The chart below shows that the Group was in line with its trajectory, with 31% remaining to reach its 2030 emissions target, thanks to measures taken by Group entities to increase their use of electricity from renewable sources.
Monitoring VINCI’s emissions reduction trajectory – Progress in 2022 ☑
This graph shows the monitoring of VINCI’s emissions reduction trajectory – Progress in 2022
Initial baseline
2018: 40%
2019: 40%
2020: 37%
2021: 35%
2022: 32%
2023: approximately 29%
2024: approximately 26%
2025: 21%
2026: 18%
2027: approximately 12%
2028: approximately 8%
2029: approximately 5%
2030: 0 %
Actual progress
2018: 40%
2019: 40%
2020: 32%
2021: 33%
2022: 31%
This 40% target between 2018 and 2030 follows on from the previous environmental commitment from the VINCI Manifesto for the period from 2007 to 2018. This commitment resulted in a 25% reduction in the Group’s emissions between 2009 and 2018, which was expressed in terms of intensity relative to revenue.
3.2.1.3 External recognition
VINCI companies have been implementing ambitious policies to combat climate change for many years. Every year, these policies are reviewed by an independent organisation, CDP (formerly the Carbon Disclosure Project). VINCI achieved a score of A again in 2022, confirming the Group’s efforts to provide transparent information about its climate challenges. This project, which is conducted on behalf of 872 investors representing $106 trillion in assets under management, assesses how large companies are responding to climate change. Additionally, VINCI Airports is involved in the Airport Carbon Accreditation (ACA) programme to reduce greenhouse gas emissions. This programme launched by Airports Council International (ACI) features six levels of accreditation. Airports only meet Level 4+ “Transition” if they have aligned with global climate objectives set in IPCC scenarios, transformed their operations through reductions in absolute emissions, and compensated for their residual Scope 1 and 2 emissions by using internationally recognised carbon offsets, or extended their coverage of Scope 3 emissions, such as during half of the distance covered by flights. In 2022, 10 airports in Portugal and Lyon-Saint Exupéry airport reached Level 4+. Furthermore, 14 airports in France, the Dominican Republic and Brazil were certified to Level 3 “Optimisation”. This accreditation requires airports to involve third parties in the process, such as airlines, independent ground handling service providers, food service companies, air traffic control and other airport workers, in managing their own carbon footprint (see breakdown by level below).
| Level of accreditation | Level 1 (Mapping) | Level 2 (Reduction of Scope 1 and 2 emissions) | Level 3 (Optimisation: third-party engagement | Level 3+ ( Carbon neutrality of Scope 1 and 2 emissions) | Level 4 (Transformation: absolute emissions reduction, and stronger engage-ments on Scope 3) | Level 4+ (Transition: compensate for residual emissions) |
|---|---|---|---|---|---|---|
| Number of facilities operated by VINCI Airports | Number of facilities operated by VINCI Airports Level 1 (Mapping) 2 |
Number of facilities operated by VINCI Airports Level 2 (Reduction of Scope 1 and 2 emissions) 9 |
Number of facilities operated by VINCI Airports Level 3( Optimisation:third-party engagement 14 |
Number of facilities operated by VINCI Airports Level 3+ ( Carbon neutrality of Scope 1 and 2 emissions) 1 |
Number of facilities operated by VINCI Airports Level 4(Transformation: absolute emissions reduction, and stronger engage-ments on Scope 3) 3 |
Number of facilities operated by VINCI Airports Level 4+(Transition: compensate for residual emissions) 11 |
In March 2022, Salvador Bahia airport received the award for the “Most Sustainable Aerodrome in Brazil” from the country’s civil aviation authority (Anac) for the third year in a row. And again it earned the Green Airport Recognition Professional Award at the annual conference of Airport Council International Latin America & Caribbean (ACI-LAC).
3.2.2 Reducing the Group’s indirect emissions (Scope 3)
Outside of its direct emissions scope, VINCI is committed, through its environmental ambition, to helping reduce the Group’s indirect emissions by way of actions across its value chain. In 2021, the Group pledged to reduce its indirect emissions by 20% by 2030 compared to the 2019 baseline. This commitment has been validated by the Science Based Targets initiative (SBTi) and is based on the emissions categories defined in the Greenhouse Gas Protocol (GHG Protocol). It involves an absolute reduction and covers all emissions categories, upstream and downstream. It also goes beyond mandatory emissions, as defined in the GHG reduction programme, as it covers emissions from motorway traffic.