2025 Universal Registration Document

General and financial elements

Actions
Prevention of health and safety risks

Prevention is implemented on a daily basis through various actions, including the following:

  • Upstream risk analysis is combined with applications used to report hazardous situations, near misses and accidents. This information is compared to better analyse trends and feedback. The findings are then used to improve prevention programs for similar risks and businesses across a business line’s scope, and more broadly throughout the Group.
  • Training adapted to each business, type of site and operational environment is a key component of the Group’s health and safety approach, complemented by the coordination of sector-specific actions. More than 49% of training hours were devoted to health, hygiene and safety in 2025, representing 3.5 million hours (29% of training hours, i.e. 2.3 million hours, in 2024).
  • Working closely on the ground, accident prevention Pivot Clubs and internal collaboration platforms help disseminate and monitor actions for the community of managers, coordinators and experts. Deployed across the Group and tailored to specific priority issues and different geographical areas, the Pivot Clubs help strengthen levels of expertise, develop synergies and enable successful initiatives to potentially be scaled up. This is illustrated by the responsible driving training plan that was successfully launched in 2023.
  • To promote a shared safety culture, events are organised each year by the Group’s entities, such as Safety Days—a week dedicated to safety covering all of the Group’s business lines, across its various sites and subsidiaries. Partners, subcontractors and even temporary staff can take part in these events alongside VINCI employees.
  • Regular visits to production sites by members of management, from all levels, are an integral part of the Group’s culture. Each visit leads to a feedback session on the organisation of production and safety.
  • They are rounded out by short safety-focused events organised to ensure close alignment with operations, such as the safety briefings before anyone starts a new position and the 15-minute safety sessions that bring together all the individuals involved at a worksite.
  • The Group-wide “stop work” rule requires any individual or collective action to be stopped when a situation involves a clear risk of an accident. In 2025, the drive to raise awareness around this rule was ramped up, particularly within VINCI Energies and Cobra IS, to reaffirm that it is not merely an option, but a shared duty of vigilance that applies to everyone. The awareness campaigns organised as part of the Safety Days initiative therefore focused on this issue.

Looking to participate in and financially support a research program on ensuring safety in the future, VINCI is also a member of the Institute for an Industrial Safety Culture (Icsi) and the Foundation for Industrial Safety Culture (Foncsi).

To identify emerging risks, the Health and Safety Task Force also launches innovation and foresight approaches, through the Leonard platform in particular. This work is structured around two complementary pillars:

  • An innovation section, which aims to list health and safety innovations both within and outside the Group, develop approaches to recognise solutions that optimise data and make use of predictive AI technology. In 2025, work focused on identifying risky behaviors on roads (e.g., trucks driving at excessive speeds) while also examining the limitations of these tools, including algorithmic bias and the quality of the data collected.
  • A foresight section, which aims to anticipate the risk factors linked in particular to transformations affecting businesses. In 2025, this review worked on identifying emerging risks related to climate change and its impacts on employee health and safety. The analyses revealed risks that are generally manageable at Group level. However, they also highlighted several areas requiring particular vigilance, such as the increase in extreme temperatures, higher levels of solar radiation in Europe, and the need to raise management teams’ awareness of the integration of climate hazards into risk management.

Each business line also adopts specific actions adapted to its activities, types of site and contexts. They aim to address the risks identified in each case.

At VINCI Construction, the Safety Days alternate each year between a theme that is common to all the divisions and a free theme defined in line with local priorities. In 2025, VINCI Construction chose to dedicate these days to a key issue: mental health. This initiative involved all the business lines and geographical areas, following on from the actions rolled out in the last few years in the United States, Australia, and the United Kingdom. It led to a wide range of actions, such as training managers how to manage their teams’ mental health, deploying mental health first-aiders, and opening up wider access to emergency contact numbers for employees. VINCI Construction thus reaffirms its commitment to making mental health a priority, in the same way as physical safety. A number of initiatives have already been launched to limit the physical impact of activities on its employees. Good health is vital both in everyday life and for sustainable careers in the construction industry. In addition to the many actions already implemented, VINCI Construction therefore launched an initiative in France in 2025 to facilitate access to health check-ups for site workers, team leaders and site managers over the age of 50. These voluntary checkups are coordinated by the business line’s health insurers, and the half-day required to complete them is covered by the company. Lastly, in 2025, VINCI Construction continued working with the French Professional Agency for Risk Prevention in Building and Civil Engineering (OPPBTP) under the agreement signed in July 2024. Initial trials were launched in the field to support its subcontractor partners with improving their approaches. Aware of the key role played by managers in developing an effective safety culture, VINCI Construction is supplementing the training programs already put in place in recent years with an original new initiative. A course on psychological preferences and how they impact the day-to-day management of safety was rolled out in 2025. It will continue in 2026 and cover the entire business line, for all managers up to the heads of the various business units.

VINCI Concessions is continuing to strengthen its safety culture through dedicated tools made available across its network, including the Safety Stories video series and Safety Flash sessions. These resources enable employees to share their initiatives and anticipate the risks already identified in other entities within the network, thus fostering dialogue and the emergence of best practices. This robust approach is supported by cross-entity visits and shared working groups, which build stronger collaboration and facilitate the effective distribution of lessons learned with a view to meeting shared challenges. In May 2025, the theme for the Safety Days was “Stop, Think & Act: From Detection to Action”, following on from the 2024 theme of “Spot & Stop”. It focused on taking action to prevent risks proactively, encouraging each employee to detect hazards, reflect on their potential impacts and take immediate action to eliminate or mitigate them. Several immersion initiatives enabled employees from the head office to take part in activities organised by the various entities, helping develop closer links between the teams and reinforcing the message that everyone, through their actions, contributes to risk prevention and collective safety.