2023 UNIVERSAL REGISTRATION DOCUMENT

A force for good

Take action as a community-driven company

VINCI is committed to encouraging and guiding the civic 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 2023, VINCI’s 17 foundations allocated €7.1 million to 632 projects, sponsored by 2,032 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 near worksites, by supporting numerous initiatives in education, health, energy, 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 25 languages. This document applies to all VINCI businesses and locations. Additional tools are available to help identify risks relating to actual operating conditions. All Group entities have 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. By the end of 2023, almost 100 subsidiaries in operation, representing nearly 30,000 employees in 38 countries, were covered by human rights assessments carried out by assessors from the Group’s and its business lines’ head offices. The Group is also committed to following up on the evaluations carried out, particularly in priority countries. A page detailing the actions implemented by the QDVC subsidiary in Qatar since its creation is available on vinci.com.

VINCI regularly discusses its human rights policy with its multiple stakeholders (employee representatives, employees, investors, students, NGOs, research centres, etc.) to improve the effectiveness of its actions. The Group is also involved in collaborative initiatives such as Building Responsibly and Business for Inclusive Growth.

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. For example, 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 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 18 times in 2023. Their members benefit from training in health and safety, human rights and the environment.

 

Performance in 2023

Performance in 2023

49%

of purchases made in France from small and medium enterprises.

Almost all

purchases for French operations made on the domestic market.

82%

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