Climate Change Data

Environmental Metrics

ESG Focus Areas

• Human Rights
• Climate Change
• Worker Welfare
• Carbon Management
• Circularity
• Client Support

Environmental Achievements

• Reached target to reduce its footprint (including scope 1 and 2 emissions, expanded with scope 3 emissions from commuting and business travel) by 12% by the end of 2020, compared to 2014.
• 30% fewer empty trucks on return delivery.
• 20,000 m³ of water recycled on-site in Leuven (BE)
• 25 green rated projects (2019-2021)

Social Achievements

• Launched WeCare program boosting employee well-being.
• 85% of BESIX employees are satisfied to very satisfied with working for BESIX in 2021.
• 84% of participants would recommend the company as an employer to friends and acquaintances in 2021.
• Significant improvements in accommodation conditions, recruitment practices and general HR processes for migrant workers in the Middle East.
• In North Queensland (Australia), achieving indigenous employment rights in excess of 10%.

Governance Achievements

• Complies with the Charter on Corporate Governance.
• Implementation of the Corporate Governance principles progresses with – in particular – the participation of external directors in the Board of Directors and consultative Committees.
• Ecovadis silver medal (2020)

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting operations and supply chains.
• Increasing regulatory and normative context in the construction industry.
• Shortage of technical profiles and young graduates in the construction sector.
• Managing the entire supply chain.
• Cybersecurity incidents.

Mitigation Strategies

• Implemented a robust Covid risk management program.
• Developed a ‘Choose better, prepare better, execute better, staff for success’ action plan.
• Developed an e-evaluation tool to centralize vendors’ performance.
• Implemented a central database to monitor the on-boarding process of vendors.
• Reinforced existing information system access control and anti-fraud systems.

Supply Chain Management

Supplier Audits: 58 audits performed at the 14 subcontractors active in the realization of the Belgian and French pavilions of Expo 2020 (2020-2021)

Responsible Procurement

• BESIX Group Code of Conduct Procurement
• BESIX Group Sustainable and Responsible Procurement Code of Conduct

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products
• Green hydrogen production plants

Reporting Standards

Frameworks Used: GRI, UN Global Compact

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 19650-2:2018

Third-party Assurance: SGS

UN Sustainable Development Goals

• SDG 1
• SDG 5
• SDG 9
• SDG 11
• SDG 12
• SDG 13
• SDG 16
• SDG 17

BESIX Group works with SDGs as a guiding compass while focusing on selected Goals, on which BESIX Group can have the most impact.

Sustainable Products & Innovation

• Green concrete
• Recycled aggregates
• Smart buildings
• 3D concrete printing
• Modular construction

Awards & Recognition

• Top Employer 2020 and 2021
• Ecovadis silver sustainability medal rating (2020)
• Six Construct – 3 star Taqdeer Awards 2020

Environmental Metrics

ESG Focus Areas

• Climate change mitigation and adaptation
• Water
• Energy
• Biodiversity
• Circular economy & waste
• Sustainable R&D & innovation
• Workforce health, safety, and well-being
• Workers in the value chain and human rights
• Local communities
• Working conditions
• Diversity, equity & inclusion
• Business ethics

Environmental Achievements

• European business unit and 12 entities retained Level 5 certification on the CO2 Performance Ladder.
• Successfully tested a tower crane on green hydrogen.
• Used over 7 million liters of hydrotreated vegetable oil, emitting 89% less CO2 than traditional fuels.
• First Supplier Sustainability Forum held, engaging key suppliers on Scope 3 emissions.
• Initiated pilot projects on 3D concrete printing and self-healing concrete.

Social Achievements

• Achieved Top Employer in Belgium for the fifth consecutive time.
• Launched Mental Health and Well-Being Working Group in Australia.
• Exceeded Indigenous participation targets in Australia (close to 5%).
• Implemented a collective agreement on the ‘right to disconnect’.
• Introduced comprehensive ambulatory and dental insurance for employees and their families.

Governance Achievements

• Conducted a Double Materiality Assessment to identify key ESG priorities.
• Introduced a Whistleblowing Procedure.
• BESIX Middle East awarded the Gold Impact Seal by the National CSR Fund.

Climate Goals & Targets

Environmental Challenges

• Rising interest rates, inflation, and supply chain disruptions.
• Extreme weather events impacting safety and infrastructure resilience.
• Cybersecurity threats.
• Shortage of engineers and technical experts.
• Corruption and unethical business practices.

Mitigation Strategies

• Diversification of supply chains and use of price indexation mechanisms.
• Sustainable design and construction services, eco-friendly materials.
• Compulsory staff training, fortified infrastructure, and strengthened access controls.
• Investment in training programs, career opportunities, and a respectful work environment.
• Code of Conduct, regular audits on subcontractors and suppliers, Whistleblowing Procedure.

Supply Chain Management

Supplier Audits: 89 audits on subcontractors by BESIX Middle East; 42 audits on BESIX Middle East's offices and living facilities.

Responsible Procurement

• Code of Conduct for suppliers.
• Sustainable procurement practices.
• First BESIX Suppliers’ Sustainability Forum.

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather, water scarcity, rising sea levels, natural disasters, floods.

Transition Risks

• Stricter regulations, market shifts.

Opportunities

• Development of energy-efficient products and services, sustainable construction, retrofitting, and renovation services.

Reporting Standards

Frameworks Used: UN Global Compact, UN Sustainable Development Goals (SDGs), GRI Standards, ISO 26000, Code Buysse III, CSRD (preparing for 2026 compliance), ESRS (adopting for 2025 fiscal year)

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 19650-2:2018, ISO 45001:2018, IOSH Managing Safety and Working Safely Licence, BREEAM, LEED, WELL Building Standard

Third-party Assurance: Mazars Bedrijfsrevisoren - Réviseurs d’Entreprises

UN Sustainable Development Goals

• SDG 3
• SDG 4
• SDG 6
• SDG 8
• SDG 9
• SDG 11
• SDG 12
• SDG 13
• SDG 16
• SDG 17

BESIX's initiatives contribute to these goals through sustainable construction practices, community engagement, worker welfare, and ethical business conduct.

Sustainable Products & Innovation

• Green hydrogen production facility (Hyoffwind)
• Modular and circular construction methods
• Smart energy management systems

Awards & Recognition

• Top Employer (Belgium)
• Gold Impact Seal (UAE)
• MIPIM Awards
• LuxReal & Paperjam+Delano Business Club Real Estate Awards
• European Property Awards