Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Social Well-being
• Sustainable Resource Management

Environmental Achievements

• 10% reduction in emissions in the Netherlands compared to 2014 (ratio between emissions and turnover)
• 6,274 tonnes of CO2 saved during the widening of the Princess Beatrix Lock Works through optimized sourcing and logistics
• Participation in the construction of the world’s first energy-neutral tunnel (A16 Rotterdam)
• Green Concrete project to recover demolition concrete for reuse
• Recycling formwork wood (Quatuor site)
• Al Saja’a treatment plant treats wastewater, reusing sludge as fuel for cement production

Social Achievements

• Signed the International Framework Agreement with EWC and BWI in 2017, promoting well-being at work
• Green Deal for circular construction signed with Vanhout in Belgium
• Initiatives at the head office (teleworking, energy audits, sustainable food)

Governance Achievements

• Active member of the United Nations Global Compact since 2017
• Aligning tendering criteria in Belgium for CO2 performance certification

Climate Goals & Targets

Environmental Challenges

• Growing scarcity of resources
• Climate change (CO2 equivalent)

Mitigation Strategies

• Global sustainability strategy definition
• Baseline measurement in 2020 to quantify required actions
• Integration of subcontractors into emission reduction process
• Initiatives towards a low-carbon society, circular economy, and advising clients on sustainability

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Optimized sourcing and logistics

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Energy-neutral tunnel construction

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: BREEAM

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 12
• SDG 13

Supporting sustainable consumption and production patterns and combating climate change

Sustainable Products & Innovation

• Green Concrete
• Clean Air green walls
• 3D concrete printing
• A-STAY hotel concept

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Social Responsibility
• Governance

Environmental Achievements

• Extended CO2 performance ladder certification to BESIX Business Unit Europe and several subsidiaries.
• Procuring electricity from renewable resources for Belgian and Dutch-owned offices and fixed production facilities (starting in 2022, expanding to project sites in Belgium in 2023).
• Purchase of the first electric 50-tonne telescopic crawler crane.
• Use of over 6.7 million liters of Hydrotreated Vegetable Oil (HVO) on the A16 De Groene Boog project, avoiding 20,000 tonnes of CO2 emissions.
• Reduction of 20% in carbon impact of structural works on the Tour Triangle project in Paris through low-carbon concrete strategy.

Social Achievements

• 1,000 recruitments in 2022.
• Named Top Employer in Belgium for the 4th year in a row.
• 360 solidarity projects funded in 13 years by the BESIX Foundation.
• 13,000+ volunteers involved in BESIX Foundation projects over the last decade.

Governance Achievements

• Launch of an ESG Board in 2023 composed of representatives from key support departments, entities, and business units.
• Annual review of Sustainability and ESG strategy by the Executive Committee.
• Annual reporting approved by the Executive and Strategic Committee and the Board of Directors.
• Annual audits by a leading inspection, verification, testing, and certification company resulting in positive feedback and recertification for ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.
• EcoVadis Gold sustainability medal rating (top 5% in its industry).

Climate Goals & Targets

Environmental Challenges

• Climate change
• Ageing society
• Green building requirements
• Scarcity of affordable energy
• Water scarcity
• Lack of experts
• Worker welfare
• Stressed supply chain
• Skilled labor shortage
• Building material price hikes

Mitigation Strategies

• Implementation of an energy & GHG reduction action plan focusing on energy efficiency, renewable energy, and sustainable fleet electrification.
• Collaboration with clients, designers, and suppliers to rethink construction project execution and support clients in meeting new sustainability regulations.
• Offering sustainable solutions at every project stage, from design to maintenance.
• Early Contractor Involvement (ECI) to integrate sustainability expertise from project inception.
• Use of life cycle analysis (LCA) and material passports in design.
• Alignment with the ‘Betonakkoord’ (Netherlands) and ‘Circulair Betonakkoord Vlaanderen’ (Belgium) for sustainable concrete solutions.
• Development of next-generation smart buildings using AI to minimize energy costs and optimize green energy use.

