2024 Universal Registration Document

Overview of the main commitments by business line

	Acting for the climate	Optimising resources thanks to the circular economy	Preserving natural environments
VINCI Autoroutes	VINCI Autoroutes Acting for the climate 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 by 2030 (from 2019 levels) 20% reduction in the GHG emissions of purchases and commercial installations by 2030 (from 2019 levels) 20% reduction in the GHG emissions of VINCI Autoroutes customers by 2030 (from 2019 levels)	VINCI Autoroutes Optimising resources thanks to the circular economy 100% of asphalt mix recovered by 2030, of which 45% reused at VINCI Autoroutes’ own worksites 100% of non-hazardous waste recovered, of which 80% material recovery from operations waste	VINCI Autoroutes Preserving natural environments 10% reduction in water withdrawals by 2030 (from 2018 levels) Land rehabilitation plan Zero phytosanitary products in use by 2030
VINCI Airports and other concessions	VINCI Airports and other concessions Acting for the climate 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 and Edinburgh) by 2030 and for the other airports by 2050	VINCI Airports and other concessions Optimising resources thanks to the circular economy Zero waste to landfill by 2030	VINCI Airports and other concessions Preserving natural environments 50% reduction in water consumption per unit of traffic by 2030 Zero phytosanitary products in use by 2025 Implement ecological management measures more widely at sites in operation and monitor natural environments
VINCI Energies	VINCI Energies Acting for the climate Alignment with the Group’s reduction targets	VINCI Energies Optimising resources thanks to the circular economy 80% of inert waste recycled by 2030	VINCI Energies Preserving natural environments Alignment with the Group’s reduction targets
Cobra IS	Cobra IS Acting for the climate Alignment with the Group’s reduction targets
VINCI Construction	VINCI Construction Acting for the climate Alignment with the Group’s reduction targets 90% low-carbon concrete used in projects by 2030	VINCI Construction Optimising resources thanks to the circular economy 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	VINCI Construction Preserving natural environments Determine solutions to reduce water use at 100% of Major Projects worksites
VINCI Immobilier	VINCI Immobilier Acting for the climate Alignment with the Group’s reduction targets 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	VINCI Immobilier Optimising resources thanks to the circular economy More than 50% of revenue generated through land recycling operations in France by 2030 (excluding Urbat) “No net land take” in France by 2030 (excluding Urbat)

2.1.1 EU Taxonomy of environmentally sustainable activities

Building on the European Commission’s action plan on financing sustainable growth launched in 2018, Regulation (EU) 2020/852 of 18 June 2020, known as the Taxonomy Regulation, establishes a framework to facilitate sustainable investment with the aim of creating a “green list” of environmentally sustainable economic activities. To comply with this regulation, the Group is required to disclose, for the 2024 financial year, the proportion of its Taxonomy-eligible activities that are aligned, in terms of their revenue, capital expenditure (CapEx) and operating expenditure (OpEx), to the six environmental objectives: climate change mitigation, climate change adaptation, sustainable use and protection of water and marine resources, transition to a circular economy, pollution prevention and control, and protection and restoration of biodiversity and ecosystems.

To qualify as sustainable, an activity must contribute substantially to one of the six environmental objectives mentioned above, “do no significant harm” to the other five objectives (DNSH principle) and meet minimum safeguards in the following areas: human rights (including labour and consumer rights), bribery and corruption, taxation and fair competition. The Taxonomy Regulation has been supplemented by four delegated acts which were approved between 2021 and 2023, specifying the technical screening criteria for the six objectives and the content, methodology and presentation of information to be disclosed.

Climate change mitigation
Climate change adaptation
Circular economy
Sustainable use of water and marine resources
Pollution prevention and control
Protection and restoration of ecosystems

2024 Universal Registration Document

General and financial elements

2.1.1 EU Taxonomy of environmentally sustainable activities