Compliance of the sustainability information included in the sustainability report with the provisions of Article L.233-28-4 of the French Commercial Code, including with the ESRS
Nature of procedures carried out
Our procedures consisted in verifying that, in accordance with legal and regulatory requirements, including the ESRS:
- the disclosures provided allow for an understanding of the general basis for the preparation and governance of the sustainability information included in the sustainability report, including the basis for determining the information relating to the value chain and the exemptions from disclosures used;
- the presentation of this information ensures that it is readable and understandable;
- the scope chosen by VINCI for providing this information is appropriate; and
- on the basis of a selection, based on our analysis of the risks of non-compliance of the information provided and the expectations of users, this information does not contain any material errors, omissions or inconsistencies, i.e. that are likely to influence the judgement or decisions of users of this information.
Conclusion drawn from the procedures carried out
Based on the procedures we have carried out, we have not identified any material errors, omissions or inconsistencies regarding the compliance of the sustainability information included in the sustainability report with the provisions of Article L.233-28-4 of the French Commercial Code, including with the ESRS.
Elements that received particular attention
Information provided in application of environmental standards (ESRS E1 to E5)
Disclosures on climate change (ESRS E1), and in particular greenhouse gas (GHG) emissions and the transition plan, appear in paragraph 2.2, “Acting for the climate”, of the sustainability report, page 208.
Our work consisted primarily in:
- conducting interviews with the Group’s environment departments and main subsidiaries to inquire about the process adopted by the Group to produce this information and to assess it, in particular regarding climate change mitigation and adaptation;
- designing and implementing appropriate analytical procedures based on this information and our knowledge of the Group;
- assessing the appropriateness of the information presented in the above-mentioned paragraph of the sustainability report and its overall consistency with our knowledge of the Group;
- checking the information provided in the sustainability report regarding the approval and oversight of the transition plan and GHG emissions by each entity’s management and supervisory bodies.
Furthermore, more specifically, we also:
- obtained an understanding of internal control procedures, risk management and calculation methods implemented by the Group to determine its GHG emissions;
- examined the emission factors used and the related conversion calculations, as well as calculation and extrapolation assumptions;
- reconciled, for directly measurable data such as energy consumption related to Scope 1 and Scope 2 emissions, on a sample basis, the underlying data used to assess GHG emissions with supporting documentation;
- examined whether the information disclosed on the transition plan in paragraph 2.2.2.1, “Climate change mitigation and energy” of the sustainability report, page 210, meets the requirements of ESRS E1;
- assessed the consistency of the estimate of the amount of CapEx required to implement the transition plan with the budget forecasts of the main subsidiaries concerned.
Information provided in application of social standards (ESRS S1 to S4)
Disclosures regarding the Group’s workforce (ESRS S1) appear in paragraph 3.1, “Taking action for the Group’s employees”, of the sustainability report, page 245.
Our work consisted primarily in:
- conducting interviews with the human resources departments of the Group, its business lines and main subsidiaries to inquire about the process adopted by the Group to produce and assess this information, particularly regarding health and safety;
- designing and implementing appropriate analytical procedures based on this information and our knowledge of the Group;
- verifying the arithmetical accuracy of the calculations used to prepare this information;
- assessing the appropriateness of the information presented in the above-mentioned paragraph of the sustainability report and its overall consistency with our knowledge of the Group.
Furthermore, more specifically for certain social indicators such as, in particular, the frequency and severity rates of workplace accidents, the proportion of women within the managerial population, or the living wage, we also:
- reconciled, on a sample basis, the data used to calculate these indicators with supporting documentation;
- assessed the analysis performed by the Group of the remuneration paid to its employees and the presentation provided in paragraph 3.1.3.1, “Working conditions: promoting open social dialogue and sharing the benefits of performance”, of the sustainability report, page 252.
