VINCI is developing its businesses and expertise to deliver solutions for its customers that address the major challenges of the environmental transition. These solutions focus on the following topical issues:
- Supporting the transition to low-carbon energy, through an integrated offer of financing, construction, connection and maintenance of renewable energy production facilities (solar photovoltaic power plants, wind power projects). At end-2025, Cobra IS had a renewable energy production portfolio totalling over 5.0 GW of capacity, including assets in operation, under construction or ready to build. The company plans to develop an average of 1.5 GWp of additional capacity per year, with the target of achieving a total of at least 12 GWp for assets in operation and/or under construction by 2030. VINCI also works on the construction and maintenance of infrastructure to facilitate low-carbon electrification, including electricity transmission and distribution networks, substations that connect wind and solar farms to the grid, and electric battery plants. In addition, VINCI supports its customers in the construction and maintenance of nuclear energy production infrastructure and is working to develop infrastructure for use of low-carbon hydrogen at its airports and on its motorways, as well as through various partnerships and investments (see “Supporting the transition to a low-carbon economy” in paragraph 2.2.2.1, “Climate change mitigation and energy”, page 210).
- Accelerating energy renovation (see “Supporting the transition to a low-carbon economy” in paragraph 2.2.2.1, “Climate change mitigation and energy”, page 210). The energy renovation market generated €2.7 billion in revenue for VINCI in 2025 (compared with €2.4 billion in 2024) and is expected to expand further. In addition to leading renovation projects, VINCI has also implemented innovative solutions to support thermal building renovation and gives its customers the opportunity to improve their efficiency through arrangements such as energy performance contracts (EPCs).
- Developing low-carbon mobility (see “Supporting the transition to a low-carbon economy” in paragraph 2.2.2.1, “Climate change mitigation and energy”, page 210). VINCI develops solutions that contribute to decarbonising mobility, such as installing charge points for electric and hybrid vehicles and supplying this equipment for the motorway network and airports it operates under concession (more than 2,400 charge points installed at end-2025).
- Soil unsealing and land rehabilitation (see paragraph 2.6.2.2, “Action plan”, page 240). To help conserve water resources, preserve biodiversity and recreate natural environments where necessary, VINCI has developed expertise in environmental engineering, especially through solutions provided by VINCI Construction’s brand Equo Vivo®.
- Climate change adaptation (see paragraph 2.2.2.2, “Climate change adaptation”, page 220). VINCI provides regions with concrete solutions to address climate change, including the construction and financing of infrastructure adaptation projects (sea walls, tunnels, bridges, water desalination plants, etc.) and the eco-design of adapted buildings. Projects aimed at preventing flooding totalled around €140 million in revenue for VINCI Construction companies in 2025.
These market opportunities that could benefit the entire Group are detailed in the double materiality assessment. Longer-term market developments relating to the environmental transition are harder to anticipate and quantify, but should not have a material impact on the useful lives of the Group’s assets.
VINCI’s business lines also aim to be vectors for social progress. With that intention, the Group integrates several key focuses into its strategy and business model that address the current transition issues:
- Working in the public interest as a partner: through its businesses, VINCI acts as a partner working in the public interest and plays an essential role in meeting today’s major challenges that inevitably impact population groups. By 2030, 60% of the world’s population will be living in cities, mostly in developing countries. Given this rapid urbanisation, growing housing and mobility needs, and demographic and social changes, Group companies contribute worldwide to bringing solutions. The Group participates in building infrastructure, including schools, hospitals, sports facilities and water and energy networks, which are essential to improving the quality of life of citizens and the economic development of regions.
- A decentralised model for strong local roots: the Group has voluntarily adopted a decentralised structure based on a network of more than 4,300 companies that are firmly rooted in their regions and communities. They each contribute to local development in terms of economic activity, employment and tax. In addition to the Group’s approved suppliers, 66% of which are SMEs, its entire value chain and sourcing ecosystem are locally focused. The Group’s suppliers and subcontractors are primarily local market players, and nearly 50% of VINCI’s purchases in France are placed with SMEs. As such, it supports local economies in every region where it operates.
- Corporate citizenship and solidarity to enhance employability: VINCI’s businesses create substantial numbers of local jobs, especially for people who are trained and hired under integration programmes at worksites. In France, VINCI Insertion Emploi (ViE) works with Group companies to implement these programmes, managing over 1 million integration hours each year. Teaming up with partners specialising in integration through economic activity, VINCI is also creating social joint ventures to help build paths to sustainable employment. As a result, 16 foundations and programmes have been set up around the world to offer sustainable opportunities for all Group employees to get involved and support non-profits tackling exclusion in their communities. Group companies contributed over €7 million to these foundations and programmes in 2025 (€6.5 million in 2024), supporting 600 projects to help ensure the social and professional integration of disadvantaged people, with a focus on young people and particularly underprivileged communities.
2. Environmental performance
2.1 Environmental ambition
In this context of climate emergency, the environment is a strategic priority for VINCI. The Group tackles it with the aim of playing an active role in the environmental transition of buildings, infrastructure and mobility. VINCI is aware of the responsibility it bears, due to the nature of its business activities, but also recognises its ability to contribute positively to this transition. That is why the Group has set its environmental ambition for 2030, with a twofold objective: significantly reduce the direct impact of its activities and help its customers and partners reduce their own environmental footprint.
VINCI has therefore committed to reduce its direct and indirect CO2 emissions in line with the “well below 2°C” goal of the Paris Agreement, as adopted by the Science Based Targets initiative (SBTi). The Group’s targets for 2030 correspond to a level of ambition validated by the SBTi at the time the Group’s commitment was made. The Group also aims to contribute to global net zero by 2050, but has not yet certified a quantified long-term target.
