Group Management formulates policy and business strategy for the Van Loon Group, including objectives. This is done every five years for the medium term and annually for the short term. Our sustainability strategy is an integral part of the business strategy. Within Group Management, the CSO is responsible for formulating and implementing the sustainability strategy. 

Sustainability is a fixed item on the agenda of board meetings. The CSO keeps the board up to date on the latest developments in the field of sustainability. 

The board of directors bears overall responsibility for supervising the strategy and objectives, including annual planning and budgets. At least four times a year Group Management updates the board on progress regarding the strategy and objectives. 

Board meetings are held periodically at the Van Loon Group headquarters. In addition, individual non-executive directors visit various Van Loon Group locations, enabling them to assess the activities and meet the local management teams. 

The OGSM (Objectives, Goals, Strategies, Measures) method is used to monitor the progress and implementation of the strategy. This links ambitions and goals to the strategy and to corresponding actions and KPIs. This system is used by all companies and disciplines/departments. The dashboard is updated at least four times a year. It is reviewed by Group Management and the Management Team and adjusted where necessary. 

There are various committees within the board. The overview shows which committees board member have joined. All committees listed below meet at least once a year. To the greatest extent possible, meetings are scheduled prior to or after regular board meetings. 

The sustainability strategy is an integral part of the business strategy. To ensure this is properly embedded in the organisation, a practical structure has been set up in the form of a CSR team consisting of CSR Ambassadors from different parts of the company. The CSR team is led by the CSO and responsible for the CSR objectives and their realisation. The CSR team provides support in evaluating the IROs and climate-related risks and opportunities. The CSR team meets at least twice a year. 

The CSR ambassadors are subject matter experts, drivers, and first points of contact for their specific CSR theme(s). They are responsible for realising the CSR objectives and reporting on these in a timely manner. 

CSR ambassadorship is not a formal role.