Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable Development
• Ethics
• Safety
• Diversity and Equality
• Civic Engagement
• Green Growth

Environmental Achievements

• Reduced carbon intensity by 14.4% compared to 2009 (61 tonnes of CO₂ equivalent per million euros of revenue)
• Increased purchase of electricity from renewable sources fourfold in five years to 12,765 MWh in 2014
• Building and civil engineering projects certified BBC, Bepos, HQE®, Breeam® or Leed® represented €3.7 billion in revenue

Social Achievements

• Total funding for social integration projects, research, environment, and culture, along with employee skills sponsorship, reached €12 million
• 95.4% of employees acknowledged receipt of the Code of Ethics and Conduct
• Increased percentage of women managers in Contracting from 14% in 2010 to 16% in 2014
• 3.17 million hours of employee training completed

Governance Achievements

• Dow Jones Sustainability Index (DJSI) score increased from 76 to 80/100
• Carbon Disclosure Project (CDP) awarded 100/100 for transparency of information and A- for carbon strategy performance
• Standard & Poor’s upgraded credit ratings on VINCI, ASF, and Cofiroute from BBB+ to A-

Climate Goals & Targets

Environmental Challenges

• Deterioration of the economic environment from the second quarter of 2014, affecting Contracting in France
• Difficulties encountered in construction activities in the UK
• Lower margins in France
• Slowdown in public-sector orders in France starting in the second quarter
• Uncertainty concerning infrastructure funding
• Unsettled political environment in Quebec affecting business volume
• Postponement of several projects due to geopolitical instability, reduced investment capacity in oil-producing countries, and the Ebola crisis

Mitigation Strategies

• Measures to adapt to shrinking business activity, including reducing temporary personnel, insourcing tasks, not replacing retirees, and using part-time employment
• Reorganisation to reduce cost structure and optimize resources
• Deployment of the Orchestra program to optimize production
• Scaling back activity in Germany to boost margins
• Focusing on medium-sized projects for local authorities in Poland
• Focusing on higher value-added markets in facility management

Supply Chain Management

Responsible Procurement

• Subcontractor Relations Code of Practice
• Code of Ethics and Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Natural events (earthquakes, floods, windstorms)

Transition Risks

• Changes in environmental protection regulations

Opportunities

• Growth in client demand for renewable energy generation and energy-efficient products

Reporting Standards

Frameworks Used: Global Reporting Initiative (GRI), Carbon Disclosure Project (CDP), United Nations Global Compact

Certifications: ISO 14001

Sustainable Products & Innovation

• Smartvia® and Smartvia Track® instrumentation systems
• Recyvia® surfacing refurbishment process

Awards & Recognition

• Health Promoting Enterprise Award (Eurovia Kamenolomy)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced carbon intensity by 16.7% from 2009 (base year) to 2015 (59 tonnes of CO2 equivalent in 2015 compared with 61 tonnes of CO2 equivalent in 2014)
• 17,620 MWh of electricity bought was generated from renewables compared with 12,765 MWh in 2014
• 71% of VINCI companies recorded no lost-time workplace accidents

Social Achievements

• Total funding for social integration projects, research, the environment and culture, together with Group employees’ skills sponsorship, came to €12.5 million, a 4.3% increase on the previous year
• Number of women employees increased by 2% to 26,906
• Reached 20% women managers target in France

Governance Achievements

• 97.3% of employees acknowledged receipt of the Code of Ethics and Conduct
• Maintained strong credit ratings (A- from Standard & Poor’s and Baa1 from Moody’s)

Climate Goals & Targets

Environmental Challenges

• Economic headwinds, decline in Contracting activities (particularly in French construction and roadworks markets)
• Contraction in new build projects
• Falling oil and gas prices impacting revenue of oil companies and oil-producing countries

Mitigation Strategies

• Excellent fit between Concessions and Contracting businesses
• International expansion (more than 40% of revenue generated outside France)
• Acquisitions outside Europe (Brazil, Oceania, New Zealand)
• Adaptation measures to protect employment in France (insourcing tasks, limiting temporary employment and subcontracting)
• Focus on renovation and maintenance activities

Supply Chain Management

Responsible Procurement

• Stringent sustainable development criteria for supplier selection (safety, environment, human rights)
• Subcontractor Relations Code of Practice (VINCI Construction)

Climate-Related Risks & Opportunities

Physical Risks

• Natural events (earthquakes, floods, windstorms)

