2.5 How we create value for society
While our strategy sets out how we will achieve our long-term goal of being profitable by being sustainable, our value creation model illustrates what this means for society. How our grey-to-green ambition translates into impact for people, the environment and the economy. The value creation model explains how we apply BAM resources, capabilities and partnerships to build a sustainable tomorrow through the projects we deliver, the way we work and the choices we make daily.
Our sustainability foundation
BAM began reporting on its sustainability efforts nearly a decade ago. In 2020, we introduced Building a sustainable tomorrow as our mission and operating framework. This anchors our strategy, guides our decisions and shapes how we seek to create long-term value for society and future generations.
Our value creation drivers
As an organisation, we approach value creation from three dimensions: economic, environmental and social. These reflect what our stakeholders expect from us and what is required to build a resilient, sustainable and future-fit organisation.
Economic value
We aim to be a financially strong and predictable company that invests in innovation, industrialisation and sustainable solutions. This includes maintaining a strong balance sheet, delivering healthy margins and being disciplined when allocating capital. Doing this enables us to reinvest in our people, strengthen our capabilities and contribute to stable and future-oriented built environments.
Environmental value
We create environmental value by using materials responsibly and designing assets that support a low-carbon, circular and climate-resilient future. Specific steps include cutting our own emissions significantly, reducing the use of virgin materials, minimising construction waste and integrating climate adaptation and nature-enhancing measures into our projects.
Social value
We create social value by delivering assets that support essential societal functions and by contributing positively to the communities in which we operate. Under this fall the goals of ensuring a safe and inclusive working environment, representing the diverse communities we work within, gender and cultural diversity, community engagement and creating local opportunities during project delivery. Through our work in education, healthcare, housing and public infrastructure, we help improve people’s daily lives.
How we drive sustainability
BAM's Sustainability Framework is embedded in our overall mission: Building a sustainable tomorrow. The framework consists of six material themes concerning People and Planet and is aligned with selected United Nations Sustainable Development Goals. It includes targets for 2026 and 2030. More information on the progress we have made regarding sustainability performance can be found in chapter 3.2.
