Sustainability report 2019

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CLIMATE CHANGE MITIGATION

OUR IMPACT AND MANAGEMENT APPROACH Climate change and its consequences are increasingly urgent topics for society and our sector to address. At Boskalis, we contribute to greenhouse gas emissions mainly through our fleet operations, which account for around 99% of our Scope 1 and 2 CO 2 footprint and in 2019 this totaled 1.11 million MT. In 2019 we refreshed our CO 2 emissions reduction program. The taskforce overseeing the program is chaired by a member of the Board of Management, and the program itself focuses on five areas of carbon management: ‚ ‚ Fuel efficiency: A focus on economically feasible technical measures and measures to influence behavior of our crew. ‚ ‚ New energy sources: researching, investigating, piloting and scaling sustainable fuels and energy sources.

‚ ‚ Trends and regulation: keeping a close eye on emerging regulations and future trends in low carbon shipping. ‚ ‚ Commercial offering: increasing awareness of our solutions and making it simpler for our clients to select lower carbon options for their projects. ‚ ‚ Carbon offset and credits: exploring options for offset and preparing for potential future carbon markets. OUR CARBON EMISSIONS IN 2019 In 2019 total Scope 1 and 2 CO 2 emissions of the group amounted to 1.11 million MT (2018: 1.18 million). We measure and report on the fleet’s total CO 2 emissions based on fuel consumption. In 2019 we recorded a slightly lower total Scope 1 (1.11 million MT) CO 2 emissions compared to 2018 (1.18 million MT). The emissions from our offices remain the same.

MANAGING OUR IMPACT ON THE ENVIRONMENT SUSTAINABILITY REPORT 2019 – BOSKALIS