BUSINESS ETHICS AND COMPLIANCE.
CAF is committed to promoting ethical conduct that improves the relationships between the Group and the involved agents.
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G - GOVERNANCE MATTERS
GOOD CORPORATE GOVERNANCE
Application of the best and most widely acknowledged Good Corporate Governance, Risk Management, Regulation Compliance and Sustainability practices as a general rule, particularly those practices set out in the CAF Group's Code of Conduct, as well as those set out in the CNMV's Good Governance Code, in the Guidelines laid down by the Organisation for Economic Co-operation and Development (OCDE) and in the United Nations Global Compact, amongst others.
CAF is committed to meeting customer’s requirements and expectations, offering comprehensive high quality, safety, reliability and availability transport systems which comply with the latest sustainable transport social requirements.
Quality Management System Certificate ISO 9001:2015
Railway Quality Management Certificate ISO TS 22163Silver recognition under the IRIS International Quality Standard (ISO TS 22163) in relation to Rolling Stock and Rail Services business.
FISCAL RESPONSIBILITY AND TRANSPARENCY
Ensuring compliance with the taxation regulations in place in each territory of operations, avoiding tax risks and improving the cooperative relationship with the tax authorities, building trust and generating value on domestic and international markets.
RISK AND OPPORTUNITY MANAGEMENT
CAF follows a similar risk management model for the entire company and for any types of risks.
INNOVATION AND TECHNOLOGY
CAF prioritises continuous innovationof its range of products and services to cater to the growth of worldwide transport, fossil fuel scarcity and climate change, all of which have a direct effect on transport sector sustainability. This priority is achieved by building new knowledge and developing new technology and products that are designed to provide state of the art transport solutions.
INFORMATION SECURITY
Typically, in terms of providing additional passenger services, remote operation and the use of more commonly used communications systems, railway products require additional cybersecurity measures across the board.
Increasing the % or personnel with anti-bribery training (%)
Objective 0 Administrative sanctions resulting from market and competition actions.
Increase the % of business partners assessed according to the Due Diligence Manual for third party procurement.
Increasing scope % certificate ISO TS 22613 (%)
> Corporate Governance
> Corporate Policies
> Diversity and Director Selection Policy
> Directors’ Remuneration Policy
> General policy on communicating economic-financial, non-financial, corporate and contact information with shareholders, institutional investors and voting advisers
> Quality Excellence Policy
The CAF Group is committed to drawing up and submitting the Country by Country Report both on time and in the appropriate manner.(Country by Country Report).
The risk management model operated by CAF is in line with the international standards ISO 31000 and COSO ERM (Committee of Sponsoring Organizations of the Treadway Commission – Enterprise Risk Management)
Information Security Management System (SGSI) certified under ISO 27001.