Focus-Abengoa Foundation 2013 Annual Report

Focus-Abengoa Foundation2013 Annual report

Stewards of the past to build the future

2 Focus-Abengoa Foundation | 2013 annual report |

About this report

Welcome to the 2013 Annual Report of the Focus-Abengoa Foundation, where we report on our economic and social performance in 2013

Just like every financial year, the Focus-Abengoa Foundation is publishing this annual report to take stock of its sociocultural activities in 2013 in pursuit of its goal of generating value for society.

Throughout 2013, Focus-Abengoa has kept up its sociocultural commitment to the city of Seville and all the communities where Abengoa does business. Its main objectives are to protect and disseminate culture, primarily in its different artistic expressions, and to develop cooperation and social training activities, with particular attention to the most socially disadvantaged groups.

Among the new developments in 2013, and in line with its avant-garde spirit, Focus-Abengoa is presenting this 2013 annual report following the latest G4 version of the Global Reporting Initiative (GRI), the worldwide standard of reference on sustainability reports. For the first time, this annual report contains a materiality analysis on the most important issues for the Foundation and is thus anticipating the trends in informational transparency in its sector.

We welcome your opinion on our new form of reporting. Please feel free to contact us at our online mailbox: [email protected]

For further information: http://www.focus.abengoa.es

Table of contents

Inspiration 3Letter from the Presidents 4Interview with the General Manager 5Profile of the Foundation 7Present and Future of Focus-Abengoa 11Our presence 12What matters to us 13

Transparency 15Corporate governance 16Ethics and integrity 19Dialogue with stakeholders 20Informational transparency 21

Action 22Social Development 23Research 28Artistic heritage 33Education 39Abengoa employees 42

How we do it 45Our team 46Economic performance 50About this report 51

Appendixes 57Appendix I – GRI standard index 57Appendix II - Annual accounts and Auditors’ Report 63Appendix III - Certificate of emissions 64

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Focus-Abengoa Foundation | 2013 annual report

Inspiration

Rigour, excellence, transcendence and enthusiasm

4 Focus-Abengoa Foundation | 2013 annual report | Letter from the Presidents

In 2013, the Foundation reached the United States through Abengoa

Felipe Benjumea Llorente and José B. TerceiroPresidents of the Focus-Abengoa Foundation

Letter from the PresidentsThe Focus-Abengoa Foundation presents a new edition of its Annual Report, where it takes stock of financial year 2013. This time we are following the guidelines of the most recent version (G4) of the Global Reporting Initiative in order to get our stakeholders to participate in our activities with transparency and anticipation.

This report is a reflection of Abengoa’s commitment to the sociocultural development of the communities where it operates. During this past year, the Foundation’s internationalisation took a huge leap forward: For the first time, it reached the United States through the exhibition “Noor. Light in Art and Science in the Islamic World”, which will be displayed at the Dallas Art Museum in 2014.

The show is yet another manifestation of Focus-Abengoa’s focus on researching and disseminating our humanistic-technological knowledge. The 2013 School of Energy, which was devoted to global governance of climate change, ushered in a new stage with the Forum on Energy Transition and Climate Change, directed by Professor Josep Borrell. The purpose of this activity is to observe, analyse and debate the process of

energy transition within the context of the struggle against climate change. The Forum aims to reach a level of quality and international dissemination that the Foundation has already attained in its cultural heritage activities.

We are continuing our cultural promotion efforts through our artistic heritage. The permanent collection of the Centro de Investigación Diego Velázquez, the Alfonso E. Pérez Sánchez Library and the Legacy, all housed in the Hospital de los Venerables, are a cultural treasure that the Foundation wishes to make available to everyone. For this reason, we are making an enormous investment in order to properly showcase this heritage and make it available online so we can promote the Baroque globally.

With regard to our social actions, we are still working to improve the wellbeing of the most vulnerable collectives in five Ibero-American countries along with India and Spain through our People, Education and Communities Programme (PEyC). In 2013, it was implemented in Seville for the first time with the assistance of the Hermanas de la Cruz congregation.

5 Focus-Abengoa Foundation | 2013 annual report | Interview with the General Manager

Anabel Morillo, General Manager of Focus-Abengoa, takes stock of the Foundation’s essence and its most important contributions. 1. In your opinion, what is Focus-Abengoa and what does it represent?Our Foundation is a cultural institution created by Abengoa in 1982 to channel its social action. It was started by Javier Benjumea Puigcerver, the founder of both Abengoa and its foundation. Abengoa is a socially conscious company that is committed to society and has a universal vision of its city. The Foundation’s soul can be found in Seville.

2. What would you highlight in the Foundation’s history to date?Since the beginning with its first publishing activities, Focus-Abengoa has managed to bring to fruition a large number of important milestones and it has risen to countless challenges which have helped it

“The Foundation has its roots in Seville, but its vision is universal”

Anabel Morillo LeónGeneral Manager

of the Focus-Abengoa Foundation

to grow sustainably. And this is thanks to the drive, effort and toil of many people, a great human team that has imprinted Abengoa’s history with their own personality in the promotion and patronage of the arts, situating the Foundation where it is today.

Our focus on excellence has always enabled us to choose the best professionals for each activity, plus we have woven ties of friendship and partnership with institutions, beneficiaries and people who have brought us vast human and intangible wealth over time.

3. Describe the Foundation’s relationship with its parent company, Abengoa.The Focus-Abengoa Foundation serves Abengoa. The company’s commitment and involvement are not just a passing trend. The support that Abengoa provides is palpable; it is our patron, even though we independently manage our initiatives in order to safeguard our founding goals. The top professionals

Interview with the General Manager

6 Focus-Abengoa Foundation | 2013 annual report | Interview with the General Manager

support us in our daily efforts by contributing their values and skills.

Correspondingly, the Foundation benefits from Abengoa’s international expansion and its innovation and anticipation policy, which enables us to open the Foundation up to the world.

4. It is time to take stock of the financial year. How has 2013 been for the Focus-Abengoa Foundation?This year has been very positive. It has enabled us to continue contributing to the cultural and social enrichment of the countries where Abengoa operates through our different areas of action.

We have made headway in each of these areas: in our social work efforts with the implementation of the PEyC programme in Seville; in our heritage activities with the Alfonso E. Pérez Sánchez Library and Legacy; and in the spheres of technology and research with the launch of the Forum on Energy Transition and Climate Change.

And yet we have also managed to combine this with our traditional activities, such as education, publishing and musical activities on the organ of Los Venerables. I would particularly like to highlight the Noor exhibition, which is the first large international exhibition we have held on to Islamic art.

This is the first time that one of the Foundation’s cultural initiatives has been taken to the United States, a country where Abengoa has a strong presence as a world leader in renewable energies.

5. Could you explain how the Foundation is dealing with these times of socioeconomic hardship?Just like the company, the Foundation works with budgets and short- and medium-term plans in an attempt to get the greatest return from each of the activities we do, and we do away with any actions that are not aligned with our objectives. We also trim the budgets of each initiative and replace economic resources with imagination and creativity.

6. What would you like the Foundation’s future to be like?In the future, the Foundation should keep working without losing its values, without losing its original spirit and retaining a team of professionals who are aligned with the culture of the Foundation and evolve over time, building trust and quality in each of the activities, where details count as much as the big picture.

7. Finally, what about the Foundation makes you the proudest?The rehabilitation of the Hospital de los Venerables for our headquarters and the construction of the organ, the permanent collection of the Centro Velázquez, the Alfonso E. Pérez Sánchez Legacy and the creation of the Focus-Abengoa Campus, where the archaeological heritage converges with the new technologies.

We have worked to build permanent realities for the future generations.

“We want each of our activities to be unique and to bear our hallmark”

7 Focus-Abengoa Foundation | 2013 annual report | Profile of the Foundation

Profile of the FoundationThe Focus-Abengoa Foundation was founded through the will and drive of a man who was before his time and always committed to society, Javier Benjumea Puigcerver, the founder of Abengoa and major driving force behind the Foundation.

We at Focus-Abengoa are always mindful of Javier’s dream of generating value for society, and we share this spirit of social commitment which knows no bounds as it radiates out from the city of Seville.

Focus-Abengoa was founded in October 1982 driven by the desire of Abengoa, S.A. It is a non-profit, private cultural foundation that is charitable in nature and has an unlimited duration in time. Our headquarters is located in the Hospital de los Venerables, in Seville (Spain). There were no major changes to the Foundation’s property or structure in 2013.

Focus-Abengoa works with the Saint Elizabeth of Hungary Royal Fine Arts Academy, the Royal Academy of Quality Liberal Arts of Seville and the Royal Academy of Medicine and Surgery of Seville. It has also worked with the United Nations’ Global Compact since 2002, the Prince of Asturias Foundation, COTEC, the Prince of Girona Foundation, the Valencian Foundation of Higher Education, the Foundation for Drug Addiction Assistance, Project Man Association, the University of Seville and Loyola University Andalusia, among others.

During financial year 2013, the Foundation has conducted a total of 58 activities as part of its sociocultural efforts.

Javier Benjumea PuigcerverMarquis of Puebla de Cazalla, founder of

Abengoa and the Foundation

The keys to our essenceOur visionIncreasingly international outreach

Our missionWe create social and cultural value with the city of Seville and the rest of the world

Our valuesSocial responsibility, commitment and excellence


Our historyThe Foundation’s activities began in 1972, with the publication of the book Sevillian Topics, which was joined by a collection of documents, books and engravings on the Kingdom of Seville by Sevillian authors.

The cultural activities encouraged the company’s executives to take yet another step beyond its technological role. Thus, in 1982 the Fundación Fondo de Cultura de Sevilla (Focus) was created. Since 1991, the Foundation has been headquartered at the Hospital de los Venerables Sacerdotes, a historical-artistic monument dating from the 17th century. Focus-Abengoa thus gave back to the city and its citizens, along with future generations, this unique building after a long and costly restoration not only of its architecture, but also of its painting, sculpture, gold work and engravings.

Our history of success will continue as we head steadfastly into the future

1972 1982 1991

With the opening of the Hospital de Los Venerables in 1991, the Foundation also unveiled its Baroque organ, after it was under construction for three years by the German organ-builder Gerard Grenzing. The Foundation’s current tenured organist is Father Ayarra, the head of the Foundation’s musical activity and also the tenured organist of the cathedral of Seville. Father Ayarra handpicks the most prestigious organists from all over the world to play this organ.

In 2002 the Foundation began its work in the field of energy and climate change, which is the core of Abengoa’s business. It launched the Forum for Reflection on the Environment and Sustainable Development, and held the first World Biofuels Conference.


The Hospital de los Venerables was shaping up to be one of the most complete and best-conserved testimonies of Spain’s Baroque heritage. The acquisition of the painting Saint Rufina (Velázquez, 1629-1632) in 2007 is the clearest example of Focus-Abengoa’s commitment to art and culture and was a milestone for the city of Seville in particular and for art history in general.

In 2011 the Focus-Abengoa Foundation received the legacy which included the library, photograph library, personal archive and collection of art works of Alfonso Emilio Pérez Sánchez thanks to a donation from his legal heirs.

This legacy is perhaps the most important private library and photograph collection on art history in Spain, with a thematic singularity oriented at studying the painting and drawing of the Spanish and Italian Baroque. After it is completely catalogued, this legacy

will be one of the most important collections of its genre in Spain.

Finally, in 2013 we accompanied Abengoa in its arrival in the United States thanks to the exhibition Nur: Light in the Art and Science of the Islamic World. This exhibition is the outcome of an international partnership with institutions from more than 22 countries around the world. This project, entirely coordinated by Focus-Abengoa, will be exhibited in the Dallas Art Museum in 2014.

