Annual report 2019

54

SUSTAINABILITY

The principal strategic objective of Boskalis is the creation of long-term sustainable profitability. The systematic execution of the corporate strategy, that is reviewed regularly in light of relevant market developments, is key to our success. Our sustainability strategy is derived from the corporate business strategy, and ongoing interaction and dialogue with our stakeholders. We aim to create new horizons for our clients and stakeholders based on sustainable profitability.

ISSUE INPUT

OUTCOME

report of the board of management ANNUAL REPORT 2019 – BOSKALIS CLIMATE CHANGE ‚ ‚ Energy transition, particularly through offshore wind ‚ ‚ Adaptation through coastal defense and riverbank protection ‚ ‚ Mitigation through low-carbon solutions for clients ‚ ‚ Mitigation through reductions in emission in our operations and supply chain BIODIVERSITY AND ECOSYSTEMS ‚ ‚ Protection and enhancement of ecosystems through Building with Nature approach IMPACT ON LOCAL COMMUNITIES ‚ ‚ Stakeholder engagement ‚ ‚ Community investments ‚ ‚ Social Impact Program ‚ ‚ Operating around the world CARE FOR OUR PEOPLE ‚ ‚ NINA ‚ ‚ Talent management ‚ ‚ Engineering expertise RESPONSIBLE BUSINESS CONDUCT ‚ ‚ Codes of Conduct ‚ ‚ Boskalis Way of Working FINANCIAL CAPITAL ‚ ‚ Strong balance sheet ‚ ‚ Funding (equity & debt)

CLIMATE CHANGE ‚ ‚ Projects on coastal defense and riverbank protection ‚ ‚ Contribution to renewable energy and energy transition ‚ ‚ Greenhouse gas emission for fleet, offces and projects

PURPOSE We create and protect welfare and advance the energy transition

BIODIVERSITY ‚ ‚ Building with Nature approach projects

N

I

L

&

A

N

G

D

N

I

I

IMPACT ON LOCAL COMMUNITIES ‚ ‚ Investments for social impact/community ‚ ‚ Human rights ‚ ‚ Environmental and Social Impact Assessments (ESIA) ‚ ‚ Job creation CARE FOR OUR PEOPLE ‚ ‚ Health and safety ‚ ‚ Learning and development, training ‚ ‚ Innovation capabilities and knowledge sharing

N

G

F

D

R

E

A

R

D

CREATING NEW HORIZONS

T O W A G E

R G Y

N E

E

E

&

R

S

O

A

H

L

S

V

F

A

F

G

O

E

RESPONSIBLE BUSINESS CONDUCT ‚ ‚ Continue to follow codes of conduct ‚ ‚ Responsible business conduct ‚ ‚ Responsible sourcing

STRATEGY Focus Sustainable Growth HR Excellence

FINANCIAL CAPITAL ‚ ‚ Dividend & share buy backs ‚ ‚ Taxes ‚ ‚ Market capitalization