| Percentage of revenue / Total revenue | ||
|---|---|---|
| Aligned by objective | Eligible by objective | |
| Climate change mitigation | 22% | 39% |
| Climate change adaptation | 0% | 0% |
| Sustainable use and protection of water and marine resources | 0% | 0% |
| Circular economy | 0% | 11% |
| Pollution prevention and control | 0% | 0% |
| Protection and restoration of biodiversity and ecosystems | 0% | 0% |
The Group’s Taxonomy-aligned eligible revenue is broken down by activity in the regulatory format on pages 420 to 422 (EU Taxonomy reporting tables supplementing this Report of the Board of Directors).
At 31 December 2024, 23% of VINCI’s CapEx was eligible for and 12% was aligned to the six objectives of the EU Taxonomy. It should be noted that at 31 December 2024, nearly 50% of the Group’s CapEx, i.e. €5,257 million, related to the acquisitions of Edinburgh airport (United Kingdom) and the Northwest Parkway section of the Denver ring road (Colorado, United States), in particular the value recognised for concession rights, which are by definition not eligible (see Note B.1 to the consolidated financial statements, “Changes in consolidation scope during the period”, page 324). Without these two major acquisitions, consolidated adjusted CapEx totalled €6,152 million. By applying this denominator, VINCI’s eligible and aligned CapEx came out to 43% and 22% respectively, in line with the Group’s performance in 2023.
| EU Taxonomy activities (in € millions) | Objective (*) | Eligible CapEx in 2024 | Eligible CapEx in 2024 (%) | Eligible CapEx in 2023 | Eligible CapEx in 2023 (%) | Aligned CapEx in 2024 | Aligned CapEx in 2024 (%) | Aligned CapEx in 2023 | Aligned CapEx in 2023 (%) |
|---|---|---|---|---|---|---|---|---|---|
| 4.1 Electricity generation using solar photovoltaic technology |
4.1 Electricity generation using solar photovoltaic technology Objective (*)CCM |
4.1 Electricity generation using solar photovoltaic technology Eligible CapEx in 2024 641 |
4.1 Electricity generation using solar photovoltaic technology Eligible CapEx in 2024 (%) 6% |
4.1 Electricity generation using solar photovoltaic technology Eligible CapEx in 2023 411 |
4.1 Electricity generation using solar photovoltaic technology Eligible CapEx in 2023 (%) 9% |
4.1 Electricity generation using solar photovoltaic technology Aligned CapEx in 2024 641 |
4.1 Electricity generation using solar photovoltaic technology Aligned CapEx in 2024 (%) 6% |
4.1 Electricity generation using solar photovoltaic technology Aligned CapEx in 2023 411 |
4.1 Electricity generation using solar photovoltaic technology Aligned CapEx in 2023 (%) 9% |
| 4.3 Electricity generation from wind power |
4.3 Electricity generation from wind power Objective (*)CCM |
4.3 Electricity generation from wind power Eligible CapEx in 2024 181 |
4.3 Electricity generation from wind power Eligible CapEx in 2024 (%) 2% |
4.3 Electricity generation from wind power Eligible CapEx in 2023 58 |
4.3 Electricity generation from wind power Eligible CapEx in 2023 (%) 1% |
4.3 Electricity generation from wind power Aligned CapEx in 2024 178 |
4.3 Electricity generation from wind power Aligned CapEx in 2024 (%) 2% |
4.3 Electricity generation from wind power Aligned CapEx in 2023 57 |
4.3 Electricity generation from wind power Aligned CapEx in 2023 (%) 1% |
| 6.14 Infrastructure for rail transport |
6.14 Infrastructure for rail transport Objective (*)CCM |
6.14 Infrastructure for rail transport Eligible CapEx in 2024 207 |
6.14 Infrastructure for rail transport Eligible CapEx in 2024 (%) 2% |
6.14 Infrastructure for rail transport Eligible CapEx in 2023 212 |
6.14 Infrastructure for rail transport Eligible CapEx in 2023 (%) 5% |
