Universal Registration Document 2024
FINANCIAL INFORMATION 6
GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2024
1.2 Environmental policy The Group deploys an environmental policy whose hallmarks are ambition beyond the scope of direct responsibility, an extension beyond the impact of operations (life cycle), and an inclusive approach with local communities. This environmental policy covers 23 Groupe ADP airports worldwide. The four strategic axes of this policy are as follows: u move towards zero environmental impact operations, for example by aiming for carbon neutrality with offsetting by 2030 for all signatory airports, or by reducing the biodiversity footprint of our value chain; u actively participate in the environmental transition in the aviation sector, and propose airside solutions in particular. For example, Paris airports are already aware of the arrival of sustainable alternative fuels on their territory. Groupe ADP is working to ensure their wider deployment, and is committed to the development of hydrogen-powered aircraft to enable the advent of low- carbon aviation by the middle of the century; u promote the integration of each airport into a system of local resources: by favoring short circuits, encouraging the circular economy and developing the production of resources on site (geothermal heat network, solar panels, recycling of building materials, etc.); u reducing the environmental footprint of airport development projects (low-carbon design, construction and renovation of infrastructure and buildings). The Group is already taking these environmental objectives into account when defining future investments, as well as when establishing the significant estimates and judgement presented above in the preparation of the financial statements. Groupe ADP's teams are fully mobilised to implement 2025 Pioneers, the 2022-2025 strategic roadmap for building a sustainable airport model. In this context, the Group's ambition is to build the foundations of a new airport model oriented towards sustainability and performance, in line with societal and environmental expectations. The financial and extra-financial trajectory and targets set for 2025 reflect the Group's focus on creating value for all stakeholders. Guided by a sense of responsibility, the ADP Group recognizes that it operates facilities that could harm air and water quality both in France and abroad if their operation and emissions are not properly managed. To address this, the group adheres to regulatory requirements and continuously modernizes its industrial facilities, such as energy production plants, distribution and collection networks, and water treatment centers before discharging water into the natural environment. The ADP Group thus ensures the operation, modernization, and development of its facilities in compliance with regulations and local communities, with a focus on human health, minimizing environmental impacts, maintaining high operational quality, and the economic performance of the company.
The group’s environmental responsibility and challenges extend beyond water and air emissions. ADP Group also bears responsibility for its role in biodiversity decline, which causes tensions in the group’s supply chains (increased raw material costs), the emergence of zoonoses (including the trafficking of protected species), and difficulties in developing airport platforms due to land development. In 2023, the ADP Group studied both internal and external risk factors related to its impacts on biodiversity (the five pressure factors of the IPBES) and its exposure to its dependencies on biodiversity (ecosystem services). These studies led to an initial relative risk assessment, positioning airport infrastructure development and maintenance as the primary source of impact linked to the group’s own activities. Within its value chain, aircraft turnarounds and retail sales in terminals (upstream, during the production and supply of goods and services) were identified as the two most impactful activities on biodiversity. To address these risks, the ADP Group committed in 2024 to renewing its engagement in the Act For Nature program (of which it has been a member since 2018), but for the first time, including its entire value chain and various material activities. This framework will allow the group, starting in 2025, to set biodiversity-related objectives aligned with major international commitments and their local applications (such as the SNB: French National Biodiversity Strategy). The specific issue of wildlife trafficking and bushmeat within the biodiversity topic is a notable indicator of risks related to nature in global airports. Wildlife trafficking is one of the world’s four most profitable criminal activities, a major threat to biodiversity, and a significant public health risk (zoonoses such as COVID-19). At Paris-CDG, one of the busiest airports in the world, with the highest number of point-to-point connections and a world-class hub, Aéroports de Paris has been raising awareness for many years and provides law enforcement, justice, and associations with means of action (facilities, equipment, signage, etc.). As a co-leader of a working group involving all relevant stakeholders (NGOs, public authorities, airlines, cargo operators, etc.), the ADP Group is committed to continuing and strengthening the fight against wildlife trafficking alongside its partners in the coming years. The group's activities also contribute to greenhouse gas emissions. In 2024, Groupe ADP’s ambition to decarbonise its operations took the form of: u consultation with potential partners to develop and exploit the solar photovoltaic potential of Paris airports and airfields; u the continuation of a joint study by GRTgaz, France's leading gas transmission operator and key player in the energy transition, and Groupe ADP, aimed at defining the conditions for piping hydrogen to the Paris-Charles de Gaulle and Paris-Orly airports.
559
UNIVERSAL REGISTRATION DOCUMENT 2024 w AÉROPORTS DE PARIS
Made with FlippingBook - Online Brochure Maker