Why is sustainability important to BAM?
Our sector provides value to millions of people, but uses many resources in the process. As a result, stakeholders such as regulators, communities and increasingly customers demand a proactive approach to sustainable developments. BAM wants to position itself as a market leader in sustainability which requires an ambitious sustainability strategy.
It is BAM’s mission to build sustainable environments that enhance people’s lives by enabling the right people to capitalise on state-of-the-art knowledge, resources and digital technologies, providing solutions across the total construction lifecycle for the Group’s clients and generating maximum value for its stakeholders. BAM’s sustainability strategy is fully aligned with the Group Corporate Strategy ‘Building the present, creating the future’
What is BAM’s sustainability strategy?
Our long-term sustainability ambition is that by 2050 Royal BAM Group will be a business that has an overall positive impact on society - we will be a Net positive organisation. Net positive is a simple idea that was developed in 2008. It recognises that as well as reducing negative environmental and social impacts, organisations should also pay attention to enhancing the positive impacts of their activity.
For BAM our Net positive approach will be achieved through balancing different areas of impact across three key themes, so that BAM can achieve an overall positive outcome.
How does BAM’s sustainability strategy relate to the Sustainable Development Goals?
BAM values alignment of its strategy with regard to the UN-adopted Sustainable Development Goals (SDGs): 17 goals that serve as a roadmap for good growth by 2030. BAM evaluated the key areas of alignment of the goals with its corporate strategy and the relevant stakeholder material themes. BAM’s business potentially impacts all SDGs. However, some have more direct influence within current markets, given the nature of BAM’s business. BAM has subsequently considered these global issues in relation to its 2050 Net Positive strategy and has identified key focus areas where progress will be monitored going forward. BAM therefore strives to make a positive contribution to seven SDGs in particular, because these best fit in with its strategy and impact.