Universal Registration Document 2024
4 SUSTAINABILITY REPORT ENVIRONMENTAL MATTERS
4.2.1 CLIMATE CHANGE
Baseline
4.2.1.1
4.2.1.2
4.2.1.3
CLIMATE CHANGE ADAPTATION
CLIMATE CHANGE MITIGATION
DEVELOPING NEW ENERGY BUSINESS LINES
Challenges
IRO
Adapting airport infrastructures to climate change has impacts (GHGs, land use), but it is necessary to avoid damaging assets and/or halting operations. This offers ADP the opportunity to build sustainable, resilient and energy-efficient infrastructures
For airports, climate change mitigation means reducing GHG emissions. The search for innovative solutions for sustainable development creates jobs, but the potential limitations on air traffic imposed by regulations to limit emissions may result in a drop in employment levels for employees and workers in the value chain in the hub areas, and a lower standard of living Curbing climate change by reducing the environmental impact of the Group's activities and its value chain, while meeting the expectations of customers in the sector scope of the issue and its climate change mitigation policy, but the application of the policy is different for each hub Scopes 1 and 2: u Efficiency and energy savings plan u Developing low-carbon heat u Purchasing guarantees of origin/ renewable energy certificates and developing photovoltaic solar power u Reducing the carbon footprint of the vehicle fleet Scope 3: u Preparing for the arrival of new aeronautical energy sources (SAF, e-SAF, low-carbon hydrogen, etc.) and optimising their integration u Greening airside activities u Strengthen rail/air intermodality, reduce the use of individual vehicles, strengthen connectivity with the regions and make airport hubs real multimodal hubs at the regional and national levels u Reducing the carbon footprint of its construction processes, by integrating innovative practices and technologies aimed at reducing the environmental impacts of its investment projects SBTi (Science Based Target initiative) targets for the Group's Paris region hubs Carbon neutrality target – on Scopes 1 and 2 – for Airports for Trust charter signatories ACA (Airport Carbon Accreditation) targets set for 7 airport hubs 2025 Pioneers for Trust
Transforming the airport model into an energy hub requires significant CapEx. The expected results depend on the value of the energy sold and the ability of companies and customers to pay. However, the expected long-term gain from investment remains higher than the costs incurred in the short and medium term Taking advantage of new technologies and new energies to transform Groupe ADP's hubs into energy hubs 2025 Pioneers strategic roadmap: transforming airports into energy hubs, capable of distributing and even producing low-carbon energy, is one of the two pillars for the transformation of Groupe ADP's airport model u Developing the production and use of photovoltaic energy, and developing low-carbon heat production and transport assets u Speeding up the distribution of sustainable fuel u Supporting the development of hydrogen at airports Group – all consolidated companies
Explanation of what is at stake for ADP
Adapting the company's infrastructure and assets to climate change and its consequences (global warming, rising sea levels, etc.)
Scope*
Group – all consolidated companies Groupe ADP has defined the
Policy
General strategic roadmap
Actions
Finalising the analyses of the net physical climate related risks at the most affected airports Reducing the carbon footprint of the vehicle fleet
Targets
KPI 8 of 2025 Pioneers: Use of 10% of low-carbon energy in the terminals and airside ( i.e. , virtually twice as much as in 2019), and 40% excluding take-off and landing
* The consolidated scope is as described in DR BP-1.
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