ENVIRONMENTAL AND SOCIAL PERFORMANCE
For VINCI, the environmental, social and ethical dimensions are inseparable from the technical and economic performance of its projects and businesses. The Group strives to embed this approach of all-round performance in its responses to the climate emergency and its contribution to a more inclusive society.
A force for good
VINCI manifesto and commitments
As a global company and leader in its sector, VINCI must lead by example and work towards the common good. Because its projects serve the public interest, VINCI strongly emphasises listening and dialogue with its stakeholders in all its business lines. In response to the major challenges facing the world today, VINCI aims to be a force for good by actively contributing to the environmental transition, peaceful coexistence and social inclusion in cities and regions. Its humanist corporate culture also impacts the way it looks after its employees. This goal of all-round performance is outlined in the VINCI Manifesto, which sets out the values shared by all employees and lays down the Group’s commitments to all its stakeholders. Published in some 30 languages, the Manifesto forms a bond between VINCI’s businesses, and aims to coordinate how its operating entities and their teams act in all the countries in which it operates.
Decentralised implementation
The Group has developed a decentralised structure, through a network of subsidiaries operating autonomously. This structure requires a high level of responsibility from managers and their teams, as they are best placed to identify local issues and problems, as well as the most appropriate solutions. In line with this structure, each entity is responsible – within a common framework set down by the Group – for establishing its own terms of reference and all-round performance targets in light of its businesses and local issues.
Specific governance
Environmental, social and ethical issues are addressed at the highest level of responsibility by the Strategy and CSR Committee of VINCI’s Board of Directors, which ensures that they are integrated into the Group’s strategy (see page 6), while the Audit Committee oversees the preparation of sustainability-related information and ensures the effectiveness of internal control and risk management systems. The Human Resources Department, through its Social Responsibility Department, is in charge of social and workplace-related policy; the Environment Department is responsible for the environment policy; the Ethics and Compliance Department for the ethics policy. The Human Rights, Environment and Ethics and Compliance committees regularly meet with the representatives of the business lines to identify the major issues and implement compliance practices to prevent human and environment risks, and to facilitate the dissemination of measures and best practices.
Integration of sustainable development issues
VINCI closely tracks and analyses the key trends liable to impact its businesses in the short, medium and long term. The main issues are the climate emergency, stakeholder expectations, urbanisation, mobility and digital transformation. These shifts may involve risks, but they also provide opportunities, as Group entities work to bring solutions that meet the challenges of transition. The executive bodies and business lines also ensure they include these issues in the policies they implement. The main environmental, social and ethical ambitions are briefly addressed in the following pages. The policies and action plans for each area are detailed in the sustainability report and the duty of vigilance plan(see pages 187 à 324).