Sustainability report 2019

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IMPACTS

THE BOSKALIS VALUE CREATION MODEL

CLIMATE CHANGE ‚ ‚ Limiting the consequences of climate change through our coastal defense and riverbank protection projects ‚ ‚ Contributing to clean energy through our renewable energy projects ‚ ‚ Reduce our own negative impact through operational emissions management BIODIVERSITY ‚ ‚ Projects that reduce negative and enhance positive biodiversity impacts IMPACT ON LOCAL COMMUNITIES ‚ ‚ Services that contribute to a safer, healthier and more prosperous local community ‚ ‚ A positive contribution to economic growth and job creation

We have illustrated our value creation model, showing inputs, outcomes and impacts across six themes. The development of the model was informed by the International Integrated Reporting Council framework. Our most material issues are incorporated into the model. In each of the steps we touch upon our contribution to the different SDGs. We are a project-based organization. Therefore, we have set out the key elements that are relevant for each project, and how we create value along the way. Input We use the input in the execution of our strategy. The five material themes are the backbone of our sustainability report. The sixth (financial capital) is presented in our Annual Report. Boskalis business Our market-facing divisions – Dredging & Inland Infra, Offshore Energy and Towage & Salvage – execute our business strategy based on our company culture and its core values: safe (NINA), professional, entrepreneurial, team player and responsible. Outcome & Impact The outcome and impact of our business model in terms of sustainability correspond to the focus areas as described in our sustainability strategy (page 18).

CARE FOR OUR PEOPLE ‚ ‚ A safe and inspiring work environment with skilled and engaged employees

RESPONSIBLE BUSINESS CONDUCT ‚ ‚ Satisfied clients ‚ ‚ Improved supply chain sustainability practices

FINANCIAL CAPITAL ‚ ‚ Long-term sustainable profit

You can read more about our approach to managing social and environmental impacts in the respective chapters of this report.

SUSTAINABILITY REPORT 2019 – BOSKALIS