Responding to the climate emergency, VINCI is acting faster to reduce its impact, transform its businesses and create innovative solutions. The Group aims to play an active role in the ecological transition of living environments, infrastructure and mobility systems.
This energy runs through every level in the Group, bringing on board employees, clients, users and suppliers. VINCI’s integrated design-build-operate approach helps reduce environmental impact at each stage in a project’s life cycle.
Conscious of the responsibilities it must live up to when carrying out its operations in construction and energy, as well as its capacity to make a positive contribution to this transition, VINCI has set itself a new environmental ambition for 2030, focused on three main areas:
• Acting for the climate
• Optimising resources thanks to the circular economy
• Preserving natural environments
To achieve this ambition, VINCI mobilises its teams and innovation potential to rapidly transform its businesses and create environmental value – both in the projects on which it works for its clients and the services it provides to users and partners of its infrastructure.
Progress update on VINCI’s environmental policy in 2023
European Taxonomy
In 2022, the Group estimated the proportion of its business that was eligible for and aligned with the first two objectives (climate change mitigation and climate change adaptation) of the European Taxonomy (Regulation (EU) 2020/852) of 18 June 2020:
Revenue at 31/12/2023
| Revenue at 31/12/2023 | European Taxonomy |
|---|---|
| Not eligible | 59% |
| Eligible and aligned | 21% |
| Eligible, not aligned | 20% |
CapEx at 31/12/2023
| CapEx at 31/12/2023 | European Taxonomy |
|---|---|
| Not eligible | 59% |
| Eligible and aligned | 22% |
| Eligible, not aligned | 21% |
Environment Awards
VINCI mobilises its teams and innovation potential to accelerate both the transformation of its businesses and the creation of environmental value in the projects it implements for its clients and in the services it proposes to users and partners of its infrastructure.
In 2021, this endeavour was channelled, in particular, through a campaign that rallied the Group’s 280,000 employees around an unprecedented drive for progress: the Environment Awards, which shone a spotlight on the best grassroots initiatives from employees around the world. In 2022, the Group continued rolling out initiatives arising from the Environment Awards in-house.
On 6 November 2020, Xavier Huillard, Chairman and Chief Executive Officer of VINCI, and Roberto Migliardi, Secretary of the European Works Council, signed the VINCI Environmental guidelines. The declaration provides a framework designed to minimise the risks and impact the Group’s operations has on the environment. All companies throughout the Group have a duty to follow these guidelines in order to improve and adapt our efforts to protect the environment on the ground. Every subsidiary is responsible for ensuring similar efforts are made by subcontractors and joint contractors over the entire duration of projects.
