploiting the solar field more efficiently to generate power thanks to the implementation of various improvements: trough realignment, readjustments in sun tracker programming, mirror cleaning enhancements and a modification in weather station location. G4-EN15, G4-EN16, G4-EN17, G4-EN18, G4-EN19 «Abeinsa engages its supply chain in emissions reduction 1,236.62 tof CO2 prevented from being emitted in construction of the desalination plant in Ghana 1.534,7 tof CO2 prevented in operation of the Hassi R´Mel plant (Algeria) ABENGOA ABEINSA Annual Report 2014 | Abeinsa and the environment pag. 71
  • 72. CO2 and Global Footprint Labeling: measuring to improve Abeinsa wishes to make its customers participants in the company’s commitment to reducing emissions and contributing to the struggle against climate change by providing them with information on the environmental impact of the company’s activity. Since 2011, Abeinsa carries out CO2 labeling of emissions measurement on a range of products and services. In 2014, fourteen products and services were labeled. Additionally, product labeling improvements were implemented last year, adding new labels such as the CO2 calculation by engineering man hour. Work also was conducted on gauging the footprint of six new projects. Products and services labeled in 2014 Dimensions Ton of steel structure (t) Electricity (MWh) Steam transferred (MWh) Desalinated water (t) Engineering man hours 14products and services labeled ABENGOA ABEINSA Annual Report 2014 | Abeinsa and the environment pag. 72
  • 73. Products and services labeled in 2014 Projects 132 kV “Las Lomitas” transformer station (Argentina) “Baja California South IV” electrical power generating station (Mexico) 8.93-km-long 230 kV Huejutla-Tempoal transmission line (Mexico) 108-km-long 230 kV Itacaiúnas-Carajás transmission line (Brazil) 77.3-km-long 220 kV transmission line and the Encuentro and Sierra Gorda substations (Chile) 67-km-long 220 kV transmission line and connection to the Tintaya-Constancia substation (Peru) As part of the evolving labeling process, Abengoa has developed a global footprint standard with which to identify the main impacts of all company activities, quantify them in order to improvement impact management, enabling comparability in efficiency, and establish improvement commitments for company business performance. This standard is based on the analysis of a set of indicators with the capability of evaluating the impact of a project on the environmental, social and economic environment, and which also help anticipate the future impact of projects with similar characteristics and accordingly set improvement targets. The standard, moreover, underscores the company’s commitment to the social and environmental surroundings in which it operates and provides assurance to those who rely on the company’s solutions. In 2014, Abengoa completed the development of an internal norm pertaining to the procedures and tools needed to calculate the global footprint associated with all company products and services in accordance with international standards (ISO 14001, ISO 14067, ISO 50001, ISO 26000, SA8000, GRI G4 or OHSAS 18001), establishing reference values for attaining sustainable performance. ABENGOA ABEINSA Annual Report 2014 | Abeinsa and the environment pag. 73
  • 74. Main impacts of company activity measured by the global footprint In the environmental dimension: ›› Raw materials used and consumption of recycled materials. ›› Water withdrawal, reuse and efficiency. ›› Fuel consumption and consumption of electrical and thermal power. ›› Waste generated and valorization. ›› GHG emissions by scope. In the social and economic dimension: ›› Purchases made from local suppliers. ›› Number of local employees over the total number of employees hired. ›› Negative impact on local communities. ›› Investment in outside community engagement. ›› Accident rate and frequency. Energy Health and safety Water Local employees Local suppliers Local community impact Material Waste GHG Social engagement «Abengoa has developed the global footprint standard with the aim of identifying the main impacts of all company activities ABENGOA ABEINSA Annual Report 2014 | Abeinsa and the environment pag. 74
  • 75. We build renewable power plants and strive to lower our energy consumption Abeinsa develops plants for generating renewable energy, including solar thermal, photovoltaic and wind power facilities. In 2014, the company rolled out the following plants: Peralta, Mount Signal Solar, Mojave, Hugoton, Kaxu. Lowering emissions, lowering consumption LED light bulbs were installed at the Abeinsa warehouses located in Seville and Granada, thereby reducing power consumption by 21,416 kwh, which is enough energy to run another similar warehouse. And energy-saving light bulbs were installed at the Abeinsa headquarters in Argentina. This initiative helped achieve a reduction in energy use of around 7,445 kwh. Improving our manufacturing Abeinsa allocated a total of € 13,577,374 in 2014 to environmental expenditure and investment, which amounts to an investment over the past four years of over € 50 M. In the last year, the budget was earmarked mainly for personnel training and execution of environmental activities, representing 23.4 % of the total, as well as expenditure associated with activities aimed at emissions reduction, making up We invest in sustainability At the steel structure manufacturing plant in Utrera (Seville, Spain), an investment of € 546,250 was made to use natural gas, a much more efficient source than fuel oil. The plant’s emissions from stationary combustion dropped by 27.7 %. Canal del Viar (Seville, Spain) «Abeinsa allocated a total of € 13,577,374 to environmental expenditure and investment in 2014 G4-DMA, G4-EN6, G4-EN30, G4-EN31 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and the environment pag. 75
