Key targets & progress
To make our mission of “transforming the future as the fastest builder by focusing on innovation to create smart, energy-efficient and low-carbon solutions” more tangible, we defined a number of concrete targets to follow up.
Sustainable operations
Waste
Targets
- 2025: Decrease waste directed to disposal by 5%
- 2025: Increase use of internal reuse platform
Materiality: E5 – waste
E5, E5-3, DP 24e
Biodiversity
Target
- 2025: Define nature strategy
Materiality: E4 – biodiversity
GHG emission reduction targets
Materiality: E1, embodied carbon
E1, E1-4, DP 33
| Reporting year | Measure | Status |
|---|---|---|
| 2023 | Report on scope 1 & 2 of complete Cordeel group | 2024: All companies in BE, NL, HUN & BG --> 97.9 % of revenue covered |
| Report on the three most material scope 3 emissions | 2024: Spend-based PGS for majority of companies, representing XX% of revenue | |
| 2025 | Report on scope 1-3 of complete Cordeel group | |
| Define scope 3 target | Currently mostly spend-based which only allows for qualitative reduction targets | |
| Sustainable procurement for most material purchase categories | 2024: Top 50 suppliers were asked to report on scope 3 on our projects | |
| 2026 | Receive certification for highest level of CO2-performanceladder | Framework changes: Level 5 will become level 3 with several changes which we need to further investigate |
| 2027 | Absolute reduction of scope 1 & 2 by 57,5% (compared to 2021) | 2024: - 33,34% absolute reduction = -4,391 tons |
| 100% of passenger cars in Belgium and the Netherlands are electric | 2024: Belgium 64% | |
| 2030 | Absolute reduction of scope 1 & 2 by 72% (compared to 2021) |
Our people
S1, S1-5, DP 46
Safety of our workforce
Target & progress
- 2025: Decrease lost-time accidents by 5% –> Progress 2024: 53 work-related accidents (-5,4%)
- Ambition: Zero lost-time accidents
Materiality: Own workforce: S1-14: Health & Safety
Training hours
Target & progress
- 2025: Increase number of training hours by 5%
- Progress 2024: 25,940 hours (+38%)
Materiality: Own workforce: S1-13: training & skill development
Satisfaction Survey
Target & progress
- Annually conducted, participation rate of 90% in 2025
- Progress 2024: participation rate of 35%
Materiality: Own workforce: S1-2 engagement
Impact on society
Ethical behaviour
Targets
- No incidents of corruption or bribery: no incidents in 2024
- 2024: The functions at risk received a ethical behaviour training –> 52% of 189 employees participated in 2024
- 2025: No breaches of social legislation
- 2025: all employees followed ethical behaviour training
Materiality: Business conduct: G1-Corruption & bribery
Future-proof projects
Urban mining
Target
- No demolition or large-scale renovation without recuperating materials for reuse
Materiality: Circular Design, E5 – Waste
E5, E5-3, DP 24, 24c
Green concrete
Targets
- 2025: LCA’s for our most common precast concrete mixes
- Progress 2024: EPD was finished that was in the making for 2 years, recipe is outdated
- 2027: Additional reduction of embodied carbon of our precast elements by 10% per mix
- 2030: Precast elements: 50% reduction in CO₂-eq emissions compared to 1990 emissions in the Flemish Region
Materiality: E1, Embodied carbon
E1, E1-4, DP 33
Life cycle analysis of buildings
Target
- 2026: LCA’s for all design/engineering to build & construction team projects in early stage
- Progress 2024: Purchased One Click LCA license and underwent ongoing trainings, LCA’s for adhoc projects conducted
Materiality: E1, Embodied carbon