To: the Annual General Meeting of Shareholders of N.V. Luchthaven Schiphol
Report on the selected Corporate Responsibility disclosures
In the Annual Report N.V. Luchthaven Schiphol (hereafter ‘Schiphol Group’) reports on its policies, activities and performance relating to Corporate Responsibility (hereinafter: ‘CR’) in the reporting period 2012 (hereinafter: ‘CR disclosures’). We have been engaged by the Management Board of Schiphol Group to review selected CR disclosures in the 2012 Annual Report.
A review is focused on obtaining limited assurance which does not require exhaustive gathering of evidence as in audit engagements. Consequently a review engagement provides less assurance than would be obtained from an audit engagement.
Our engagement is confined to providing limited assurance on selected CR disclosures as listed in the section ‘Reporting guidelines’ on pages Reporting guidelines and Performance indicators. We do not provide assurance on other CR disclosures in the Annual Report which are outside our limited assurance scope. Furthermore, we do not provide any assurance on the assumptions and feasibility of prospective information relating to CR, such as targets, expectations and ambitions, included in the Annual Report.
The Management Board of Schiphol Group is responsible for the preparation of the CR disclosures in the Annual Report. We are responsible for providing an assurance report on the CR disclosures as listed in the section ‘Reporting guidelines’ on pages Reporting guidelines and Performance indicators.
Schiphol Group developed its reporting criteria on the basis of the G3.1 Guidelines of the Global Reporting Initiative (‘GRI’). These reporting criteria contain certain inherent limitations which may influence the reliability of the CR disclosures. These limitations are adequately explained in the CR disclosures on pages Operational and socio-economic statements until 118.
The CR disclosures in our assurance scope do not cover all entities of Schiphol Group as they only include data from Amsterdam Airport Schiphol. Detailed information on the reporting scope is given in the section ‘Reporting guidelines’ on pages Reporting guidelines and Performance indicators of the Annual Report. We consider the reporting criteria to be relevant and appropriate for our examination.
We planned and performed our review procedures in accordance with Dutch Law, including Standard 3410N ‘Assurance engagements relating to sustainability reports’. Our most important procedures were:
- performing an analysis of Schiphol Group’s operating context and obtaining insight into the industry, relevant social issues, relevant laws and regulations as well as the characteristics of the organisation;
- reviewing the acceptability of the reporting policies and their consistent application, such as review of the outcomes of the stakeholder dialogue and the reasonableness of estimates made by management;
- with regard to the CR disclosures in our assurance scope, reviewing the systems and processes for data gathering, internal controls and the aggregation process of data to the CR disclosures as presented in the Annual Report;
- with regard to the CR disclosures in our assurance scope, reviewing internal and external documentation to determine whether the CR disclosures in the Annual Report are adequately substantiated;
- evaluating the overall presentation of the CR disclosures in the Annual Report, in line with Schiphol Group’s reporting criteria;
- assessing the consistency of CR disclosures in the Annual Report; and
- reviewing the application level according to the G3.1 Guidelines of GRI.
We believe that the evidence obtained from our examination is sufficient and appropriate to provide a basis for our conclusion.
Based on our review procedures performed, nothing has come to our attention that would cause us to conclude that, in all material respects, the CR disclosures as listed in the section ‘Reporting guidelines’ on pages Reporting guidelines and Performance indicators, do not provide a reliable and adequate presentation of the CR policy of Schiphol Group or of the activities, events and performance of the organisation relating to CR during the reporting period 2012, in accordance with Schiphol Group’s reporting criteria.
Amsterdam, 14 February 2013
PricewaterhouseCoopers Accountants N.V.
Original has been signed by drs. S. Barendregt-Roojers RA