Difference between revisions of "BAM"

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== Company Structure ==
== Company Structure ==
Who has influence on what? Private or public company? Why is hq in the Netherlands? Any important subsidiaries or daughter companies?
BAM is a large European construction firm with operating companies active in two business lines, Construction and Property and Civil engineering, as well as in public-private partnerships. BAM is active in the Netherlands, UK, Ireland, Belgium, Germany and Denmark <ref>bam-2021-annual-report-606-1645685232618911579.pdf p. 9</ref>
 
Most shares of BAM group are hold by Dutch shareholders. Currently, no shareholders holds more than 3 percent of all outstanding shares. <ref>bam-2021-annual-report-606-1645685232618911579.pdf p. 200</ref>


=== Board of Directors ===
=== Board of Directors ===
{| class="wikitable"
{| class="wikitable"
|+Executive Board <ref>https://www.bam.com/sites/default/files/domain-606/documents/bam-2020-integrated-report-606-16190809501197955203.pdf p. 77</ref>
|+Executive Board 2021 <ref>bam-2021-annual-report-606-1645685232618911579.pdf p. 83</ref>
!Name
!Name
!Function
!Function
!Remuneration x1000 EUR
!Remuneration x1000 EUR
|-
|-
|Ruud Joosten (from July 2020 onwards)
|Ruud Joosten  
|CEO
|CEO
|350 EUR
|1691 EUR
|-
|-
|Frans den Houter
|Frans den Houter
|CFO
|CFO
|1047 EUR
|1287 EUR
|-
|Rob van Wingerden (until July 2020)
|CEO
|1175 EUR
|-
|-
|}
|}


=== Where applicable: Management Board or Executive Leadership Team===
=== Executive Committee===
The Executive Committee exists of the Executive Board and the following persons. Their remuneration is not disclosed.
 
{| class="wikitable"
{| class="wikitable"
|+Management Board  
|+Management Board  
Line 91: Line 91:
!Function
!Function
|-
|-
|Name
|Joost Nelis
|Function
|Chief operating officer (NL)
|-
|-
|Name
|John Wilkinson
|Function
|Chief operating officer (UK & Ireland)
|-
|Name
|Function
|-
|Name
|Function
|-
|-
|}
|}


In most cases, no information on remuneration of the management board is made public.


===Supervisory Board===
===Supervisory Board===


{| class="wikitable"
{| class="wikitable"
|+Supervisory Board <ref>https://www.bam.com/sites/default/files/domain-606/documents/bam-2020-integrated-report-606-16190809501197955203.pdf p. 78</ref>  
|+Supervisory Board <ref>bam-2021-annual-report-606-1645685232618911579.pdf p. 84</ref>
!Name
!Name
!Function
!Function
!Remuneration x1000 EUR
!Remuneration x1000 EUR
|-
|-
|H. Rottinghuis
|Henk Rottinghuis
|Chairman
|Chairman
|48 EUR
|102 EUR
|-
|-
|G. Boon
|Gosse Boon
|Vice-chair
|Vice-chair
|59 EUR
|67 EUR
|-
|B. Elfring
|Member
|20 EUR
|-
|D. Koopmans
|Member
|23 EUR
|-
|-
|C. Mahieu
|Bob Elfring
|Member
|Member
|54 EUR
|62 EUR
|-
|-
|M. Sheffield
|Denise Koopmans
|Member
|Member
|164 EUR
|65 EUR
|-
|-
|H. Valentin
|Paul Sheffield
|Member
|Member
|59 EUR
|59 EUR
|-
|-
|H. Noy
|Nina Skorupska
|Member
|Member
|46 EUR
|42 EUR
|-
|-
|}
|}


=== Accountant ===
=== Accountant ===
What is the companies accountant?
The external accountant of BAM Groep is Ernst & Young Accountants LLP <REF>bam-2021-annual-report-606-1645685232618911579.pdf P. 69</REF>


=== Main Activities ===
=== Main Activities ===

Revision as of 18:25, 14 March 2022

Company name
File:Bijdrijfs Logo.svg
Quick Facts
TypePublic
sectorConstruction
Headquarters (Benelux Organization)Bunnik, the Netherlands
Year of Origin1869
Emissions (All Scopes)136 Megatons of CO2 (2020)
Total RevenueEUR 7.3 billion (2021)
Stock ExchangeEuronext (BAMNB)
Key PeopleRuud Joosten, Henk Rottinghuis
Number of Employees15,739
Subsidiaries
  • Interbuild
  • Kairos
  • Wayss & Freitag Ingenieurbau

Royal BAM Group, stylized as BAM, designs, builds and maintains buildings, homes and infrastructure for public- and private-sector clients.[1] Its history goes back to 1869, although the current name derives from 1927.[2] Headquartered in the Netherlands, BAM has divisions in the Netherlands, the United Kingdom and Ireland, as well as Belgium and Germany. It has about 15,000 employees and annual revenues of approximately €7 billion.[3] Net result was 18,1 million [4] Due to deferred taxes, BAM’s effective tax was 74 percent. Without deferred taxes the effective tax rate would have been 23 percent. [5] Some of BAM’s highlights in 2021 were the completion of Zeesluis IJmuiden en de Zalmhavens (Rotterdam). [6] Balance sheet value in 2021 was a little over 2 billion euro. [7] Shares of BAM Group is listed on Euronext Amsterdam. [8]

Company Structure

BAM is a large European construction firm with operating companies active in two business lines, Construction and Property and Civil engineering, as well as in public-private partnerships. BAM is active in the Netherlands, UK, Ireland, Belgium, Germany and Denmark [9]

Most shares of BAM group are hold by Dutch shareholders. Currently, no shareholders holds more than 3 percent of all outstanding shares. [10]

Board of Directors

Executive Board 2021 [11]
Name Function Remuneration x1000 EUR
Ruud Joosten CEO 1691 EUR
Frans den Houter CFO 1287 EUR

Executive Committee

The Executive Committee exists of the Executive Board and the following persons. Their remuneration is not disclosed.

