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Boskalis jaarverslagen 2012

About this report

Purpose and process of the report

In this Corporate Social Responsibility (CSR) report we provide an account to all our stakeholders of the CSR policy we pursued in 2013.The Board of Management is responsible for the preparation of our CSR report, which is compiled by a multidisciplinary CSR team. Our consolidation takes place at successive levels, starting with the projects and local office organizations, moving on through the relevant business units and staff departments and ending with the consolidated group reports. The criteria are set out in our CSR Reporting Manual that our Group Accounting & Reporting department uses to monitor and validate the content of this sustainability report. The report is subject to approval by the Board of Management of Boskalis and its contents are discussed in their entirety with the Supervisory Board.

Following the guideline

We have been publishing a CSR report alongside our annual report since 2009. We report in accordance with the international guidelines set out by the Global Reporting Initiative (version G3.1), at application level B. We are preparing for the new GRI 4 guideline introduced in 2013. The GRI table shows which KPIs we report on.

Reporting scope

We report on Boskalis, including the activities of SMIT, MNO Vervat and Dockwise. Dockwise has only been a part of Boskalis since the second quarter of 2013 but in terms of the non-financial parameters the activities of Dockwise are reported for the whole of 2013 in this CSR report, unless stated otherwise. The activities of our strategic partnerships such as our interests in Smit Lamnalco, Keppel Smit Towage and Asialift are included in this CSR report on a pro rata basis. Our minority shareholding in Archirodon (which we sold mid 2013) falls outside the scope of this report. The partnership with VSMC (Volker & Smit Marine Contracting) concluded at the end of 2013 has not been taken into consideration given the fact that this joint venture was established only recently. In addition, the following considerations apply to our environmental performance:

  • Applying a quantitative target to our annual fuel consumption is not meaningful as long as the carbon emissions of our fleet cannot be linked to the relative emissions for each production unit. It is our aim to establish an industry standard and we are in talks with others in the sector to achieve this.

  • Our CO2 reporting comprises our ships and permanent offices, which together account for around 95% of emissions.

Reliability

As a result of the acquisitions of SMIT, MNO Vervat and Dockwise we have also had to integrate information accordingly in the area of CSR. We consider fully integrated CSR reporting to be a condition for external verification. In mid-2013 we set ourselves the objective of having the entire CSR report verified by an independent external party within the next few years. This report takes an important first step in that direction with the verification for the 2013 safety performance.

Publications date

The 2013 CSR report was published simultaneously with the 2013 Annual Report on 13 March 2014 on the corporate website at www.boskalis.com.

Contact

We greatly appreciate any suggestions you may have for improving our CSR policy and the way we report on it. We are happy to engage with you on this subject and cordially invite you to contact:

Martijn L.D. Schuttevâer
Director Investor Relations & Corporate Communications
Telephone: +31 78 6969822
E-mail: csr@boskalis.com
Website: www.boskalis.com/csr

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