Supply Chain Management

Responsible Procurement

• Majority of suppliers are signatories of the Code of Conduct for Responsible & Sustainable Procurement.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather
• Water scarcity

Transition Risks

• Regulatory changes
• Market shifts related to sustainability

Opportunities

• Development of energy-efficient products and services
• Growth in sustainable construction projects

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs), ISO 26000, Code Buysse III, UN Global Compact

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 19650-2:2018, ISO 45001:2018, IOSH Managing Safety and Working Safely Licence, CO2 Performance Ladder (Level 5 for BESIX Europe and 11 affiliates)

UN Sustainable Development Goals

• SDG 8 (Decent Work and Economic Growth)
• SDG 12 (Responsible Consumption and Production)
• SDG 13 (Climate Action)

BESIX believes these SDGs align with its core activities and bring added value.

Sustainable Products & Innovation

• Aug·e smart building solutions

Awards & Recognition

• EcoVadis Gold medal

Environmental Metrics

ESG Focus Areas

• Climate Change Mitigation
• Climate Change Adaptation
• Circular Economy & Waste
• Water
• Energy
• Biodiversity
• Local Communities
• Diversity, Equity & Inclusion
• Business Ethics
• Workers in the value chain and human rights
• Workforce health, safety and well-being
• Sustainable R&D & Innovation
• Social inclusion of end-users

Environmental Achievements

• Delivered one of the largest hybrid-timber office buildings in the world in The Netherlands
• Progressively electrifying its corporate and equipment fleet in Europe
• Using green steel in projects (e.g., 41,000 tonnes in the Port of Neom)
• Implementing Life Cycle Analysis (LCA) for projects and proposing reduction strategies
• Using modular and circular construction methods
• Integrating smart technologies into building design and operation to optimize energy use

Social Achievements

• More than 1,300 recruitments in 2023
• Top Employer in Belgium for 5th year in a row in 2024
• Investing in training programs, offering career opportunities, internal mobility, and a respectful work environment
• Prioritising the health and safety of its employees, enforcing strict safety protocols, delivering high-quality training, and providing appropriate protective equipment
• Fostering local businesses and economies through procurement and employment practices
• Engaging in community development initiatives

Governance Achievements

• Introduced a Whistleblowing Procedure based on the EU Whistleblower Directive
• Regular audits on subcontractors and suppliers to ensure adherence to ethical standards and sustainable procurement practices
• Transparent reporting of sustainability performance in line with international guidelines (SDGs, ISO26000, GRI)

Climate Goals & Targets

Environmental Challenges

• Climate change impacts (severe weather, water scarcity, rising sea levels) affecting safety, infrastructure resilience, and construction processes
• Rising interest rates, inflation, and global supply chain disruptions impacting project costs and timelines
• Cybersecurity risks associated with digitalisation
• Social challenges including safety, diversity, inclusion, worker welfare, and human rights, as well as engineer and technical expert shortages
• Corruption and unethical business practices

Mitigation Strategies

• Developing eco-friendly building materials, waste-to-energy and green hydrogen plants, and timber construction
• Diversification of supply chains and the usage of price indexation mechanisms
• Compulsory staff training, fortified infrastructure, and strengthened access controls to information systems
• Investing in training programmes, offering career opportunities, internal mobility, and a respectful work environment
• Adhering to a Code of Conduct emphasising integrity, transparency, and respect for human rights

Supply Chain Management

Responsible Procurement

• Sustainable procurement practices
• BESIX Suppliers’ Sustainability Forum

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather
• Water scarcity
• Rising sea levels
• Natural disasters
• Floods

Transition Risks

• Stricter regulations
• Shifting market demands for sustainable construction

Opportunities

• Growing demand for sustainable construction, retrofitting, and renovation services
• Opportunities to utilize expertise in construction, adaptation, and infrastructure maintenance for projects coping with climate change impacts

Reporting Standards

Frameworks Used: GRI, UN Sustainable Development Goals (SDGs), European Corporate Sustainability Reporting Directive (CSRD), European Sustainability Reporting Standards (ESRS), Sustainability Accounting Standards Board (SASB)

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 19650-2:2018, ISO 45001:2018, IOSH Managing Safety and Working Safely Licence, BREEAM, LEED, HQE, Passive Buildings, Eco-construction, Cradle-to-Cradle, Zero-Energy projects

Sustainable Products & Innovation

• Hybrid-timber buildings
• Green concrete
• Modular and circular construction methods
• Smart energy management systems