2021 UNIVERSAL REGISTRATION DOCUMENT

General and financial elements

Change in renewable energy consumption
(MWh) 2021 2020 2021/2020 change 2019
Total renewable energy consumption

Total renewable energy consumption

2021

314,355

Total renewable energy consumption

2020

207,069

Total renewable energy consumption

2021/2020 change

+51.8%

Total renewable energy consumption

2019

162,043

  • Greenhouse gas emissions

The methodology used to determine the greenhouse gas (GHG) emissions of VINCI’s businesses is based on the Group’s environmental reporting data. Scope 1 includes direct emissions from the use of fossil fuels (fixed sites, worksites and company vehicles), as well as non-energy emissions (Eurovia’s lime plants). Scope 2 includes indirect emissions produced to make energy (mainly electricity) purchased and used at fixed sites and for projects. Scope 2 emissions are calculated using two methods. The location-based method uses emission factors derived from the average electricity mix in the country where the Group’s entities operate, while the market-based method uses emission factors relating to the suppliers from which Group companies buy their electricity (see “Note on the methods used in workforce-related, social and environmental reporting”, page 258).

2.3 Mt de teq CO2 emitted in 2021 (Scopes 1 and 2)

In 2021, emissions calculated using the market-based approach totalled 2.3 million tonnes of CO₂ equivalent, a 2% increase compared with 2020. The increase resulted from the resumption of construction operations, which led to higher energy consumption. It was partially offset as some carbon-based energy was gradually replaced with lower-carbon energy sources (increase in electricity consumption from renewable energy sources and drop in coal and heavy fuel oil consumption).

Greenhouse gas emissions (Scopes 1 and 2), with change
  Actual values (market-based Scope 1 and Scope 2 emissions) Actual values  (market-based Scope 1 and Scope 2 emissions) 2021/2020 change Actual values
(location-based Scope 1
and Scope 2 emissions)
Actual values
(location-based Scope 1
and Scope 2 emissions)
(in tonnes of CO₂ equivalent) 2021 2020   2021 2020
Concessions Concessions

Actual values (market-based Scope 1 and Scope 2 emissions)

117,558
Concessions

Actual values  (

market-based

Scope 1 and Scope 2 emissions)

124,635
Concessions

2021/2020 change

-5.7%
Concessions

Actual values


(location-based Scope 1


and Scope 2 emissions)

138,106
Concessions

Actual values


(location-based Scope 1


and Scope 2 emissions)

150,331
VINCI Autoroutes

VINCI Autoroutes

Actual values (market-based Scope 1 and Scope 2 emissions)

20,951

VINCI Autoroutes

Actual values  (

market-based

Scope 1 and Scope 2 emissions)

21,369

VINCI Autoroutes

2021/2020 change

-2.0%

VINCI Autoroutes

Actual values


(location-based Scope 1


and Scope 2 emissions)

25,686

VINCI Autoroutes

Actual values


(location-based Scope 1


and Scope 2 emissions)

24,663

VINCI Airports

VINCI Airports

Actual values (market-based Scope 1 and Scope 2 emissions)

91,911

VINCI Airports

Actual values  (

market-based

Scope 1 and Scope 2 emissions)

99,056

VINCI Airports

2021/2020 change

-7.2%

VINCI Airports

Actual values


(location-based Scope 1


and Scope 2 emissions)

107,090

VINCI Airports

Actual values


(location-based Scope 1


and Scope 2 emissions)

120,890

Other concessions

Other concessions

Actual values (market-based Scope 1 and Scope 2 emissions)

4,697

Other concessions

Actual values  (

market-based

Scope 1 and Scope 2 emissions)

4,210

Other concessions

2021/2020 change

+11.6%

Other concessions

Actual values


(location-based Scope 1


and Scope 2 emissions)

5,330

Other concessions

Actual values


(location-based Scope 1


and Scope 2 emissions)

4,778

VINCI Energies VINCI Energies

Actual values (market-based Scope 1 and Scope 2 emissions)

310,373
VINCI Energies

Actual values  (

market-based

Scope 1 and Scope 2 emissions)

292,658
VINCI Energies

2021/2020 change

+6.1%
VINCI Energies

Actual values


(location-based Scope 1


and Scope 2 emissions)

315,723
VINCI Energies

Actual values


(location-based Scope 1


and Scope 2 emissions)

294,729
VINCI Construction VINCI Construction

Actual values (market-based Scope 1 and Scope 2 emissions)

1,823,358
VINCI Construction

Actual values  (

market-based

Scope 1 and Scope 2 emissions)

1,785,496
VINCI Construction

2021/2020 change

+2.1%
VINCI Construction

Actual values


(location-based Scope 1


and Scope 2 emissions)

1,844,190
VINCI Construction

Actual values


(location-based Scope 1


and Scope 2 emissions)

1,785,810
VINCI Immobilier and holding cos. VINCI Immobilier and holding cos.

Actual values (market-based Scope 1 and Scope 2 emissions)

2,680
VINCI Immobilier and holding cos.

Actual values  (

market-based

Scope 1 and Scope 2 emissions)

1,479
VINCI Immobilier and holding cos.

2021/2020 change

+81.2%
VINCI Immobilier and holding cos.

Actual values


(location-based Scope 1


and Scope 2 emissions)

2,680
VINCI Immobilier and holding cos.

Actual values


(location-based Scope 1


and Scope 2 emissions)

1,479
Total Total

Actual values (market-based Scope 1 and Scope 2 emissions)

2,253,970
Total

Actual values  (

market-based

Scope 1 and Scope 2 emissions)

2,204, 268
Total

2021/2020 change

+2.3%
Total

Actual values


(location-based Scope 1


and Scope 2 emissions)

2,300,699
Total

Actual values


(location-based Scope 1


and Scope 2 emissions)

2,232,349

Data extrapolated to cover 100% of VINCI’s revenue – excluding acquisitions in 2020.

  • Monitoring VINCI’s emissions reduction trajectory – Progress in 2021

In 2020, VINCI built its own methodology in collaboration with an external consulting firm to monitor its progress towards meeting its commitment to reduce the Group’s direct emissions by 40% between 2018 and 2030. This methodology enables the Group to compare its actual progress every year against its initial baseline.

This initial baseline serves as a starting point for measuring the Group’s performance between 2018 and 2030. It has been designed to take into consideration the Group’s commitments and the pace of actions toward reducing emissions put in place by each business line. VINCI’s low-carbon trajectory was also designed to take into consideration any changes in scope within the business lines, as well as the organic growth of the Group’s main businesses. Each newly acquired company is integrated into the Group’s trajectory. The initial baseline and initial amount of gross emissions are therefore adjusted for these acquisitions, while disposals are removed from the scope. This method is used to limit the adjustments and estimates needed to incorporate changes in scope, while objectively reporting on the Group’s actions and its alignment with its reduction goal.

In 2021, VINCI business lines acquired 38 entities, which emitted 21,686 tonnes of CO₂ equivalent in 2021, and disposed of three entities representing an immaterial amount of revenue (total of less than €3 million), whose emissions could not be measured. Total emissions in the baseline year of 2018, after adjusting for the impact of acquisitions and disposals, were thus 2.467 million tonnes of CO₂ equivalent. At end-2021, the Group was slightly ahead of its trajectory, with a reduction of around 8% in greenhouse gas emissions compared with the initial baseline.

8% reduction in greenhouse gas emissions in 2021

compared with 2018 (excluding the impact of acquisitions)