Transition Risks

• Changes in environmental protection regulations

Opportunities

• Growth in client demand for renewable energy and energy-efficient products

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: ISO 14001, ISO 26000

Sustainable Products & Innovation

• Recyclovia®, cold in situ road pavement recycling process
• Blue Fabric low-consumption buildings
• Biocalcis® ground consolidation eco-technology

Awards & Recognition

• 2014 Best Investor Relations and Best Investor Day awards (Europe’s construction sector)

Environmental Metrics

ESG Focus Areas

• Workforce-related responsibility
• Environment
• Social information
• Human Rights
• Anti-corruption
• Biodiversity

Environmental Achievements

• Achieved a B- rating from CDP Water Disclosure, above average for sector companies.
• Maintained a high ranking in the CDP Climate Change Program with a score of B.
• Reduced CO₂ emissions by 19% since 2009.
• Increased purchases of electricity from renewable energy sources to 57,793 MWh in 2017 (from 15,614 MWh in 2016).
• 68.5% of VINCI Autoroutes waste was recovered in 2017 (66.5% in 2016).
• VINCI Construction UK maintained a high waste recovery rate of 93% in 2017 (98% in 2016).

Social Achievements

• Rolled out a diversity program via a worldwide network of 208 diversity coordinators.
• Signed 1,153 collective agreements.
• Distributed €151.6 million in profit-sharing and incentive plans in France (up from €141.8 million in 2016).
• Extended employee savings arrangements to employees in 30 countries outside France.
• Improved the proportion of companies with no lost-time workplace accidents from 63% to 72% in five years.

Governance Achievements

• Further reinforced internal controls through the creation of an Ethics and Vigilance Department.
• Updated its Code of Ethics and Conduct.
• Signed a tripartite agreement with BWI and QDVC on workers’ rights in Qatar.

Climate Goals & Targets

Environmental Challenges

• Strong market fluctuations.
• Expiry of worksite contracts, particularly outside France.
• Difficult local economic conditions in some regions leading to restructuring or discontinuation of operations.
• High employee turnover (approximately 25%).
• Managing GHG emissions from buildings and throughout the value chain (Scope 3).

Mitigation Strategies

• Implemented human resources management methods, including coordination between regional activities and solidarity measures, and job transfers between regions and sectors.
• Adapted recruitment policy to new worksites.
• Implemented job mobility and redeployment plans.
• Leveraged VINCI Insertion Emploi (ViE) expertise to support businesses reducing their workforce.
• Developed a methodology for measuring Scope 3 emissions of its buildings business.

Supply Chain Management

Supplier Audits: 682 on-site responsible purchasing audits conducted over the last five years

Responsible Procurement

• Group’s Supplier Performance Charter
• Integration of sustainable development criteria in contract negotiations.
• Use of responsible purchasing questionnaires.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes

Opportunities

• Development of climate-adapted solutions.

Reporting Standards

Frameworks Used: GRI, ISO 26000, UN Global Compact

Certifications: ISO 14001

Third-party Assurance: One of VINCI's Statutory Auditors

UN Sustainable Development Goals

• Not disclosed

VINCI's sustainable development policy encompasses the UN Sustainable Development Goals.

Sustainable Products & Innovation

• Aqua-eco (water reduction technology)
• NOXer® (air pollution treatment process)
• Viaphone® (low-noise road surfacing material)
• Tempera® warm mix asphalt

Awards & Recognition

• 2016 ACI service quality awards for Puerto Plata and Porto airports.
• Popular Choice award at Architizer A+Awards 2017 for Aqualagon water park.
• Sustainable development prize winner at the VINCI 2017 Innovation Awards.

Environmental Metrics

ESG Focus Areas

• Climate change
• Circular economy
• Natural environment
• Diversity and inclusion
• Human rights
• Safety
• Ethics and compliance

Environmental Achievements

• Reduced carbon intensity by 28.3% between 2009 and 2019 (aiming for 40% reduction by 2030 and net-zero by 2050)
• Salvador airport awarded Level 2 Airport Carbon Accreditation (ACA) certification, confirming carbon footprint reduction.
• Installation of a 4.2 MW solar farm at Salvador airport to cover 30% of electricity needs.
• Implementation of Waste Marketplace, a digital solution improving construction waste recycling and traceability (80% recycling rate).
• Development of low-carbon concrete reducing carbon footprint by 60%.
• Implementation of Power Road®, solar heating technology avoiding 16 tonnes of CO₂ emission per year at one site.

