2024 Universal Registration Document

General and financial elements

Material IROs related to biodiversity issues

Material impacts, risks and opportunities Businesses concerned Position in the value chain and on the time horizon Stakeholders concerned
Activities in or near biodiversity-sensitive areas

Negative impact : biodiversity-sensitive areas – disruption or degradation of ecosystems related to Group operations

Significant disruptions or degradation to the state of ecosystems and of flora and fauna, related to Group activities located close to or inside protected areas, Unesco sites, key biodiversity areas or sensitive areas

Negative impact : biodiversity-sensitive areas – disruption or degradation of ecosystems related to Group operations

Significant disruptions or degradation to the state of ecosystems and of flora and fauna, related to Group activities located close to or inside protected areas, Unesco sites, key biodiversity areas or sensitive areas

Businesses concerned

  • VINCI Concessions
  • VINCI Autoroutes
  • Cobra IS (Belmonte)
  • VINCI Construction (quarries)

Negative impact : biodiversity-sensitive areas – disruption or degradation of ecosystems related to Group operations

Significant disruptions or degradation to the state of ecosystems and of flora and fauna, related to Group activities located close to or inside protected areas, Unesco sites, key biodiversity areas or sensitive areas

Position in the value chain and on the time horizon

  • Downstream
  • Short term

Negative impact : biodiversity-sensitive areas – disruption or degradation of ecosystems related to Group operations

Significant disruptions or degradation to the state of ecosystems and of flora and fauna, related to Group activities located close to or inside protected areas, Unesco sites, key biodiversity areas or sensitive areas

Stakeholders concerned

  • Nature and biodiversity
  • Local communities and residents

Controversy risk : biodiversity-sensitive areas

Controversies and major media exposure related to stakeholder pressure, such as from NGOs, on operations for the benefit of users of infrastructure

Controversy risk : biodiversity-sensitive areas

Controversies and major media exposure related to stakeholder pressure, such as from NGOs, on operations for the benefit of users of infrastructure

Businesses concerned

  • VINCI Concessions
  • VINCI Autoroutes

Controversy risk : biodiversity-sensitive areas

Controversies and major media exposure related to stakeholder pressure, such as from NGOs, on operations for the benefit of users of infrastructure

Position in the value chain and on the time horizon

  • Own activities
  • Medium term

Controversy risk : biodiversity-sensitive areas

Controversies and major media exposure related to stakeholder pressure, such as from NGOs, on operations for the benefit of users of infrastructure

Stakeholders concerned

  • Employees, subcontractors, temporary staff
  • Customers
  • Public authorities
  • Local communities and residents
  • Nature and biodiversity
  • Investors and lenders
Land use change

Negative impact : soil sealing

Degradation or destruction of natural environments and soil depletion related to soil sealing resulting from the Group’s new construction and earthworks activities and its extraction of raw materials

Negative impact : soil sealing

Degradation or destruction of natural environments and soil depletion related to soil sealing resulting from the Group’s new construction and earthworks activities and its extraction of raw materials

Businesses concerned

  • VINCI Immobilier
  • VINCI Autoroutes (new infrastructure)
  • VINCI Concessions (new infrastructure)
  • VINCI Construction (quarry expansions)

Negative impact : soil sealing

Degradation or destruction of natural environments and soil depletion related to soil sealing resulting from the Group’s new construction and earthworks activities and its extraction of raw materials

Position in the value chain and on the time horizon

  • Own activities
  • Short term

Negative impact : soil sealing

Degradation or destruction of natural environments and soil depletion related to soil sealing resulting from the Group’s new construction and earthworks activities and its extraction of raw materials

Stakeholders concerned

  • Employees, subcontractors, temporary staff
  • Customers
  • Public authorities
  • Local communities and residents
  • Nature and biodiversity
  • Investors and lenders

Risk : controversy related to the use of wood from deforestation

Controversies and major media exposure related to stakeholder pressure / NGOs if wood from deforestation is used

