VINCI - 2005 annual report
VINCI - 2005 annual report VINCI - 2005 annual report
A RESPONSIBLE GROUP / ENVIRONMENTAL RESPONSIBILITY Environmental indicators Environmental reporting scope 140 VINCI 2005 ANNUAL REPORT for the environment. These sites are the subject of permanent monitoring and internal inspections carried out by Eurovia’s quality, safety and environment department (QSE). The programme launched seven years ago to upgrade coating plants is now producing results. Inspections are carried out regularly at these sites to ensure they continue to comply with regulations. The risks identifi ed in connection with quarries concern noise, vibration and dust emissions. External audits are carried out every year by certifi ed bodies. Dust emissions, which are checked in compliance with standards defi ned by an external body, are reported once a year to the regional department for industry, research and the environment (DRIRE). Because these risks are limited, no special system has been set up to monitor the costs and investments connected with their management. However, all identifi ed risks are analysed on a case-by-case basis and provisions are allocated if appropriate. On 31 December 2005, provisions allocated by Eurovia, where most of the industrial and environmental risks are concentrated, amounted to €7 million. TECHNOLOGICAL RISKS As VINCI has no facilities classifi ed under clause IV of article L. 515-8 of the French Environmental Code, its subsidiaries are no longer directly concerned by technological risks. They can, however, be indirectly exposed to such risks in the following cases: – some VINCI business activities may be carried out occasionally or on a long-term basis near facilities classifi ed as presenting technological risks. The companies involved must then comply with current legislation: in particular, they may not initiate any activities that could lead to an increase in the number of employees working close to the classifi ed site; – some of VINCI Energies’ business units may be called upon to work inside classifi ed facilities where the operations rules oblige them to take all the necessary safety steps, especially those concerning employee evacuation. Environmental reporting is carried out once a year in accordance with formalised procedure manuals. More than 200 VINCI employees are involved in the reporting activity. In line with the master plan established in 2003, the reporting mechanism has been extended to cover the performance of VINCI Energies’ business units. Change can be measured by division or by type of business based on the verifi ed data. Environmental reporting in 2005 covered 49.8% of total revenue (compared with 34.4% in 2004). 2005 environmental reporting Scope % of revenue VINCI World 49.8% VINCI Construction World 27% of which GTM Construction France 100% VINCI Construction Grands Projets World 100% Eurovia France 57% VINCI Concessions France 47% of which Cofi route France 100% Stade de France France 100% EFS (VINCI Airports) France 100% VINCI Energies World 95%
Above: After rehabilitation, Eurovia’s end-of-operation quarries blend perfectly into their natural environment. Pictured here: the Meurthe sand quarry. 141
- Page 93 and 94: VINCI Construction Grands Projets
- Page 95 and 96: ÉDITORIAL A BUILDING OF THE FUTURE
- Page 97 and 98: The fl oating swimming pool To meet
- Page 99 and 100: Civil engineering revenue +11.2 % S
- Page 101 and 102: Top. Restructured so as to reduce t
- Page 103 and 104: In the United Kingdom and Germany,
- Page 105 and 106: 101
- Page 107 and 108: ÉDITORIAL Top. Standing alongside
- Page 109 and 110: VINCI Immobilier will be developing
- Page 111 and 112: A RESPONSIBLE GROUP 107
- Page 113 and 114: Implementation of the Global Compac
- Page 115 and 116: Priority areas and projects Limit t
- Page 117 and 118: Commitments Guarantee the safety an
- Page 119 and 120: COMBINING MOTIVATION AND SAFETY CFE
- Page 121 and 122: DEVELOPING SKILLS VINCI’s trainin
- Page 123 and 124: VINCI CONSTRUCTION SATISFACTION SUR
- Page 125 and 126: Other social indicators A RESPONSIB
- Page 127 and 128: REMUNERATION Remuneration and socia
- Page 129 and 130: LEARNING TO LEARN The VINCI Foundat
- Page 131 and 132: EMERGENCY AID ACTIVITIES The VINCI
- Page 133 and 134: FICHE VINCI PREQUALIFICATION AND IM
- Page 135 and 136: Above: Since 2005, VINCI’s approv
- Page 137 and 138: A BUILDING THAT USES LESS ENERGY VI
- Page 139 and 140: ISO 14001 CERTIFICATION GROWTH 2004
- Page 141 and 142: IMPROVING THE ENERGY EFFICIENCY OF
- Page 143: Optimising waste management VINCI c
- Page 147 and 148: B/ NOISE POLLUTION Eurovia 2005 200
- Page 149 and 150: UN GROUPE RESPONSABLE / RESPONSABIL
- Page 151 and 152: Opinion of one of the Statutory Aud
- Page 153 and 154: FINANCIAL STATEMENTS FINANCIAL STAT
- Page 155 and 156: 27. Market value of fi nancial inst
- Page 157 and 158: 2.1 APPOINTMENTS AND FUNCTIONS OF C
- Page 159 and 160: Alain Dinin Age: 55 • 1997-2008 N
- Page 161 and 162: Yves-Thibault de Silguy (suite) Wil
- Page 163 and 164: The other eleven Directors are prom
- Page 165 and 166: - in respect of the Company’s int
- Page 167 and 168: The following table shows the Direc
- Page 169 and 170: When he retired, he received €1,2
- Page 171 and 172: CORPORATE GOVERNANCE Options Option
- Page 173 and 174: REPORT OF THE CHAIRMAN REPORT OF TH
- Page 175 and 176: 3.4. INTERNAL AUDIT The internal au
- Page 177 and 178: The third step, in 2003 and 2004, i
- Page 179 and 180: REPORT OF THE STATUTORY AUDITORS IN
- Page 181 and 182: Outside France, VINCI Energies’ r
- Page 183 and 184: 1.3 NET PROFIT Net profi t attribut
- Page 185 and 186: The Group’s fi nancial structure
- Page 187 and 188: 1.3 CONCESSIONS The main risks in c
- Page 189 and 190: C. INSURANCE 1. GENERAL POLICY Give
- Page 191 and 192: D. OTHER INFORMATION 1. INVESTMENT
- Page 193 and 194: CONSOLIDATED FINANCIAL STATEMENTS C
Above: After rehabilitation, Eurovia’s end-of-operation quarries blend perfectly into their natural environment.<br />
Pictured here: the Meurthe sand quarry.<br />
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