  • 76. We protect biodiversity With the aim of preserving biodiversity and protected natural areas, Abeinsa companies determine which spaces and species may be affected by company operations in order to implement protection and restoration measures and thereby minimize the impact of company activity. At the Khi solar plant in Northern Cape (South Africa), three areas adjacent to the solar field on the 600 ha taken up by the facility were set up for the relocation of protected species. Here, all of the plant soil extracted during the clearing and earth movement phase was deposited. A protected area with prohibited access was also marked off. These three areas were restored and in 2015 protected species are going to be replanted, an initiative for which a specialized outside consultant has been contracted. Near the Stalowa Wola project located 200 km southeast of Warsaw (Poland) is the San River, where last year Abeinsa carried out tasks involving riverbed protection, stabilization and recovery and cleanup of the right bank, with an area of more than 4,000 m2, to protect plant and animal species. The company allocated € 696,975 to this initiative. Reforestation in the jungle near the project being executed in Ratnapura (Sri Lanka) G4-DMA, G4-EN11, G4-EN12, G4-EN13, G4-EN14 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and the environment pag. 76
  • 77. We make the best possible use of our waste Abeinsa performs exhaustive control of the waste generated by company operations. The company seeks to choose disposal methods to ensure the valorization of waste generated, in addition to implementing waste reduction measures. In 2014, Abeinsa produced a total of 71,413 t of non-hazardous waste, of which 31.17 % was allocated to valorization (composting, recycling, recovery and reuse), a percentage of particular significance for certain types of waste associated with construction, Abeinsa’s main activity. This mainly involves concrete and land waste, 29 % of which was sent on for valorization. The next prominent type of waste is wood-derived and 24% undergoes valorization. Metal waste, associated fundamentally with structure manufacturing plant activities, is another of the main types of waste generated, where 72% of the total amount of waste generated was sent on to be valorized to promote optimal exploitation of natural resources. Types of waste generated by Abeinsa 71,413 tof non-hazardous waste generated Wood 8% 8% Metal waste 24% 8% Construction and demolition waste 8% Others 17% 8% Land 43% 8% Only 3 % of the waste generated by Abeinsa operations is hazardous. Such waste is managed in accordance with laws and regulations in force in each territory and is sent on to be treated and disposed of in the most appropriate manner. Initiatives such as the global footprint project will enable Abeinsa to set targets and goals for reducing the amount of waste generated, and in working to determine the best possible disposal method for each type of waste. In Argentina, a service has been contracted for cutting up plant matter for power transmission and distribution projects requiring vegetation clearing and land preparation tasks. Plant materials are mixed with soil and employed in land recovery efforts. Through these types of measures, Abeinsa is committed to the valorization of plant residues. 31.17%of waste sent on to valorization G4-DMA, G4-EN23 «Abeinsa works to reduce waste and recover energy from most of the waste generated ABENGOA ABEINSA Annual Report 2014 | Abeinsa and the environment pag. 77
  • 78. We exercise responsibility in the use of raw materials The company’s primary raw material inputs are construction-related, and include binding materials, aggregates and natural rocks, and ferrous metal materials such as steel. As part of the company’s commitment to sustainability, 59.2 %, or 19,401 t, of all ferrous materials used in the three Abeinsa steel structure production plants located in Spain, Mexico and India come from recycled materials. At the Accra desalination plant in Ghana, the steel structure was modified with respect to the initial design for all desalination facility buildings. While achieving the same functionality, this measure also yielded a 65% reduction in the use of material, amounting to a decrease of 335,349.17 kg of steel. Aggregates and natural rocks 41% Binding materials used in construction (concrete, cement, plaster…) 45% 8% Ferrous metal materials 10% 8% Desalination plant in Accra (Ghana) Others 4% G4-DMA, G4-EN1, G4-EN2 ABENGOA ABEINSA Annual Report 2014 | Abeinsa and the environment pag. 78
  • 79. Components of the main international sustainability indexes Thanks to the efforts of all Abeinsa personnel dedicated to compiling data and performing tasks aimed at improving sustainability, Abengoa enjoys a presence in key international sustainability indexes. These indexes are a reflection of Abeinsa and Abengoa affinity with socially responsible investors, also referred to as ESG (Environmental, Social and Governance) investors, and constitute an assurance of long-term growth for the company. (1) In its first-ever participation in the Corporate Sustainability Assessment for inclusion of the company in the Sustainability Yearbook, Abengoa obtained a score of 77 points. Incluida (Nasdaq OMX Green economy index) Prime 99/100 A Excellence (ESI Excellence Europe) Incluida (FTSE4Good Ibex) 77 (1) Canal del Viar (Seville, Spain) G4-DMA ABENGOA ABEINSA Annual Report 2014 | Abeinsa and the environment pag. 79
  • 81. Appendix A Report verification review G4-32 ABENGOA ABEINSA Annual Report 2014 | Appendices pag. 81