2022 Universal Registration Document

Key Data

TAKE ACTION AS A COMMUNITY-DRIVEN COMPANY

VINCI is committed to encouraging and guiding the solidarity engagement of its employees and companies, in particular through its foundations and endowment funds. In liaison with solidarity non-profits, it also pledges to support projects that help strengthen social ties and help the long-term unemployed back into employment. In 2022, VINCI’s 17 foundations allocated €6.1 million to 570 projects, sponsored by almost 1,570 employees. The citizen initiatives by the Group’s business lines, divisions and companies supplement this system. For example, through the Issa programme Sogea-Satom, a VINCI Construction subsidiary in Africa, works with the regions and their communities in the vicinity of worksites, by supporting numerous initiatives in the areas of education, health, energy and food self-sufficiency, access to water and local craftsmanship.

PARTNER WITH REGIONS

VINCI companies are firmly rooted in the regions. They contribute to the growth of economic activity, employment and tax take. Another in-depth study was conducted in 2022 to accurately measure this footprint in France. Its findings confirm the far-reaching impact of VINCI’s businesses on many sectors, beyond those directly related to its businesses, and shows that the value created has had a balanced impact across all regions. VINCI contributes 1.5% to France’s gross domestic product (GDP) through its direct, indirect and induced impacts all along its value chain. Moreover, one VINCI job supports 3.6 additional jobs in France. Group companies can draw on this information in developing their strategy for relations with their local regions.

As this study also shows, almost all Group purchases in France are made on the domestic market, a significant proportion of which from SMEs. Priority is on working with local suppliers and subcontractors, especially SMEs, to make a lasting and inclusive contribution to regional growth. This goes hand in hand with a responsible purchasing policy, based on identifying risks, considering non-financial criteria in purchasing decisions, and supporting suppliers and subcontractors in their social and environmental practices, in line with the Group’s commitments.

RESPECT HUMAN RIGHTS

In all the countries where it operates, VINCI has a responsibility to prevent the risk of human rights violations. The Group exercises heightened vigilance in five areas: recruitment practices and migrant labour; working conditions; living conditions; practices relating to subcontractors and temporary employment agencies; and relations with local communities. For each of these areas, guidelines have been included in VINCI’s Guide on Human Rights, available in 23 languages. This document applies to all VINCI businesses and locations. Additional tools are available to help identify risks aligned with actual operating conditions. For example, since 2022, all Group entities have had access to the Managing Human Rights platform on the vinci.net intranet. By answering more than 200 questions, Group companies can measure their practices meticulously, objectively and accurately before implementing the appropriate corrective actions. Since 2018, 66% of the Group’s employees in high-priority countries have been covered by a human rights compliance assessment.

In Qatar, as part of an agreement between VINCI, QDVC and Building and Wood Workers’ International (BWI), an audit of workers’ rights on Qatari construction sites was conducted in the presence of all the stakeholders and VINCI trade union representatives. A joint report of its findings was published in 2022. A page detailing the actions implemented since the creation of QDVC in Qatar is available on the vinci.com website.

VINCI regularly discusses its human rights policy with its multiple stakeholders (employee representatives, employees, investors, students, NGOs, research centres, etc.). It is also involved in initiatives such as Building Responsibly and Business for Inclusive Growth.

PERFORMANCE IN 2022

  • 49% of purchases made in France from small and medium enterprises.

  • Almost all purchases for French operations made on the domestic market.

  • 66% of employees in high-priority countries covered by human rights assessments.

FOSTER SOCIAL DIALOGUE

At the Group level, as well as in its divisions and companies, VINCI ensures the quality of social dialogue with trade unions and employee representatives, in order to give meaning to the company’s collective purpose. Labour representatives are involved in developing and implementing policy on equal opportunity, health and safety, and job and career management. Within each entity, close relations that are relevant and adapted to each business carve out a real role for labour representatives to play.

The European Works Council and the Group Works Council (covering France) met 22 times in 2022. Their members benefit from training in health and safety, human rights and the environment.