Universal Registration Document 2024
4 SUSTAINABILITY REPORT
SOCIAL AND SOCIETAL MATTERS
Policy of regional dialogue: Groupe ADP pursues a policy of economic and social cooperation in its host countries. Airport hubs play a major role in development and the quality of life, so they must maintain dialogue and engage with the affected communities to ensure that development is acceptable for all. Interactions with affected communities are described in the section entitled "Quality of dialogue with local stakeholders". [S3-ESRS 2 SBM-3-9-(d)] → Description of material risks and opportunities arising from impacts and dependencies on affected communities The material risks arising from the impact of noise matters on the affected communities include the operational risks of limiting airport activity. As part of the EIAE exercises, conducted by the relevant prefects (Val-de-Marne for Paris-Orly, Val-d'Oise for Paris Charles de Gaulle), several scenarios are envisaged to achieve a set noise target. At Paris-Orly, one of the scenarios, at the cost of a major economic impact for airlines and hubs, is considering the option of extending the existing curfew, which would lead to a reduction in the number of flights possible at the airport. At the time of writing this Sustainability Report, it should nevertheless be noted that it is a less restrictive scenario, and one that is more balanced in terms of the environmental impact – economic impact of the measure, that has been proposed by successive transport ministers in 2024. This reduction in air traffic could disrupt the airport's development plans, jeopardising planned investments and the ability to meet the needs of airlines. In addition, the reorganisation of the entire activity has a proven financial cost for the airport, and significant expenditure may be incurred on noise reduction programmes. The risks associated with noise matters are therefore not limited to operational risks, and can have a material financial impact. The risks caused by our policies of dialogue with our communities include partial or total disruption of activity or project abandonment in the event of strong opposition from local populations being perceived through the channels of exchange made available to them. Opportunities related to this issue include fleet renewal for quieter aircraft. Investment by airlines in more modern and quieter technologies is a significant opportunity to reinforce Groupe ADP's brand image as a responsible and environmentally conscious operator. The airport has the opportunity to become a key player in local economic development, by investing in initiatives that promote inclusion and establishing beneficial partnerships with surrounding businesses.
In addition, investment in initiatives to support local employment and provide training in aviation-related professions helps to combat recruitment difficulties in the sector and ensure sound management of the business. Opportunities linked to the quality of dialogue with stakeholders include the possibility of improving certain projects or ensuring their legal legitimacy by organising public consultations. By publicising our activities and freely receiving complaints and comments from communities, we can build a relationship of trust with local stakeholders that is beneficial to the development of our activities and economic flexibility. The duty of vigilance risk maps (risks of negative impact on the Group's ecosystem (environment and Human Rights) have identified the following risks: u the risk of noise pollution for local residents living near our airport facilities, which is dealt with in the chapter on “Reducing noise pollution”; u the risk of insufficient redistribution of the value created in the Group's operating regions (see section 4.3.3.2. Local economic development, employment and integration" material matter); u the risk of violating the property rights of affected communities in the context of an expansion or development project/acquisition of a stake, partly dealt with in the "Quality of dialogue with local stakeholders" issue and in the general approach to Human Rights duty of vigilance (see section 4.3.b of this report). [S3-ESRS 2 SBM-3-10] → Description of whether and how the company understands that certain communities, because of their particular characteristics, contexts or activities, may be exposed to a greater risk of harm Thanks to the noise reduction plan, ADP SA takes into account the fact that some communities living near its airports are more exposed to noise pollution than others, depending on where they live. The socio-economic study to be carried out in 2023 on the Paris region and the partnerships forged with regional authorities and local players involved in integration and training will provide a better insight into the various communities affected and the risks or specific needs that some of them may have. [S3-ESRS 2 SBM-3-11] → Indicate which of its material risks and opportunities arising from impacts and dependencies on affected communities relate to specific groups No specific groups have been identified.
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AÉROPORTS DE PARIS w UNIVERSAL REGISTRATION DOCUMENT 2024
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