Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable Development
• Climate Change
• Biodiversity
• Resource Conservation
• Human Resources
• Responsible Purchasing
• Governance

Environmental Achievements

• Reduced direct GHG emissions by 8%
• Improved overall GHG emission reduction by 3.7% to 26.5 million metric tons CO2 eq.
• Improved methane capture rate at Veolia Environmental Services sites to 56%
• Improved BOD5 wastewater treatment efficiency by 0.7 percentage points to 93.5%
• Improved overall wastewater treatment efficiency to 83.4%
• Reduced water extractions by 18% in Tetouan, Morocco while delivering 18% more water
• Reduced water extractions by more than 16% in Karnataka, India while doubling the number of people connected to water services in four years.
• Materials recovery increased by 2.4 points at a constant scope.

Social Achievements

• Launched "Water Solidarity" program in France, assisting households with water bill difficulties
• Implemented social pricing program in Ecuador, providing subsidized water to low-income households
• Introduced prepayment for electricity in Gabon, improving affordability and access
• Developed ACCES methodology to improve access to water and sanitation services for 4 million people
• Implemented "Mobilising Employeeship" program in Poland to improve employee culture and sustainable behavior
• Launched Career Path courses in France and China for new hires
• Improved employment rate of older workers (aged 50 and over) to 30.8% in 2011

Governance Achievements

• Established an Ethics Committee with independent members
• Implemented a fraud reporting system
• Rolled out training programs on competition law compliance, preventing criminal risk exposure, and raising awareness of corruption risks
• Revised the agreement to set up a European Works Committee
• Signed a collective agreement on Human Resources and Skills Planning (GPEC)

Climate Goals & Targets

Environmental Challenges

• Economic crisis and need to restructure business
• Divestments impacting workforce
• Managing risks associated with providing essential services
• Reducing fugitive methane emissions
• Improving water distribution network efficiency
• Reducing the pay gap between men and women

Mitigation Strategies

• Restructuring business focusing on growth markets and high-value-added services
• Implementing formal labor protection components during divestments
• Developing a risk management organization for the company and each division
• Improving methane calculation methodologies and installing innovative biogas collection systems
• Implementing leak detection and repair programs and loss reduction programs
• Addressing pay gap through various initiatives and transparency

Supply Chain Management

Supplier Audits: Close to 300 suppliers evaluated on CSR performance; 6% of strategic cross-division suppliers audited

Responsible Procurement

• Suppliers Charter
• Sustainable development questionnaire
• Sustainable development clause in contracts
• Supplier evaluation and audit procedures

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Global Compact, AFEP-MEDEF corporate governance code

Certifications: ISO 14001

Third-party Assurance: KPMG and Ernst & Young

Sustainable Products & Innovation

• Methacontrol™ technology for biogas management
• Amonit® process for wastewater treatment
• Athos™ mineralization process for wastewater sludge
• Biofuels production

Environmental Metrics

ESG Focus Areas

• Water
• Waste
• Energy
• Climate Change
• Resource Conservation
• Biodiversity
• Human Rights
• Employee Well-being
• Community Engagement
• Governance

Environmental Achievements

• Reduced GHG emissions by 21.5 million metric tons through energy recovery, materials recovery, and emission avoidance.
• Increased the share of renewable energy in company consumption to 20.5%.
• Reduced water loss from leaks in municipal networks by over 2.9%.
• Recovered 25.7 million metric tons of waste as materials and energy.
• Sold 6.8 million MWh of electrical and thermal energy.
• Produced 9.2 million MWh of electrical and thermal energy through wastewater treatment and sludge recovery.
• Opened Osilub plant in Le Havre, France, with 75% regeneration performance for used motor oil.
• Implemented biogas solution at Bonduelle’s Nagykorös site in Hungary, saving 600 metric tons of CO2 annually and reducing energy consumption by 17%.

Social Achievements

• Created 445 jobs in Rialto, California through a water and sanitation project.
• Provided continuous drinking water supply to 1 million people in New Delhi, India.
• Renewed trust for management of one of Japan’s largest wastewater treatment plants in Hiroshima.
• Implemented a social inclusion program for rag-collectors in Colombia, creating two recycling cooperatives.
• Trained 157,776 employees (72%).
• Took on 3,848 interns and 4,314 work-study contracts.
• Launched Evoila, an internal network promoting gender equality.
• Implemented a “Women’s leadership” training course.

Governance Achievements

• Implemented a transformation plan to improve efficiency and competitiveness.
• Reduced net debt by €3.4 billion to €11.3 billion.
• Reduced the number of countries where Veolia operates to 48.
• Cut overhead and administrative expenses.
• Modified the composition of its Accounts and Audit Committee and its Research, Innovation and Sustainable Development Committee.

Climate Goals & Targets

Environmental Challenges

• Chronic under-funding of municipalities in the US.
• Aging infrastructure in Japan requiring new funding.
• Need to reduce debt and improve financial flexibility.
• Need to improve organizational efficiency.