201320112007


A permanent contribution Since 1982, our founding mission has been to promote culture in its different artistic and scientific manifestations by carrying out educational, social assistance and research activities. What is more, in line with Abengoa’s social cooperation policy, we also work directly and continuously with community NGOs which are exemplary in their social intervention in vulnerable groups all over the world but particularly in Latin America.

As part of this commitment to promote culture in its different artistic manifestations, and to work in cooperation and social development, at Focus-Abengoa we carry out numerous activities framed within our five areas of action:

In 2013 we contributed more than 6.4 million euros in our 5 areas of social action

21 %

6 %

50 %

23 %

ResearchContributing knowledge

EducationRaising awareness

Abengoa EmployeesSupporting our own

Artistic HeritagePreserving and disseminating culture

*Distribution (in percentages) of investments made in 2013.

Social DevelopmentBuilding tomorrow

11 Focus-Abengoa Foundation | 2013 annual report | Present and Future of Focus-Abengoa

Present and Future of Focus-Abengoa

The Foundation today…The present of the Focus-Abengoa Foundation remains faithful and steadfast to its origins, interplaying the humanistic-scientific binomial with the goals of promoting and disseminating culture and a social commitment from the city of Seville radiating outwards. At the same time, it serves as a platform for spearheading scientific development in the operating areas where Abengoa is involved.

Our milestones of 2013

The PEyC of Seville in the Torreblanca barrio.

The sports facility in Peru.First presence in the USA with the exhibition Noor.

We are still cataloguing “The Legacy”.

We are moving towards tomorrow…The Focus-Abengoa Foundation views the future with the same enthusiasm and optimism that has always characterised it with the goal of carrying on with its original project, working not only with passion but also striving for excellence with the objective of leaving an indelible mark for posterity and becoming an international benchmark centre on the Baroque.

Our future challenges

To spread our collections online so they are available to everyone.

To develop the debate on the role of renewable energies in combating

climate change.

To expand the opportunities for exchange and collaboration

with benchmark institutions internationally.

We are carrying on enthusiastically with our projects

At Focus-Abengoa we like to dream big

12 Focus-Abengoa Foundation | 2013 annual report | Our presence

Our presenceOur commitment to social development takes shape through investment in social programmes in the communities where Abengoa operates:

North America

United StatesMexico

Latin America

ArgentinaBrazilChileColombia Costa RicaEcuadorGuatemalaNicaraguaPanamaPeruUruguay

Europe

GermanyDenmarkSpainFranceHollandIrelandItalyPolandPortugalUnited KingdomRomaniaRussiaSwedenTurkeyUkraine

Africa

AngolaAlgeriaLibyaEgyptGhanaKenyaMoroccoSouth AfricaTunisia

Asia

Saudi ArabiaChinaSouth KoreaUnited Arab EmiratesIndiaIsraelJapan Nepal OmanSingaporeSri LankaTaiwan

Oceania

Australia

13 Focus-Abengoa Foundation | 2013 annual report | What matters to us

What matters to usThis 2013 Annual Report once again demonstrates the innovative spirit of the Focus-Abengoa Foundation, which is presenting the information on this financial year following the criteria, principles and contents defined in the new Global Reporting Initiative’s (GRI) G4 framework for presenting sustainability reports. These standards require that all the important aspects be defined, along with their scope and impact on stakeholders. The Focus-Abengoa Foundation thus stands at the forefront of sustainability reporting. The purpose of the materiality analysis required by the G4 standard of the GRI is to identify any social, environment or economic matters that are important to the Foundation and that influence the decision-making that can affect its stakeholders. Thanks to this analysis, the Focus-Abengoa Foundation can show society the issues related to sustainability in a more realistic way that matches its expectations.

Value chainFocus-Abengoa’s activity takes place in three phases, which make up the Foundation’s value chain. The important matters identified affect each of these phases in a different way:

This refers to the strategy and prioritisation of objectives, planning

and design of the Foundation’s activities and other internal

functions.

Planning

This encompasses functions and activities related to the Foundation’s funding. Abengoa is its only patron.

Fundraising

This is when the Foundation launches and implements its planned

activities, monitors them and ultimately fulfils its social-cultural

mission.

Contributions

For further information about the materiality process see chapter «About this report».

14 Focus-Abengoa Foundation | 2013 annual report | What matters to us

Materiality matrix (G4-19)

Focus-Abengoa’s materiality matrix generally captures the main trends, expectations and recommendations for non-profit organisations. It also bears the Foundation’s own reality in mind, along with the important issues for its parent company, Abengoa, thus giving rise to a repertoire of twelve aspects regarded as important which will be further examined in this report.

For further information about the materiality process see chapter «About this report».

Rel

evan

ce fo

r th

e m

ain

ON

L m

otiv

ator

s

Importance for Focus-Abengoa

Stakeholder engagement

Governance

Ethics and integrity

Economic performance

Indirect economic consequences

Work

Safety and health

Diversity and equal opportunities

Local communities

Anti-corruption

Informational transparency

Innovation

The size of the spheres represents the importance Abengoa attaches to each aspect.

Important material aspects

Main material aspects


Transparency

“Transparency is our best calling card”

16 Focus-Abengoa Foundation | 2013 annual report | Corporate governance

Corporate governanceA Board that makes the difference

At Focus-Abengoa, we base our activities on the principles and values that have earned the top international recognition in order to define our corporate governance, a key factor in properly fulfilling our mission and the best guarantee of our transparency. Through good governance, we consolidate the recognition and trust of the communities in which we operate.

In 2013 we have continued with the process of implementing our Code of Good Governance

Our Code of Good GovernanceProfessionalism, efficiency and commitment to society are reflected in a competent governing body which has solid principles and clearly defined responsibilities. They are joined by an outstanding management team who show their commitment to the Foundation’s spirit, mission and objectives day after day.

At Focus-Abengoa, we articulate our governance system around three main norms:

_ The Foundation’s by-laws. _ The Code of Good Governance, which interprets

and fleshes out the Foundation’s by-laws. _ The Code of Conduct, for temporary investments in

the Foundation.

The Board has the responsibilities for governing and representing the Foundation, and it is made up of 19 members.

The managerial structure is unitary, and all the members of the Board are independent and non-executive, including the presidents.

For greater efficacy, our Board members’ posts are personal and non-transferrable, and their duration is indefinite except for the president, who has to be re-elected every four years to remain in the position.

As a non-profit organisation, our Foundation does not pay its Board members for their work. They accept the position pro bono and are solely motivated by their goodwill and social commitment. However, Focus-Abengoa does remunerate its employees in the general management in order to ensure that they perform their jobs properly. It pays them according to a market analysis and with the approval of Abengoa (in the case of our General Manager). Additionally, their pay also depends on fulfilment of the Foundation’s mission.

The Board’s responsibilities and those of its members are contained in the Foundation’s governance system, which includes the possibility of creating other instruments to support its efforts, such as executive committees. The Board also has the authority to appoint professionals who are charged with ensuring the Foundation’s compliance with the laws and other managerial responsibilities.

We want our Board to include representatives of the Foundation’s main stakeholders. We pay close attention to the suggestions from Abengoa, our parent company and try to ensure that the Board contains representatives who are instructors at Seville’s universities and scholars from the Royal Academies headquartered in Seville. For the composition of its members, bearing in mind diversity and non-discriminatory criteria, the Board chooses a majority of independent professionals from the worlds of


business, education and culture with clear professional prestige and successful careers who stand out not only for their experience and knowledge but also for their proven reputation.

As a complement to support the Foundation’s governance and representation, and in implementation of its resolutions, the Board has decided that the Manager is the instrument charged with administering and overseeing the entire foundation. The manager also has the authority to delegate others to carry out given management duties.

Likewise, in line with our commitment to good governance, Focus-Abengoa makes every effort to keep in direct and constant contact with all its stakeholders as we fulfil our sociocultural mission. What is more, the General Manager meets with Abengoa on a monthly interaction committee to review the Foundation’s day-to-day operations.

Our Board participates actively in the governance of the Foundation, always acting with the diligence that can be expected of a representative body. For this reason, it has the authority to develop, approve and update all of its functions in the exercise of Focus-Abengoa’s activity, which take specific shape in the action programmes established to fulfil our foundation mission.

Along these lines, and with the goal of keeping our Board members informed about what is happening in the Foundation, our Code of Good Governance gives them the broadest authorities regarding access

to information and consultation on any aspect of the Foundation which can help it to achieve the goals set. What is more, to achieve effective fulfilment of the governance and representation functions, the Foundation draws up multi-year steering plans which are coherent with its founding goals and the activities it performs.

The Board meets at least twice a year, and the agenda always includes a presentation of its day-to-day activities and, if needed, the activities planned for the following period, taking stock of the key issues and associated risks. After that, an effectiveness analysis is conducted of the measures taken by the Board on these issues, always bearing in mind Abengoa’s considerations in terms of both identification and the management of the risks and opportunities associated with our sociocultural mission.

Beyond this evaluation of risks and opportunities, the Board addresses the Foundation’s strategy by developing an annual monitoring report on the degree of compliance with the governance system.

On the other hand, communication between the Board and the other members of the Foundation is fluid, and

there is constant interaction between them, as well as the possibility of forwarding to the Board any issue deemed important, always channelled via the secretary of the Board and the General Manager and, in certain specific cases, through the President. In 2013, no major issues were reported to the Board.

Finally, with regard to any possible conflicts of interest among the Board members, the Focus-Abengoa Foundation’s rules of conduct require that these be notified via either the president or the secretary of the Board, and that they must be reflected in the annual report of the Foundation’s activities.

The Board has the exclusive authority to review and approve the Foundation’s annual report. What is more, on this occasion it has guaranteed that all the important issues identified in the materiality study are reflected in this 2013 Annual Report. Finally, the Foundation’s Board is not subjected to any performance evaluation process.

The executive structure of the Board is unitary, and its members of independent and non-executive


Governing body

Guillermo Jiménez SánchezHonorary Vice President

José B. TerceiroPresident

Felipe Benjumea LlorentePresident

José Borrell FontellesVice-President

Carlos Fitz-James Stuart

Miguel Solís Mtnez-Campos

Pilar León-Castro

Luis Manuel Halcón

Javier Benjumea Llorente

Pablo López de Osaba

Federico Mayor

Álvaro Fdez. de Villaverde

Manuel Olivencia Ruiz

Marcelino Oreja

Francisco G.ª Novo

Rosario Parra

Javier Pérez de Cuéllar

Santiago Grisolía José Rquez. de la Borbolla

Miguel Ángel Jimenez-Velasco Secretary

Juan Carlos Jiménez LoraAdministrator

Anabel Morillo LeónGeneral Manager

The Presidency of Abengoa, S. A., represented by:

Management

Other Board members

Composition of the board: http://www.focus.abengoa.es/web/es/fundacion/organos-gobierno/

http://www.focus.abengoa.es/web/es/fundacion/organos-gobierno/

19 Focus-Abengoa Foundation | 2013 annual report | Ethics and integrity

Ethics and integrityOur ethical commitmentEthical matters are extremely important throughout the entire value chain, and for this reason Focus-Abengoa Foundation takes the main international referents on the matter into account and practises due diligence to prevent, detect and eradicate any irregularities. The Foundation has implemented its norms of conduct within its overall governance system, and it is sure that they are thoroughly disseminated so that all employees are aware of them, understand them and abide by them.

