Implementing the Group’s environmental ambition
Forging a sustainable world by accelerating the transformation of living environments, infrastructure and mobility.
— VINCI is aware of the responsibility it bears, due to the nature of its business activities, but also recognises its ability to contribute positively to the ecological transition. That is why the Group recast its 2030 environmental ambition, with a twofold objective: significantly reduce the direct impact of its activities and contribute to improving the footprint of its customers, users, suppliers and partners through the development of shared solutions. This ambition is cascaded into three areas that align with the key challenges faced by the Group’s businesses: climate change, the circular economy and the preservation of natural environments.
— In 2021, the Group estimated for the first time the share of its business operations eligible for the EU Taxonomy under Regulation 2020/852 of 18 June 2020. A first estimate shows that 36% of VINCI’s revenue and 32% of its capital expenditure (CapEx) are eligible for this classification system under its first two objectives (climate change mitigation and climate change adaptation).
ACT FOR THE CLIMATE
— VINCI is taking action to reduce its greenhouse gas emissions in line with the commitments of the Paris Climate Agreement to limit global warming to less than 2°C by the end of the century. As a consequence, the Group aims to reduce its direct emissions (Scopes 1 and 2) by 40% by 2030 (against its 2018 baseline). Driving its environmental ambition further, VINCI has set a target to reduce its indirect upstream and downstream emissions (Scope 3) by 20% by 2030 compared to
VINCI’S COMMITMENTS
- Reduce its direct greenhouse gas emissions (Scopes 1 and 2) by 40% by 2030 compared with 2018 levels.
- Reduce its indirect upstream and downstream emissions (Scope 3) by 20% by 2030 compared with 2019 levels, by taking action across the value chain of the Group’s businesses.
- Adapt structures and activities to improve their climate change resilience.
CLIMATE AMBITION FOR 2030
40 %
reduction in direct greenhouse gas emissions (Scopes 1 and 2) compared with 2018 levels.
20 %
reduction in indirect greenhouse gas emissions (Scope 3) compared with 2019 levels.
2050 AMBITION
net zero
emissions.
90 %
low-carbon concrete used by VINCI Construction.
CLIMAT PERFORMANCE IN 2021
2.3 Mt
of greenhouse gas emissions in 2021 (Scopes 1 and 2).
41 Mt
of greenhouse gas emissions in 2021 (Scope 3).
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.