Boskalis_Annual Report_2017
report of the board of management ANNUAL REPORT 2017 – BOSKALIS 48 CORPORATE SOCIAL RESPONSIBILITY STRATEGY Focus Optimize Expand IMPACT ON LOCAL COMMUNITIES Stakeholder engagement Community investments Social Impact Program Operating in 90 countries IMPACT ON THE ENVIRONMENT Natural resources Energy Environmental expertise CARE FOR HUMAN CAPITAL NINA Talent management 10,700 employees Engineering expertise BUSINESS CONDUCT Codes of Conduct Business principles Boskalis Way of Working FINANCIAL CAPITAL 900 vessels Strong balance sheet Funding (shareholder equity & debt) GROWTH IN TRADE MACRO DRIVERS INPUT GROWING DEMAND FOR ENERGY
The principal strategic objective of Boskalis is the creation of long-term sustainable proftability. Systematic execution of the corporate strategy, that is reviewed regularly in light of relevant market developments, is key to our success. Our CSR 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 proftability. In our separate CSR report we account in detail for material and relevant non-fnancial aspects of our performance arising from our strategy and core activities. We report in accordance with the international guidelines set out in the Global Reporting Initiative (GRI) standard.
BOSKALIS BUSINESS
OUTCOME
MISSION Leading dredging and marine experts
IMPACT ON LOCAL COMMUNITIES Local development Long-term relationships Partnerships IMPACT ON THE ENVIRONMENT Biodiversity and ecosystems Emissions Climate change adaptation CARE FOR HUMAN CAPITAL Health & Safety Sustainable employability Fair labor practices
P R O F E S S I O N A L I S M D R E D G I N G & I N L A N D I N F R A T O W A G E & S A L V A G E O F F S H O R E E N E R G Y E N T R E P R E N E U R S H I P T E A M W O R K CREATING NEW HORIZONS
BUSINESS CONDUCT Responsible business conduct Responsible sourcing
FINANCIAL CAPITAL Dividend Taxes Market capitalization
GROWING GLOBAL POPULATION
CLIMATE CHANGE
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