VINCI - 2005 annual report

Opinion of one of the Statutory Auditors on the implementation
of environmental reporting and on the application of
procedures for the collection of information contained in the
Social Responsibility section of the 2005 annual report
As requested, and as Statutory Auditors of VINCI,
we have performed the procedures described
below relating to verifi cation of:
– the implementation of procedures related to
environmental reporting; and
– the application of procedures for the
collection of information contained in the Social
Responsibility section of the 2005 annual report.
This implementation and these procedures have
been established under the responsibility of the
Executive Committee of VINCI. We are required
to form an opinion on them on the basis of our
work, which constituted neither an audit nor a
limited review of information as understood in
the international auditing standards.
NATURE AND EXTENT
OF OUR WORK
Our work comprised the following:
• With respect to the approach to implementation
of environmental reporting
– a review of the system implemented to collect
environmental data in four sub-groups (1) , notably
as concerns criteria of relevance, completeness,
reliability, objectivity and understandability;
– discussions with the managers responsible for
environmental reporting in each sub-group.
• With respect to the application of procedures for
the collection of social performance information
– an analysis of the procedures for the collection,
validation and consolidation of social
performance indicators included in the Social
Responsibility section of the annual report and
notably in respect of the criteria indicated above;
– discussions at head offi ce and in four
sub-groups (2) with the main persons responsible
for the implementation and verifi cation of the
application of the social performance information
collection procedures.
Paris, 1 March 2006
Salustro Reydel
Member of KPMG International
COMMENTS
On the basis of the work performed, we have the
following comments to make:
• With respect to the approach to implementation
of environmental reporting
– the four sub-groups reviewed have
implemented an internal system allowing
collection of environmental data; procedures
were formalised during the year;
– this collection does not concern the whole
Group; in particular, certain sub-groups take into
account only information relating to operations
carried out in France.
• With respect to the application of procedures for
the collection of social performance information
– for future years, the means of verifi cation to
be implemented by the Group’s business lines
should be strengthened;
– the role of each person involved in the
analytical verifi cation of data should be more
clearly defi ned;
– systematic use of the Group reporting system is
desirable wherever it is available.
CONCLUSION
Taking account of the work done and the
comments made above:
• the approach adopted for the implementation
of environmental reporting is being deployed and
must, in particular, be extended across the whole
Group;
• we have not observed any material irregularity
in the application of the procedures implemented
for the collection of the information given in the
Social Responsibility section of the 2005 annual
report.
1.– Cofi route, Eurovia, GTM Construction Grands Projets.
2.– Eurovia, Sogea, VINCI Energies, VINCI Park.
Philippe Arnaud Benoît Lebrun Bernard Cattenoz
Partner in charge of the Partner Partner
environment and sustainable
development department
Free translation of the original French text. For information purposes only.
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