Good governance practices that create value for society

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Governance

Aware of the importance that transparency and rendering accounts has for business reputation and prosperity, Grupo CCR has been adopting good governance practices that ensure the creation of value for all of society ever since its founding in 1998.

The company adopts principles of transparency and equity, being considered a reference in the market. Among the management committees that are part of Grupo CCR’s Board of Directors, the Strategy and Sustainability Committee has the responsibility of ensuring the inclusion of socioenvironmental aspects in the company’s risk management and growth strategy.

The application of sustainability strategies is ensured through the work of the sustainability committees at the executive and operational levels:

 

The main objectives and activities of the Strategy and Sustainability Committee are:

  • Provide subsidies to the BoD, consubstantiated in opinion, to define GRUPO CCR’s Strategic Objective, as well as establish guidelines and principles regarding the sustainable development of CCR and its subsidiaries, working with CCR’s CEO.

  • Analyze and issue an opinion about the General Objectives and Guidelines suggested by CCR’s CEO:

  • Analyze and issue opinion about GRUPO CCR’s General Business Plan, to be approved by the BoD:

  • Monitor and anticipate trends pertaining to global sustainability themes, identifying key issues that pose risks or that can have a relevant impact on businesses, relations with stakeholders, CCR’s image and on short, medium and long-term results;

  • Formulate recommendations for the BoD regarding policies and strategies that govern the management of the main environmental and social risks, supporting the Audit Committee in effectively supervising and mitigating these risks;

  • Monitor the implementation of policies, strategies and actions that relate to the business sustainability of CCR and its subsidiaries;

  • Periodically assess the performance of CCR and its subsidiaries regarding sustainability issues, seeking to position GRUPO CCR and CCR itself as a benchmark in market indicators and indices, environmental actions, social actions and relations with stakeholders, protecting CCR’s image and value;

  • Establish GRUPO CCR’s Climate Change Guidelines, adapting it to a low carbon economy, committed to the global effort of stabilizing greenhouse gas concentration in the atmosphere and acknowledging the importance of practices that align with environmental balance, within its area of influence.

  • Evaluate products, technologies and processes considered cutting edge in terms of sustainability, proposing actions that comply or reduce CCR’s direct or indirect exposure to risk through its subsidiaries, whenever the case;

  • Advise and recommend to the BoD the main actions targeted at the social and economic development of local communities, contributing to their full development;

  • Periodically monitor the main actions developed by companies in the sector and in related sectors, with the objective of recognizing and monitoring best market practices, seeking to parameterize the actions being developed, proposed by and for CCR.

Materiality

Relevance process: a new study ensured the identification and definition of the main issues, allowing a specific approach for each transportation mode operated by the Grupo CCR. In 2016, the Grupo CCR maintained the cycle of consultations and commitment actions with its main audience of internal interests (employees and senior management) and external interests (suppliers, municipalities, users, regulatory bodies, concession grantor, institutional partners, press and community). The purpose was to review the relevance, by combining the Grupo CCR’s internal view with the affected stakeholders’ interests, with respect to the issues that should be treated as a priority in the management. The new relevance study permitted the identification and the definition of the main issues by adopting a specific approach for each transportation mode operated by Grupo CCR, with powers to influence the communication with the stakeholders and improve the management of each issue in each transportation mode.
 

The process of relevance was undertaken by outside consultants, comprising:

  • analysis of sectorial studies, taking into consideration the Sustainability Topics for Sector (GRI), o RobeccoSAM 2016 (DJSI), the WBCSD Sustainable Mobility Project 2.0 and the SASB Sustainable Accounting Standards (Transportation Sector);
  • analysis of internal documents, taking into consideration the General Business Plan, the Reference Form and the main Corporate Policies for Social Responsibility, Environment and Climate Changes;
  • meetings with the group of managers of three transportation modes and service areas to determine the impacts and issues, and stakeholder mapping;
  • four on-line consultations, including the CCR Group and the Business Units – highways, urban mobility (subway and boats) and airports; and
  • interviews with the Group’s executive officers, including the CEO.
  • Interviews with experts

The corporate issues (Grupo CCR) and transportation modes (highways, urban mobility and airports) were identified based on the understanding of the sectors where the Grupo CCR operates, its own internal strategy, taking into consideration the main global concerns, in terms of relevance, and the Sustainable Development Purposes (ODS).
The priority of the issues were defined according to the stakeholders’ opinion, the CCR Group’s internal strategy and the macro impacts of the Grupo CCR´s activities relating to the ODS.
 
Material matters:
Business strategy and economic performance

Governance and ethical conduct

Relationship with stakeholders and development in the operational regions

Human capital qualification

Service quality

Safe operation

Operational eco-efficiency


Links for PDF download:

•  Codes of Ethics

•  Environmental Policy

•  Climate Change Policy

•  Corporate Social Responsibility Policy

•  Clean Company Policy

•  Occupational Health and Safety Policy