Universal Registration Document 2024

6 FINANCIAL INFORMATION

GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2024

Lastly, in terms of capital expenditure, the Group’s ambition to decarbonise has resulted in the completion of the following projects by 2024, in line with the policy already pursued over the past few years: u modernisation and reinforcement of electrical capacities to support increased electrification of activities; u use of geothermal and biomass energy, and more generally the modernisation of heating and cooling capacities; u renewal of lighting and beaconing as part of a global transition to LED lighting and beaconing technologies; u the installation of recharging stations and other facilities for passengers and airside and landside activities, as part of the development of electric vehicles; u Groupe ADP's investment in LanzaJet, a company specialised in the production of sustainable aeronautical fuels using the alcohol-to-jet process; u the launch of work on a photovoltaic solar power plant at Amman’s Queen Alia airport. In October 2024, the greenhouse gas (GHG) emissions reduction targets of Parisian platforms of Aéroports de Paris SA – as parent company of Groupe ADP – were certified by the Science Based Targets initiative (SBTi). The ADP Group has established decarbonization targets covering both internal and external emission sources across several frameworks: u SBTi (Science Based Targets initiative) targets at the level of the group's combined Île-de-France airport platforms; u ACA (Airport Carbon Accreditation) targets set at the airport platform level (see the table of airports that have validated an ACA Net Zero target). The SBTi is a joint programme of the CDP, the United Nations Global Compact, the World Resources Institute (WRI) and the WWF. SBTi certification enables Aéroports de Paris SA to validate the alignment of its GHG emissions reduction strategy with the Paris agreements (maximum +1.5°C by 2100), by demonstrating the consistency of its quantified objectives for reducing its internal emissions (Scopes 1 & 2) and external emissions (Scope 3 relating to stakeholder emissions) with scientific recommendations, in the medium and long term. The ACA (Airport Carbon Accreditation) is a program developed by ACI (Airport Council International). It is a globally recognized carbon emissions certification program for airports. It independently assesses and acknowledges the efforts made by airports to manage and reduce their carbon emissions through 7 certification levels (from lowest to highest: 1, 2, 3, 3+, 4, 4+, 5). These levels classify and evaluate the maturity of airport platforms in terms of carbon management by assessing their transition plan and their management of greenhouse gas emissions. In 2024, 20 airports (out of 26) in the ADP Group are engaged in the ACA certification, with 5 of them at the ACA 4 or ACA 4+ level (Paris-CDG, Paris-Orly, Paris Le Bourget, Amman (AIG), and Enfidha-Hammamet (TAV)). All airports signatories of the Airport for Trust charter aim to reach at least ACA 3+ by 2030.

The commitments validated by the SBTi are set out below: u Overall commitment Aéroports de Paris SA is committed to achieving net-zero greenhouse gas emissions throughout its value chain by 2050. u Medium-term objectives u Scopes 1 & 2: Aéroports de Paris SA is committed to reducing Scopes 1 & 2 absolute greenhouse gas emissions by 68% by 2030 compared with the 2019 base year. u Scopes 1 & 2 – Energy: Aéroports de Paris SA is committed to continuing to source 100% renewable electricity annually through to 2030. u Scope 3: Aéroports de Paris SA is committed to reducing Scope 3 absolute greenhouse gas emissions by 27.5% by 2030 compared with the 2019 base year. u Long-term objectives u Scopes 1 & 2: Aéroports de Paris SA is committed to reducing Scopes 1 & 2 absolute greenhouse gas emissions by 90% by 2035 and up to 2050 compared with the 2019 base year. u Scope 3: Aéroports de Paris SA is committed to reducing Scope 3 absolute greenhouse gas emissions by 90% by 2050 compared to the 2019 base year. In its Sustainability Report, Groupe ADP conducts carbon accounting to measure progress in decarbonisation. Groupe ADP communicates widely on the drivers and actions implemented to achieve its decarbonisation objectives. Their financial impact and their effect on the achievement of decarbonisation objectives will be communicated within the framework of the 2024 Sustainability. Groupe ADP is defining and deploying a strategy for adapting to climate change. In 2022, Groupe ADP undertook an assessment of current and future climate risks for all its assets, taking into account two IPCC global warming scenarios - SSP2-4.5 (the so-called median scenario) and SSP5-8.5 (the most pessimistic scenario) for 2030 and 2050. The worst-case scenario, SPP5-8.5, was chosen for the long-term analysis in order to prepare the Group for a high- emissions climate scenario and to anticipate future regulations. As a first step, Groupe ADP conducted a gross risk analysis to identify the most critical sites and map the most impacting climatic perils (based on the European taxonomic classification of climate-related risks). The initial analysis of gross climate risks shows that flooding and heat-related risks play the main role in the Group's portfolio risk exposure.

560

AÉROPORTS DE PARIS w UNIVERSAL REGISTRATION DOCUMENT 2024

Made with FlippingBook - Online Brochure Maker