6.14 Infrastructure for rail transport Aligned CapEx in 2024 161 |
6.14 Infrastructure for rail transport Aligned CapEx in 2024 (%) 1% |
6.14 Infrastructure for rail transport Aligned CapEx in 2023 182 |
6.14 Infrastructure for rail transport Aligned CapEx in 2023 (%) 4% |
| 5.9 Material recovery from non-hazardous waste |
5.9 Material recovery from non-hazardous waste Objective (*)CCM |
5.9 Material recovery from non-hazardous waste Eligible CapEx in 2024 78 |
5.9 Material recovery from non-hazardous waste Eligible CapEx in 2024 (%) 1% |
5.9 Material recovery from non-hazardous waste Eligible CapEx in 2023 69 |
5.9 Material recovery from non-hazardous waste Eligible CapEx in 2023 (%) 1% |
5.9 Material recovery from non-hazardous waste Aligned CapEx in 2024 77 |
5.9 Material recovery from non-hazardous waste Aligned CapEx in 2024 (%) 1% |
5.9 Material recovery from non-hazardous waste Aligned CapEx in 2023 66 |
5.9 Material recovery from non-hazardous waste Aligned CapEx in 2023 (%) 1% |
| 4.9 Transmission and distribution of electricity |
4.9 Transmission and distribution of electricity Objective (*)CCM |
4.9 Transmission and distribution of electricity Eligible CapEx in 2024 97 |
4.9 Transmission and distribution of electricity Eligible CapEx in 2024 (%) 1% |
4.9 Transmission and distribution of electricity Eligible CapEx in 2023 92 |
4.9 Transmission and distribution of electricity Eligible CapEx in 2023 (%) 2% |
4.9 Transmission and distribution of electricity Aligned CapEx in 2024 72 |
4.9 Transmission and distribution of electricity Aligned CapEx in 2024 (%) 1% |
4.9 Transmission and distribution of electricity Aligned CapEx in 2023 75 |
4.9 Transmission and distribution of electricity Aligned CapEx in 2023 (%) 2% |
| 7.3 Installation, maintenance and repair of energy efficiency equipment |
7.3 Installation, maintenance and repair of energy efficiency equipment Objective (*)CCM |
7.3 Installation, maintenance and repair of energy efficiency equipment Eligible CapEx in 2024 60 |
7.3 Installation, maintenance and repair of energy efficiency equipment Eligible CapEx in 2024 (%) 1% |
7.3 Installation, maintenance and repair of energy efficiency equipment Eligible CapEx in 2023 72 |
7.3 Installation, maintenance and repair of energy efficiency equipment Eligible CapEx in 2023 (%) 2% |
7.3 Installation, maintenance and repair of energy efficiency equipment Aligned CapEx in 2024 43 |
7.3 Installation, maintenance and repair of energy efficiency equipment Aligned CapEx in 2024 (%) 0% |
7.3 Installation, maintenance and repair of energy efficiency equipment Aligned CapEx in 2023 42 |
7.3 Installation, maintenance and repair of energy efficiency equipment Aligned CapEx in 2023 (%) 1% |
| 7.7 Acquisition and ownership of buildings |
7.7 Acquisition and ownership of buildings Objective (*)CCM |
7.7 Acquisition and ownership of buildings Eligible CapEx in 2024 284 |
7.7 Acquisition and ownership of buildings Eligible CapEx in 2024 (%) 2% |
7.7 Acquisition and ownership of buildings Eligible CapEx in 2023 249 |
7.7 Acquisition and ownership of buildings Eligible CapEx in 2023 (%) 5% |
7.7 Acquisition and ownership of buildings Aligned CapEx in 2024 30 |
7.7 Acquisition and ownership of buildings Aligned CapEx in 2024 (%) 0% |
7.7 Acquisition and ownership of buildings Aligned CapEx in 2023 29 |
7.7 Acquisition and ownership of buildings Aligned CapEx in 2023 (%) 1% |
| 6.5 Transport by motorbikes, passenger cars and light commercial vehicles |
6.5 Transport by motorbikes, passenger cars and light commercial vehicles Objective (*)CCM |
6.5 Transport by motorbikes, passenger cars and light commercial vehicles Eligible CapEx in 2024 408 |