Our conductThe Focus-Abengoa governance system contains the principles and duties required of both Board members and employees, in line with the values of ethics and integrity that are in the international vanguard in non-profit organisations. These principles and duties serve as a guide so that anyone who provides services at the Foundation can tailor their behaviour to the contents contained in this governance system. On the other hand, there is a specific regulation for temporary investments in the Foundation through a particular code of conduct which contains the duty to report any

temporary investments in stock market securities and financial instruments made by Focus-Abengoa to the Protectorate1.

The Foundation has the support of Abengoa’s corporate services not only for advice on ethical, licit conduct but also as a complement to any matter related to integrity, including support from the departments in charge of legal, tax, accounting, risk, human resource and compliance matters. At Focus-Abengoa, we also have use of Abengoa’s grievance channel for both internal and external matters. This mechanism includes the use of an anonymous grievance box and questions on illicit or not very ethical behaviours.

Fight against corruptionTodos los miembros de Focus-Abengoa, sin excepción, reciben formación sobre el Código de Conducta de la Fundación, incluyendo aquellas prácticas ilícitas o fraudulentas que deben evitarse, especialmente en materia de anticorrupción. Se incorpora, además, una regulación especial para la aceptación de obsequios por parte del Patronato, cuyos miembros, por otro lado, no pueden aprovechar cualquier oportunidad relacionada con la Fundación en beneficio propio o de personas vinculadas.

1 According to the AEF, the Protectorate is a body charged with facilitating the proper exercise of the Foundation’s right and to ensuring the legality of its founding and operations. It is regulated and supervised by the CNMV.

All the members of Focus-Abengoa, without exception, receive training on the Foundation’s code of conduct, including all illicit or fraudulent practices that they should avoid, especially on anti-corruption matters. This also includes a special regulation on Board members accepting gifts, as its members cannot take advantage of any opportunity related to the Foundation for their own benefit of that of people close to them.

The integrity of our Board and the professionals who work at Focus-Abengoa requires diligence in the duty to report on any deed related to their job or position as representatives of the Foundation that might affect the proper performance of their job and the image of Focus-Abengoa. The segregated structure of functions and the division power in the Foundation lowers the risk that any fraudulent practices may occur.

The internal risk management system enables us to evaluate these activities every year, and no significant event has been reported during financial year 2013.

Focus-Abengoa members show a strong commitment to ethics and solid integrity

20 Focus-Abengoa Foundation | 2013 annual report | Dialogue with stakeholders

Dialogue with stakeholdersG4-24, G4-25, G4-26, G4-27

The importance of our stakeholdersAs a non-profit organisation, and given the sociocultural mission we promote, communication with our stakeholders must be fluid and continuous in order to identify, analyse and cover the needs of the societies in which we operate.

The majority of our stakeholders have participated in drawing up this report through their evaluations and statements Our ongoing dialogue

The dialogue strategy has been spearheaded by the Board and by Abengoa since 2009 through a long-term vision that both identifies the main stakeholders and determines the most relevant issues to them.

Generally speaking, Focus-Abengoa’s stakeholders judge based on the approach to the action being performed, which can change according to the activities planned. In any event, the main stakeholders are Abengoa and the communities where we operate, always bearing in mind the areas of science, humanities and technology.

The Focus-Abengoa Foundation works constantly with the majority of its stakeholders, especially during the activities it holds, in which the main matters of interest to them are considered, usually linked to the social impact of the activities, innovation and the development of new technologies. We at the Foundation can assure that in this financial year no key problems were identified with any of our stakeholders.

At Focus-Abengoa, we are keenly aware of our stakeholders’ opinions and offer effective answers to all the suggestions they forward to us, both internally through our and Abengoa’s employees, and externally through our constant interaction with all the stakeholders during the course of our sociocultural activities.

Plus, we have a continuous channel of dialogue on our corporate website, where our online mailbox has become the most widely used channel to exchange information with our stakeholders, which enables us to gather and respond to all their requests and suggestions in a comprehensive, global way.

Abengoa | PartnersEmployees | Suppliers

Beneficiaries | MediaVolunteers | Society

Teaching and research

For further information: http://www.focus.abengoa.es/web/es/fundacion/info-general/

http://www.focus.abengoa.es/web/es/fundacion/info-general/

21 Focus-Abengoa Foundation | 2013 annual report | Informational transparency

Informational transparencyAt the vanguard of dissemination Informational transparency is a crucial aspect of non-profit organisations with social missions, and this includes Focus-Abengoa. For this reason, we strive to be transparent in all our activities and we pay close attention to the clarity, timeliness and accuracy of all the information we provide.

Comprehensive, constant information on our activitiesThe Focus-Abengoa Foundation fulfils its commitment to informational transparency by declaring its founding purpose and constantly disseminating its activities diligently and rigorously.

One crucial aspect is our duty to divulge all the details related to scholarships and grants, which we try to do periodically in great enough detail. What is more, the Focus-Abengoa Foundation makes a telephone information line and its online mailbox available to the beneficiaries of these scholarships and grants so it can

The Foundation’s online portalIn 2013, we revamped our online portal to make it easier to access our information.

The portal is our main channel of communication with society, and it is the window through which we reveal all the activities we are conducting around the world.

This medium enables us to make all our collections available to society, which leads to a greater promotion of culture and research worldwide.

Plus, all the Foundation’s latest news can be tracked online in the different social media.

To follow the Foundation’s day-to-day activities on Twitter:

https://twitter.com/Focus_Abengoa.

Our online portal has been revamped and is constantly updated to expand its content


gather any kind of opinion or recommendation that will enable us to improve the way we disseminate the information.

Focus-Abengoa further demonstrates its commitment to financial transparency by publishing all its annual financial activities in our annual reports and the Foundation’s online portal. We also exhaustively monitor our financial results through external audits, using a selection process that is transparent, efficient and equitable.

Finally, our responsibility for informational transparency is completed with the Board’s obligation to draw up an annual monitoring report on the degree of compliance of the overall governance system in which it specifically reports on the applicable transactions made and particularly on the selection and investment management systems.

https://twitter.com/Focus_Abengoa

http://www.focus.abengoa.es


Action

“Our social actions know no borders”

23 Focus-Abengoa Foundation | 2013 annual report | Social Development

Social DevelopmentBuilding tomorrowOur parent company, Abengoa, pledges to fulfil all of its functions and responsibilities with society. For this reason, Focus-Abengoa participates actively in promoting shared values through investment in social programmes. Abengoa’s early social-community efforts since the 1940s were transferred to its Foundation and seek to balance economic, social and cultural development in the countries where Abenogoa operations.

Most Abengoa companies perform a variety of corporate social responsibility actions which contribute to locally rooting the company in the communities where it operates. We would like to highlight Abengoa’s ongoing collaboration with the San Rafael (Dos Hermanas, Seville) and La Milagrosa (San Roque, Cádiz) senior citizen homes.

Summary of 2013

For further information: http://www.focus.abengoa.es/web/es/desarrollo/

€ 1,335,100in investment

21 %of the Foundation’s total budget

Presence in Spain, India, Argentina, Brazil, Chile, Peru and Mexico

The PEyC programme came to Spain in 2013

Since 2005, this has mainly been channelled through our People, Education and Communities (PEyC) programme, which spearheads the integration of vulnerable groups through education. This programme got started in Argentina thanks to Abengoa’s ties with the Hermanas de la Cruz congregation, and today it has spread to seven countries – Peru, Brazil, Mexico, Chile, India and Spain – and 22 sites. Its flexibility and capacity for adaptation, without losing the essence that characterises it, make it possible to implement this programme as an engine of social-community projects associated with Catholic organisations around the world.

The PEyC programme is targeted at the most vulnerable groups (the disabled, the elderly, indigenous peoples, women experiencing violence, migrants, pregnant women, young children whose basic needs are unmet or who are experiencing abuse, the illiterate), and its main goal is their social inclusion.

The more than 300 people working in this programme are joined by a group of volunteers from society to whom we particularly grateful for their work and for

sharing their time, abilities and socially conscious values by helping and enthusiastically performing the different jobs: healthcare, social services, engineering, social agents, religion, administration, IT, etc.

And all of this is joined by the volunteer efforts of Abengoa employees. In 2013, Abengoa employees donated 3,194 volunteer hours to the PEyC through two kinds of programmes: _ The corporate volunteer calendar (CVC), which

lists the different activities in which Abengoa employees working in countries where PEyC centres exist can participate.

_ International corporate volunteers, in which each employee can help the different PEyC centres regardless of where they work through the following ways: charity vacations, donations in kind and monetary donations.

The most important new development of 2013 was the implementation of the PEyC programme in Spain for the first time, in the Torreblanca barrio of Seville, and the construction of the sports facility in the community of Manchay (Peru).

http://www.focus.abengoa.es/web/es/desarrollo/


Main activities in 2013PEyC in the Torreblanca barrio (Seville)The PEyC social development programme began in Seville in December 2012 with a social diagnosis of the barrio of Torreblanca de los Caños, chosen to be the recipient of the action with the support and partnership of the Hermanas de la Cruz, located in the barrio since the 1970s. Today the congregation works with both minors and adults in different areas. The programme is currently being fully implemented.

The main beneficiaries of the PEyC Seville are children, adolescents, young adults, the elderly, women and adults from the Torreblanca barrio. The main parties involved are the Hermanas de la Cruz, who are working by advising the project’s technicians and channelling potential beneficiaries of this social action. On the other hand, schools, associations, foundations and delegations from Seville Town Hall are also taking part in this programme.

Areas of intervention:

_ Education and sports _ Job training _ Social protection and health

The Foundation’s relationship with the Hermanas de la Cruz in Seville and with the other institutions in the barrio is cordial and fluid. The restoration of the site that houses the project and its activities also got underway in 2013.

For the future, the Foundation plants to root the project in Seville by making its headquarters a place of reference for PEyC activities and the epicentre of action by boosting the number of activities and beneficiary groups.

“The sociocultural workshop in this programme offers a wide variety of activities like singing, dancing and theatre for both children and adults”

“Thanks to the PEyC, I have earned my secondary school degree and am getting advice on my job hunt”

“With the help of the Focus-Abengoa Foundation, our children are not on the street and are learning new things, reinforcing their school learning”

Rosario Martín NietoBeneficiary


Sports facility in PeruSince 2009, the PEyC social programme has been present in the community of Manchay–Pachacamac in Peru with the Hermanas Josefinas de la Caridad congregation and the parish of Manchay, where theatre workshops are also held for disabled young adults and adolescents.

Through its Foundation, in 2013 Abengoa has financed the construction of the sports facility of the city of Manchay, which has a track, a multipurpose court and bleachers seating up to 1,000 spectators, in addition to vending points and administrative offices.

This initiative is completed with the launch of a program to promote participation in sports and cultural activities by adolescents and young adults at risk of social exclusion.

The sports facility also promotes entrepreneurship and fosters social inclusion through job insertion with an efficient, sustainable business model. The vending points in the facility will be used to commercialise the products that the youngsters craft in the bread/dessert-making and crafts workshops that the PEyC holds in conjunction with the Espíritu Santo parish. Finally, the facilities also host a theatre workshop and a space for handicapped-accessible sports on the track.

“This sports facilities is a huge milestone for the community, since we can use it for social, cultural and sports activities and get many benefits with few resources”

“Focus-Abengoa’s work is exceptional. This programme not only brings material resources but also helps us to manage and train our children and the disabled”

“Thanks to this sports facility, young people can enjoy alternative social integration activities”

José ChuquillanquiFather/Priest in the Manchay community


ArgentinaThe Focus-Abengoa Foundation performs its social development actions in Argentina through the Santa Ángela Foundation and the Hermanas de la Cruz congregation, a religious organisation with Sevillian roots founded by Saint Angela of the Cross which has been working in this country non-stop for almost 38 years.