Management Board
Name Function
Joost Nelis Chief operating officer (NL)
John Wilkinson Chief operating officer (UK & Ireland)


Supervisory Board

Supervisory Board [12]
Name Function Remuneration x1000 EUR
Henk Rottinghuis Chairman 102 EUR
Gosse Boon Vice-chair 67 EUR
Bob Elfring Member 62 EUR
Denise Koopmans Member 65 EUR
Paul Sheffield Member 59 EUR
Nina Skorupska Member 42 EUR

Accountant

The external accountant of BAM Groep is Ernst & Young Accountants LLP [13]

Main Activities

In a few sentences, describe the core activities of the company. In a bit more detail than in the introduction.

Government

To what extent can the government influence company policy? (shareholder, licensing authority, client etc.) Has company received NOW support or royal status?

Paris Agreement to Today

What has company done or refused to do since the Climate Accord of Paris? Per company, where applicable refer to research on the benefits of fossil companies in the form of subisidies etc.

Financial Results since 2015

This tabel is meant to indicate that the companies have plenty of money to make their company more sustainable. Clearly distinguish between Dutch data and international data.

Financial situation
Year Revenue Profit Dividend
2015 [14] 7,423 billion EUR 10,2 million EUR 0,743 million EUR
2016 [15] 6,976 billion EUR 48,6 million EUR 2,518 million EUR
2017 [16] 6.604 billion EUR 12.5 million EUR 7.876 million EUR
2018 [17] 7.208 billion EUR 23.8 million EUR 1.188 million EUR
2019 [18] 7.209 billion EUR 11.8 million EUR 2.015 million EUR
2020 [19] 6.809 million EUR 122.2 million EUR (loss) 129 million EUR
2021 [20] 7.315 billion EUR 18.1 million EUR XXX EUR

Current Policies and Emissions

Description of the emissions per scope. Critical analysis of (missing) information based on GHG protocol (probably most relevant for scope 3). Describe current climate policies of companies and possible reduction trends.

Total emissions since 2015 ( in megatonnes CO2-eq.)
Year Scope 1 Scope 2 Scope 3 Total
2015 [21] 0,197 0,015 0,018 0,23
2016 [22] 0,16 0,0215 0,0215 0,203
2017 [23] 0,15 0,018 0,018 0,186
2018 [24] 0,155 0,019 0,019 0,193
2019 [25] 0,14 0,015 0,015 0,170
2020 [26] 0,115 0,0105 0,0105 0,136
2021 (No annual report published yet) XXX XXX XXX XXX

Climate Plans

Description of the climate plans of the company, with special focus on the goals for 2030 and 2050. Make sure to include the baseyear for their targets. Do the goals take the entire company and all scopes into account?

Due Diligence

Keep the broader context in mind. Is the company integer when it comes to deforestation, palm oil, biodiversity, human rights etc etc? Be critical in the sources used here.

Scandals and controversies

Any dirt on the companies can be added here.

Conclusion

Recap of the position and influence of the company. Are the climate plans of the company enough to be in line with goals of the Paris Agreement? Is the company doing enough? Are the companies targets realistic?

References

  1. https://www.bam.com/en/about-bam
  2. https://www.bam.com/en/about-bam/history
  3. https://www.bam.com/en/about-bam
  4. bam-2021-annual-report-606-1645685232618911579.pdf p. 4
  5. bam-2021-annual-report-606-1645685232618911579.pdf p. 25
  6. bam-2021-annual-report-606-1645685232618911579.pdf p. 28
  7. bam-2021-annual-report-606-1645685232618911579.pdf p. 170
  8. bam-2021-annual-report-606-1645685232618911579.pdf p. 199
  9. bam-2021-annual-report-606-1645685232618911579.pdf p. 9
  10. bam-2021-annual-report-606-1645685232618911579.pdf p. 200
  11. bam-2021-annual-report-606-1645685232618911579.pdf p. 83
  12. bam-2021-annual-report-606-1645685232618911579.pdf p. 84
  13. bam-2021-annual-report-606-1645685232618911579.pdf P. 69
  14. https://www.bam.com/sites/default/files/domain-606/documents/bam-integrated-report-2015-606-14587241992045720041.pdf
  15. https://www.bam.com/sites/default/files/domain-606/documents/bam-2016-integrated-report-606-14882637411544098698.pdf
  16. https://www.bam.com/sites/default/files/domain-606/documents/bam-2017-integrated-report-lr-606-1520439004332614648.pdf
  17. https://www.bam.com/sites/default/files/domain-606/documents/bam-integrated-report-2018-606-1551175785769337001.pdf
  18. https://www.bam.com/sites/default/files/domain-606/documents/bam-2019-integrated-report-606-1582797940125197599.pdf
  19. https://www.bam.com/sites/default/files/domain-606/documents/bam-2020-integrated-report-606-16190809501197955203.pdf
  20. https://www.bam.com/en/documents/annual-report-2021
  21. bam-integrated-report-2015-606-14587241992045720041.pdf p. 66
  22. bam-2016-integrated-report-606-14882637411544098698.pdf p. 75
  23. bam-2017-integrated-report-lr-606-1520439004332614648.pdf p. 95
  24. bam-integrated-report-2018-606-1551175785769337001.pdf p. 46
  25. bam-2019-integrated-report-606-1582797940125197599.pdf p. 43
  26. bam-2020-integrated-report-606-16190809501197955203.pdf p. 37