Social Achievements

• Launched Give Me Five social integration programme, aiming to host 5,000 students by end of 2020.
• 187,000 work hours completed under social integration contracts on A9 motorway widening project (eight times initial target).
• 72% of Group companies with no lost-time workplace accidents.
• 4.4 million hours of employee training.
• Employee share ownership plan with employer contribution scheme extended to four new countries.
• Exceptional employer contribution of €400 to each Group employee in France (€40 million total).

Governance Achievements

• Established anti-corruption training for all employees.
• Implemented VINCI Integrity, an online whistleblowing platform.
• 69% of independent directors and 50% women directors on the Board.

Climate Goals & Targets

Environmental Challenges

• Social unrest in France impacting VINCI Autoroutes' operations.
• Supply chain disruptions (not explicitly stated, but implied by the need for alternative sourcing strategies).
• Climate change impacts on infrastructure and operations.
• Under-investment in the oil and gas sector affecting Entrepose's revenue.

Mitigation Strategies

• Developed alternative sourcing strategies (implied).
• Implemented measures to adapt to climate change consequences (resilience working group at Leonard).
• Investing in infrastructure upgrades and extensions.
• Implementing new environmental goals for 2030.

Supply Chain Management

Responsible Procurement

• Responsible subcontractor management practices; assessment of subcontractors' commitment to respecting human rights and business ethics.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather

Transition Risks

• Regulatory changes

Opportunities

• Development of energy-efficient products and services

Sustainable Products & Innovation

• Low-carbon concrete
• Power Road®
• Recycled materials

Awards & Recognition

• ACI Europe Best Airport award (Lyon – Saint Exupéry)
• ACI’s Best Airport in Europe award (Porto airport)
• ACI’s Best Airport in Latin America and the Caribbean Award (Guanacaste airport)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Natural Environments
• Social and Workforce Expectations
• Urbanisation
• Mobility
• Digital Transition
• Human Rights
• Business Ethics
• Health and Safety

Environmental Achievements

• 17% of electricity consumed in 2020 is from renewable sources
• 10% reduction in greenhouse gas emissions (Scopes 1 and 2) restated for the impact of acquisitions in 2020 vs. 2018
• 90% low-carbon concrete used by VINCI Construction
• 12 million tonnes of recycled aggregate mix out of Eurovia’s total annual production (80 MT)
• 54% of waste recovered by infrastructure under concession in 2020
• More than 90% of timber used by wood construction subsidiaries from PEFC- or FSC-certified sustainable forests in 2020
• €3.5 billion of revenue generated covered by an environmental label in 2020

Social Achievements

• Increased proportion of women managers to 21.1% in 2020 (23.7% in France)
• €10 million in exceptional aid granted to the Fondation VINCI pour la Cité for COVID-19 crisis management
• More than 50% of purchases made with small and medium enterprises
• Almost all purchases for French operations made on the domestic market
• Almost 2 million integration hours in the Group
• 1,600 tablets and computers distributed
• Give Me Five programme: over 3,000 middle school students hosted by end-2020
• Over 17,000 employees covered by human rights assessments at Group subsidiaries in 26 countries
• €448 million paid out to employees through employer contributions and employee profit-sharing, incentive and retirement savings plans

Governance Achievements

• Implementation of a strong framework for integrity and transparency, including a Code of Ethics and Conduct and an Anti-corruption Code of Conduct available in 30 languages.
• 22,000 employees trained in corruption prevention and detection

Climate Goals & Targets

Environmental Challenges

• Climate change risks
• Growing pressure on natural resources and the environment
• Social inequality and crises
• Need to improve human rights in value chains
• Rampant urbanization
• Need for sustainable mobility
• Risks of human rights violations
• Occupational risks and psychosocial risks

Mitigation Strategies

• Actions to reduce greenhouse gas emissions in line with the Paris Agreement
• Commitment to the circular economy
• Ecological engineering expertise
• Measures to protect employees, promote inclusion, and improve human rights
• Development of eco-efficient solutions
• Focus on responsible purchasing policy
• Implementation of a social risk management policy
• Strict procedures and multiple systems to ensure employees’ safety
• Accident prevention programmes
• Training programmes on corruption prevention and detection
• Whistleblowing platform (VINCI Integrity)