6.5 Transport by motorbikes, passenger cars and light commercial vehicles Eligible CapEx in 2024 (%) 4% |
6.5 Transport by motorbikes, passenger cars and light commercial vehicles Eligible CapEx in 2023 354 |
6.5 Transport by motorbikes, passenger cars and light commercial vehicles Eligible CapEx in 2023 (%) 8% |
6.5 Transport by motorbikes, passenger cars and light commercial vehicles Aligned CapEx in 2024 0 |
6.5 Transport by motorbikes, passenger cars and light commercial vehicles Aligned CapEx in 2024 (%) 0% |
6.5 Transport by motorbikes, passenger cars and light commercial vehicles Aligned CapEx in 2023 79 |
6.5 Transport by motorbikes, passenger cars and light commercial vehicles Aligned CapEx in 2023 (%) 2% |
| 4.28 Electricity generation from nuclear energy in existing installations |
4.28 Electricity generation from nuclear energy in existing installations Objective (*)CCM |
4.28 Electricity generation from nuclear energy in existing installations Eligible CapEx in 2024 44 |
4.28 Electricity generation from nuclear energy in existing installations Eligible CapEx in 2024 (%) 0% |
4.28 Electricity generation from nuclear energy in existing installations Eligible CapEx in 2023 19 |
4.28 Electricity generation from nuclear energy in existing installations Eligible CapEx in 2023 (%) 0% |
4.28 Electricity generation from nuclear energy in existing installations Aligned CapEx in 2024 32 |
4.28 Electricity generation from nuclear energy in existing installations Aligned CapEx in 2024 (%) 0% |
4.28 Electricity generation from nuclear energy in existing installations Aligned CapEx in 2023 9 |
4.28 Electricity generation from nuclear energy in existing installations Aligned CapEx in 2023 (%) 0% |
| 14.2 Flood risk prevention and protection infrastructure |
14.2 Flood risk prevention and protection infrastructure Objective (*)CCA |
14.2 Flood risk prevention and protection infrastructure Eligible CapEx in 2024 9 |
14.2 Flood risk prevention and protection infrastructure Eligible CapEx in 2024 (%) 0% |
14.2 Flood risk prevention and protection infrastructure Eligible CapEx in 2023 8 |
14.2 Flood risk prevention and protection infrastructure Eligible CapEx in 2023 (%) 0% |
14.2 Flood risk prevention and protection infrastructure Aligned CapEx in 2024 8 |
14.2 Flood risk prevention and protection infrastructure Aligned CapEx in 2024 (%) 0% |
14.2 Flood risk prevention and protection infrastructure Aligned CapEx in 2023 0 |
14.2 Flood risk prevention and protection infrastructure Aligned CapEx in 2023 (%) 0% |
| Other eligible activities |
Other eligible activities Objective (*)CCM |
Other eligible activities Eligible CapEx in 2024 498 |
Other eligible activities Eligible CapEx in 2024 (%) 4% |
Other eligible activities Eligible CapEx in 2023 432 |
Other eligible activities Eligible CapEx in 2023 (%) 9% |
Other eligible activities Aligned CapEx in 2024 99 |
Other eligible activities Aligned CapEx in 2024 (%) 1% |
Other eligible activities Aligned CapEx in 2023 55 |
Other eligible activities Aligned CapEx in 2023 (%) 1% |
| Taxonomy-eligible activities – Climate change objectives |
Taxonomy-eligible activities – Climate change objectivesObjective (*)
|
Taxonomy-eligible activities – Climate change objectives Eligible CapEx in 2024 2,506 |
Taxonomy-eligible activities – Climate change objectives Eligible CapEx in 2024 (%) 22% |
Taxonomy-eligible activities – Climate change objectives Eligible CapEx in 2023 1,974 |
Taxonomy-eligible activities – Climate change objectives Eligible CapEx in 2023 (%) 43% |
Taxonomy-eligible activities – Climate change objectives Aligned CapEx in 2024 1,340 |
