Further information is provided in paragraph 1.4.1, “Interests and views of stakeholders,” page 198.
The VINCI Group has carried out work to identify its impacts, risks, and opportunities (IROs) relating to the stakeholders in its value chain as part of its double materiality assessment. The detailed methodology can be found in paragraph 1.1.2, “Double materiality assessment”, page 187, and the main impacts, risks and opportunities relating to social issues in the value chain (ESRS S2) are presented in the following table:
| Specific material issue |
Impact materiality Major positive or negative impacts |
Financial materiality Major risks or opportunities |
|---|---|---|
| Human rights in the value chain | Human rights in the value chain
Impact materiality Major positive or negative impacts Negative impacts Infringement of the dignity, well-being, physical integrity, and mental health of workers in the value chain due to a failure to respect fundamental human rights (inappropriate pay and working hours, illegal or undeclared work, substandard housing conditions, etc.) |
Human rights in the value chain
Financial materiality Major risks or opportunities Risks
|
| Forced labour in the value chain | Forced labour in the value chain
Impact materiality Major positive or negative impacts Negative impacts Work performed under duress and significant infringement of the dignity, well-being, physical integrity, and mental health of workers (e.g. debt bondage and illegal recruitment fees, substitution of employment contracts, confiscation of identity documents, restriction of freedom of movement, etc.) |
Forced labour in the value chain
Financial materiality Major risks or opportunities Risks
|
| Health and safety in the value chain | Health and safety in the value chain
Impact materiality Major positive or negative impacts Negative impacts Infringement of the physical integrity of workers in the value chain (occurrence of workplace accidents, development of occupational illnesses, fatalities) due to poor or inadequate safety conditions in relation to the activity (lack of training, absence of appropriate protective equipment, insufficient supervision, etc.) |
Health and safety in the value chain
Financial materiality Major risks or opportunities Risks
|
VINCI joined the UN Global Compact in 2003 and is committed to supporting and promoting respect for human rights within its sphere of influence, and to ensuring that Group companies are not involved in human rights abuses. Representing a total of more than €40 billion in 2025, purchases are an integral part of the Group’s focus on all-round performance. Procurement is a key financial and sustainable performance driver for the Group’s activities and strategic objectives. The aim is to meet the Group’s strategic and operational challenges relating to production, sourcing and even effective control over costs, while ensuring the development of strong and lasting relationships with purchasing partners and managing risks in the value chain.
| (in € billions) | 2025 | 2024 | Change |
|---|---|---|---|
| Total amount of purchases | Total amount of purchases 2025 40.1 |
Total amount of purchases 2024 39.4 |
Total amount of purchases Change +1.8% |
| Percentage of revenue allocated to purchases | Percentage of revenue allocated to purchases 2025 54% |
Percentage of revenue allocated to purchases 2024 55% |
Percentage of revenue allocated to purchases Change – |
| of which purchases consumed | of which purchases consumed 2025 15.0 |
of which purchases consumed 2024 15.7 |
of which purchases consumed Change −4.5% |
| of which purchases of external services | of which purchases of external services 2025 8.8 |
of which purchases of external services 2024 8.0 |
of which purchases of external services Change +10.0% |
| of which subcontracting (excluding concession operating companies’ construction costs) | of which subcontracting (excluding concession operating companies’ construction costs) 2025 14.5 |
of which subcontracting (excluding concession operating companies’ construction costs) 2024 13.9 |
of which subcontracting (excluding concession operating companies’ construction costs) Change +4.3% |
| of which temporary staff | of which temporary staff 2025 1.8 |
of which temporary staff 2024 1.8 |
of which temporary staff Change 0.0% |
This information is presented in Note D.4 to the consolidated financial statements, “Operating income”, page 353.
Approved in 2024 and spearheaded by the Chief Executive Officer, the Group’s procurement policy sets out the core principles that apply to employees handling purchases. The aim is to ensure that all participants in Group projects behave in accordance with legal requirements and VINCI’s values while receiving any support required, with a focus on progress. This policy is published in the Group’s five main languages on its intranet. It reminds employees handling purchases about the Group guidelines and fundamental principles to be respected and enforced in relation to human rights. Specifically, they must not tolerate any form of illegal or concealed labor, and they must offer working conditions that are aligned with the fundamental conventions of the International Labour Organisation (ILO). These conventions include the prohibition and prevention of child labor, the prohibition and prevention of forced labor, including human trafficking, and the prohibition and prevention of all forms of workplace discrimination and harassment.
In this policy, VINCI also defines its key ethical and vigilance guidelines and reminds all employees involved in handling purchases about the need to:
