Targets and performance
BAM has translated its ambition to have a net positive impact on resources and become a key party in the transition towards a circular economy by the following key targets:
- Recycle or re-use 100% of construction and office waste by 2025
- Deliver at least one BAM circular project, product or service in each operating company by 2020
- Source 100% sustainable timber by 2020
The production of waste is typical for the construction industry and is an indicator of the efficiency of BAM’s processes. Therefore, BAM aims to reduce the waste production and increase of waste that can be re-used or recycled. BAM has managed to gradually work towards both targets:
Playing an important role in the transition towards a circular economy is key for BAM’s future market position. BAM is starting to be involved in more circular projects, mainly in the Netherlands and the UK, and is eager to pursue the development and become a key partner is these kinds of projects.
A large factor in improving BAM’s performance on resources is the sourcing of sustainable building materials. The use of sustainable produced timber is increasingly being seen as valid alternative again for conventional building materials (e.g. concrete). BAM acknowledges the risks of deforestation and forest degradation when uncertified timber is being used, and targets to source 100% sustainable timber on its projects by 2020. In 2018, BAM increased the coverage ratio of its sustainable timber assessment by including data from Belgium and BAM International, and is currently sourcing 94% of its timber as certified sustainable.