Its social collaboration with the congregation primarily revolves around the groups that live in vulnerable circumstances and that can therefore not progress normally and access better living conditions. These groups include:

_ The disabled _ Children and teens in situations of social risk _ Young women who never finished their schooling _ Poor or indigent families in situations of social risk

The partnership with the Hermanas de la Cruz congregation takes place in three different centres: two in the province of Santiago del Estero — Quimilí and Monte Quemado — and one in the province of Tucumán — Tintina, where the Hermanas Franciscanas congregation also works with the Foundation.

The action programme has three goals: to promote equal opportunities, to ensure that minorities have access to social and cultural opportunities, and to promote the integration and social participation of groups that face discrimination.

“Focus-Abengoa has changed the lives of many people from Alderetes who had no chances to cover the basic needs that a family has”.

“Thanks to this action, we have learned that it is possible to receive aid without anyone expecting anything in exchange.

Elizabeth del Carmen MoralesMother of Patricio Santana, 2-year-old child with cancer

In recent years, especially in 2013, different projects with the local communities have concluded and others have been launched, such as the practice of pioneering therapeutic formulas and the development of the second edition of several programmes.

As a result of our continuous support, the number of volunteers has risen, and more and more children who are disabled or from lower social strata join in all of these activities. Plus, the citizens’ awareness of gender and disability problems has also risen.

Participation by the local communities in social, sports, art, school and work activities, as well as in the inclusive, free spaces offered by the congregation and the Foundation, is increasingly numerous and more active.


Other social development activitiesBrazilSince 2010, we have been working with the Hermanas del Buen Consejo congregation in the Santa Rita de Cassia orphanage in the community of Jacarepaguá (Rio de Janeiro), and in the San Francisco de Asís boarding school in the community of Aracajú (Sergipe). The following are the main activities performed there:

_ Care for children and teens with family problems and domestic violence _ Educational and recreational activities (like introduction to volleyball and

capoeira) _ Care for children in vulnerable social situations

MexicoSince 2011, we have been working with the Celamex Centre, and some of the main activities we have held there include:

_ Psychological, training and job orientation practices

_ Physical and recreational activities for the differently abled

_ International Non-Violence Day

IndiaWith the PEyC programme in India, the Foundation carries out important sociocultural activities in the tribal communities of Kotwaliya and Balwadi with the collaboration of the Jesuit missionaries and the Hermanas Hijas de la Cruz congregation.

“The support received by Focus-Abengoa allows our community to develop economically and socially so that our children receive a valuable education and our people can live with dignity and self-respect”.

Dinesh MakwanaNational coordinator of the PEyC programme

ChileSince 2012, we have worked with the Hogar de Rebeca Ergas, a local foster care NGO in the city of Santiago which helps to improve people’s quality of life and remedy the damage to women and children who have been the victims of physical or psychological violence within their families. We also have the help of the Hogar de Cristo (Jesuits).

28 Focus-Abengoa Foundation | 2013 annual report | Research

ResearchProviding knowledgeTo Focus-Abengoa, research is the key to knowledge and one of the cornerstones of economic progress. In this sense, we believe in research whose purpose is to face the challenges of climate change and plan a sustainable future. This is why we work with Abengoa in its constant quest to develop new alternative energies.

One of the Focus-Abengoa Foundation’s most important commitments to society is to guide its activities towards the dissemination of knowledge and the promotion of research in matters related to culture and history. Yet our commitment to research is also increasingly emphasising technology.

At Focus-Abengoa, we have been organising numerous internationally renowned research events for ten years with the purpose of attracting the top experts who solidify the scientific and educational nature of our Forum on Energy and Climate Change.

Overview 2013

€ 1,476,782.33 of investment

23 %of the Foundation’s total budget *

140 participants

in the School of Energy and Climate Change

* Along with investment in education.

For further information: http://www.focus.abengoa.es/web/es/investigacion/

“The School’s main contribution in 2013 was an increase in societal knowledge of what climate change means and the risks it entails in the middle term”.

“In the future, Focus-Abengoa should continue focusing on this kind of activity in the energy and new technologies sector”.

Josep Borrell FontellesVice President of Focus-Abengoa, Director of the School

The most noteworthy aspect of 2013 was the advances made in the School of Energy and Climate Change, with 140 participants this year. Also this year, a general consensus was reached on the increasing need for international institutions to provide a committed response to the problems derived from climate change.

At Focus-Abengoa, we believe that research is needed for there to be innovation. Our Foundation serves as a place to exchange knowledge and as an ideas laboratory to find innovative solutions that can be transferred to Abengoa’s business and, ultimately, society as a whole.

http://www.focus.abengoa.es/web/es/investigacion/


Main activities in 2013The School of Energy and Climate Change

“The global governance of climate change”Our Foundation contributes to the debate on the change in the energy model tackled by Abengoa from a multidisciplinary perspective. Our goal is to address both the technological and economic conditioning factors of taking advantage of clean energy sources, such as institutional and political mechanisms that converge via the needs of users and producers while remaining compatible with the sustainable energy model.

The School is held under the umbrella of the Focus-Abengoa Forum on Energy and Climate Change, making it the crossroads of the legal, technical and economic aspects that converge in the complex issue of the global fight against climate change. The School sets out to analyse issues like the following:

_ The latest developments in negotiations on climate change _ Progress in the institutions responsible for the “governance” of climate

change _ Problems of equitability in sharing the burden of lowering emissions _ Lessons from the experience of the price-setting mechanisms in CO2

emissions, especially the European Emissions Trading Scheme (ETS) and its interaction with the mechanisms to support renewable energies

We at Focus-Abengoa believe that overall the 2013 School was satisfactory. Even though it is quite a sweeping question in a highly changeable world, gradual consensus has been reached on the need for greater governance and greater social support worldwide in order to continue making headway in the fight against climate change.

What is more, as part of the debate held in the last edition (2012), issues were discussed related to the current weakness of the global governance instruments, the lack of efficacy in managing the international emissions markets to date and the crucial role of renewable energies in combatting global warming and avoiding a temperature increase of more than two degrees Centigrade.

For further information: http://www.energiaycambioclimatico.com/web/es/acerca/index.html

http://www.energiaycambioclimatico.com/web/es/acerca/index.html


World Biofuels ConferenceThis initiative is part of the activities performed by the School of Energy and Climate Change to contribute to the debate on the change in the energy model from a multidisciplinary perspective.

Last May, the Focus-Abengoa and F.O. Licht1 officially opened the 12th edition of the World Biofuels Conference at the Hospital de Los Venerables. Today it is one of the benchmark forums among experts in the biofuels and biodiesel sectors in the leading markets around the world.

As a company Abengoa, has been working for years to develop a solution that will simultaneously resolve efficient waste management and produce energy sustainably.

In line with this goal, Focus-Abengoa continues to provide a true open tribunal for where ideas and results can be researched, shared and compared through any public debates which are deemed relevant.

The most illustrious guests included Juan Ignacio Zoido, Mayor of Seville; Manuel Sánchez Ortega, Managing Director of Abengoa; Javier Garóz Neira, President of Abengoa Bioenergía; and Christoph Berg, Executive Director of F.O. Licht.

1 F.O. Licht.es is a reputed international database that draws up reports on specific matters.

For further information: http://www.focus.abengoa.es/export/sites/focus/resources/pdf/biofuels.pdf

At the 2013 conference, the participants were able to analyse the issue of waste management and the prospects of the biofuels market

“The organisation of the World Biofuels Conference reflects Focus-Abengoa’s commitment to the city of Seville”.

“Focus-Abengoa does everything within its means to ensure the success of the Conference. In all these years, the comments on the Foundation’s efforts have only been positive”.

“The appeal of the Hospital de Los Venerables is a true added value in the organisation of the conference”.

Tom GamesonPartner in the School of Energy

http://www.focus.abengoa.es/export/sites/focus/resources/pdf/biofuels.pdf


4th Alfonso E. Pérez Sánchez International Prize. Baroque Art In 2013, the Focus-Abengoa Foundation issued a call for participation in the 4th International Prize of Baroque Art in honour of Alfonso E. Pérez Sánchez (1935-2010), an exceptional historian of Spanish and Italian Baroque art, university professor, director of the Museo Nacional del Prado and artistic advisor of the Focus-Abengoa Foundation since the 1990s.

With this prize, the Foundation aims to encourage study and research into Spanish Baroque art and its influence in Europe and the Americas. The requirements for a study to be submitted to this competition are: it must be an original, unpublished work; it must have been conducted either individually or in a team; and it must have not received any other award or be committed for publication.

In the 2013 edition, the award-winning study was Art and Science in Baroque Spain: Natural History, Collecting and Visual Culture by José Ramón Marcaida López. The prize was awarded because of the study’s innovative contribution to the history of Baroque art using an interdisciplinary perspective. The study examines artistic creation and pursues a provocative line of inquiry by art historians.

Composition of the jury:Aurora Egido Martínez, Marcello Fagiolo, Karin Hellwig, Ronda Kasl, Manuela B. Mena Marqués, Benito Navarrete Prieto, Jesús Urrea Fernández y Anabel Morillo León (president of the jury).

For further information: http://www.focus.abengoa.es/web/es/investigacion/premios-ayudas/premio-alfonso-perez.html

The prize comes with a purse of 24,000 euros for the winner

“When I decided to submit my study for the prize, I became interested in the Foundation’s activities and I was particularly struck not only by the quality but also the variety of research aid it offers: from prizes for doctoral thesis and creative artistic projects to distinctions for scientific-technological and business practices. From the standpoint of sponsorship, this support is quite extensive.”

“The prize is recognition of the value of interdisciplinary research given that, in my case, the Focus-Abengoa Foundation has supported a study that is concerned with the intersections among different disciplines, especially art history and the history of science.”

“This prize was a huge impetus for my career and is going to allow me to keep developing projects and research. I am going to allocate the prize money to furthering my research.”

José Ramón Marcaida LópezWinner of the 4th Alfonso E. Pérez Sánchez International Prize

http://www.focus.abengoa.es/web/es/investigacion/premios-ayudas/premio-alfonso-perez.html


Other research activitiesPrizesJavier Benjumea Puigcerver Prize for ResearchThis prize was instituted in 2003 in line with the partnership agreement signed by the University of Seville and the Focus-Abengoa Foundation with the goal of showcasing, explaining and perpetuating the memory of such an illustrious personality in Sevillian society whose prestige is unquestionable, and whom the University of Seville has given an honorary doctoral degree.

The prize is targeted at PhDs and graduates from Bachelor’s or diploma courses from the University of Seville or people affiliated with this institution.

18,000 euros in prize money plus a certificate

Composition of the jury: José Domínguez Abascal, Miguel García Guerrero, Manuel García León, Jesús Jiménez Cano, Pilar Malet Manner, Luis Uruela Fernández e Isabel Aguilera Navarro (president of the jury).

Prize for Best Doctoral ThesisThe prize for Best Doctoral Thesis on a Sevillian theme, established in 1983, is quite prestigious and well-rooted after over a decade of history.

In 1987, it was decided that part of the prize would be the publication of the thesis, with the prior approval of the Board, in order to bring the prize greater social prominence.

3,000 euros in prize money

Composition of the jury:Antonio-Miguel Bernal Rodríguez, José Domínguez Abascal, Consuelo Flecha García, Isabel Montes Romero-Camacho, Alfredo J. Morales Martínez, Víctor Pérez Escolano, Alfonso Pleguezuelo Hernández, Manuel Porras Sánchez, Ramón Queiro Filgueira, Rafael Sánchez Mantero, Enrique Valdivieso González y Santiago Grisolía (president of the jury).

