2023 UNIVERSAL REGISTRATION DOCUMENT

Overview of the main commitments by business line

non-inclus	Acting for the climate	Optimising resources thanks to the circular economy	Preserving natural environments
VINCI Autoroutes	50% reduction in Scope 1 and 2 greenhouse gas (GHG) emissions by 2030 (from 2018 levels) 50% average reduction in GHG emissions for each category of activities at worksites (from 2019 levels) 20% reduction in the GHG emissions of purchases and commercial installations (from 2019 levels) 20% reduction in the GHG emissions of VINCI Autoroutes customers (from 2019 levels)	100% of asphalt mix recovered by 2030, of which 45% reused at VINCI Autoroutes’ own worksites 100% of waste recovered by 2025, of which 60% material recovery from operations waste 10% reduction in operations waste by 2030 (from 2018 levels)	10% reduction in water consumption by 2030 (from 2018 levels) Land rehabilitation plan Zero phytosanitary products inuse by 2030
VINCI Concessions	66% reduction in Scope 1 and 2 GHG emissions by 2030 (from 2018 levels) Net zero emissions (Scopes 1 and 2) for airports in the EU (including London Gatwick) by 2030 and for the other airports by 2050	Zero waste to landfill by 2030	50% reduction in water consumption per unit of traffic by 2030 Zero phytosanitary products in use by 2025
VINCI Energies	40% reduction in Scope 1 and 2 GHG emissions by 2030 (from 2018 levels)	80% of inert waste recycled	Zero phytosanitary products in use by 2030
VINCI Construction	40% reduction in Scope 1 and 2 GHG emissions by 2030 (from 2018 levels) 90% low-carbon concrete used in projects by 2030	Double the production of recycled materials at quarries and processing facilities by 2030 compared with 2019 levels 90% of waste recovered for the Major Projects Division by 2030	Define an environmental footprint management plan for all building projects in France Implement solutions to reduce water use at 100% of Major Projects Division worksites
VINCI Immobilier	60% reduction in Scope 1 and 2 GHG emissions by 2030 (from 2018 levels) 50% reduction in the carbon impact of property development operations by 2034 40% reduction in the carbon footprint of residents of serviced residences by 2030	More than 50% of revenue generated through land recycling operations by 2030	“No net land take” in France by 2030

Cobra IS, which joined the Group at the end of 2021, has taken on VINCI’s commitments as its own. The business line is currently working on the definition of additional targets suited to its activities.

3.1.1 Turning risk management into opportunity

3.1.1.1 Internal governance

Governance structure

All actions taken to deliver on VINCI’s environmental ambition are founded on the commitments embraced by the Group’s Executive Committee, of which the Group’s Vice-President for the Environment, Isabelle Spiegel, has been a member since April 2022. These commitments are taken up by each business line in three priority areas: acting for the climate, optimising resources thanks to the circular economy and preserving natural environments. These actions also involve the empowerment of all operational staff of VINCI companies and open dialogue with national, European and international public authorities and environmental protection organisations.These discussions are pursued within the Group through the meetings of the European Works Council. As set out in the environmental guidelines signed in November 2020 (see paragraph 3.1.1.2, “Identifying and managing risks”), the CSR Committee meets every year to contribute to the deployment of the Group’s environmental ambition.

The Environment Committee, overseen by VINCI SA with representatives from each business line, coordinates the three key areas covered by the Group’s environmental actions. This committee brings a response to global issues by defining the components of VINCI’s environmental ambition and by leading cross-business projects, while ensuring that Group companies adapt the measures introduced in line with the new goals to their local context. Alongside this, several working groups have been set up, comprising operational experts from each business line, such as the Biodiversity Task Force and the Circular Economy Task Force, as well as special focus groups created to implement climate change action plans.