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Priority on working with local suppliers and subcontractors
• Assessment of subcontractors for their commitment to respecting human rights and business ethics

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of eco-efficient solutions

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Low-carbon motorway project (VINCI Autoroutes)
• Granulat+ programme (Eurovia)
• Ecological engineering services and low-carbon concretes (VINCI Construction)
• Energy performance or renewable energy contracts (VINCI Energies)
• Modulated airport tax charges based on aircraft environmental performance (VINCI Airports)

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate emergency
• Workplace and social expectations
• Urbanisation
• Mobility
• Digitalisation

Environmental Achievements

• 8% reduction in greenhouse gas emissions (Scopes 1 and 2, excluding impact of acquisitions) between 2018 and 2021.
• 25% of electricity consumption from renewable sources in 2021.
• 42% of reclaimed aggregates from VINCI Autoroutes recycled at its own worksites.
• 17 sites with zero waste to landfill at VINCI Concessions.
• 37 airports within VINCI Airports use no phytosanitary products.
• 55% of motorway rest areas equipped with electric vehicle charging stations.
• A355 motorway (Western Strasbourg Bypass) designed to achieve no net loss of biodiversity.
• Reduced CO2 emissions by half in trial motorway renovations using recycled materials.

Social Achievements

• 85% of international employees are eligible to participate in the employee share ownership plan.
• More than 160,000 current and former employees owned nearly 10% of VINCI’s share capital.
• €6.2 million in funding granted in 2021 by VINCI’s 16 foundations and sponsorship organisations worldwide.
• 2,390 new apprentices joined Group companies in France in 2021.
• 73% of Group companies with no lost-time workplace accidents.
• 4,000 middle school students in the Give Me Five integration programme.
• 1,328 employees involved in solidarity initiatives via the Group’s foundations.
• Initiatives to “degender” the Group’s business activities involving 700 employees.

Governance Achievements

• 67% independent directors
• 54% women directors
• Established online whistleblowing platform (VINCI Integrity).

Climate Goals & Targets

Environmental Challenges

• Covid-19 pandemic impacting activities and performance.
• Supply chain disruptions.
• Climate change risks.
• Social inequality and crises.

Mitigation Strategies

• Cost optimisation plans saving €2 billion between March 2020 and December 2021.
• Renegotiation of contracts and raising additional funds.
• Implementation of environmental policy and action plans.
• Development of shared solutions to improve the footprint of customers, users, suppliers and partners.
• Accelerating innovation across the Group and its core businesses.

Supply Chain Management

Responsible Procurement

• Identifying risks, considering non-financial criteria in purchasing decisions, supporting suppliers and subcontractors in their social and environmental practices.
• 88% of contracts integrated responsible purchasing criteria during the tender process.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events, flooding

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient products and services, renewable energy concessions.

Reporting Standards

Frameworks Used: GRI, TCFD, SASB

Certifications: ISO 9001, ISO 14001, ISO 45001

Sustainable Products & Innovation

• Exegy ultra-low-carbon concrete
• Rehaskeen® façade insulation system
• Granulat+ recycled aggregate mix
• addHelix logistics services platform

Awards & Recognition

• Or’Normes award for inclusive society
• Airport Service Quality awards (Lisbon, Porto, Toulon Hyères airports)
• Green Airports Recognition (Salvador Bahia airport)
• Most Sustainable Aerodrome in Brazil (Salvador Bahia airport)
• National Gold Award for Infrastructure (Regina Bypass, Canada)

Environmental Metrics

ESG Focus Areas

• Workforce performance
• Health, safety, and security
• Employability and skills development
• Social dialogue
• Inclusion and diversity
• Socio-economic contribution
• Relations with suppliers and subcontractors
• Respect for human rights
• Business ethics
• Tax measures
• Environmental performance
• Climate change mitigation and adaptation
• Circular economy
• Biodiversity preservation

Environmental Achievements

• Reduced greenhouse gas emissions (Scopes 1 and 2) by 13% compared to 2018 (adjusted for acquisitions).
• Increased use of renewable energy to 38% of total electricity used.
• Achieved a score of A from CDP (formerly Carbon Disclosure Project) for climate change response.
• 10 VINCI Airports locations reached Level 4+ in the Airport Carbon Accreditation (ACA) program.
• More than 30% of concrete used by VINCI Construction was low-carbon concrete.
• 75% waste recovery rate achieved by VINCI Construction's Building France and Civil Engineering France divisions.
• 84% of waste from VINCI Autoroutes operations and service areas was recovered.
• 57% of VINCI Immobilier's revenue generated through land recycling.