2nd Focus-Abengoa Sustainable Company PrizeThis is an initiative whose mission is to publicly recognise Abengoa’s suppliers whose actions have contributed actively to sustainable development and serve as an example for other organisations.

“The prizes are awarded to projects and initiatives aimed

at fostering responsible business management”

Composition of the jury:Cristina García Orcoyen, Germán Granda, José Luis Blasco, María Mendiluce y José Borrell Fontelles (president of the jury).

International Painting PrizeThe International Painting Prize organised by Focus-Abengoa, which has a long history and renowned prestige, was established in 1983 and welcomes submissions from all artists over the age of 18.

The subject of the works submitted is open, and any painting technique of the artist’s choice may be used.

36,000 euros: € 24,000 for the winner and two honourable mentions worth 6,000 euros

each

Composition of the jury: Guillermo Pérez Villalta, Jaime Brihuega Sierra, Juan Carrete Parrondo, Juan Fernández Lacomba, Manuel Sánchez Arcenegui y Anabel Morillo León (president of the jury).

33 Focus-Abengoa Foundation | 2013 annual report | Artistic heritage

The Focus-Abengoa Foundation emerged around the artistic and cultural heritage, and it gains ground year after year with new works and exhibitions. Our alliances enable us to fulfil our commitment to conserve and disseminate Seville’s historical legacy.

The year 2013 has been satisfactory in terms of our artistic heritage actions. The budget was increased 22 % over 2012, which enabled us to better develop our artistic and cultural activities.

In 2013, we have continued to prepare the Alfonso E. Pérez Sánchez Legacy, the second year since the start of our commitment to manage and consolidate this important artistic and cultural legacy. The total investment in the project is € 925,000, the amount planned for its entire five-year period which will enable us to expand our human team and the conservation and security conditions that these kinds of collections require.

The Antonio López exhibition in Japan, to which we lent the painting The Quince Tree, signed by the artist, helped to enshrine our presence in the Land of the Rising Sun during the Dual Spain-Japan Year. The Foundation’s international presence was also boosted with the stops of the travelling exhibition entitled “Murillo and Justino de Neve” organised jointly with the Museo Nacional del Prado from October 2012 to January 2013. This exhibition was also shown at the Dulwich Picture Gallery in London. What is more, thanks to the co-organisation of this exhibition, the Foundation enjoyed the return of Murillo’s Immaculate Conception to the Hospital de los Venerables, exhibited in its original altarpiece and frame.

Partner organisations _ Spanish Association of Foundations _ Musical Youth _ Royal Sevillian Academy of Belles-Lettres _ Academy of Medicine _ St Elizabeth of Hungary Academy _ COTEC Foundation _ Prince of Asturias Foundation _ Santa Cruz parish _ FUNDES _ Royal Spanish Academy Foundation _ Project Man Association _ JBP Research prize _ Technological Corporation of Andalusia _ Valencian Foundation _ San Rafael Foundation _ La Milagrosa Foundation _ Global Compact _ Spain-India Council Foundation _ Spain-China Council _ Spain-Australia Council Foundation _ Prince of Girona Foundation _ Naval Museum Foundation _ Santa Ángela Foundation _ Loyola University Foundation _ Mandal Mission (Nani Singlioti and Dadwalha)

For further information: http://www.focus.abengoa.es/web/es/patrimonio-art

Overview 2013

50 %of the Foundation’s total investment

€ 3,198,429.60 in investment

22 % increase in investment

48,198 people

visited the Hospital de los Venerables

Artistic heritagePreserving and disseminating culture

http://www.focus.abengoa.es/web/es/patrimonio-art


Main activities in 2013Nur exhibition One of the major milestones of 2013 was the opening to the public of the exhibition “Nur: Light in the Art and Science of Islamic World”, which enabled Abengoa, as a world benchmark in the development of sustainable energies, to explore the use and meaning of light as a unifying motif in Islamic civilisation.

With this show, the Focus-Abengoa Foundation premiered an important travelling exhibition of Islamic art and culture which encompasses more than ten centuries of history and includes works of art and secular objects from the entire Islamic world, from Spain to Central Asia. The legacy of Al-Andalus is also present.

Directed and curated by Dr Sabiha Al Khemir, an expert in Islamic art and culture, the exhibition includes more than 150 objects lent by public and private collections. The majority of the objects had never left their home countries or been exhibited before.

Taking its name from the word nur, which means light in Arabic alluding to both the physical and the metaphysical, the exhibition “Nur” is thematically organised into two main sections:

_ A section devoted to art, which includes manuscripts illuminated with gilding and coloured pigments, lustre ceramics, metal works inlaid with silver and gold, and pieces wrought of precious and semiprecious stones.

An art collection with more than 150 works of art from 22 countries

For further information: http://www.focus.abengoa.es/web/es/patrimonio-art/exposiciones/nur/

“The exhibition aims to strengthen Abengoa’s international relations through its Foundation, generating an artistic and scientific initiative with broad international outreach” .

The concept of Nur is expressed from the very outset of the exhibition with views of these pieces decorated by rays of light which convey the concept of light” .

Doctora Sabiha Al KhemirDirector of the exhibition

“The exhibition ‘Nur’ marks a huge turning point for the cultural history of the city of Dallas and the Dallas Museum of Art” .

“We hope that ‘Nur’ sparks a local dialogue on the history and art of the Islamic world, opening the gateway to greater knowledge of other cultures and different perspectives” .

“From the start, we at the Dallas Museum of Art have been very grateful for the professionalism of Focus-Abengoa and our warm relations with the Foundation” .

Max AndersonDirector of the Dallas Museum of Art

_ A section devoted to science, which features solar equatorial clocks, astrolabes and anatomical instruments, all of them illustrative of the influence of the Islamic world on scientific thinking.

The map showing the provenance of more than 150 works of art spreads to 22 countries, including Morocco, Algeria, Tunisia, Egypt, Saudi Arabia, Armenia, Kuwait, Iraq, Iran, Syria, Turkey, India and Malaysia. To accompany the presence of Abengoa in the USA, the exhibition is in Texas from March 2014 and will be displayed at the Dallas Museum of Art until June.

http://www.focus.abengoa.es/web/es/patrimonio-art/exposiciones/nur/


The Legacy: Cataloguing and Photography CollectionOur pledge to the heirs of Alfonso E. Pérez Sánchez is to conserve, study, catalogue and disseminate all four sections within the Legacy: the library, the photography collection, the personal archive and the collection of works of art.

The main purpose is to make this important collection of art and documents available to whoever is interested in studying and researching art history in particular, and anyone interested in art and culture in general.

What is more, the Legacy will contribute to turning the Focus-Abengoa Foundation into a benchmark centre for studying and disseminating the Baroque which will help to consolidate the projection of its heritage.

For this reason, we want to lay the groundwork for future projects aimed at studying and disseminating the life and work of Professor Alfonso E. Pérez Sánchez in order to fulfil the agreement established between the Foundation and his legal heirs.

At Focus-Abengoa, we believe that launching this initiative will not only increase the value of the Foundation’s heritage but will also considerably boost its potential as an institution committed to cultural and scientific progress. What is more, it will strengthen our involvement in the development of research, thus complementing our exhibitions and publications and expanding the resources made available to society.

With the Legacy, the library will quadruple its bibliographic collection, and once its contents have been catalogued and published in our database, the photography collection, one of the most important of its kind in Spain, with 60,000 photographic

units in its possession, will become an essential instrument for studying Baroque art.

The Legacy marks the Foundation’s consolidation as a benchmark centre in the study of the Baroque

3,600records in OPAC

237works of art

30,000bibliographic units

60,000photographic units

For further information: http://www.focus.abengoa.es/web/es/patrimonio-art/biblioteca-barroco/legado-alfonso/

“We want to make this legacy accessible to all researchers and anyone interested”Likewise, the collection of works of art (including paintings, sculptures, drawings and engravings) is made up of pieces of historical and artistic interest. Its timespan ranges from the 15th to the 21st centuries and it contains a total of 237 works.

In short, this entire legacy will enable us to boost the dynamism and quality of the cultural activities that our Foundation carries out, expanding its social impact with the utmost rigour and excellence.

Overview 2013

http://www.focus.abengoa.es/web/es/patrimonio-art/biblioteca-barroco/legado-alfonso/


Other artistic heritage activities Library of the Baroque and Room of EngravingsThe Library of the Baroque is the outcome of more than three decades of initiatives undertaken by the Focus-Abengoa Foundation on the topic of the Baroque in all its facets, primarily artistic, cultural, literary and historical. It was created in 1982, when our Foundation’s early activities were aimed at forming a library and room of engravings with views of the city of Seville, as well as holding unique exhibitions on Baroque painting.

These initiatives were joined by a broad range of products, which has enabled the Library’s collection to grow and further specialise. After the creation of the Centro Velázquez, the Library has become a reference serving studies and research into the Baroque as a whole. Since 2011, the Library has been a member of the collective catalogue of the Idea Network, part of the Regional Ministry of Culture of the government of Andalusia.

Today the library is located in the former Hospital de los Venerables Sacerdotes, the headquarters of the Foundation, and it is organised into several thematically distinct collections:

After adding the Alfonso E. Pérez Sánchez, the collections of the Library of the Baroque now total more than 37,000 volumes.

For further information: http://www.focus.abengoa.es/web/es/patrimonio-art/

_ General Collection: This is the organisational matrix through which all the bibliographic collections and acquisitions made by the Foundation are recorded.

_ Sevillian Topics Collection: This is the core of books that gave rise to the Library and includes around six thousand volumes from the 19th to 21st centuries.

_ Library of the Baroque of the Centro Velázquez: Because of its content, this is a highly specialised library meant for research.

_ Alfonso E. Pérez-Sánchez Legacy: This is the legacy containing the library, photography collection and personal archive of Alfonso Emilio Pérez Sánchez.

_ Room of Engravings: This is a collection of around three hundred prints from the 16th to 20th centuries.

_ Old Book and Manuscript Collection: This collection has around four hundred books printed between the 14th and 19th centuries, until 1830, most of them related to the history and art of Seville.

In addition to the Library of the Baroque, both the artistic heritage of the different collections (Hospital de los Venerables, Centro Velázquez, Contemporary Art) and the Baroque music concerts – featuring the prized organ of the Hospital de los Venerables— and the University School of the Baroque are other enriching sources within this sociocultural avenue of action promoted by the Focus-Abengoa Foundation.

http://www.focus.abengoa.es/web/es/patrimonio-art/


The School of the BaroqueDuring the month of November 2013, the Hospital de Los Venerables hosted yet another edition of the School of the Baroque, this time directed by Fernando García Gutiérrez, J. S., given his in-depth knowledge of Japanese history and culture.The 2013 School of the Baroque stressed the importance of our multicultural world today and explained how cultural distances among different parts of the world have been shortened, along with the importance of assimilating the current cultural values between East and West without impositions, as the early Jesuits who reached Japan in the 16th century did.

The tenth School of the Baroque dovetailed with the temporary exhibition “Nur: Light in the Art and Science of the Islamic World”, and the Foundation opened its doors to anyone interested in all the lectures scheduled throughout the three days of the event until capacity was reached. What is more, all the lectures were broadcast on the Focus-Abengoa website.

In 2013, the Foundation opened the tenth edition of the School of the Baroque under the title of “East and West: Early Globalisation in the Baroque Times”

The Foundation awarded 20 grants to the students registered and reserved some places for people over the age of 65

For further information: http://www.focus.abengoa.es/web/es/noticias/noticia_20131115.html

http://www.focus.abengoa.es/web/es/noticias/noticia_20131115.html


Musical activities

Since it got underway in 1991, the Focus-Abengoa Foundation’s musical programming, which revolves around the grand Grenzing organ in the church of the Hospital de los Venerables, has been based on four events:

First, the Foundation offers Didactic Recitals throughout the academic year targeted at adolescents in the schools of Seville and its province. At these recitals, the students are told how this complex instruments works and they are then offered an organ recital.