Taxonomy-eligible activities – Climate change objectives Aligned CapEx in 2024 (%) 12% |
Taxonomy-eligible activities – Climate change objectives Aligned CapEx in 2023 1003 |
Taxonomy-eligible activities – Climate change objectives Aligned CapEx in 2023 (%) 22% |
| 3.4 Maintenance of roads and motorways |
3.4 Maintenance of roads and motorways Objective (*)CE |
3.4 Maintenance of roads and motorways Eligible CapEx in 2024 105 |
3.4 Maintenance of roads and motorways Eligible CapEx in 2024 (%) 0% |
3.4 Maintenance of roads and motorways Eligible CapEx in 2023 0 |
3.4 Maintenance of roads and motorways Eligible CapEx in 2023 (%) 0% |
3.4 Maintenance of roads and motorways Aligned CapEx in 2024 10 |
3.4 Maintenance of roads and motorways Aligned CapEx in 2024 (%) 0% |
3.4 Maintenance of roads and motorways Aligned CapEx in 2023 - |
3.4 Maintenance of roads and motorways Aligned CapEx in 2023 (%) - |
| 2.2 Urban wastewater treatment |
2.2 Urban wastewater treatment Objective (*)WTR |
2.2 Urban wastewater treatment Eligible CapEx in 2024 16 |
2.2 Urban wastewater treatment Eligible CapEx in 2024 (%) 0% |
2.2 Urban wastewater treatment Eligible CapEx in 2023 0 |
2.2 Urban wastewater treatment Eligible CapEx in 2023 (%) 0% |
2.2 Urban wastewater treatment Aligned CapEx in 2024 2 |
2.2 Urban wastewater treatment Aligned CapEx in 2024 (%) 0% |
2.2 Urban wastewater treatment Aligned CapEx in 2023 - |
2.2 Urban wastewater treatment Aligned CapEx in 2023 (%) - |
| 3.3 Demolition and wrecking of buildings and other structures |
3.3 Demolition and wrecking of buildings and other structures Objective (*)CE |
3.3 Demolition and wrecking of buildings and other structures Eligible CapEx in 2024 4 |
3.3 Demolition and wrecking of buildings and other structures Eligible CapEx in 2024 (%) 0% |
3.3 Demolition and wrecking of buildings and other structures Eligible CapEx in 2023 0 |
3.3 Demolition and wrecking of buildings and other structures Eligible CapEx in 2023 (%) 0% |
3.3 Demolition and wrecking of buildings and other structures Aligned CapEx in 2024 0 |
3.3 Demolition and wrecking of buildings and other structures Aligned CapEx in 2024 (%) 0% |
3.3 Demolition and wrecking of buildings and other structures Aligned CapEx in 2023 - |
3.3 Demolition and wrecking of buildings and other structures Aligned CapEx in 2023 (%) - |
| 2.1 Water supply |
2.1 Water supply Objective (*)WTR |
2.1 Water supply Eligible CapEx in 2024 3 |
2.1 Water supply Eligible CapEx in 2024 (%) 0% |
2.1 Water supply Eligible CapEx in 2023 2 |
2.1 Water supply Eligible CapEx in 2023 (%) 0% |
2.1 Water supply Aligned CapEx in 2024 0 |
2.1 Water supply Aligned CapEx in 2024 (%) 0% |
2.1 Water supply Aligned CapEx in 2023 - |
2.1 Water supply Aligned CapEx in 2023 (%) - |
| 1.1 Conservation, including restoration, of habitats, ecosystems and species |
1.1 Conservation, including restoration, of habitats, ecosystems and species Objective (*)BIO |
1.1 Conservation, including restoration, of habitats, ecosystems and species Eligible CapEx in 2024 1 |
1.1 Conservation, including restoration, of habitats, ecosystems and species Eligible CapEx in 2024 (%) 0% |
1.1 Conservation, including restoration, of habitats, ecosystems and species Eligible CapEx in 2023 7 |
1.1 Conservation, including restoration, of habitats, ecosystems and species Eligible CapEx in 2023 (%) 0% |
1.1 Conservation, including restoration, of habitats, ecosystems and species Aligned CapEx in 2024 0 |
1.1 Conservation, including restoration, of habitats, ecosystems and species Aligned CapEx in 2024 (%) 0% |
1.1 Conservation, including restoration, of habitats, ecosystems and species Aligned CapEx in 2023 - |
