Boskalis jaarverslagen 2011

CEO's statement

Dear reader,

At Boskalis sustainability forms an integral part of our corporate policy. As a world-leading expert in the field of dredging and maritime services we seek to ensure that the design and execution of the solutions we offer are as sustainable as possible. Since 2009 we – alone in our industry – have published an annual CSR report in which we provide our stakeholders with details of our performance in the area of sustainability. What you have before you is our 2011 report, in which we set out our CSR policy, report on our social, environmental, societal and economic results, and state our ambitions for the coming years.

Chain responsibility

Chain responsibility is a topic to which we took a targeted approach in 2011. In three ‘Meet the Buyer’ sessions we together with our main suppliers looked at how we can make our chain even more sustainable. One of the results was that a Suppliers Code of Conduct came into effect. In order to structure the internal dialog with our employees on sustainability, in 2011 we organized an initial meeting at which the NGO Stichting de Noordzee (the North Sea foundation) held a presentation on the importance of reducing emissions.

Our social performance

Our people are the decisive factor in the success of our business and their commitment is very important to us. The integration with SMIT is presenting new perspectives to our people. The integration process, that we are carrying out in close consultation with the Works Council, is progressing well. We are increasingly acting in tandem on the market, with very successful results. Where possible our corporate staff are already working together as one team. At the end of 2011 the Netherlands based office and shore staff of SMIT joined the Boskalis workforce through a Transfer of Undertaking and became members of the Boskalis pension fund. At the end of 2011 we also started preparing for the second stage of the integration, during which we want to establish the best possible organization, to enable us to cater to all segment and clients with maximum efficiency and effectiveness. Stage 2 of the integration, including the physical integration of the SMIT office into the Boskalis head office, will be completed in 2012.

We achieved an excellent result with our NINA (No Injuries No Accidents) safety program in 2011. Through NINA we are building a culture in which safety can be discussed openly by all employees, regardless of their position. This is reflected in the growing number of preventive reports which enable us to take quicker and more effective action to prevent unsafe situations. It is also reflected in our safety performance: the Lost Time Injury Frequency (LTIF) figure showed a further decline from 0.7 (in 2010) to 0.3 per 200,000 hours worked in 2011. Whilst we are positive about this development, we are still not satisfied. Our objective remains: ‘No Injuries No Accidents’.

Our environmental performance

In our corporate business plan for 2011-2013 we stated our wish to clearly position ourselves as a partner in the high-end market segment, with clients bringing us in early, as a partner in the design phase, to help engineer complex maritime solutions. Especially at this early design change, our environmental expertise allows us to provide the greatest added value, allowing us to contribute towards the sustainable management and development of densely populated river, delta and coastal regions around the world. Through our close involvement with the Building with Nature innovation program we demonstrate that it is possible to develop hydraulic engineering projects and at the same time create opportunities which benefit nature. In 2011 the first tangible results from this program were put into practice, including the Sand Motor, a new and innovative way of maintaining the Dutch coastline. We will take a closer look at this in the ‘Our environmental performance’ section.

In our CSR report we also disclose the carbon dioxide emissions of our fleet and office organizations. In 2011 we worked hard to optimize our CO2 reporting systems. We are striving to establish a uniform industry standard before we formulate quantitative targets. Given the complex nature of this process, that could still be several years away.

In 2011 we made further investments in resources and equipment that have a positive effect on our impact on the environment. They included the installation of a weather routing program on 20 of our largest ships to enable them to determine the best sailing route at all times. This can reduce both voyage times and carbon emissions. In 2011 we also, both independently and in conjunction with our industry peers and suppliers, continued our research into cleaner, more efficient engines and cleaner fuel.

Our societal performance

Our contribution to society primarily ensues from the maritime projects and services we provide. But we do more. Where possible we hire local staff, involve local subcontractors, and source goods and services from local suppliers. We also encourage our employees to contribute to the wellbeing of the local community. For example, in 2011 our employees spent the safety bonuses awarded to us by clients on local welfare initiatives, while our organization in Nigeria supported the malaria prevention campaign of the NGO Family Care Association.

Ambitions

This CSR report gives a transparent overview of what we have achieved in relation to our objectives. Compared to 2010 we have taken steps towards broader reporting as well as full inclusion of the SMIT activities. Next year we also intend to include the activities of MNO Vervat, the civil infrastructure firm we acquired at the end of 2011.

Following on from the ‘Meet the Buyer’ sessions in 2011, in 2012 we will hold one-on-one talks with a number of our suppliers in a bid to further translate into practice and anchor the developments we discussed. We will also organize further sustainability sessions for our staff.
In order to give the reporting the weight it deserves, in 2011 we optimized our internal reporting and systems. In doing so we have laid a good foundation for moving towards the GRI B level in the next few years.

We hope that this report gives you a good insight into the CSR developments within our company. We appreciate any suggestions you may have for improving our CSR policy and our reporting on it, and will be happy to engage in dialog with you on this subject.

On behalf of the Board of Management

Peter Berdowski

Added to My report add to My report Source: CSR Report 2011, CEO’S Statement, page 4