Rotterdam, 22 July 2011

Deloitte’s vision is to be the Standard of Excellence and we believe important steps were taken in 2010/2011 to come closer to realising this ambition. The period was the first full year in which Deloitte implemented its new As One strategy.

Sustainability is a key element of this strategy and is comprised of two main focus areas. First of all, to ensure the organisation is practicing what it preaches by achieving a high level of sustainability across its own operations, and secondly, to benefit its clients by integrating sustainability across all the services it delivers.

Programmes have started in several target areas and a major focus is to undertake a comprehensive stakeholder dialogue process. This process continues until the next fiscal year and will help to further improve our reporting by taking us towards a fully integrated sustainability report. It also helps us to develop targets until end of 2015/2016.

The greatest impact that Deloitte can have is to support its clients in their journeys towards greater sustainability. Deloitte has therefore started an extensive sustainability embedding programme for many of its service lines and embarked on a sustainable innovation agenda, including collaborations with leading organisations in this field.

At the same time, Deloitte took further steps to reduce its environmental footprint through measures that included a green car leasing policy and constructing a sustainable office buildings in Amsterdam and Utrecht. Target setting will be further defined based on the outcome of our stakeholder dialogues.

This report outlines the important progress Deloitte has made in this regard and describes the measures Deloitte is taking to incorporate sustainability even further. >>

The Supervisory Board last year supported the decision by the Executive Board to appoint a dedicated Sustainability Board responsible for driving forward the new strategy. However, this early progress was overshadowed by the passing away of the Chair of the Sustainability Board, Mr. Ko van Leeuwen, who had just begun to enthusiastically shape the Board’s agenda. In April 2011, Mr. Jos Koedijk took over the role as Chairman. We wish him all the best in his new function.

We realise that Deloitte’s role in society is important, as we aim to provide sustainable, high quality solutions to our clients. The Board sees Deloitte Netherlands moving ahead with conviction and passion - which are the necessary ingredients for achieving our goals. This is also a specific responsibility for Deloitte overall, now being the biggest global accounting and advisory firm. Deloitte Netherlands, is committed to taking a leading role in this challenge towards a sustainable future for all.

The Supervisory Board is grateful to all partners and staff for their hard work and commitment throughout this fiscal year. We are confident that the Sustainability programme now underway will ensure Deloitte’s leadership in the market for many years to come.

The Supervisory Board
A. Verberk (Chairman)
J.C. Kombrink
J. Schraverus
F.G. Barnard (Vice-Chairman)
J.G.C.M. Buné
F. R. Herreveld