Economic and management information

Adif is a public body, part of the institutional public sector. In terms of its performance, the entity is subject to the general principles of legality, efficiency, budgetary stability and financial sustainability, as well as the principle of management transparency.
Within the framework of corporate sustainability information, to give greater prominence to sustainability reporting and extend the obligations of the Non-Financial Reporting Directive (NFRD), transposed into Spanish law through Law 11/2018, Directive 2022/2464 of the European Parliament and of the Council, of December 14, 2022, on Corporate Sustainability Reporting (CSRD), a common framework for reporting sustainability information is established, bringing thsi data to the same level as the financial information. This also requires the reported information to relate to the company's own operations and value chain in accordance with the ESRS Sustainability Standards.

The CSRD is currently under review (Omnibus Package) with the aim of simplifying sustainability disclosure and due diligence requirements by, among other measures, delaying the implementation date and increasing the applicability thresholds for companies subject to the requirements.

Given that the CSRD Directive has not yet been transposed into Spanish law, the 2024 Management Report includes the Sustainability Statements in accordance with a hybrid model that meets the requirements of Law 11/2018 on Non-Financial Information and Diversity, currently in force with regard to sustainability reporting, as well as those of the CSRD Directive. The Entity has thereby made a considerable effort to initiate a transition in sustainability reporting in order to adapt to the new obligations in this area.

This report takes into account the double materiality (impact and financial materiality), reflected in its Management Report since 2022, by reporting on how sustainability issues affect the business and value chain, as well as the external impacts of the company's activities on people, the environment, and governance.  Qualitative, quantitative, forward-looking and retrospective information covering short-, medium- and long-term time horizons is also reported.

The ultimate goal of the Sustainability Statement is to create value for our stakeholders, based on transparency on ESG issues that go beyond financial matters.

In Governance, in the Sustainability section of this website you can find more information about the relevant aspects of good governance and transparency that govern the organization's actions, as well as a brief overview of the Management Reports.

Evolution of railway traffic, measured as trains per kilometer (use of the railway line by a train over one kilometer) on a monthly and cumulative basis.