Secondly, the Foundation organises its Organ Recital Series to Promote Young Organists, where the concerts feature Spanish organists who have completed their higher studies in organ music with an extraordinary end of degree prize. These concerts are broadcast by Radio Clásica (RNE) and their goal is to showcase and promote these musicians.

The intensive Master Course on organ performance brings the greatest organists in Europe to the Hospital de los Venerables. This course is targeted at Spanish organists who wish to further their studies with the help of the top European masters.

Finally, the Master Concert Series comes in two rounds, one in February and the other in May, and for these performances the Foundation brings the best organists in the world today to showcase them to the public at large.

For further information: http://www.focus.abengoa.es/web/es/patrimonio-art/organo-barroco/temporada_musical.html

39 Focus-Abengoa Foundation | 2013 annual report | Education

_ Francisco University of Vitoria

_ Business School _ Camilo José Cela

University _ San Pablo CEU

University _ Comillas University _ Antonio de Nebrija

University _ Garrigues Study Centre _ ONCE Foundation _ University of Seville _ ETEA Loyola _ EOI _ San Telmo _ Cajasol Study Institute _ Chamber of Commerce

of Seville _ University of Córdoba _ Albaydar _ Marcelo Spínola

Professional School _ University of Jaén _ University Pablo

de Olavide _ International University

of La Rioja _ Santiago de Compostela

University (Master’s in Chemical Engineering)

_ University of the Basque Country

_ Autonomous University of Madrid

_ University of Granada _ ESIC

Mexico _ UNAM- Ibero-American

University

Chile _ Catholic University

of the North _ Pontificia Catholic

University of Chile _ Santa María Federal

Technical University _ University of Bio Bio

Greece _ Department of Food

Science and Human Nutrition at the Agricultural University of Athens

Netherlands _ Zadkine Procestechniek

EducationRaising awarenessTo Focus-Abengoa, education is the key to human development, and this is why its educational initiatives seek to foster the progress of society. The main beneficiaries of its activities are the different groups of schoolchildren, university students, scholars, experts, cultural groups and anyone interested in the dissemination and projection of knowledge both in the city of Seville and beyond its borders.

The Focus-Abengoa Foundation is grateful for the efforts of the juries of the different prizes it awards, who are asked to contribute through their efforts and commitment. Each of them spends his or her time assessing the participants’ submissions with no remuneration.

In 2013, the 4th Alfonso E. Pérez Sánchez International Prize of Baroque Art was even more warmly welcomed by its participants as shown by the number (twenty all together) and quality of the submissions.

Among the year’s other educational activities in addition to the School of the Baroque and the School of Energy, the Focus-Abengoa Foundation has regularly held workshop-tours, guided tours, family tours and didactic recitals at the Hospital de los Venerables. Before these tours, the Foundation’s online platform offers participants all the teaching materials needed so they can acquire prior knowledge and familiarise themselves with the works. This also fosters an interest in the culture and heritage of the city of Seville. Finally, the Focus-Abengoa Campus is still the meeting point created by the Foundation to offer training that encompasses history, landscape, archaeology, technology and environment. It is located near the Guadiamar Green Corridor in Sanlúcar la Mayor (Seville).

* Along with the investment in research.

Overview 2013

23 %of the Foundation’s

total budget*

€ 1,476,782.33 in investment

Scholarship programme. Partner organisations


Main activities in 2013The art of friendshipFor the first time, the Foundation offered a specific educational programme for a temporary exhibition entitled “Murillo and Justino de Neve: The Art of Friendship”. For this show, an interactive educational programme was developed for the three entities organising the exhibition: the Museo Nacional del Prado, the Dulwich Picture Gallery (London) and the Foundation.

As a complement to this activity, four different kinds of tours were developed: workshop-tours, guided tours, family tours and a specific programme of guided tours for Abengoa employees and their families.

This educational programme was disseminated broadly both inside and outside the Foundation, and many groups of Abengoa employees visited the exhibition at weekends and participated in some of the activities designed for their families and children.

The interactive educational programme designed for the occasion on the Foundation’s online platform provided a list of the activities scheduled with the works in the exhibition, which enabled visitors to acquire knowledge prior to their tours and even further their knowledge afterward.

A children’s publication was developed for this exhibition: Miaurillo and Justino de Neve: The Story of a Friendship.

For further information: http://www.focus.abengoa.es/web/es/patrimonio-art/

Miaurillo y Justino de NeveLa historia de una amistad

Estimado Miaurillo:

Me gustaría tener la posibilidad

de conocerle personalmente y así,poder explicarle un proyecto quetengo entre manos.

Mientras paseaba por la catedral, Justino de Nevemeditaba qué pintor sería el más apropiado parahacer frente a un encargo de tal magnitud.

¡Ya lo tengo! Miaurillo es el pintor con más reputación de la ciudad. Intentaré que acepte. Tengo que avisarlo cuanto antes...”

-“Podría ser Miaurillo...

... o a lo mejor Valdés León.

...o quizás Aloso Cano...

6

Estimado Miaurillo:

Me gustaría tener la posibilidad

de conocerle personalmente y así,poder explicarle un proyecto quetengo entre manos.

El emisario no tardó en llegar al estudio.

Pero la carta está escrita al revés.Utiliza un espejo y ayuda a Miaurillo a leer la carta de Justino de Neve.

- “¡Buenos días!. Traigo una carta de Don Justino de Neve”

7

¡La fiesta ha sido un éxito! A todo el mundo le encantan las pinturas de Miaurillo y los retablos que Justino encargó para decorar las calles. Además, muchos sevillanos expusieron también sus mejores cuadros.

14 15

http://www.focus.abengoa.es/web/es/patrimonio-art/


The Focus-Abengoa Foundation has a specific programme to promote volunteerism through the numerous educational activities we organise. Our volunteer programme is targeted at young university students and graduates who want to participate as guides in the different kinds of cultural tours organised at Hospital de Los Venerables.

To do this, the Foundation establishes a temporary working relationship with young students from the University of Seville in their last years of their Bachelor’s degrees or who have recently graduated and are interested in having initial contact with or experience in the working world.

In this programme, we provide prior training to volunteers, where they are given the materials and knowledge needed to host the guided tours, including the Foundation’s rules of conduct and a course on preventing occupational risks in conjunction with Abengoa’s Department of Occupational Risks.

Participation in the volunteer programme lasts ten months, from September to June, thus matching the academic calendar. After this period, the Foundation gives its volunteers a certificate to acknowledge the sociocultural work they have performed on behalf of Focus-Abengoa.

What is more, this initiative also has a special volunteer programme for individuals over the age of 65 who wish to spend part of their part time promoting and disseminating the history and artistic heritage of the city of Seville. This programme is promoted and coordinated by the Spanish Association of Senior Citizen Learning.

Other educational activities Volunteer programme

“Focus-Abengoa’s commitment to its volunteers is total, the means available are unique and the experience is unforgettable”.

Celia AcostaYoung cultural volunteer

“Each tour was the chance to share the history of Seville and learn something new”.

Rocío VargasVeteran cultural volunteer

42 Focus-Abengoa Foundation | 2013 annual report | Abengoa employees

Abengoa employeesSupporting our own

Abengoa, the company that gave rise to the Foundation, articulates part of the attention it pays to its employees through this programme and channels some of the services targeted at developing an efficient, committed organisation. The social action projects for employees make for a more flexible, effective workplace and facilitate workers’ identification with the corporate project, contributing to better prepare them for future challenges.

During 2013, we have continued to fulfil our mission of developing new sociocultural activities for Abengoa employees and have awarded more prizes:

_ Two to five prizes for compulsory secondary education _ Two to four prizes for baccalaureate _ Four to eight prizes for completing university studies _ Two prizes for furthering studies for students in higher level vocational training programmes _ Four to twenty prizes for professional advancement

Likewise, the PEyC programme (People, Education and Culture) enables Abengoa employees to volunteer wherever the Foundation performs its social development activities. This corporate social volunteer work was possible for the first time in Spain during financial year 2013 thanks to the development of the PEyC in the Torreblanca barrio of Seville.

Overview 2013

6 %of the Foundation’s

total budget

164 % increase in the budget€ 419,100 in investment

Aid to study a foreign language

2 higher-level vocational

training prizes

5 secondary ed. prizes

2 aids to high-er-level voca-tional training students for university

8 end of university

studies prizes

4 baccalaureate

prizes

20 prizes on Abengoa

programmes

Grant to further studies

abroad

2 mid-level vocational

training prizes


Main activities in 2013“Vuela” programmeThe “Vuela” programme offers an initial international professional experience targeted at the children of Abengoa employees which enables them to get to know another country and culture through its grants.

The main goal of the “Vuela” programme is for the children of Abengoa employees to get to know the company where their parents work and to learn more about it through real work experience. These practices last one month, and in order for them to be more culturally enriching, they must be done in a country other than the one where the awardees have studied.

The company in which the parent of the beneficiary works covers the cost of the awardee’s transport from their home country to the host country and also grants a monetary stipend of between € 1,000 and € 2,000 per month, depending on the cost of living in the host country, for accommodation and meals during the period of the grant.

“The Vuela interns always are particularly fond of what they represent”.

Andrea Muiño LópezAbengoa CSR Department

“I was able to learn how Abengoa works and have my first work experience. It has brought me so much both personally and professionally”.

Saila Neila JimenezVuela programme grant awardee

“It was a unique chance to get to know another culture and country. I was inundated with contrasts, challenges and new goals for my immediate working future”.

Ana Jiménez GonzálezVuela programme grant awardee

“Being a mentor in this programme is a privilege, and being able to guide and inspire the child of a colleague is also added motivation”.

Advisor in the “Vuela” programmeAbengoa CSR Department

For further information: http://www.focus.abengoa.es/web/es/empleados-abengoa/programa-vuela/index.html

http://www.focus.abengoa.es/web/es/empleados-abengoa/programa-vuela/index.html


Other activities for Abengoa employees

For further information: http://www.focus.abengoa.es/web/es/empleados-abengoa/

“25 years at Abengoa” ceremony Every year, the Focus-Abengoa Foundation celebrates a formal awards ceremony for employees who have reached their 25th anniversary with the company during that year.

With this tribute, the company, through its president Felipe Benjumea Llorente, recognises the effort and expresses its gratitude for the employees’ sacrifice and dedication to the company during their 25 years on staff.

Abengoa University

In the past 5 years…

More than 100 managers trained in MBA programmes.

More than 250 managers trained in the project management programme.

More than 150 managers trained in the project head programme.

More than 1,000 professionals trained in the executive skills programme.

Aware that organisations have to increase the potential of their human capital through training, continuous education and personal development, at Focus-Abengoa we have contributed to the growth of Abengoa professionals at all levels of the organisation for more than five years.

In order to achieve this goal, the Foundation forges alliances with some of the top educational institutions in the world which meet our requirements for quality in education because of their prestige and international outreach and the reputation of their instructors. One example is the Loyola Leadership School, our strategic partner in high-level training.