Risk : controversy related to the use of wood from deforestation

Controversies and major media exposure related to stakeholder pressure / NGOs if wood from deforestation is used

Businesses concerned

VINCI Construction

Risk : controversy related to the use of wood from deforestation

Controversies and major media exposure related to stakeholder pressure / NGOs if wood from deforestation is used

Position in the value chain and on the time horizon

  • Upstream
  • Medium term

Risk : controversy related to the use of wood from deforestation

Controversies and major media exposure related to stakeholder pressure / NGOs if wood from deforestation is used

Stakeholders concerned

  • Suppliers
  • Nature
  • Local communities and residents
  • Employees, subcontractors, temporary staff

Opportunity : revenue from land recycling operations (urban reconstruction by reusing its assets)

Implementation of land recycling projects

Opportunity : revenue from land recycling operations (urban reconstruction by reusing its assets)

Implementation of land recycling projects

Businesses concerned

VINCI Immobilier

Opportunity : revenue from land recycling operations (urban reconstruction by reusing its assets)

Implementation of land recycling projects

Position in the value chain and on the time horizon

  • Own activities
  • Medium term

Opportunity : revenue from land recycling operations (urban reconstruction by reusing its assets)

Implementation of land recycling projects

Stakeholders concerned

  • Employees, subcontractors, temporary staff
  • Customers
  • Public authorities
  • Local communities and residents
  • Nature and biodiversity
  • Investors and lenders
2.6.2 Policies, objectives and action plans
2.6.2.1 Policy for preserving natural environments and biodiversity

The Group’s activities have impacts on natural environments, which VINCI strives to mitigate by applying the avoid, reduce, compensate (ARC) hierarchy. VINCI has undertaken to achieve no net loss of biodiversity by 2030. In 2024, it renewed its commitments to act4nature international, which were validated by the steering committee (whose members include the French Committee of the IUCN, environmental non-profits, France’s National Museum of Natural History, the Global Compact Network France, etc.). The four main commitments remain aligned with past initiatives while targeting the issues identified in materiality assessments: strengthening governance, improving knowledge, reducing the pressures on biodiversity of the Group’s activities, and developing the Group’s expertise in restoring natural environments and supporting its customers. VINCI’s commitments and progress report are published in French and in English on the act4nature international website. In December 2024, VINCI’s commitments were also recognised by the global It’s Now for Nature campaign by Business for Nature, a global coalition of more than 85 influential partner organisations and forward-thinking companies. In 2024, VINCI’s business lines worked together to set targets and build road maps addressing the five key drivers of biodiversity loss. Several VINCI companies have forged partnerships with the scientific community and non-profit organisations (see paragraph 3.1.5, “Dialogue with stakeholders”, page 232) to inform their programmes with accurate expertise.

At VINCI Autoroutes, the ARC approach is an essential part of any motorway project and integrated into all processes, from design and construction to operation and maintenance. It builds many structures along motorways to provide safe crossings for wildlife and reduce the fragmentation of their habitats.

VINCI Concessions is rolling out a policy to address biodiversity issues while taking into consideration the diversity of its activities. Biodiversity experts in the international network, which represents all three VINCI Concessions business lines, were involved in shaping the Biodiversity policy to ensure its close adaptation to local challenges and realities.

For many years, VINCI Construction has been implementing measures to promote biodiversity and mitigate the inherent impacts of its businesses. VINCI Construction companies strictly apply the ARC hierarchy with the aim to achieve no net loss of biodiversity. Thanks to its acquired expertise, the commitments it has made and the engineering work accomplished across its businesses, VINCI Construction can now demonstrate concrete results and examples of its preservation of biodiversity.

VINCI Immobilier is the first nationwide property developer to make a “no net land take” commitment, ahead by more than 20 years on the target set by France’s Climate and Resilience Law. By 2030, each square metre of soil sealed will be offset by unsealing one square metre on another project. Due to this, VINCI Immobilier prioritises operations on soil that has already been sealed and no longer undertakes any project in which the number of square meters of land take exceeds the floor area built.