2022 Universal Registration Document

 5. Note on the methods used in workforce-related, social and environmental reporting

VINCI’s workforce-related, social and environmental reporting framework complies with Articles L.225-102-1, R.225-104 and R.225-105 of the French Commercial Code, as well as Order 2017-1180 and Decree 2017-1265. It uses the Global Reporting Initiative (GRI) standards as a basis for organising, analysing and prioritising risks and for assessing workforce-related, social and environmental impacts (see the cross-reference table on page 399).

5.1 Methodological procedures

VINCI’s procedures are specified in the materials listed below.

• For workforce-related indicators:
  • – a guidebook in four languages (French, English, German and Spanish) containing workforce-related indicator definitions;
  • – a methodological guide to VINCI’s workforce data reporting system, including a reporting tool users’ manual in four languages (French, English, German and Spanish);
  • – a guide to consistency checks in two languages (French and English);
  • – an audit guide helping entities to prepare for audits and make good use of their results (available in French, English, German and Spanish).
• For environmental indicators:
  • – a methodological guide to VINCI’s environmental reporting system, including a guide to the definition of common indicators and annexes for calculating the emissions reduction trajectory and scopes 1, 2 and 3, which entities can use to set up their environmental reporting procedures. This guide is available in three languages (French, English and Spanish);
  • – a note on methodology for the EU Taxonomy;
  • – a reporting tool users’ manual in two languages (French and English);
  • – an audit guide helping entities to prepare for audits and make good use of their results (available in French and English);
  • – a guide presenting six methods that can be used to estimate data for the last months of 2022 in the context of the fast close process.

All of the above materials are accessible on the Group’s intranet site.

From 2010 to 2020, the reference period for environmental reporting pertaining to year Y ran from 1 October Y−1 to 30 September Y. On 1 January 2021, to align with financial and workforce-related reporting, the environmental reporting reference period was moved to 1 January to 31 December of year Y. Some entities have estimated their environmental data for the last one, two or three months of 2022.

5.2 Scope

The reporting scope is intended to be representative of all VINCI’s business activities:

• workforce-related reporting has covered all worldwide revenue since 2002. Fifteen companies with fewer than 250 employees, acquired in 2022, reported incomplete data for safety and training. These companies account for 0.5% of the Group’s total workforce.
• environmental reporting covered 99% of the Group’s revenue in 2022, excluding Cobra IS. Cobra IS’s operations will be included in environmental reporting as of financial year 2023.

Excluded from environmental reporting in 2022 are entities whose environmental impacts are not material and which do not have an environmental correspondent. These exclusions must not exceed 5% of the environmental impact of each entity.

However, for certain specific environmental indicators, the reporting coverage of the indicators published may be more limited. Reporting on waste generated is now reliable for a scope covering 89% of the Group’s activities (excluding VINCI Construction’s Europe Africa Division). Reporting on waste recovered covers VINCI’s Concessions, VINCI Energies and the Major Projects, Civil Engineering France and Building France divisions of VINCI Construction, accounting for 60% of the Group’s activities. Reporting on the consumption of purchased water covers 99% of the Group’s activities, but reporting on the consumption of water from boreholes only covers VINCI’s Concessions business, which is 16% of the Group’s activities. VINCI is continuing its efforts to expand and improve the reliability of the reporting of these indicators for all the business activities where they are of relevance.

Since 2011, the consolidation rules used for these scopes have been the same as for financial consolidation, with the following exceptions: the environmental data of Qatari Diar VINCI Construction (QDVC) and Freyssinet SA (Spain) are consolidated in proportion to VINCI’s stake.

These consolidation rules apply to all reporting indicators, except the “Number of environmental incidents” indicator, in which all incidents count for 1.

In the event of a change in scope:

• workforce-related reporting: changes in scope in year Y are taken into account in the same year;
• environmental reporting: changes in scope in year Y are taken into account in year Y+1.

Changes (involving revenue higher than €50 million) in the environmental reporting scope in 2022 (acquisitions in 2021):

VINCI Immobilier: Poland is included in environmental reporting.

5.3 Indicator selection

Indicators are selected on the basis of the social and environmental impact of the Group’s activities and the risks associated with those activities.