Visits and concertsOur employees may also enjoy free tours of the Hospital de los Venerables, the permanent collection at the Centro Velázquez and the temporary exhibitions. Plus they can enjoy discounts on the organ concerts and publications and other items in the Hospital de Los Venerables shop.

http://www.focus.abengoa.es/web/es/empleados-abengoa/


How we do it

“This is how we make our vision possible”

46 Focus-Abengoa Foundation | 2013 annual report | Our team

Our teamA team of committed professionals

Along with its artistic and cultural heritage, the team of professionals at Focus-Abengoa is the Foundation’s biggest asset. The involvement of the Board, the president and the Foundation’s other advisors is an essential, invaluable complement to the efforts of our professionals. Thus, the commitment and professionalism of our human capital enables our founder’s dream to remain valid today, and this is one of the keys to achieving our original mission.

At Focus-Abengoa, we are committed to developing the wellbeing of our team so that they can carry out their responsibilities in an efficient, satisfactory way. In 2013, we have continued to develop the social benefits offered to all our employees, primarily in the following ways: _ Aid and prizes for studying. _ Capital improvements in life and accident insurance policies and in

specialised medical services. _ Tracking of problematic cases of employees by Abengoa’s social action _ Cheques for restaurants, day cares and gyms and free transport. _ Summer residence in La Antilla.

Overview 2013

66 %of our employees are women

0.63 %job absenteeism rate

386 hoursof training per employee

One new hire in 2013

Our staff is made up of nine workers, five of whom have permanent contracts and four of whom are temporary. In 2013, we made one new hire and took on three professionals as temporary interns, making for a total number of 12 people working here, all in the Hospital de los Venerables.

On the other hand, no employees left the company in 2013, so the staff turnover rate was zero. Nor were there any maternity or paternity leaves, even though this is an established right whose hours can be added to those allowed for nursing leave. As a complement to the efforts of the Foundation’s team, at Focus-Abengoa we have a large international network of partners along with the exceptional help of our volunteers, so our sociocultural actions can be held completely and efficiently wherever the Foundation operates.


Training and developmentIn order to keep a highly qualified professional team, we actively encourage our employees to develop their skills in line with Abengoa’s corporate culture and the best practices on the market. In 2013, a total of 3,481 hours of training were delivered to all our employees in all their different professional categories.

Satisfaction and dialogue with employeesAt Focus-Abengoa, we have an annual climate survey to measure our professionals’ degree of satisfaction. What is more, our employees have direct access to the general manager to share their complaints and suggestions.

Balancing work and familyOur Foundation is aware of the need to have a pleasant working climate for our employees. For this reason, we firmly believe in the importance balancing professional and personal lives, and this takes shape in the following initiatives: _ Mobility and telecommuting: We improve the accessibility of online IT

applications to increase the efficiency of processes. _ Flextime: We offer different alternatives in the work calendar regarding

the beginning and end of the workday and lunch hours. _ Social assistance for employees: We offer our employees the possibility

of consulting, asking questions and requesting help with family, medical, social or economic problems. What is more, through the Human

Resources Department, the Foundation has a social fund to help its employees in times of dire need.

_ Medical services: The Foundation has an emergency medical service available all workday long, plus office hours and medical check-ups following a specific health maintenance programme.

Employee performance evaluation, remuneration and compensationAt Focus-Abengoa, we remunerate our employees according to their value and experience. Because of the job she holds, our General Manager is the only person with variable remuneration, and she earns the highest salary at the Foundation. In 2013, the relationship between the General Manager’s salary (including the variable portion) and the average salary of the other employees was 4.66 to 1. However, while the General Manager’s remuneration remained unchanged in 2013, the average salary of the other employees rose 0.07 %.

Company-worker relationsOne hundred percent of our employees are covered by a collective bargaining agreement. The Focus-Abengoa Foundation guarantees that all workers will be informed of any structural or organisational change at least 30 days in advance as a basic labour right.


Diversity and equal opportunities A constant focus on diversity and equal opportunities

Diversity is one of the Focus-Abengoa Foundation’s values. This is why it respects the equal opportunity of all its members and employees.

Below are the 2013 figures on diversity and equal opportunities:

_ A Board which is 13.6 % female, in which 100 % of its members are over the age of 50.

_ The Foundation’s staff is made up of 66 % women, and the average age of our employees is:

56 %between 30 and 50

11 %under the age of 30

33 %over the age of 50




Safety and healthA safe, healthy environment

The safety and health policies implemented in Focus-Abengoa are an extension of the same policies implemented by Abengoa.

The Foundation currently has a safety and health committee, but it is affiliated with Abengoa’s Pooled Prevention Service, which makes the following possible:

_ To perform quarterly follow-ups on prevention with the management, the two prevention agents, the technician and the head of Abengoa’s Pooled Prevention Service.

_ To benefit from training and information programmes on this topic with the purpose of improving safety and preserving the health of all our workers.

In 2013, Focus-Abengoa workers only had common illnesses, and the work absenteeism rate was just 0.63 %. One hundred percent of the leaves were for women, and there were no accidents with outsourcers.

Improvement of the processof reviewing outsourcers

Implementation of the Prisma system for maintenance workers

Training of volunteers on safety and health matters


Our culture of prevention is based on constant improvement of our workers’ safety conditions in an effort to reduce occupational accidents and work-related illnesses. The success of this commitment can be seen by occupational accident rate, which has been 0 % since 2007.

Focus-Abengoa has an internal system to record and report accidents:

_ Reporting accidents with and without leaves of absence from work via Abengoa’s occupational risk prevention technician and the administrative staff member of the insurance company.

_ The accidents with and without leaves of absence from work are recorded by the administrative department of the company Gestión Integral de Recursos Humanos (GIRH), which informs the corresponding insurance company of any occupational accidents through the Plan Delta electronic declaration system, a system approved by order TAS/2926/2002, which makes electronic notification of occupational accidents possible.

The training that the Foundation provides on safety and health is another of the keys to our success. We train our employees according to the risk assessment

of each job, and we additionally provide in-person training in putting out fires and first aid as part of the emergency plan both at the Foundation’s headquarters and at the Focus-Abengoa Campus.

At the Campus, which is headquartered in the Casa Quemada estate, a variety of educational programmes are held for Abengoa employee. The main purpose of these programmes is to educate on the history, landscape, archaeology, technology and the environment. This includes an exhibition on the relationship between the historical and environmental elements in the zone, the Solúcar platform, the different sources of energy and changes in the landscape throughout history.

There are no workers on our staff who perform jobs which entail the risk of developing illnesses.


50 Focus-Abengoa Foundation | 2013 annual report | Economic performance


Overview 2013

€ 6,429,411.93 total investment in 2013

2,5 %less than in 2012

“Our donationscome wholly from Abengoa”

Responsible economic managementThe Foundation’s mission is not to create wealth but to promote and disseminate culture and social development, so efficient and responsible management of our resources is essential to fulfilling our mission.

Focus-Abengoa had positive financial results in 2013 in line with the responsible, efficient management of our resources.

Due to the sociocultural role played by the Focus-Abengoa Foundation, in 2013 no risks or opportunities derived from climate change were detected.

In 2013, there were no major changes in the Foundation’s supply chain. We have kept up our customary relationships with our 20 suppliers, mainly contractors and wholesalers from Seville and its environs, who supply things like essential energy, water, safety, cleaning, courier, gardening and facility maintenance services.

2012 2013

Net turnover 201,411.98 156,312.40Supplies (84,840.79) (167,986.36)Other operating income 6,479,274.22 6,290,367.18

Personal expenditures (381,172.36) (707,869.79)

Other operating costs (5,916,452.61) (5,242,812.69)Depreciation of fixed assets (146,120,35) (151,829.76)Other results 0 10,785.03Operating result 152,100.09 186,966.01Financial result 70,132.41 8,994.71Result of the financial year 222,232.50 195,960.72

The approximate amount of payments made to suppliers in 2013 was around 600,000 euros.

Indirect economic consequencesAt Focus-Abengoa we understand that our social development efforts affect people’s wellbeing and quality of life. In conjunction with Abengoa, the Foundation participates actively in the countries where it is present via altruistic investments in social programmes for the local communities. In 2013, for example, we took on the commitment to

invest 189,000 euros pro bono to develop a thermosolar plant in India.

The socioeconomic impacts of the Foundation in the local communities where it carries out its mission are always positive. Through our PEyC (People, Education and Communities) programme, we generate a significant indirect socioeconomic impact. In 2013, the efforts we made in the Torreblanca barrio

of Seville meant savings for the public treasury and a benefit for the community.

What is more, a socioeconomic study performed in 2012 demonstrated that the Hospital de los Venerables generates an indirect yet highly positive economic impact on all the commercial establishments located near it thanks to the constant influx of visitors.

For further information: Annual accounts

51 Focus-Abengoa Foundation | 2013 annual report | About this report

About this report

Scope of the informationThe information included in this Annual Report refers to all the activities performed by the Focus-Abengoa Foundation in 2013.

This report presents consolidated figures, although there are particularities in some chapters. In order to facilitate comparability, sometimes the figures presented refer to financial year 2013.

Fulfilment of reference standardsThe 2013 Annual Report of the Focus-Abengoa Foundation fulfils the most widely recognised international standards in writing reports of this kind. This time, the Foundation has drawn up its report in line with the latest version of the Sustainability Reporting Guidelines of the Global Reporting Initiative (G4).

In this sense, the Foundation believes that the report has been drawn up in accordance with the GRI G4 at its comprehensive level. In line with the recommendations of the Global Reporting Initiative, the equitable, reasonable presentation of the organisation’s performance requires certain principles to be applied to determine the content of the public information shared and to ensure its quality.

The consideration of the principles set forth below ensures that the information meets the characteristics required by the GRI.

Stakeholder inclusiveness The organisation should identify its stakeholders and explain how it has responded to their reasonable expectations and interests.

This report contains the definition of the main stakeholders of the Focus-Abengoa Foundation and indicates the main channels of communication with them. What is more, it has also outlined the actions used to establish a two-way dialogue.

To draw up this 2013 Annual Report, the Focus-Abengoa Foundation enlisted the participation of all its main stakeholders.

Sustainability contextThe report should present the organisation’s performance in the wider context of sustainability.

This report contains the Focus-Abengoa Foundation’s performance in the economic, social and environmental spheres. One of the Foundation’s missions is its commitment to generate value in a way that is responsible with the environment and society, and so this report contains the main challenges related to sustainable development.

Principle of materialityThe report should cover aspects that reflect the organisation’s significant economic, environmental or social impacts; or substantively influence the assessments and decisions of stakeholders.

For the 2013 Annual Report, we considered the issues identified in the materiality study performed for that purpose to be material, and therefore they have been included in this report.


Principle of completeness The report should include coverage of material aspects and their boundaries, sufficient to reflect significant economic, environmental and social impacts, and to enable stakeholders to assess the organisation’s performance in the reporting period.

We have clearly defined the coverage and scope of the information contained in this report. We have prioritised anything considered relevant and have included all the significant events that happened in 2013, without forgetting information that may be useful for the Foundation’s stakeholders. With regard to coverage, we have included information that is relevant to the Focus-Abengoa Foundation.

Principle of balance The report should reflect positive and negative aspects of the organisation’s performance to enable a reasoned assessment of overall performance.This report clearly outlines the positive aspects of the organisation’s performance as well as the aspects that need improvement, which enables it possible to make a reasoned assessment of the Foundation.

Principle of comparabilityThe organisation should select, compile and report information consistently. The reported information should be presented in a manner that enables stakeholders to analyse changes in the organisation’s performance over time, and that could support analysis relative to other organisations.The information has been compiled following the indicators recommended by the Global Reporting Initiative (GRI) so that all the stakeholders can interpret the changes that the organisation has undergone over time and compare them with other organisations that also report following the GRI’s standards.

