VINCI is active in sectors that contribute significantly to climate change: transport and construction are responsible for over 50% of greenhouse gas emissions each year. And these sectors are acutely exposed to the risks arising from climate change. That is whythe Group is taking action to limit the future consequences of climate change, by setting an ambitious target to cut its gross emissions and by setting an ambitious target to cut its gross emissions and working towards it throughout its value chain.
LIMITING THE FUTURE CONSEQUENCES OF CLIMATE CHANGE
VINCI is active in sectors that contribute significantly to climate change: transport and construction are responsible for over 50% of greenhouse gas emissions each year. And these sectors are acutely exposed to the risks arising from climate change. That is why the Group is setting an ambitious target to cut its gross emissions and working towards it throughout its value chain.
This means optimising our energy consumption, switching to renewable sources on a massive scale, thinking again about the way we design projects, and thereby making our buildings and infrastructure more resilient, carbon-light and energy-efficient. It also means inventing new services and solutions that transform mobility, homes and lifestyles, so that our customers can shrink their carbon footprints too.
In this way, VINCI is contributing to the collective effort to achieve carbon neutrality, which is vital in limiting the rise in global temperatures.
OUR AMBITION FOR 2050:
NET ZERO GREENHOUSE GAS EMISSIONS.
A STRATEGY OF CONTINUOUS IMPROVEMENT
VINCI mobilises its teams and innovation potential to reduce the impact of its own activities as well as the carbon footprint and climate exposure of the projects it undertakes and manages for clients and local authorities.
VINCI is reassessing all its production and operation methods and equipment. The action plans currently being rolled out at Group level and within each business line, together with indicators to measure progress, unite employees, stakeholders and the users of buildings and infrastructure managed by VINCI in reducing both direct and indirect emissions simultaneously.
VINCI is also launching research and development initiatives and scientific and technological partnerships, notably with ParisTech. In addition, it has set up a working group –comprising experts in all its fields and based at Leonard, the innovation and foresight platform– that focuses on progressively factoring climate resilience into its offers, projects, structures and solutions.
VINCI’s trajectory to reduce greenhouse gas emissions is aligned with the Paris Climate Agreement to limit global warming to less than 2°C by the end of the century.
ACTIONS TAKEN
Worksite machines and heavy vehicles
• Replacing the fleet of worksite machines, company cars and utility vehicles with more energy-efficient models, including electric or hybrid, hydrogen- or biogas-powered utility vehicles, and electric cars with lower greenhouse gas emissions.
For example, by running trucks on biofuel, VINCI Energies has cut its emissions by 70% in France, 64% in Portugal and 78% in Sweden.
• Encouraging employees to reduce their own consumption, with carpooling platforms, training in eco-driving and incentives to switch to active travel.
• Teaming up with worksite machine manufacturers and leasing companies to test innovative low-carbon systems in real-life conditions.
Industrial activities
• Optimising energy efficiency and replacing high greenhouse gas emitting energy sources with natural or renewable gas.
Buildings and worksite facilities
• Auditing energy efficiency of buildings and stepping up thermal renovation, temperature regulation, and eco-design.
Renewable energies
• Increasing the use of renewable energies, especially thanks to the installation of photovoltaic power plants for self-consumption.
Indirect emissions
ACTIONS TAKEN
Supply chain
• Embarking on an improvement drive with strategic suppliers and subcontractors.
• Gradually mainstreaming low-carbon concretes at all VINCI Construction worksites.
Customer solutions
• Applying environmental solutions that help our customers reduce their carbon footprint: sustainable construction, energy efficiency, sustainable mobility.
• Developing products, services and expertise in renewable energies to contribute fully to the energy transition and improve the energy mix of the future.
• Encouraging users to switch to low-carbon options on motorways (expanding electric vehicle charging capacity, carpooling facilities, multimodal hubs, express bus services) and in airports (adjusting airport tax charges based on aircrafts’ carbon emissions, contributing to developing sustainable biofuel and hydrogen systems).
Eco-design
• Developing tools to quantify carbon impacts of projects during the bidding phase in order to propose low-carbon alternatives.
• Implementing low-carbon strategies in engineering (e.g. VINCI Construction’s Environment in Design approach).
CLIMATE RESILIENT PROJECTS AND STRUCTURES
Global warming and especially extreme climate events are a physical threat to VINCI’s structures and projects. Climate resilience is an integral part of our project risk assessment process and ensures that the regions we operate in are better equipped to withstand climate change.
