2025 Universal Registration Document

General and financial elements

Absenteeism

Days of absenteeism by cause
Days of absenteeism by cause
(in number of calendar days) 2025 2025/2024
VINCI Autoroutes VINCI Airports Other concessions VINCI Energies Cobra IS VINCI Construction VINCI Immobilier and holding cos. Total % Change
Non-occupational illness 89,248 148,787 38,785 1,291,398 517,503 1,256,826 17,668 3,360,215 62.1% +4.1%
Workplace accident 4,132 5,954 863 62,400 25,372 111,744 2,265 212,730 3.9% +4.9%
Commuting accident 387 1,540 3 14,375 8,447 19,061 533 44,346 0.8% +3.9%
Recognised occupational illness 2,428 688 - 21,779 334 57,445 - 82,674 1.5% +25.9%
Maternity/paternity leave 5,205 27,989 8,274 217,524 62,158 189,946 7,721 518,817 9.6% 2.0%
Partial activity (furloughs) - - - 10,205 - 37,988 - 48,193 0.9% -36.4%
Weather events - - - 21,742 2,169 166,507 - 190,418 3.5 % -23.1%
Other cause 12,881 40,412 13,099 317,496 106,466 443,689 22,044 956,087 17.7% -3.9%
Total 114,281 225,370 61,024 1,956,919 722,449 2,283,206 50,231 5,413,480 100.0% +0.5%
Summary of the Group’s management of impacts, risks and opportunities (IROs)
Summary of the Group’s management of impacts, risks and opportunities (IROs)
Reminder of IROs VINCI’s response

Negative impacts

  • Infringement of the well-being, physical integrity and mental health of employees due to poor or inadequate working conditions
  • Violation of the rights of workers and their representatives due to failure to respect their freedom of association, trade union rights or collective bargaining

Risks

  • Employee disengagement
  • Damage to the Group’s image
  • Legal proceedings

Negative impacts

  • Infringement of the well-being, physical integrity and mental health of employees due to poor or inadequate working conditions
  • Violation of the rights of workers and their representatives due to failure to respect their freedom of association, trade union rights or collective bargaining

Risks

  • Employee disengagement
  • Damage to the Group’s image
  • Legal proceedings

VINCI’s response

Policies and actions linked directly to IRO management

  • Offering attractive remuneration and sharing the benefits of growth
  • Living wage study
  • Work-life balance
  • Promoting open social dialogue and preventing trade union-related discrimination

Policies and actions contributing indirectly to IRO management

  • Preventing psychosocial risks (see see paragraph 3.1.3.2, “Health and safety: by everyone, for everyone”, page 256)
  • Promoting a culture of inclusion and diversity, thanks to a Group policy and training programmes (see paragraphs 3.1.3.3, “Equal opportunities, the foundation for VINCI’s culture”, page 261, and 3.1.3.4, “Training and skills development: progressing towards sustainable career paths”, page 265)
  • Offering whistleblowing and engagement mechanisms open to employees (see paragraph 3.1.4, “Remediation of negative impacts and channels for employees to raise concerns”, page 268)
3.1.3.2 Health and safety: by everyone, for everyone
Policies

The Group’s primary responsibility in relation to its employees is to ensure their health and safety in the workplace. Aware of the risks involved in their activities, companies organise their production and operating processes around this priority, which includes external personnel, partners and customers. Profitability should never, under any circumstances, take precedence over the essential need for protection. In this context, in June 2022, VINCI was one of the companies to sign on as a member of the Global Alliance for Healthy and Safe Workplaces led by Building and Wood Workers’ International to support the addition of occupational health and safety to the International Labour Organisation’s framework of fundamental principles and rights at work.

Moreover, safety is a major goal for VINCI, with a number one priority: achieving zero accidents. Reiterated in the VINCI Manifesto, the goal applies to all individuals – employees, temporary staff or subcontractors – working on a VINCI construction or operating site. Upon taking office in May 2025, the Group’s Chief Executive Officer reaffirmed both the Manifesto and the joint declaration entitled “Essential and Fundamental Actions Concerning Occupational Health and Safety”, which provides a reference framework for VINCI’s approach (https://www.vinci.com/publi/manifeste/sst-2017-06-en.pdf) This document sets out the key actions to be taken and reaffirms the shared conviction that safety is everyone’s responsibility. This Group framework document was initially signed in 2017 by the Chairman and Chief Executive Officer and the Secretary of the European Works Council.

The Group health and safety prevention programmes presented below are set out in detail in section 2, “Duty of vigilance with regard to health and safety”, of chapter F, “Duty of vigilance plan”, pages 296 to 303.

Managers in particular are responsible for promoting a shared health and safety culture. The Group ensures this through a special focus on training. VINCI is also working to better engage its stakeholders across its value chain around health and safety, and supports its subcontractors with their own improvement initiatives.

Health and safety issues are covered during every Executive Committee meeting. The heads of each business line report on any serious or fatal accidents that may have occurred, their causes and the lessons learned. These matters are also discussed during meetings of the management committees of the Group’s business lines and various entities, as well as by the Board of Directors.

Performance levels in this area are taken into account when determining the short- and long-term variable remuneration of Group executives and managers. The performance criteria have been further strengthened and now incorporate accident frequency and severity rates. As part of a collective approach, safety performance aspects are incorporated into a number of profit-sharing mechanisms.

Fatal accidents are monitored separately at the highest level within the Group every three months. Reporting is organised collectively, overseen by the Chief Executive Officer, to better disseminate the lessons learned, implement the necessary action plans, and prevent these incidents and accidents from reoccurring. At business line level, an analysis of hazardous situations is also carried out, based on serious accidents and potentially serious incidents that have occurred, among other factors.