Purpose and process of the report
We started publishing an annual Corporate Social Responsibility (CSR) report in 2009. In this report we provide an account of our CSR policy for all our stakeholders. In 2015 we conducted a materiality analysis, incorporating input from our most important stakeholders. The analysis provided a clear picture of which key and sub-topics are of material importance to ourselves and our stakeholders and enabled us to create focus in our CSR strategy. We have fine-tuned our CSR reporting accordingly, structuring it around the material (sub-)topics.
The CSR report is compiled by a multidisciplinary CSR team under the responsibility of the Board of Management. The consolidation 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 conducted in accordance with our CSR Reporting Manual and is monitored by our Group Accounting & Reporting department. In addition, a number of internal audits were conducted in 2015. The report has been reviewed by the Boskalis Board of Management and its contents have been discussed in their entirety with the Supervisory Board.
We report in accordance with the international guidelines set out in the Global Reporting Initiative (GRI) and are making preparations for reporting in accordance with the GRI G4 guidelines. The 2015 report is a hybrid, partially following the GRI G4 guidelines with reporting based on the materiality analysis and the material key and sub-topics arising from it. The key performance indicators (KPIs) in this report are reported in accordance with GRI version G3.1 (see the GRI table on pages 74-75) and have been verified by an independent party.
Scope and delimitation
This report pertains to Boskalis, including the activities of subsidiaries in which Boskalis owns a majority stake. Joint ventures, associated companies and other business over which the group has no control are not included in the CSR data. No material divestments or acquisitions took place in 2015.
We provide partial reporting on the following GRI G3.1 KPIs, thereby focusing on the sections that are of material importance to us:
LA2 – we report staff turnover in terms of age for inflow and in terms of age and reason for outflow.
LA7 – we report on injury days, absenteeism and the number of work-related fatalities.
LA10 – we report on the average number of training hours per category of employee.
LA13 – we report on the composition of our Supervisory Board and Board of Management according to gender, age group and nationality.
SO1 – Material permanent operations outside the Netherlands are limited. Most of the activities are project based and therefore temporary in nature, frequently lasting for less than a year. We provide qualitative reporting on the community activities for these operations. Due to the permanent presence of SMIT Amandla Marine (SAM) in South Africa and the ongoing nature of their Socio-Economic Development program, we do provide quantitative reporting on the community initiatives undertaken by them. The SAM operation accounts for 7% of our workforce.
Methods of estimation, measurement an calculation
We use generally accepted protocols to compile, measure and present information, including the GRI technical protocols for indicators comprised in the guidelines.
The employees of Anglo Eastern, crew of the Dockwise vessels, are included in the overall reporting in view of this group’s substantial size. However, these employees are not formally employed by an entity belonging to Boskalis and are not included in the detailed reporting. The 2014 figures have been adjusted accordingly for comparison purposes.
ISO and ISM norms are used for the conversion of fuel to CO2. For the conversion of volume to weight, ISO specification 8217:2012 is followed. The MGO/MDO density factor of 0.845 kg/l was calculated by Boskalis in 2010. It was based on the weighted average mix of diesel fuel in that year with density factors ranging from 0.820 to 0.890. In 2015 we reevaluated the MGO/MDO conversion factor. As per 2015, Boskalis will not apply a weighted average, but will apply the most stringent MGO/MDO density factor of 0.890 kg/l. For comparison purposes the 2014-data has been re-stated accordingly. The following ISO and ISM standards are used for the conversion of fuel to CO2:
Volume to weight conversion takes place according to ISO specification 8217E, using the following specific gravity per liter: – MGO/MDO 0.890kg – HFO 0.991kg.
Conversion of MT of fuel to CO2 takes place according to IMO Resolution MEPC.212(63), using the following conversion factor per MT of fuel: – MGO/MDO 3.206 MT CO2 – HFO 3.114 MT CO2.
LTIF (Lost Time Injury Frequency) expresses the number of workplace accidents resulting in absence from work per 200,000 hours worked. The LTIF overview on page 79 shows a breakdown for the various business units. In addition to LTIF, the 2015 report also provides the Total Recordable Injury Rate (TRIR). TRIR is composed of LTIs, Medical Treatment Cases and Restricted Work Cases. By aiming for a reduction in all three categories, we will have a better chance of achieving a further decline in the number of incidents resulting in injury.
In 2015 no other changes were made to definitions and measurement methods of the reported data compared to the 2014 reporting period.
The performance of our organization can be measured against relevant benchmarks. For more information, please refer to page 19.
All KPIs in this report have been verified with limited assurance by an independent party in accordance with the ISAE3000 guidelines. Auditing of the EC1 and EC3 economic KPIs is included in the verification of the 2015 Annual Report.
The 2015 CSR report was published at the same time as the 2015 Annual Report on 9 March 2016 on the corporate website.
The 2014 CSR report was published at the same time as the 2014 Annual Report on 12 March 2014.
Any suggestions you may have for improving our CSR policy and the way we report are greatly appreciated. We are happy to engage with you on this subject, in which case you are kindly requested to contact:
Martijn L.D. Schuttevâer
Director Investor Relations & Corporate Communications
Telephone: +31 78 6969822