Deploying the Group’s environmental ambition
Forging a sustainable world by accelerating the transformation of living environments, infrastructure and mobility.
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: act for the climate, optimise resources thanks to the circular economy and preserve natural environments.
In 2023, the Group estimated the share of its business operations eligible for the EU Taxonomy under Regulation 2020/852 of 18 June 2020, and for the first time, the share of its activity eligible for the four other environmental objectives.
This assessment showed that 41% of VINCI’s revenue and 43% of its capital expenditure (CapEx) are eligible for this classification system under its six objectives (climate change mitigation, climate change adaptation, sustainable use and protection of water and marine resources, circular economy, pollution
“ VINCI was the first French group to submit an environmental transition plan for vote at its Shareholders’ General Meeting, in April 2021. TCI is proud to be a shareholder of VINCI, a leader in environmental policy and a facilitator of the energy transition.”
Climate
Ambition for 2030
40% reduction in direct greenhouse gas emissions (Scopes 1 and 2) compared with 2018 levels.
20%reduction in indirect greenhouse gas emissions (Scope 3) compared with 2019 levels.
90% low carbon concrete used by VINCI Construction.
Climate
Performance in 2023
2.4m tonnestonnes of greenhouse gas emissions in 2023 (Scopes 1 and 2).
43.5m tonnestonnes of greenhouse gas emissions in 2023 (Scope 3).
14%reduction in greenhouse gas emissions (Scopes 1 and 2, adjusted for the impact of acquisitions) between 2018 and 2023.
37% of electricity used from renewable sources in 2023.
50%low carbon concrete used by VINCI Construction’s Building France and Civil Engineering France divisions.
VINCI’s commitments
- Reduce its direct greenhouse gas emissions (Scopes 1 and 2) by 40% from 2018 levels by 2030.
- Reduce its indirect upstream and downstream emissions (Scope 3) by 20% from 2019 levels by 2030, by taking action across the value chain for the Group’s businesses.
- Adapt infrastructure and activities to improve their climate resilience.