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CSR 2016 – Boskalis

Our material themes are integrated in our CSR strategy. The material themes and

strategy are closely connected to our business model (as shown in the value creation

model on

page 10)

and opportunities and risk, as shown in the overview below.

To manage our material themes we have formulated objectives and identified the

associated opportunities and risks/dilemmas. We defined key performance

indicators to measure our performance and the correspondent results achieved in

2016 are stated below. Detailed information is given in the CSR material theme

chapters and the

Corporate Governance chapter

of this report.

For more information on the management of operational and financial risks please

refer to th

e risk management chapter

in our Annual Report 2016.

ENVIRONMENTAL

IMPACT

Be the distinguished

provider of sustainable

solutions and mitigate and

where possible avoid

(potential) adverse impact.

Realization of at least one

Building with Nature

project a year

OPPORTUNITIES

■■

Protect ecosystems through Building

with Nature approach

■■

Innovative application of Environmental

Impact Assessments

■■

Facilitate renewable energy through wind

farm-related activities

■■

Apply environmentally-friendly fuels and

energy saving schemes

■■

Provide flood defense through coastal and

riverbank protection activities

■■

Contribute to cleaner environment through

salvage and wreck removal operations

RISKS/DILEMMAS

■■

We have no influence on infrastructure investment

decisions

■■

Certain clients focus on price as the sole selection

criteria

■■

Absence of an industry standard prevents the

formulation of an industry-wide CO

2

reduction target

■■

In the absence of regulations, voluntary use of

costly alternative environmentally-friendly fuels

creates a competitive disadvantage, unless clients

are prepared to pay a premium

KEY PERFORMANCE INDICATORS

■■

Supporting the Building with Nature program

■■

Number of Building with Nature projects

■■

Wind farm-related activities

■■

Energy-saving measures and pilots

■■

Reporting on CO

2

emissions

■■

Coastal defense-related activities

■■

Assisting vessels in distress

RESULTS IN 2016

■■

Building with Nature program EUR 500,000

■■

Building with Nature projects

(see page 29)

■■

Various wind farm-related activities: 138 foundations

installed and 420 km of cables laid

■■

Biofuel pilot program with GoodFuels and LNG

tugs in the port of Singapore (

see pages 36-39)

■■

Action plan to reduce the energy consumption at

our offices and warehouses in the Netherlands

with 2% a year

(see page 36)

■■

Scope 1 CO

2

1,246 MT(‘000), scope 2 CO

2

3 MT(‘000)

(see pages 38-39)

■■

Various salvage activities (

see page 30)

14

managing our

material themes