Royal BAM Group

No leading practices were identified for the company in the governance and strategy area.

Ecosystem conversion and restoration 

Royal BAM Group discloses the proportion of high-risk commodities which are conversion-free. The company discloses the proportion of certified sustainable timber over the past five years. 

No leading practices were identified for the company in the social inclusion and community impact area.

Sustainability strategy and accountability 

Royal BAM Group discloses its process for identifying and prioritising its most relevant sustainability impacts as well as the outcome of this process, in relation to its sustainability strategy. While the company discloses some sustainability targets such as GHG emissions, no evidence that the company has group wide targets on key sustainability topics for the most material parts of its value chain based on the SBTN Sectoral Materiality Tool could be found in the public domain. The company reports consistently against all its targets.  

No evidence was found that Royal BAM Group links performance criteria in senior executives’ remuneration policies to targets and objectives which cover nature, including biodiversity, and social issues. The company does not disclose whether its highest governance body has expertise regarding nature-related topics. 

Stakeholder engagement 

Royal BAM Group discloses how often and through which channels it engages with various stakeholder groups. Although the company discloses a list of engagement issues, it is unclear what specific issues do each stakeholder group raised during its stakeholder engagement activities.   

Lobbying 

Royal BAM Group discloses a list of trade associations of which it is a member wherever it operates. However, the company does not disclose a clear and detailed framework for assessing alignment of its trade associations with nature-positive policies. The company does not report (potential) misalignment between the lobbying activities of its trade associations and nature-positive policies. 

Impact and dependencies assessment

Royal BAM Group has not holistically assessed its impacts or how it depends on nature, including biodiversity. It has an opportunity to start such an assessment across its value chains, focused on quantification of its impacts or dependencies.

Key areas and species

Royal BAM Group does not disclose key species or areas important for biodiversity affected by its operations or suppliers. It has an opportunity to increase its transparency.

Ecosystem conversion and restoration

Royal BAM Group’s actions show its commitment towards zero land conversion derived from its own operations. However, no evidence could be found in the public domain suggesting the company is working towards zero conversion in its value chain. The company does not disclose activities or time-bound targets to achieve conversion-free supply chains.

Royal BAM Group does not disclose a commitment to restore ecosystems. While the company discloses its practice of enhancing species mix to help its clients on restoring and improving ecosystems, no evidence that the company provides details and outcomes of restoration projects aimed at addressing its direct impact.

Resource exploitation and circularity

No evidence was found regarding Royal BAM Group’s efforts to work towards a circular economy or which organisms it exploits. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets. The company does not disclose efforts to improve soil health.

Water

Royal BAM Group does not disclose relevant information related to water, in its operations or supply chains.

Solid and air pollution

Royal BAM Group does not disclose relevant information related to pollution in its operations or supply chains.

GHG emissions

While Royal BAM Group’s total absolute CO2 emissions decrease in 2021 compared to the previous year, it is unclear whether scope 1 and 2 emissions were reduced. The company sets a target to reduce scope 1 and 2 emissions by 50% by 2030 compared to the baseline year in 2015 which is aligned with the 1.5-degree trajectory validated by SBTi, but no evidence that the company has a year-over-year reduction against its target.

While Royal BAM Group’s total absolute CO2 emissions decrease in 2021 compared to the previous year, it is unclear whether scope 3 emissions were reduced. The company sets a target to reduce its scope 3 emissions by 20% by 2030 compared to the baseline year in 2017, but no evidence that the target is aligned with 1.5°C trajectory and that the company has a year-over-year reduction against its target.

Invasive species

Royal BAM Group has not identified any activities that could lead to the introduction of invasive alien species in its own operations.

Safe, clean, healthy and sustainable environment

Royal BAM Group does not disclose a commitment to respecting local communities’ right to a safe, clean, healthy and sustainable environment or to zero tolerance for acts of violence, threats, intimidation or judicial harassment committed against land and environmental rights defenders. 

Indigenous peoples’ and land rights 

Royal BAM Group does not disclose a commitment to respecting Indigenous Peoples’ rights or land rights of local communities. 

While Royal BAM Group conducts a risk analysis to understand and mitigate the risk of slavery and human trafficking in the business and supply chain, it has an opportunity to describe the process to identify its human rights risks and impacts in specific locations or activities covering its own operations. The company has an opportunity to describe a process for assessing the human rights risks it has identified and to disclose what it considers to be its salient human rights issues. A description of this process would include how relevant factors are considered, such as geographical, economic and social factors. No evidence was found that the company has a global system to act on its salient human rights issues.  

While Royal BAM Group discloses the categories of stakeholders it engages with generally on sustainability issues, it is not clear if these stakeholders are those whose human rights have been or may be affected by its activities. No evidence that the company provides examples of its engagement with stakeholders whose human rights have been or may be affected by its activities was found. 

Royal BAM Group has a publicly available policy statement which shows it is committed to respecting the health and safety of workers.  While the company provides a statement expecting its suppliers to commit to respecting the health and safety of their workers, no evidence was found that it is a formal policy, approved and signed off by the highest governing body. No evidence that the company discloses a time-bound target for paying all workers a living wage or that it has achieved paying all workers a living wage was found. No evidence that the company describes how it determines a living wage for the regions where it operates was found. While the company states that it expects its suppliers to pay wages that are sufficient for workers and their families to fulfil their basic needs, it has an opportunity to disclose how it works to support the payment of a living wage by its suppliers.  

Royal BAM Group discloses the proportion of its total direct operations workforce covered by collective bargaining agreements. No evidence that the company describes how it works to support the practices of its suppliers in relation to freedom of association and collective bargaining was found.  

Royal BAM Group discloses a global tax strategy. No evidence that the company describes the process for identifying its bribery and corruption risks and impacts in specific locations or activities covering its own operations was found. The company includes anti-bribery and anti-corruption clauses in its contracts with direct business relationships. The company does not disclose its approach to lobbying and political engagement in a public policy document.