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BAM has committed to purchasing 100% of its electricity from renewables by 2020, investing €1.5 million to convert its fleet to electric vehicles and increasing use of environmentally friendly materials.
The Dutch owned construction group has reported turnover in 2018 of €523.6m (a 13% increase on 2017) and pre-tax profits of €14m, as reported on their website.
A significant increase in activity in the private-sector market in Ireland, strong activity in the privately financed PPP sector and continued strong involvement in public sector works, have contributed in large part to the year’s success.
2018 saw BAM make substantial progress in its drive to be recognised as a sector and national leader in tackling climate change. It has committed to purchasing 100% of its electricity from renewables by 2020, investing €1.5 million to convert its fleet to electric vehicles and increasing use of environmentally friendly materials.
Overall it has committed to halve its CO2 intensity by 2030 and is one of only 200 companies globally to have this target scientifically approved through the Science-Based Targets initiative (SBTi) aligned with the Paris climate agreement.