Universal Registration Document 2024
SUSTAINABILITY REPORT 4 ENVIRONMENTAL MATTERS
A number of Groupe ADP airports currently hold level 3+ or 4+ accreditation: u Level 3+: TAV Airports' Ankara-Esenboğa and Izmir-Adnan Menderes Airports have both been level 3+, since 2014 and 2016 respectively; u Level 4+: Amman Airport reached level 4+ in 2022. Paris Orly Airport aims to achieve ACA 4+ status by 2025, and will therefore be offsetting its residual Scopes 1 and 2 emissions as well as emissions linked to business travel by Orly employees. Moreover, hubs in the Paris region have been offsetting their emissions linked to employee business travel since 2019. In 2023, Groupe ADP will have offset a total of 16,264 tonnes of CO 2 through the purchase of carbon credits and plans to cancel a further 14,986 tonnes. For 2024 emissions, Groupe ADP has not yet purchased or cancelled any carbon credits outside its value chain. The Group plans to purchase and cancel at least 14,475 tonnes of CO 2 . [E1-7-59-(b)] → Total amount of carbon credits outside the value chain planned to be cancelled in the future The current minimum quantity of carbon credits used to offset emissions in the reporting year, which will be purchased and cancelled in the future, is currently
14,475 tonnes of CO 2 (offsetting emissions from Amman Airport). The quantities of carbon credits needed to offset emissions from the Izmir-Adnan Menderes and Ankara Esenboğa hubs, as well as business travel by employees at Paris airports, will be consolidated in March 2025. Groupe ADP has a service provision contract that secures the purchase of carbon credits until 2030 for its hubs in the Paris region, enabling it to offset emissions from its sites. This includes the possibility of meeting the offsetting requirements of the ACA 4+ for Paris-Orly, a level that this hub is aiming to achieve by 2025, by offsetting its internal emissions as well as those linked to its employees' business travel. [E1-7-AR 61] → Type of project drawn from a capture project When drawing up its GHG assessments, Groupe ADP ensures that the use of carbon credits is clearly distinct from GHG emissions and the associated reduction targets. These carbon credits are used as a complement to direct emission reduction actions, and their use in no way replaces the efforts made to reduce internal emissions. Groupe ADP discloses the volume and quality of credits purchased (see table below).
E1-7 59(a) Total amount of carbon credits outside the value chain, verified against recognised quality standards and cancelled in 2023 Carbon credits cancelled 2023 2024 Total GHG emissions offset 16,264 0 Verified Carbon Standard 52% —% The Clean Development Mechanism 42% —% Gold Standard 6% —% Share from projects within the EU —% —% Share from reduction projects 100% —% Share from capture projects —% —% Share of carbon credits that qualify as “corresponding adjustments” —% —%
[E1-7-AR 61] → Disclosure of the extent of use and quality criteria used for carbon credits
Carbon offset projects include initiatives certified by: u the Verified Carbon Standard; u the Clean Development Mechanism; u the Gold Standard. SPECIFIC FEATURES OF NET-ZERO TARGETS [E1-7-60] → Explanation of the scope, methodologies and frameworks applied and how the residual GHG emissions are intended to be neutralised Groupe ADP has net-zero decarbonisation targets for the Paris airports certified by SBTi. In order to achieve the SBTi net-zero target (see DP E1-4-32), the Group has validated the principle of a strategy of investing in carbon capturing projects (as required to achieve Net-Zero) in order to neutralise residual emissions by the time we reach our net-zero target. The strategy is currently being implemented. Investing now allows us to secure the availability of the necessary volumes of carbon offsets and to have the flexibility to demand very high quality standards for these projects.
Groupe ADP offsets its emissions by purchasing carbon credits and investing in projects outside its value chain. These offsets enable us to meet the requirements of Airport Carbon Accreditation levels 3+ and 4+, which some of the Group's airports hold. These levels involve offsetting the residual emissions from Scopes 1 and 2, as well as emissions linked to employee business travel (Scope 3 Category 6). A number of financially controlled airports in the ADP network are currently accredited to level 3+ or 4+: u lLevel 3+: Ankara-Esenboga and Izmir-Adnan Menderes airports have both been level 3+ since 2014 and 2016 respectively; u level 4+: Amman Airport reached level 4+ in 2022. Paris Orly Airport aims to achieve ACA 4+ status by 2025, and will therefore be offsetting its residual Scopes 1 and 2 emissions as well as emissions linked to business travel by Orly employees. The Paris hubs have also been offsetting their emissions linked to employee business travel since 2019.
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UNIVERSAL REGISTRATION DOCUMENT 2024 w AÉROPORTS DE PARIS
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