Accuracy and clarity The reported information should be sufficiently accurate and detailed for stakeholders to assess the organisation’s performance. The organisation should make information available in a manner that it is understandable and accessible to stakeholders using the report.All the information contained in this report is necessary and is presented with enough detail so that the Foundation’s stakeholders can adequately assess its performance. We have included tables, graphs and schemes which help to make the information contained in the report more understandable. We have also tried to avoid technical jargon which might be confusing for the stakeholders.

Timeliness The organisation should report on a regular schedule so that information is available in time for stakeholders to make informed decisions.The Focus-Abengoa Foundation has a formal commitment to report to its stakeholders annually on its economic, social and environmental performance.

Principle of reliability The organisation should gather, record, compile, analyse and disclose information and processes used in the preparation of a report in a way that they can be subject to examination and that establishes the quality and materiality of the information.The information contained in this report comes from the policies and procedures included in the Focus-Abengoa Foundation’s systems, whose purpose includes ensuring that the information is properly presented to third parties.


Materiality (G4-17, G4-18, G4-22)

Process of determining materialityThe Foundation has made an in-depth study of the sector of non-governmental organisations as part of the process of determining its materiality, taking as its starting point the 46 aspects of specific content defined in the latest version (G4) of the Sustainable Reporting Guidelines issued by the Global Reporting Initiative (GRI).

In this analysis, we have identified different important topics among the aspects defined as “general” and “specific” by the GRI’s G4 Guidelines. What is more, due to the unique nature of the sector of non-governmental organisations, other important aspects for the Focus-Abengoa Foundation not defined in these Guidelines were also identified. Thanks to this materiality analysis, Focus-Abengoa has established a definition that is more in line with its priorities as a foundation and the social mission of its actions.

The definition of important topics is the outcome of the following process:

1. Identification of important topics Based on the 46 specific aspects included by GRI in its Sustainability Reporting Guidelines (version G4), an analysis of the principles, variables and rankings of non-profit organisations was performed by prime institutions and motivators.

What is more, the expectations identified by the GRI for the sector were analysed, which come from its stakeholders, along with the press appearances during the last part of 2013. Finally, we took into account the repertoire of relevant aspects identified by Abengoa in its own materiality analysis and the main trends in the sector of non-profit organisations.

The Focus-Abengoa Foundation has considered the following motivators when identifying its material topics:

Variables, principles and recommendations

of benchmark institutions

Abengoa’s materiality

GRI’s “sustainable topics” for the NGO

sector

Main trends in the sector

Analysis of the press

OECD and UN Global Compact


2. Prioritising the topicsThe topics identified were prioritised based on the consideration of these aspects in the sources analysed and the importance previously assigned to each source according to their importance for Focus-Abengoa.

The end result was a ranked repertoire of 15 relevant aspects.

3. Internal validation After identifying and prioritising the topics, we consulted with the heads of the Focus-Abengoa Foundation in order to validate and assess the important topics identified. Additionally, we performed the same process with Abengoa’s Department of Corporate Social Responsibility.

Both validations joined the ones we already had to yield the definitive weight of each important topics.

4. Selection of the final repertoireWe considered all the aspects with an importance over 3 % in their overall weight over a cumulative total of 100 %, which yielded a total of 12 aspects on which we have reported in the 2013 Annual Report.

The repertoire also includes certain aspects identified in the GRI’s Sustainable Reporting Guidelines (version G4) which the Foundation already reported on in previous editions but which in this new version focus on responding to the main requirements of the sector and the information expectations of our stakeholders.

On the other hand, we have included other important topics for the Foundation which are not part of the GRI’s Guidelines (G4), such as informational transparency and innovation. We have also provided in-depth information on these topics in our 2013 Annual Report.

The purpose of prioritising the important topics identified is to determine which are the most

important.

II

The process begins by identifying the important topics, and the Foundation takes into account the repercussions in its

value chain.

1

By validating the ranking of important topics for the

Foundation and Abengoa, we define the list of specific contents

to be included in the annual report.

III

We then select the final repertoire of important

topics for the Focus-Abengoa Foundation.

IV


Material aspects in the value chain and level of coverage (G4-20, G4-21)

Focus-Abengoa has identified the materiality from two perspectives: its rank in the value chain where this aspect is important and the coverage of the impact, that is, the impact of this aspect inside or outside the Foundation and, consequently, in the stakeholders affected by it.

Value chain

Materiality ranking Important aspects Fundraising Planning Contribution

Impact inside or outside the organisation by stakeholder

Chapter where the topic is covered

24 % Governance ICG X X X Abengoa, employees Transparency

16.2 % Informational transparency NA X X X Beneficiaries, society, education and research, media Transparency

9.9 % Ethics and integrity ICG X X X Abengoa, employees, beneficiaries, suppliers, other partners Transparency

7.7 % Economic performance EC X X X Abengoa, beneficiaries Style

7 % Work LA X Abengoa, employees Style

4.8 % Diversity and equal opportunities LA X X Employees, society Style

4.7 % Safety and health LA X Employees Style

4.7 % Local communities SO X X X Beneficiaries, society Action

4.2 % Innovation NA X X X Abengoa, beneficiaries, employees, education and research Action

4 % Stakeholder engagement ICG X X X All stakeholders Transparency

3.8 % Indirect economic consequences EC X Beneficiaries, society Style

3 % Anti-corruption SO X X X Abengoa, society Action


Meaning of the important aspects identified for Focus-Abengoa

The table below contains the specific meanings of the important aspects identified for the Focus-Abengoa Foundation during the materiality process. The information contained in this 2013 Annual Report has focused on these meanings.

Governance Structure of the organisation and how the governance body works and is regulated.


Development and management of financing.

List and description of the executive or functional directors and the key staff in the organisation.

Dependence on large donors.

Account audits and control of funds. The Foundation’s performance.

Planning and follow-up of activities. Work Job conditions and practices.Investment policy. Balancing work and family life.Policy on conflicts of interest. Competitive salary and benefits.Executive compensation process. Employee turnover.Gender participation in the governance body. Diversity

and equal opportunities

Policies on diversity and equal opportunities.Interaction and coordination with other organisations. Practices regarding disabilities.

Structure of the organisation and how the governance body works and is regulated.

Safety and health Safety and health of employees and subcontractors.

Informational transparency

Mission/declaration of the organisation’s social purpose. Local communities

Promoting and raising the public’s awareness of the Foundation’s cause/activity.

Publication of activities and beneficiaries. Fostering volunteerism.Transparency and communication of financial information. Innovation Centre for the integration and exchange of knowledge.Process of managing grants and opinion and consultation mechanisms for beneficiaries.

Improving efficiency and new avenues of activity.

Declaration of the current economic conditions that affect the organisation’s activity.


Existence of systems or relationship programmes with the stakeholders.

Activity on social media and development of a complete website.

Indirect economic consequences

Indirect economic impacts on the local communities.


Procedures in ethics and integrity matters (code of conduct, ethics audit, grievances for a lack of ethics/integrity).

Anti-corruption Corruption and fraudulent practices.

Ethical code on raising funds/financing.Ethics audit.

57 Focus-Abengoa Foundation | 2013 annual report | Appendix I – GRI standard index

Appendixes

Appendix I – GRI standard indexThe table below identifies the chapters and pages from the Focus-Abengoa Foundation’s 2013 Annual Report where the standards established by the Global Reporting Initiative (GRI, version G4) appear.

General standard disclosures

General standard disclosures Page

OmissionsIn exceptional cases, if it is not possible to disclose certain required information, provide the reason for omission.

Reason for the omissionIn exceptional cases, if it is not possible to disclose certain required information, provide the reason for omission.

Explanation of the omissionIn exceptional cases, if it is not possible to disclose certain required information, provide the reason for omission.

External assuranceIndicate if the element of basic content has been externally assured. If so, indicate the page reference for the External Assurance Statement in the report.

Strategy and analysis

G4-1 Page 4 Not applicable Not applicable Not applicable


Organisational profile










G4-12 Pages 46, 48 Not applicable Not applicable Not applicable








G4-13 Pages 7, 47, 48 Not applicable Not applicable Not applicable




Identified material aspects and boundaries

G4-17 Page 51 Not applicable Not applicable Not applicable This indicator has not been externally verified



















Report profile





G4-32 Pages 49, 55 Not applicable Not applicable Not applicable

G4-33

The Focus-Abengoa Foundation has not externally assured its 2013 Annual Report.

Not applicable Not applicable Not applicable

Gobierno


G4-35 Page 17

G4-36 Page 16

G4-37 Page 17

G4-38 Pages 16, 18

G4-39 Page 16

G4-40 Page 16

G4-41 Page 17








G4-42 Page 17

G4-43 Page 17

G4-44 Page 17

G4-45 Page 17

G4-46 Page 17

G4-47 Page 17

G4-48 Page 17

G4-49 Page 17

G4-50 Page 17

G4-51 Page 16

G4-52 Page 16

G4-53 Page 16

G4-54 Page 46

G4-55 Page 46



G4-57 Page 20

G4-58 Page 20


Specific standard disclosures

Management approach indicators Page

OmissionsIn exceptional cases, if it is not possible to disclose certain required information, the report should clearly explain the reasons why the information has been omitted.

Reason for the omissionIn exceptional cases, if it is not possible to disclose certain required information, the report should clearly explain the reasons why the information has been omitted.



Category: Economic

Aspect: Economic performance

G4-DMA Page 48

G4-EC1 Page 48

G4-EC2 Page 48

G4-EC3The coverage of the Foundation’s obligations derived from its loan plan.

The basic standard disclosure or specific part of it is not applicable.

Currently, the Focus-Abengoa Foundation does not have pension plans for its employees.

G4-EC4 Page 48

Aspect: Indirect economic impacts

G4-DMA Page 48

G4-EC7 Page 48

G4-EC8 Page 48

Category: Social

Sub-category: Labour practices and decent work

Aspect: Work

G4-DMA Page 45

G4-LA1 Page 45

G4-LA2 Page 45

G4-LA3 Page 45


Specific standard disclosures

Management approach indicators Page

OmissionsIn exceptional cases, if it is not possible to disclose certain required information, the report should clearly explain the reasons why the information has been omitted.

Reason for the omissionIn exceptional cases, if it is not possible to disclose certain required information, the report should clearly explain the reasons why the information has been omitted.



Aspect: Occupational health and safety

G4-DMA Page 47

G4-LA5 Page 47

G4-LA6 Page 47

G4-LA7 Page 47

G4-LA8 Formal agreements with unions on health and safety matters.

The specific basic content or part of it is not applicable.

The Focus-Abengoa Foundation does not have union representation. The Foundation is integrated within Abengoa’s union structure.

Aspect: Diversity and equal opportunity

G4-DMA Page 46

G4-LA12 Page 46

Sub-category: Society

Aspect: Local communities

G4-DMA Page 23

G4-SO1 Page 23

G4-SO2 Page 23

Aspect: Anti-corruption

G4-DMA Page 20

G4-SO3 Page 20

G4-SO4 Page 20

G4-SO5 Page 20

63 Focus-Abengoa Foundation | 2013 annual report | Appendix II - Annual accounts and Auditors’ Report

Appendix II - Annual accounts and Auditors’ Report

64 Focus-Abengoa Foundation | 2013 annual report | Appendix III - Certificate of emissions

Appendix III - Certificate of emissions

© Focus-Abengoa Foundation

Hospital de los Venerables, Plaza de los Venerables, 8 - 41004 Seville (Spain).

Phone: +34 95 456 26 96 - Fax: +34 95 456 45 95 - [email protected]

mailto:focus%40abengoa.com?subject=

Government & Nonprofit

Focus-Abengoa Foundation 2013 Annual Report