Universal Registration Document 2024
4 SUSTAINABILITY REPORT ENVIRONMENTAL MATTERS
In 2024, Groupe ADP studied the eligibility and alignment of its activities with the six environmental objectives defined by the European Commission, as described above. The analysis covers turnover, capital expenditure (CapEx) and operating expenses (OpEx), although the latter are not considered material in relation to the Group's activities (see also below, "Specific case of OpEx"). The scope of analysis covers not only ADP SA but also its French and international subsidiaries, thereby aligning the scope of analysis of the Taxonomy with the scope of consolidation of Groupe ADP. However, two exceptions were applied: u Paris Experience Groupe and Extime PS, which although included in the scope of consolidation since their acquisition in October 2024, will not be included until the reporting for the 2025 financial year; u for the Taxonomy reporting of investments made by TAV Airports, only three entities have been included: u Almaty, TAV Airports main consolidated asset, u Izmir, with a solar farm currently under construction, u Havas, which specialises in ground handling. Special case of OpEx The OpEx taken into account in the Taxonomy correspond to the direct costs of: u research and development; u building renovation; u short-term lease agreements; u maintenance/upkeep and repairs; u other direct expenses on running maintenance of property, plant and equipment by the company or third parties commissioned with such activities, as required for continued operation. ADP SA In 2024, ADP SA's capital expenditure amounted to €776 million, of which €150.6 million was eligible for the Taxonomy, representing 13.8% of the Group's capital expenditure. Aligned capital expenditure for ADP SA amounted to €60.3 million, or 5.5% of the Group's total capital expenditure, spread over several activities: u 2.2 - Urban wastewater treatment for €25.9 million; u 6.14 - Infrastructure for rail transport for €10.5 million; u 7.4 - Installation, maintenance and repair of charging stations for electric vehicles and in buildings, for €8.3 million; u 6.17 - Low-carbon airport infrastructure for €4.7 million; u 6.13 - Infrastructure for personal mobility, cycle logistics for €3.2 million; u 7.3 - Installation, maintenance and repair of energy efficiency equipment for €2.3 million;
The scope not analysed represents €208 million of CapEx, i.e., 19% of Groupe ADP's investments in 2024. In total, Groupe ADP’s Taxonomy-eligible activities represent 11.5% of consolidated turnover, of which 0.7% is aligned and 10.8% non-aligned. In terms of capital expenditure (CapEx), eligible activities account for 16.6% of the Group's capital expenditure, of which 5.5% is aligned and 10.9% non-aligned. In addition, as part of its Human Rights policies (Groupe ADP and TAV Group), the Group undertakes to respect the minimum guarantees defined in the main international frameworks (OECD, UN, ILO, International Bill of Human Rights). For the past three years, it has been gradually developing its Human Rights approach as part of its Vigilance Plan (see section 4.3.b on the general Human Rights monitoring approach). Lastly, the performance of our actions is measured using various tools, such as the Ethics Climate Barometer, social audits, the HSW (health, safety and working conditions) report, accident monitoring and GDPR (general data protection regulation) compliance.
In 2024, the analysis based on the consolidated financial statements led to the conclusion that the "OpEx Taxonomy" represent less than 6% of the Group's operating expenses. Consequently, the "OpEx Taxonomy" are not material with regard to the Group's business model and, in accordance with the regulation, the eligible portion has not been calculated.
u 5.2 - Renewal of water collection, treatment and supply systems for €2.1 million; u 4.9 - Transmission and distribution of electricity for €1.9 million; u 4.22 - Production of heat/cold from geothermal energy for €1.1 million; u 4.24 - Production of heat/cold using bioenergy for €0.4 million. ADP SA's turnover amounted to €2,924 million in 2024, of which €710 million was Taxonomy-eligible, representing 4.3% of the Group's consolidated turnover (€6,158 million). ADP SA’s Taxonomy-aligned turnover amounted to €40.2 million, or 0.7% of Group turnover. The aligned activities concern the production of heat/cool from bioenergy, the sale of electricity, and the supply of electricity on the ground and air conditioning to stationary aircraft (400 Hz, ACU installations). The analysis is detailed below in the section "Key performance indicators for Groupe ADP".
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AÉROPORTS DE PARIS w UNIVERSAL REGISTRATION DOCUMENT 2024
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