At Vopak, we have thought carefully about our sustainability activities and we want to implement our plans at the right time and in the right way. For this reason, we have created the Vopak Sustainability Strategy divided into three phases:

Phase 1: Defining Basic Processes (2008-2009):

• laying down our sustainability policy in a mission statement and policy document setting out our short-term goals
• assembling a reporting manual
• developing a step-by-step plan for implementation
• determining a detailed time table for Phase 2

Phase 2: Embedding Policies (2009-2010):

• implementing our sustainability policy and measurement systems
• increase external reporting
• determining long-term quantitative sustainability goals
• determining a detailed time table for Phase 3

Phase 3: Realizing Ambitions (2009-2012):

• final roll-out of the sustainability strategy
• continuous monitoring and evaluation of results
• further improve external reporting