Bilfinger NL (FSE-listed parent) post-Stork 01 Apr 2024, Tata Steel Nederland (BSE/NSE), Stork (Fluor NYSE pre-Apr 2024), ASM International Euronext.
Dutch listed-parent specialty subsidiary workforce against Bilfinger Industrial Services Nederland (subsidiary of Bilfinger SE Mannheim Frankfurt Stock Exchange listed; post-01.04.2024 absorbed Stork NL/BE — 2,700+ employees and ~€500 m revenue transferred; combined Bilfinger NL/BE >5,000 employees), Tata Steel Nederland B.V. (IJmuiden; subsidiary of Tata Steel Limited BSE/NSE-listed India; split from Tata Steel UK in 2021; reports up to Indian parent), Stork (pre-April 2024 subsidiary of Fluor Corporation NYSE: FLR), and ASM International N.V. (Euronext Amsterdam-listed; specialty semiconductor equipment subs operating in NL) — CSRD ESRS S2 cascade: Dutch specialty-subsidiary value-chain disclosures consolidate into listed parent's group sustainability statement (Bilfinger SE Frankfurt + Tata Steel BSE/NSE + Fluor NYSE).
Request Technical BriefingRegulator exposure profile
- CSRD Art. 19a(9) + ESRS S2 cascade28%
- Listed-parent jurisdiction24%
- WagwEU + WKA + G-rekening26%
- CAO Metalektro + Bouw & Infra22%
NL specialty subsidiary disclosure cascade.
Dutch specialty subsidiary cascade matrix against Bilfinger NL (Bilfinger SE Frankfurt) / Tata Steel NL (Tata Steel BSE/NSE) / Stork (Fluor NYSE pre-Apr 2024) / ASM International / Bilfinger Benelux × ESRS cascade axes. Sub may benefit from CSRD Art. 19a(9) group exemption but must provide data to parent.
| Bilfinger NL | Tata Steel NL | Stork (pre-Apr24) | ASM Intl | Other subs | |
|---|---|---|---|---|---|
| Listed parent stock exchange | covered | covered | covered | covered | partial |
| ESRS S2 cascade | covered | covered | covered | covered | partial |
| CSRD Art. 19a(9) exempt | covered | covered | covered | covered | partial |
| WagwEU + WKA | covered | covered | covered | covered | covered |
- Cascade in force
- Conditional
- NL transposition pending
- Out of scope
CSRD Art. 19a(9) — sub may exempt from own report but must provide data to parent.
Named projects in this jurisdiction
- Bilfinger Industrial Services Nederland (subsidiary of Bilfinger SE Mannheim Frankfurt Stock Exchange; post-01.04.2024 absorbed Stork NL/BE — 2,700+ employees and ~€500 m revenue transferred; combined Bilfinger NL/BE >5,000 employees) Bilfinger SE (German listed parent) 2024
- Tata Steel Nederland B.V. (IJmuiden; subsidiary of Tata Steel Limited BSE/NSE-listed India; split from Tata Steel UK in 2021) Tata Steel Limited (Indian listed parent) 2021
- Stork (pre-April 2024 subsidiary of Fluor Corporation NYSE: FLR; transferred to Bilfinger SE 01.04.2024) Fluor Corporation (pre-2024) / Bilfinger SE (post-2024) 2024
- ASM International N.V. (Euronext Amsterdam-listed; specialty semiconductor equipment subs operating in NL) ASM International N.V.
Dutch listed-parent specialty subsidiaries cascade to foreign-jurisdiction parents: Bilfinger NL → Bilfinger SE Frankfurt (post-Stork 01.04.2024; 5,000+ Benelux), Tata Steel NL → Tata Steel BSE/NSE (since 2021 UK split), Stork (pre-Apr 2024 Fluor NYSE), ASM International Euronext. CSRD Art. 19a(9) group consolidation + ESRS S2 cascade.
01. Pre-pricing — CAO Metalektro + ESRS S2 data feed
Specialty workforce under CAO Metalektro. Worker-level data feed to listed-parent ESRS S2 disclosure (Bilfinger SE / Tata Steel / Fluor pre-2024).
02. A1 + Dutch-language contract + parent-cascade documentation
A1 + Dutch-language contract predate site arrival. Worker data flow up to parent CSRD report consolidation.
03. NLA + parent-jurisdiction onboarding
Nederlandse Arbeidsinspectie operational supervision in NL. Parent-jurisdiction CSRD consolidation (Frankfurt + BSE/NSE + NYSE) per group statement.
04. NLA + parent-defensible evidence pack
Minimum pack: NL-bank-traceable remuneration, Dutch-language contract, A1 receipt, CAO Metalektro tariff reconciliation, ESRS S2 worker-level data for parent consolidation.
05. India and Gulf sourcing corridors — the Netherlands specialty-sub pathway
Indian and Gulf specialty pools route through CAO Metalektro + ESRS S2 audit-grade chain-of-custody to foreign-jurisdiction parent (Bilfinger SE / Tata Steel / Fluor pre-2024 / ASM Euronext).