GRI:

For the Budimex Group, a significant category of business risk is a potential lack of compliance of conducted activities with environmental protection law, administrative decisions or social expectations in this area. Its materialisation could have direct effect on both business continuity and financial result. These can include:

  • financial sanctions,
  • suspension or delay in works,
  • protests by residents and/or environmental organisations,
  • loss of reputation as a desired contractor of construction works.

In the long-term perspective, the risks arising from the climate crisis are of particular importance. The Budimex Group must take into account in its risk model the issue of their business model's resilience to climate change and related financial burdens imposed on emitters of greenhouse gases.

Prior to the commencement of each investment project, it is assessed in terms of environmental risks and their minimisation. This is done through the Questionnaire of Environmental Requirements and Aspects filled in by the construction manager and contract manager. Then the risk exposure is analysed, and the final result of the process is the development of an Environmental Task Plan for Construction implemented into the Safety and Health Protection Plan.

The sum of risks at all construction sites is calculated using the MARS tool. Mitigation measures are developed each year for the highest risk aspects.

In the risk assessment process, Budimex Group takes into account the following environmental aspects:

Risk aspect Environmental impact
interaction with the construction site environment
  • neighbourhood nuisance
  • complaints
  • damage to the image
  • occurrence of a serious industrial accident
  • occurrence of disturbances in the plant operations
use of land and soil
  • land occupation
  • soil contamination
  • change in land use
water use
  • change in the quantitative status of waters
  • soil and water contamination
  • change of flow, water pollution
waste emission
  • land occupation
  • surface contamination, bacteriological risk
  • soil and water contamination
emission of pollutants into the air
  • emission of dust pollution
  • emission of dust and gas pollution
emission of vibrations and noise
  • noise emission
  • emission of vibrations
  • physical damage
use of raw materials and materials
  • use of raw materials
  • savings in the use of raw materials
use of hazardous substances
  • soil and water contamination
impact on biodiversity
  • losses in forest stand
  • damage to forest stand
  • losses in natural capital (losses in animal population)
cultural heritage
  • losses in facilities with a cultural value
emergencies
  • soil/water/air contamination

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