Social Achievements

• Launched VINCI Insertion Emploi (ViE), a social enterprise supporting long-term unemployed individuals.
• Implemented the Give Me Five program to foster social cohesion and tackle inequalities.
• Launched a universal social protection framework offering minimum guarantees to all employees.
• Increased the percentage of women managers to 22.2% (up 6 percentage points in 10 years).
• Supported 1,094 people with disabilities in France through Trajeo’h.
• Paid €450 million to employees in France through share ownership, profit-sharing, and retirement plans.
• Signed 1,568 collective agreements in 2022, with over 43% related to employee remuneration.

Governance Achievements

• 25% of the Chairman and Chief Executive Officer's variable remuneration linked to ESG performance.
• Established a structured governance framework for responsible purchasing.
• Implemented a whistleblowing system accessible to all employees and external stakeholders.
• Signed up to France's tax partnership program.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions.
• Social or political instability in some operating countries.
• High accident rate among personnel of external companies.
• Need to reduce indirect emissions (Scope 3).
• Climate change impacts on infrastructure and operations.
• Maintaining a strong safety culture in a dynamic work environment.

Mitigation Strategies

• Developed alternative sourcing strategies.
• Implemented security risk assessment and protection measures.
• Increased safety criteria in supplier selection and contract clauses.
• Developed action plans and reporting processes for reducing Scope 3 emissions.
• Developed expertise in climate resilience and adaptation solutions.
• Implemented extensive training and awareness programs on safety and health.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Responsible purchasing guide.
• Social and environmental criteria incorporated into specifications and framework agreements.
• Supplier assessments based on sustainability questionnaires.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Flooding
• Heatwaves
• Droughts
• Storms
• Fires

Transition Risks

• Regulatory changes
• Market shifts
• Changes in energy prices

Opportunities

• Energy renovation market
• Low-carbon mobility solutions
• Climate change adaptation projects
• Renewable energy infrastructure development

Reporting Standards

Frameworks Used: GRI, TCFD, SASB

Certifications: ISO 14001

Third-party Assurance: Statutory Auditors

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Exegy® low-carbon concrete
• Rehaskeen® façade insulation system
• Granulat+ recycled aggregates
• Eco-designed road and urban furniture

Awards & Recognition

• CDP A rating for climate change response.
• Airport Carbon Accreditation (ACA) for VINCI Airports.
• Green Airport Recognition Professional Award for Salvador Bahia airport.
• Most Sustainable Aerodrome in Brazil award for Salvador Bahia airport.

Environmental Metrics

ESG Focus Areas

• Sustainable Living Environments
• Energy Transition
• Sustainable Mobility
• Plural Talents

Environmental Achievements

• Universeine complex in Saint-Denis (Greater Paris Area) with a 40% lighter carbon footprint than conventional concrete buildings.
• VINCI Airports shrunk its direct footprint by 50% compared to 2018 levels.
• 4 airports in the VINCI Airports network achieved net zero emissions for their direct scope of activity.

Social Achievements

• Give Me Five program engaged 7,000 middle school students from priority neighborhoods.
• VINCI Insertion Emploi (ViE) managed over 1 million work integration hours.
• Universal social protection for all VINCI employees by the end of 2024 (minimum guarantees for serious accidents and parental leave).

Governance Achievements

• Goal to increase the percentage of women in management positions and on management committees to 30% by 2030 (23% in 2023).
• Awareness-raising module on the Up! e-learning platform to combat everyday sexism.

Climate Goals & Targets

Environmental Challenges

• Meeting the exponential growth of electric vehicles and the need for more charging stations.
• Decarbonizing the aviation sector.

Mitigation Strategies

• Equipping all motorway service areas with charging stations for electric light vehicles.
• Testing dynamic charging for heavy vehicles.
• Installing charging stations across its network in countries where electric mobility is growing.
• Aiming to achieve net zero emissions for Scopes 1 and 2 by 2030 within the European Union and by 2050 in the rest of the world for VINCI Airports.
• Supporting airlines’ decarbonisation efforts by adjusting landing fees and distributing sustainable aviation fuel (SAF).

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Revilo® (urban cool islands solution)
• Timber structures via Arbonis
• Rehaskeen® facades