2022 Universal Registration Document

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 environmental transition. That is why in 2020 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 2022, the Group estimated the share of its business operations eligible for the EU Taxonomy under Regulation 2020/852 of 18 June 2020. This assessment showed that 42% of VINCI’s revenue and 44% of its capital expenditure (CapEx*) are eligible for this classification system under its first two objectives (climate change mitigation and climate change adaptation) and that 20% of the Group’s revenue and 12% of its CapEx* are aligned with the Taxonomy.

ACT FOR THE CLIMATE

VINCI is taking action to reduce its greenhouse gas emissions in line with the commitments of the Paris Climate Agreement. As a consequence, the Group has pledged to reduce its direct emissions (Scopes 1 and 2) by 40% by 2030 com-pared with 2018 levels and reduce its indirect upstream and downstream emissions (Scope 3) by 20% by 2030 compared with 2019 levels. This commitment has been validated by the Science Based Targets initiative (SBTi) and makes the Group’s target-setting strategy consistent with a reduction “well below 2°C”, while guaranteeing its methodological framework.

VINCI continues its research, development and foresight analysis on its trajectory to contribute to achieving carbon neutrality by 2050. In response to the challenge of adapting to the consequences of climate change, a research group from the Leonard innovation and foresight platform, reflecting the full scope of VINCI’s expertise, has continued its work in addressing resilience. The aim is to increasingly incorporate resilience into the Group’s projects, structures and solutions.