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VINCI - 2005 annual report

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A RESPONSIBLE GROUP / THE SUSTAINABLE DEVELOPMENT APPROACH<br />

<strong>VINCI</strong>’s sustainable<br />

development approach<br />

<strong>VINCI</strong>’s goal is to combine its business model with a humanistic focus based on<br />

social responsibility. Its sustainable development approach is built around<br />

fi ve main themes: human resources, civic involvement, customer and supplier<br />

relations, environment and corporate governance. Targets for the medium and<br />

long term have been defi ned in each of these areas.<br />

Coordination<br />

of the sustainable<br />

development<br />

approach<br />

In line with most of its functions, <strong>VINCI</strong> has<br />

decentralised responsibility for sustainable<br />

development to its operating entities and<br />

their senior management to ensure that the<br />

concepts and systems become an integral<br />

part of day-to-day operations.<br />

The sustainable development approach is<br />

coordinated by the sustainable development<br />

delegation and overseen by the 16-member<br />

sustainable development committee, which<br />

<strong>report</strong>s to the executive committee. It is<br />

supported by committees and think tanks,<br />

as well as a network of almost 200 sustainable<br />

development correspondents in<br />

the various subsidiaries. In <strong>2005</strong>, <strong>VINCI</strong><br />

Energies created a sustainable development<br />

club bringing together 17 regional<br />

directors. Each of the division’s 700 business<br />

units was invited to present its sustainable<br />

development actions and goals within the<br />

framework of its “shared strategic project”.<br />

In <strong>2005</strong>, the holding company’s sustain-<br />

108<br />

<strong>VINCI</strong> <strong>2005</strong> ANNUAL REPORT<br />

able development delegation reinforced<br />

the support and advisory system available<br />

to operating entities by creating new tools.<br />

These included a methodology that aims<br />

to propose technical solutions at every<br />

stage of a project - design, construction,<br />

operation - to limit climate change impacts<br />

and enhance the eco-effi ciency of projects<br />

throughout their life cycle.<br />

Tools for supporting<br />

the strategy<br />

Social and environmental <strong>report</strong>ing<br />

The deployment of the system is part of an<br />

improvement programme that consists of<br />

target setting and performance assessment.<br />

The approach chosen by <strong>VINCI</strong> draws on<br />

the Global Reporting Initiative (GRI)<br />

guidelines on transparency and on article<br />

116 of France’s new economic regulations<br />

law (NRE) and its enabling decree of<br />

20 February 2002.<br />

Exchange of best practices<br />

<strong>VINCI</strong> participates in a number of working<br />

groups within specialised organisations.<br />

They include “establishment of local roots”<br />

and “corporate involvement in disadvantaged<br />

neighbourhoods” with the Institut du<br />

Mécénat de Solidarité (IMS); “NGO-business<br />

partnerships” with the Observatoire de la<br />

Responsabilité Sociale des Entreprises<br />

(ORSE); “climate change” with Entreprises<br />

pour l’Environnement (EPE); “protection of<br />

biodiversity” with AFEP and the Ministry<br />

for Ecology and Sustainable Development<br />

and “company-local authority relations”<br />

with Comité 21. <strong>VINCI</strong> also contributes to<br />

the work carried out by industry trade<br />

organisations such as EGF-BTP, FNTP, FFB,<br />

URSIF and ASFA.<br />

Dialogue with stakeholders<br />

<strong>VINCI</strong> identifi es the expectations of the<br />

stakeholders affected by its activities,<br />

mainly through customer and employee<br />

satisfaction surveys, questions raised at<br />

the Shareholders Meeting, meetings of<br />

the Group Works Council and European<br />

Works Council, press relations, meetings<br />

held to consult with local residents, the<br />

evaluation and negotiation of contracts, etc.<br />

The dialogue established and resulting<br />

feedback allow <strong>VINCI</strong> to adapt its practices<br />

to the present and future expectations of<br />

its stakeholders.

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