An industry-wide evaluation is currently under way regarding the proximity analyses used to calculating distance from biodiversity- sensitive areas. Depending on the assumptions made, the impact on results and their comparability is significant. Initiatives adapted to local environmental issues and the duration of the project are taken on long-term sites operated and managed by Group companies as well as worksites. As Group businesses operate locally over long periods, a number of educational initiatives are implemented to support regional actors (see paragraph 2.6.2, “Policies, objectives and action plans”, page 229).
2.6.3.2 Monitoring offsetting measures put in place
Wildlife crossings and fenced sections
In 2024, the number of wildlife crossings increased compared with 2023, with the inclusion of 106 new crossings on the Cofiroute and ASF networks.
| Wildlife crossings and fenced sections on the motorways of VINCI Autoroutes companies | 2024 | 2023 |
|---|---|---|
| Crossings for small and large wildlife (in number) | Crossings for small and large wildlife (in number)2024 1,224 |
Crossings for small and large wildlife (in number)20231,118 |
| Fenced sections (in km) | Fenced sections (in km)2024 8,949 |
Fenced sections (in km)20238,949 |
Indicators used for quarries (VINCI Construction)
| VINCI Construction’s biodiversity indicators specific to quarries | 2024 | 2023 |
|---|---|---|
| Quarries that have set up a CLCS(*) | Quarries that have set up a CLCS (*)2024 38% |
Quarries that have set up a CLCS (*)202333% |
| Quarries that have formed partnerships with local naturalists | Quarries that have formed partnerships with local naturalists 2024 20% |
Quarries that have formed partnerships with local naturalists 202320% |
2.6.3.3 Land use change
“No net land take” indicators
Extent of land take at VINCI Immobilier
VINCI Immobilier is focusing its strategy to preserve natural environments, aiming to meet a “no net land take” target in France by 2030. Its approach involves the use of a calculation method defined on the basis of existing work to measure soil sealing before and after projects. Progress towards achieving the “no net land take” target is measured using the percentage change in land take (ΔDA) (see paragraph 5.3.7, “VINCI Immobilier’s ‘no net land take’ indicators”, of the methodology note, page 277). At 31 December 2024, the percentage change in land take for the year came to 15% (excluding Urbat) versus 6% in 2023.
Land recycling indicator
Revenue from land recycling operations at VINCI Immobilier
In 2024, 41% of VINCI Immobilier’s revenue was generated through land recycling operations, as against 70% in 2023. The significant decline observed between 2023 and 2024 is mostly attributable to the downturn in the commercial property market, which was one of the main drivers of the strong performance posted in 2023, along with some projects being postponed to 2025.
2.6.3.4 Fighting deforestation
Volume of certified-sustainable wood consumed by VINCI Construction’s Building France Division
At 31 December 2024, the percentage of certified, sustainably sourced wood out of the total consumed by VINCI Construction’s Building France Division was 60%.
3. Social ambition
VINCI’s economic goals are inseparable from its social purpose. As the Group’s projects serve the public good, the performance of its activities is also measured on the basis of their value to society and their contribution to community life. VINCI’s expertise as builders, its entrepreneurial culture and its approach to management will always drive the Group to prioritise people over systems. Furthermore, the Group’s decentralised model reinforces its belief that sustained business success is inextricably linked to an ambitious people-centric approach.
This approach is founded on compliance with international standards and regulations. The Group has been a signatory of the UN Global Compact since 2003. The Group ensures that human rights are respected across its operations, with a particular focus on working conditions and the rights of local communities. This commitment is reaffirmed and set out in detail in VINCI’s Guide on Human Rights, which is applied universally throughout the Group. This guide is based on the UN Guiding Principles on Business and Human Rights, the OECD Guidelines for Multinational Enterprises and the International Labour Organisation’s fundamental conventions. For more information about the Group’s respect for human rights, see section 3, “Duty of vigilance with regard to human rights”, of chapter F, “Duty of vigilance plan”, page 287.