To the Stakeholders of Royal Boskalis Westminster N.V.
Assessment Standard We performed our work to a limited level of assurance in accordance with International Standard on Assurance Engagements (ISAE) 3000 Revised, Assurance Engagements Other than Audits or Reviews of Historical Financial Information (effective for assurance reports dated on or after December 15, 2015), issued by the International Auditing and Assurance Standards Board. Summary of work performed As part of our independent verification, our work included: 1. Conducting interviews with relevant personnel of Boskalis; 2. Reviewing the data collection and consolidation processes used to compile the Selected Information, including assessing assumptions made, collection processes, and the data scope and reporting boundaries; 3. Reviewing documentary evidence produced by Boskalis; 4. Confirming the accuracy of a selection of the Selected Information to the corresponding source documentation; 5. Reviewing Boskalis systems for quantitative data aggregation and analysis; 6. Performing analytical procedures of the Selected Information; 7. Re-performing aggregation calculations of the Selected Information; and 8. Assessing the disclosure and presentation of the Selected Information to ensure consistency with assured information. Conclusion On the basis of our methodology and the activities described above, nothing has come to our attention to indicate that the Selected Information is not fairly stated in all material respects. Statement of Independence, Integrity and Competence Bureau Veritas is an independent professional services company that specialises in quality, environmental, health, safety and social accountability with over 185 years’ history. Its assurance team has extensive experience in conducting verification over environmental, social, ethical and health and safety information, systems and processes. Bureau Veritas operates a Quality Management System which complies with the international standards and accordingly maintains a comprehensive system of quality control including documented policies and procedures regarding compliance with ethical requirements, professional standards and applicable legal and regulatory requirements. Bureau Veritas has implemented and applies a Code of Ethics, which meets the requirements of the International Federation of Inspections Agencies (IFIA) 1 , across the business to ensure that its employees maintain integrity, objectivity, professional competence and due care, confidentiality, professional behaviour and high ethical standards in their day-to-day business activities. The assurance team for this work does not have any involvement in any other Bureau Veritas projects with Boskalis.
Appendix SUSTAINABILITY REPORT 2019 – BOSKALIS Introduction and objectives of work Bureau Veritas Inspection & Certification The Netherlands B.V. (Bureau Veritas) was engaged by Royal Boskalis Westminster N.V. (Boskalis) to provide limited assurance over selected performance indicators to be presented in its sustainability report 2019 (“the Report”). This Assurance Statement applies to the related information included within the scope of work described below. Scope of work The scope of our work was limited to assurance over the following information included within the Report for the period 1st January to 31st December 2019 (the ‘Selected Information’): Direct greenhouse gas (GHG) emissions (Scope 1); Fuel consumption of marine gas oil (MGO) and heavy fuel oil (HFO) from the fleet; Number of employees broken down by: - employment contract (permanent or temporary contract) and by gender; - employment type (part-time, full-time) and by gender; - country and number of nationalities; Inflow and outflow of employees broken down by age (<30, 30-50, >50) and gender, and outflow by reason; Percentage of employees covered by collective bargaining agreements broken down by gender; Composition of workforce broken down by gender and by age (<30, 30-50, <50); Number of training hours broken down by gender and by job category (management, office staff, project staff, crew/yard staff); Talent management and engagement; Lost Time Injury Frequency (LTIF) and Total Recordable Injury Rate (TRIR); Total number of Lost Time Injuries (LTIs) and fatalities; Prevention of occupational and other diseases; Spend represented by strategic suppliers; and Percentage of strategic suppliers who have signed the Boskalis Supplier Code of Conduct. Reporting criteria The Selected Information are reported according to the Boskalis “Reporting Principles”, a copy of which is available in the Appendix of the Report. Limitations and Exclusions Excluded from the scope of our work is any verification of information relating to: Activities outside the defined verification period; Positional statements of a descriptive or interpretative nature, or of opinion, belief, aspiration or commitment to undertake future actions; Financial data taken from the Annual Report and disclosed in the Report which are audited by an external financial auditor, including but not limited to any statements relating to production, tax, sales, and financial investments; and Other information included in the Report other than scope defined above. This limited assurance engagement relies on a risk based selected sample of sustainability data and the associated limitations that this entails. This independent statement should not be relied upon to detect all errors, omissions or misstatements that may exist. Responsibilities The preparation and presentation of the Selected Information in the Report are the sole responsibility of the management of Boskalis. The responsibilities of Bureau Veritas were to: Obtain limited assurance over the Selected Information; Form an independent conclusion based on the assurance procedures performed and evidence obtained; and Report our conclusions to the Board of Management.
Bureau Veritas Inspection & Certification The Netherlands B.V.
Anton Kerbusch, Certification Director Amersfoort, 4 March 2020
1 International Federation of Inspection Agencies – Compliance Code – Third Edition