Appendix
CSR 2016 – Boskalis
64
Purpose and scope of the report
We have been reporting on our Corporate Social Responsibility
(CSR) strategy, performance and results in a separate annual
report since 2009.
The scope of our CSR reporting is based on the information
requirements of our key stakeholders. Our key stakeholders
either have an influence on our license to operate or can be
significantly impacted by our activities. In order to ensure we
meet their information requirements we carried out a materiality
analyses in 2015. Boskalis’ group management selected relevant
key and sub-topics derived from Boskalis’ strategy, its activities as
well as from international guidelines, regulations and legislation.
Of the key stakeholder groups a total of 66 stakeholders was
selected. Desk research and interviews were used to determine
how important the individual sub-topics were to the stakeholders.
This process was also used with the Boskalis group management
to determine how important the topics were to Boskalis. Based on
the results of this process the materiality matrix was determined.
The findings of this analysis provided valuable input for our
CSR strategy and reporting.
The materiality matrix was updated in 2016 based on our
engagement with our stakeholders. This dialogue confirmed that
our CSR strategy and structure of our current CSR reporting is
regarded as relevant and significant for our stakeholders.
In 2016 we have taken steps to make the correlation between
the various sections of the report clearer. These include setting
up a value creation model and making a clear link between our
material topics and our strategy, opportunities and risks as well
as the results achieved in 2016.
We strive to improve the quality of the information and where
meaningful add quantitative key performance indicators.
The CSR Report includes only CSR data from entities that are fully
or majority owned and from joint ventures in which Boskalis has a
controlling interest. However Boskalis relies on a significant number
of contractors to perform daily activities. Boskalis acknowledges its
responsibility for the safety of its contractors and therefore includes
contractors in its safety performance reporting.
Acquisitions and divestments are reported in accordance with
the financial reporting rules for consolidation. This means that
acquisitions are reported as from the moment control (ownership)
is acquired and divestments are reported up to the moment that
control is relinquished. Please refer to our Annual Report for an
overview of acquisitions and divestments in 2016.
ABOUT
THIS REPORT
Reporting process
The CSR Report is compiled by a multidisciplinary CSR team under
the responsibility of the Board of Management. Its contents was
discussed in its entirety with the Supervisory Board.
The consolidation of CSR data takes place at successive levels,
starting with the projects and local office organizations, moving
up through the relevant business units and staff departments and
ending with the consolidated group reports. This is based on
quarterly reporting, which is monitored by our Group Accounting
& Reporting department in close consultation with our Corporate
Communications department that is responsible for the production
of the CSR Report. In addition, like in previous years, a number of
internal audits were conducted on material CSR topics and
indicators in 2016.
Reporting principles
The CSR data is prepared in accordance with our reporting
principles, which are based on the international Global Reporting
Initiative (GRI) standards. In 2016 we started reporting in
accordance with the GRI G4 guidelines. The GRI G4 reference
table is included on
pages 66-68of the report. KPIs are selected
on the basis of interactive stakeholder dialogue and the issues
relevant to Boskalis’ operations.
External verification
The information contained in this report faithfully represents the
outcome of systematic data gathering and analysis. As in previous
years, Boskalis appointed an external assurance provider to verify
its key CSR metrics. Please refer to
page 75for the assurance
report and conclusion of our external assurance provider.
Methods of estimation, measurement and
calculation
We use generally accepted protocols to compile, measure and
present information, including the GRI technical protocols for
indicators comprised in the guidelines. We aim to ensure reliability
of our reported data by performing internal audits and externally
verifying our data. However, due to the nature of sustainability
data there are some limitations associated with measuring and
calculating data.
No changes were made to definitions and measurement methods
of the reported data compared to the 2015 reporting period.