2025 Universal Registration Document

General and financial elements

Material IROs related to biodiversity issues
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

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

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 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

Controversy risk: use of wood from deforestation

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

Controversy risk: 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

Controversy risk: 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

Controversy risk: 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, minimise, offset (AMO) hierarchy. With this aim, 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 a steering committee whose members include the French Committee of the IUCN, environmental non-profits, France’s National Museum of Natural History and the UN Global Compact Network France. Its commitments are aligned with past initiatives while targeting the priority issues identified in the materiality assessment. They reflect four focuses:

  • strengthening governance;
  • improving knowledge;
  • reducing the pressures on biodiversity of the Group’s activities;
  • developing the Group’s expertise in restoring natural environments and supporting its customers.

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 partner organisations and companies committed to preserving biodiversity. During the year, VINCI’s business lines also worked together to refine their targets and road maps addressing the five key drivers of biodiversity loss. Several Group companies have forged partnerships with the scientific community and non-profit organisations to ensure that their programmes are robust and informed by expertise.

In 2025, VINCI Concessions launched a biodiversity strategy providing every airport, motorway and railway site around the world with a common framework for action. It is founded on three pillars – Reveal, Reduce, Restore – and aligns with VINCI’s aim to contribute to limiting the world’s net loss of biodiversity.

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

VINCI Construction strictly applies the AMO hierarchy with the aim of achieving no net loss of biodiversity and limiting, to the greatest possible extent, its activities’ inherent impacts on biodiversity. In 2025, VINCI Construction GeoInfrastructure and the Earthworks, Maritime and River Works delegation continued to roll out the Actons la Bionécessité initiative, which seeks to achieve positive biodiversity impacts above and beyond regulatory and contractual requirements.