Sustainability report 2019

19

SUSTAINABILITY FRAMEWORK

Purpose – We create and protect welfare and advance the energy transition. Mission – We strive to be the leading dredging and marine contracting experts, creating new horizons for all our stakeholders.

SHARED VALUE FOCUS AREAS Creating economic value while addressing societal needs and challenges

TOPIC

AMBITION

SCOPE

TARGET

Play an active role in advancing the energy transition and help deliver the energy infrastructure that society needs while enhancing the competitiveness of our company

Offshore wind energy projects that help advance the energy transition

Expand and strengthen our market position, capabilities and service offering in renewable energy services to serve a wider range of clients and geographies to support the energy transition, through profitable projects Incorporate sustainable solutions (low carbon or nature based solution) into commercial offerings in renewables market by 2023 Share our knowledge and explore new types of climate change adaptation project financing, to expand our capabilities and service offering to deliver profitable adaptation projects Incorporate sustainable solutions (low carbon or nature based solution) into commercial offerings in climate adaptation market by 2023 To prevent any oil (products), pollutants and/or hazardous cargo from salvaged vessels entering the marine and coastal environment

Climate change: energy transition

Through our projects create shared value by safeguarding people and nature from the impacts of climate change and at the same time, grow our business

Flood protection related activities for coastal/river regions at risk from climate change (extreme weather, flooding or rising seas)

Climate change: adaptation

Through our salvage business help keep our global seas and oceans clean

Salvage (emergency response services, environmental services and wreck removal)

Protecting economic value and marine ecosystems

SUSTAINABILITY FOCUS AREAS Mitigating negative or enhancing positive impacts

TOPIC

AMBITION

SCOPE

TARGET

Be an industry leader in carbon reduction and drive competitive advantage though our ability to offer low carbon solutions for our clients

Carbon emissions of own operations (scope 1 & 2)

Net Zero by 2050

Climate change: mitigation

Carbon emissions of supply chain (scope 3)

Instigate initiatives for scope 3 emissions reduction where feasible on the basis of impact and influence

Lead our industry in the development of nature-based solutions to protect and enhance coastal ecosystems Benefit the communities where we work by working with local suppliers, building local skills and seeking opportunities for community contribution To offer competitive working and labor conditions, interesting work, a culture of trust and recognition and opportunities to develop and grow

To be worked out through partnerships and (NGO) collaborations

Establish collaboration(s) by end 2020

Biodiversity and ecosystems

Own operations and supply chain

In 2020 build a local content toolkit for projects and a guideline for social impact management in projects

Local community and development

All Boskalis employees working in/from the Netherlands

Improve internal mobility and retention and review and refresh our approach to performance management and talent development

Employee and talent development

No Injuries, No Accidents based on a strong safety culture as our core value

Boskalis employees and subcontractors Lost Time Injuries (LTI) = 0.0

Safety

Total Recordable Incident Rate (TRIR) = 0.0

RESPONSIBLE BUSINESS FOUNDATIONS

SUSTAINABILITY REPORT 2019 – BOSKALIS