To the readers of the Integrated Annual Report of Royal DSM N.V.
We were engaged by the Managing Board of Royal DSM N.V. to provide limited assurance on the sections ’Sustainability strategy’, ‘People in 2010’ and ‘Planet in 2010’ (further referred to as: ‘The Sustainability Information’), included in the chapters Sustainability strategy, People in 2010 and Planet in 2010 in the Integrated Annual Report 2010. Management is responsible for the preparation and fair presentation of The Sustainability Information. Our responsibility is to provide limited assurance on this information.
Our engagement was designed to provide limited assurance on whether The Sustainability Information is fairly presented, in all material respects, in accordance with the G3 guidelines of the Global Reporting Initiative supported with the internal reporting guidelines as described in Sustainability reporting approach.
Procedures performed to obtain a limited level of assurance are aimed at determining the plausibility of information and are less extensive than those for a reasonable level of assurance.
We have also assessed, to the extent of our competence, whether the information on sustainability in the Integrated Annual Report is consistent with The Sustainability Information.
Royal DSM N.V. applies the Sustainability Reporting Guidelines of the Global Reporting Initiative (G3) supported with internal corporate reporting guidelines as detailed in Sustainability reporting approach of the Integrated Annual Report. It is important to view the performance data in the context of this explanatory information. We believe that these criteria are suitable in view of the purpose of our assurance engagement.
We conducted our engagement in accordance with Standard 3410N ‘Assurance engagements relating to sustainability reports’ of the Royal Netherlands Institute of Register Accountants. Amongst others, this standard requires that the assurance team members possess the specific knowledge, skills and professional competencies needed to understand and review the information and that they comply with ethical requirements, including independence requirements.
We undertook the following procedures:
During the assurance process we discussed changes to the various drafts of The Sustainability Information with DSM, and reviewed the final version of The Sustainability Information to ensure that it reflected our findings.
Based on the procedures performed, as described above, we conclude that The Sustainability Information does not, in all material respects, appear to be unfairly stated in accordance with the Sustainability Reporting Guidelines (G3) of the Global Reporting Initiative supported with the internal reporting criteria as described in Sustainability reporting approach.
We also report, to the extent of our competence, that information on sustainability in the Integrated Annual Report is consistent with The Sustainability Information.
Amsterdam, 22 February 2011
Signed by W.J. Bartels