Value creation model
Input
People
It is ingenious people who make Van Oord what it is. We encourage and support personal development, continuous training and a focus on health and safety.
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6,299 employees, 92 nationalities
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Trained and highly motivated employees
Knowledge
With over 155 years of experience as an international marine contractor, our intellectual capital is deeply embedded in our company. We have standard processes worldwide and develop new marine solutions and innovations as an answer to global challenges.
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Vox Innovation for overall innovations
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Van Oord Management System (VOMS)
Global coverage
We operate a versatile fleet to execute projects around the world.
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Fleet of high-quality vessels and other equipment
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Branch offices and yards worldwide
Financial capital
Our shareholders and creditors provide us with a solid financial position. With regard to the company’s continuity, we maintain an order book of projects that Van Oord has been awarded but has yet to carry out.
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EUR 1,131 million equity
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EUR 42 million net cash
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EUR 4,428 million order book
Social impact & relationships
We are a family-owned company and as part of our purpose we care about creating a sustainable world for future generations. Client intimacy and partnering are key.
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Good reputation
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Long-term stakeholder relationships and strategic partnerships
Natural capital
Our business makes use of natural resources, such as:
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Fuels and other energy
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Sand and rock
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Steel and copper
Business model
Why
Purpose
Creating a better world for future generations by delivering Marine ingenuity.
How
Mission
As a global marine contractor with over 155 years of experience, we strive to enhance the energy transition and to deliver climate adaptation and marine infrastructure solutions. We work safely and partner with our clients and stakeholders.
Values
Tendering
Engineering
Procurement
Construction
Maintenance
Corporate strategy
We deliver long-term client and stakeholder value through our synergistic portfolio of marine businesses.
The Right People
Sustainability
Digital & AI
Our drivers
Climate change
mitigation strategies and climate change adaptation.
Maritime transport
infrastructure to enable global supply chains.
Realise offshore energy
infrastructure to meet
rising energy demand.
Create space for growing
(coastal) urbanisation across
the globe.
Activities
Dredging
Offshore wind
Offshore
Infra
Output
People
We offer a safe working environment for all our people as well as professional and personal development. We want to be recognised as an attractive employer.
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4,536 participants in classroom training courses
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10,229 participants in e-learning training modules
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0.44 Total Recordable Injury Rate (TRIR)
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0.18 Lost Time Injury Frequency Rate (LTIFR)
Knowledge
We offer Marine ingenuity and strive for continuous improvement to provide our clients with innovative and sustainable solutions.
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Partnering for new innovations
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Sharing our knowledge via our Climate Risk tool
Global coverage
We maintain a state-of-the-art fleet and invest in digitalisation projects and improvements to better meet the demands of our clients.
Financial capital
We create cash flow from operational, investment and financing activities.
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10.3% return on capital employed
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EUR 353 million net cash flow
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EUR 44 million dividend
Social impact & relationships
We take responsibility. For each project, we consider the environmental and social impact. We try to maximise positive impact and avoid or mitigate negative impact.
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Environmental and Social Impact assessments
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OECD Guidelines for Multinational Enterprises
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Sustainable supply chain of 1,920 suppliers which we have assessed on environmental, social and corporate governance risks
Natural capital
We aim to reduce our energy consumption and greenhouse gas emissions. Energy efficiency measures have been taken to reduce our carbon footprint. We assess supplier due diligence regarding the use of natural resources during execution of our work.
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ISO certifications for quality, environmental, energy, health and safety management
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Dedicated Climate Adaptation Action Plan
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Dedicated Ocean Health programme
Impact areas
Value for the client
Continuity of
our company
Economic development,
employment opportunities
and social development
Enhancing the
energy transition
Empowering
nature & communities
Achieving net-zero
emissions
UN SDGs
These 8 goals
reflect Van Oord’s
main impact areas:
