Universal Registration Document 2024
RISK FACTORS AND INTERNAL CONTROL 2 RISK FACTORS
Net criticality Related material matter
Evolution since 31 December 2023
Description
Risks related to the maintenance, robustness and development of airport capacities 3 – A: Risks related to network management Groupe ADP faces challenges with respect to the robustness of its key networks (electricity, energy, water, IT and telecommunications) +++ 3 – B: Risks related to portfolio management Poorly managed maintenance of its portfolio could have negative effects on Groupe ADP’s operations + 3 – C: Risks related to the management of major projects Groupe ADP is exposed to the risk of non-control of major projects Risks related to the effects of climate change 4 – A: Risks related to environmental change and the effects of climate change Insufficient awareness of environmental issues and of the impacts of climate change could negatively affect Groupe ADP’s activity and growth prospects, and even lead to a decline in air traffic 4 – B: Risks relating to the societal acceptability of our businesses Groupe ADP may affect relations between the airport and the communities in a given area ++ + +++ Practices contrary to ethics and compliance in business conduct by employees or partners may damage Groupe ADP’s reputation and, therefore, its share value ++ 5 – B: Risks related to regulatory changes New regulatory requirements (duty of vigilance, CSRD directive, etc.) to be incorporated within limited deadlines ++ 5 – C: Risks related to data management Processing of personal data that Groupe ADP holds in the course of its activities that does not comply with regulations could incur risks, particularly financial and reputational risks + 5 – D: Risks related to aviation safety Groupe ADP is subject to particularly constraining civil aviation safety standards, non-compliance with which may have negative consequences for its airport management activity + Risks related to compliance and the Company’s culture 5 – A: Corruption and business integrity risks
è
è
è
Climate change mitigation and adaptation
è
Reducing noise pollution/ Local economic development, integration and employment/Quality of dialogue with stakeholders
New
Prevention of ethical and compliance risks (including corruption)
è
ì
è
è
+++ High criticality
++ Medium criticality
+ Low criticality
Change in % vs. 2023: ì Increase è Stable
The Group, which is particularly subject to fluctuations in the Indian rupee (INR) and the Turkish lira (TRY), considers that the exchange risks to which it is exposed are not very material. Please refer to note 9 to the 2024 consolidated financial statements for further information on financial risk management, and in particular note 9.5 on the use of financial instruments and the application of hedge accounting.
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UNIVERSAL REGISTRATION DOCUMENT 2024 w AÉROPORTS DE PARIS
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