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Boskalis jaarverslagen 2012

Risks and opportunities in the chain

Effective management of both risks and opportunities is essential to the successful implementation of our strategy. We have taken steps to ensure that risks and opportunities are identified, quantified and monitored, particularly in relation to the preparation and execution of projects, and these activities are managed centrally from the head offices in Papendrecht.

A detailed description of the risk management and the management processes with respect to the main strategic, operational and financial risks can be found on pages 49-54 of our 2014 Annual Report. We provide an indication below of how we mitigate the main social and environmental risks in our chain.

Furthermore, you can find additional information on our corporate website: boskalis.com/csr.

Risks and measures

Safety

Our activities have a relatively high safety-risk profile. The safety of our colleagues and subcontractors­ is a core value. Our central objective is No Injuries No Accidents, and we have a.pioneering safety program NINA with that aim in mind.

For more information: Safety

Qualified personnel

Our industry requires highly qualified workers and experienced professionals. We take steps to recruit and retain them, and give them opportunities to develop.

For more information: Employee deployment and well-being & Staff profile

Impact on local communities

Our work can have an effect on local communities. We devote considerable attention to location management, encourage local sponsoring, and use the services, when possible, of local employees, subcontractors and suppliers to manage this impact.

For more information: Investments in society

Bribery and corruption

We do not accept, pay or request bribes or other favors for the purpose of acquiring or bestowing any improper business, financial or personal advantage. This issue is addressed not only in our own.business principles but also in our Code of Conduct for Suppliers.

For more information: Corporate Governance & Our suppliers

Human rights and child labor

We believe that our activities generate opportunities for improvements to the living conditions and welfare of the societies where we work. We support fundamental human rights as stated in the United Nations Universal Declaration Of Human Rights. This issue is addressed not only in our own.business principles but also in our Code of Conduct for Suppliers.

For more information: Corporate Governance & Our suppliers

Emissions and energy consumption

Both individually and in conjunction with suppliers, sector organizations, research institutes and NGOs, we continue to work on environmentally friendly working methods, advanced monitoring techniques, and environmentally friendly and energy-efficient equipment to reduce emissions and energy consumption.

For more information: Environmentally friendly equipment

Maintaining biodiversity and ecosystems

We have a reputation in the market for our environmental expertise. Once our clients have decided­.to build maritime infrastructure, we can make an active contribution to the most sustainable­possible implementation. Our eco-engineering solutions produce shared value for our clients, the environment and society.

Sound water use

We have a responsible approach to ballast water. Two pilot projects with innovative treatment systems­ were launched at Dockwise in 2014. We will be reporting on those projects in further detail in a subsequent CSR report.

For more information: Environmentally friendly equipment - Proper use of water

Waste

Where possible, we use recycling in our supply chain, for example by recycling worn pump casings, impellers, pickpoints, and floating dredging pipelines. We received an award from the Shipbreaking­ Platform in 2013 for our sustainable dismantling program.

For more information: Environmentally friendly equipment-Proper use of water & Case: Cradle-to-cradle solutions

 

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