1.1 Conservation, including restoration, of habitats, ecosystems and species Aligned CapEx in 2023 (%) - |
| Other eligible activities |
Other eligible activities Objective (*)
|
Other eligible activities Eligible CapEx in 2024 1 |
Other eligible activities Eligible CapEx in 2024 (%) 0% |
Other eligible activities Eligible CapEx in 2023 6 |
Other eligible activities Eligible CapEx in 2023 (%) 0% |
Other eligible activities Aligned CapEx in 2024 0 |
Other eligible activities Aligned CapEx in 2024 (%) 0% |
Other eligible activities Aligned CapEx in 2023 - |
Other eligible activities Aligned CapEx in 2023 (%) - |
| Taxonomy-eligible activities – Other objectives |
Taxonomy-eligible activities – Other objectivesObjective (*)
|
Taxonomy-eligible activities – Other objectives Eligible CapEx in 2024 130 |
Taxonomy-eligible activities – Other objectives Eligible CapEx in 2024 (%) 1% |
Taxonomy-eligible activities – Other objectives Eligible CapEx in 2023 15 |
Taxonomy-eligible activities – Other objectives Eligible CapEx in 2023 (%) 0% |
Taxonomy-eligible activities – Other objectives Aligned CapEx in 2024 12 |
Taxonomy-eligible activities – Other objectives Aligned CapEx in 2024 (%) 0% |
Taxonomy-eligible activities – Other objectives Aligned CapEx in 2023 - |
Taxonomy-eligible activities – Other objectives Aligned CapEx in 2023 (%) - |
| Total eligible activities |
Total eligible activitiesObjective (*)
|
Total eligible activities Eligible CapEx in 2024 2,636 |
Total eligible activities Eligible CapEx in 2024 (%) 23% |
Total eligible activities Eligible CapEx in 2023 1,989 |
Total eligible activities Eligible CapEx in 2023 (%) 43% |
Total eligible activities Aligned CapEx in 2024 1,352 |
Total eligible activities Aligned CapEx in 2024 (%) 12% |
Total eligible activities Aligned CapEx in 2023 1 ,03 |
Total eligible activities Aligned CapEx in 2023 (%) 22% |
| Non-eligible activities |
Non-eligible activities Objective (*)
|
Non-eligible activities Eligible CapEx in 2024 8,773 |
Non-eligible activities Eligible CapEx in 2024 (%) 77% |
Non-eligible activities Eligible CapEx in 2023 2,638 |
Non-eligible activities Eligible CapEx in 2023 (%) 57% |
Non-eligible activities Aligned CapEx in 2024
|
Non-eligible activities Aligned CapEx in 2024 (%)
|
Non-eligible activities Aligned CapEx in 2023
|
Non-eligible activities Aligned CapEx in 2023 (%)
|
| Total VINCI consolidated CapEx |
Total VINCI consolidated CapExObjective (*)
|
Total VINCI consolidated CapEx Eligible CapEx in 2024 11,409 |
Total VINCI consolidated CapEx Eligible CapEx in 2024 (%) 100% |
Total VINCI consolidated CapEx Eligible CapEx in 2023 4,628 |
Total VINCI consolidated CapEx Eligible CapEx in 2023 (%) 100% |
Total VINCI consolidated CapEx Aligned CapEx in 2024
|
Total VINCI consolidated CapEx Aligned CapEx in 2024 (%)
|
Total VINCI consolidated CapEx Aligned CapEx in 2023
|
Total VINCI consolidated CapEx Aligned CapEx in 2023 (%)
|
Eligible activities
At 31 December 2024, 43% of the Group’s CapEx was eligible, excluding the acquisitions of Edinburgh airport and the Northwest Parkway section of the Denver ring road (stable relative to 2023). The analysis of the water, circular economy, pollution and biodiversity objectives identified additional eligible activities but that do not contribute significantly to the Group’s alignment percentage.
Aligned activities
At 31 December 2024, the percentage of the Group’s Taxonomy-aligned CapEx excluding the acquisitions of Edinburgh airport and the Northwest Parkway section of the Denver ring road was stable compared with 2023, at 22%. The main contributing activities were as follows:
Climate change mitigation objective
