2022 Universal Registration Document

E. Workforce-related, social and environmental information

Report of the Board of Directors

E. Workforce-related, social and environmental information

E. Workforce-related, social and environmental information

As an investor, builder and operator of buildings and infrastructure, VINCI plays a key role in the transformation of cities and regions. The Group’s goal is to be a force for good through its achievements and expertise, every day and over the long term. As its structures have a major impact on the cities and regions where they are located, and on the quality of life of their residents, VINCI aims for all-round performance, integrating technical, economic, environmental and social dimensions.

VINCI’s all-round performance policy is grounded in two complementary principles. The first is to reduce the environmental impact of projects and ensure that the socio-economic benefits of the Group’s activities on local populations and regions are long-lasting. The second is to work with the stakeholders in the Group’s businesses to come up with the most efficient solutions serving the public interest in an economy of scarcity.

The Group has been shaping its stakeholder approach since 2012, underscoring its all-round performance values and commitments in the VINCI Manifesto. Available in 31 languages, the Manifesto lays down a set of shared guidelines to be applied in all of VINCI’s businesses, with the aim of aligning the actions of its operating entities and teams around the world.

VINCI’s all-round performance policy is collective and proactive. The aim is to give each business unit the opportunity to identify its strategic priorities to enhance social and environmental performance. Action plans are then developed on the basis of these priorities.

This chapter contains VINCI’s non-financial performance statement published in line with Articles L.225-102-1 and R.225-104 to R.225-105-2 of the decree passed in July 2017, which transposed Directive 2014/95/EU of 22 October 2014, known as the Non-Financial Reporting Directive, into French law.

The non-financial performance statement includes the following information:

  • the Group’s business model, as described in the “Direction and strategy” chapter of the Universal Registration Document, pages 14 to 15;
  • the description of the Group’s main all-round performance commitments, presented in the “Sustainable development” chapter of the Universal Registration Document, pages 24 to 33;
  • the description of the main non-financial risks, presented in chapter D, “Risk factors and management procedures” of the Report of the Board of Directors, pages 172 to 187;
  • the description of the programmes and action plans implemented by VINCI to address its social and environmental issues, and the results of these programmes, including key performance indicators, presented in this chapter of the Report of the Board of Directors;
  • the “Note on the methods used in workforce-related, social and environmental reporting”, pages 282 to 286;
  • the cross-reference tables for sustainability reporting standards – the Global Reporting Initiative (GRI), the Task Force on Climate-related Financial Disclosures (TCFD), the Sustainability Accounting Standards Board (SASB), pages 399 to 402 – as well as the cross-reference tables relating to the EU Taxonomy, pages 403 to 409.

This statement is supplemented by the Group’s duty of vigilance plan, which meets the requirements of France’s Law 2017-399 on the duty of vigilance of parent companies and subcontracting companies, pages 254 to 281. It outlines the main risks relating to health and safety, human rights and environmental protection, sets out their governance and describes the Group’s whistleblowing system and alert procedures.

Additional information is available on the Group’s website at www.vinci.com, in particular examples of the innovative approaches implemented by the Group’s companies, arranged by category and type of challenge.

Material corporate social responsibility (CSR) issues were identified by the Environment Department and the Social Responsibility Department, in collaboration with the Audit and Internal Control Department. All these issues are material for the Concessions, Energy and Construction businesses to varying degrees depending on the specific issue. Environmental issues were also identified through a materiality assessment as well as interviews conducted in 2018 with about 40 internal and external stakeholders. These issues, the related action plans and their key performance indicators, are presented in the summary table on the following page. The non-financial risks presented in this table supplement those presented in chapter D, “Risk factors and management procedures”, pages 172 to 187.