Mitigation Strategies

• Implemented a transformation plan with four main objectives: focus on dynamic sectors and regions, maximize productivity opportunities, reduce debt, and develop new business models.
• Developed innovative concession models for water and sanitation services (e.g., Rialto, California).
• Developed public-private partnerships for wastewater management (e.g., Hiroshima, Japan).
• Implemented cost-cutting measures and exceeded targets ahead of schedule.

Supply Chain Management

Responsible Procurement

• CSR issues included in Veolia Environnement’s purchasing guidelines
• Implementation of responsible purchasing practices (certification, promoting responsible practices in contract users, conducting total cost of ownership studies for some products, etc.)

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• Goal 6 (Clean Water and Sanitation)
• Goal 7 (Affordable and Clean Energy)
• Goal 11 (Sustainable Cities and Communities)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

Veolia's activities contribute to these goals through water and wastewater management, energy efficiency improvements, waste management solutions, and climate change mitigation initiatives.

Sustainable Products & Innovation

• HPD® Evaporation-Crystallization processes for potash production
• Anaerobic digestion plant for producing electricity and compost from organic waste

Awards & Recognition

• Afnor label in France
• Investor in People in the Czech Republic

Environmental Metrics

ESG Focus Areas

• Natural resource management
• Climate change
• Biodiversity
• Stakeholder relations
• Local development
• Human health and development
• Workplace safety and health
• Employee development
• Human rights and diversity

Environmental Achievements

• Reduced water losses in distribution networks by 8.6% (2011-2014)
• Increased water reuse by 49% (2011-2014)
• Increased percentage of renewable energy in the energy mix (EU) to 14% in 2014
• Achieved a methane capture rate of 67% in landfills (excluding Latin America)
• Materials recovery rate of 20% from treated waste
• Energy recovery rate of 48% from treated waste

Social Achievements

• Launched GrowingBlue.com to raise consumer awareness of water issues
• Implemented incentivized pricing for waste collection in France and Germany
• Connected 5 million people to drinking water networks and 2.5 million to wastewater services in developing countries
• Implemented social pricing and subsidized connection programs in several countries
• Created more than 1,500 jobs globally in the biomass segment
• 80% of employees received at least one training course

Governance Achievements

• Established a Critical Friends committee for independent stakeholder advice
• Implemented a comprehensive risk management policy
• Updated the Ethics Guide and rolled out compliance training programs
• Achieved “Advanced” status in the UN Global Compact Communication on Progress

Climate Goals & Targets

Environmental Challenges

• Increasingly complex pollution and soaring urbanization
• Economic downturn and stringent regulations in mature regions
• Strong worldwide competition and restrictive environmental standards
• Need to reduce debt and structural costs
• Maintaining high levels of methane capture in landfills
• Meeting targets for materials and energy recovery from waste

Mitigation Strategies

• Implemented a transformation plan to refocus on profitable activities and integrate operations by country
• Adopted a single brand and tagline: “resourcing the world”
• Implemented leak reduction programs and improved network efficiency
• Developed and implemented the Water Impact Index (WIIX)
• Improved methane capture technologies and methodologies
• Developed innovative waste sorting and recycling technologies
• Developed subsidized connection programs and social pricing policies

Supply Chain Management

Supplier Audits: CSR evaluations of nearly 450 suppliers in 2014

Responsible Procurement

• Veolia Suppliers Charter
• Sustainable development clause in contracts
• Total cost of ownership approach

Climate-Related Risks & Opportunities

Physical Risks

• Water scarcity
• Extreme weather events

Transition Risks

• Regulatory changes
• Market shifts towards renewable energy

Opportunities

• Development of energy-efficient products and services
• Growth in renewable energy markets

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: ISO 9001, ISO 14001, ISO 50001

Third-party Assurance: KPMG

UN Sustainable Development Goals

• Goal 6 (Clean Water and Sanitation)
• Goal 7 (Affordable and Clean Energy)
• Goal 11 (Sustainable Cities and Communities)
• Goal 13 (Climate Action)

Veolia's initiatives contribute to these goals through improved access to water and sanitation, renewable energy development, sustainable urban planning, and climate change mitigation

Sustainable Products & Innovation

• WIIX Tool
• KAPTA sensors
• AEROcontrol™ composting system
• Methacontrol™ biogas management technology

Awards & Recognition

• Bronze Class Sustainability Award 2014 from RobecoSAM
• Listed on FTSE4Good, Euronext VIGEO Europe 120, Ethibel Sustainability Indices (ESI), STOXX Global ESG Leaders

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Biodiversity
• Water Management
• Waste Management
• Social Responsibility
• Employee Well-being
• Governance
• Ethics and Compliance

Environmental Achievements

• 8.1% progress with the investment plan to eliminate coal in Europe by 2030
• 12.8 Mt CO2 eq.: annual contribution to avoided GHG emissions
• 391 kt of plastic recycled in Veolia transformation plants
• 1.6% progress with action plans aimed at improving the impact on the natural environment and biodiversity at sensitive sites
• 73.4% drinking water network efficiency
• 56% methane capture rate
• Construction of a WAGABOX® at the Claye-Souilly landfill, producing 120 GWh of green gas annually and avoiding 25,000 metric tons of CO2 each year.

Social Achievements

• 87% employee commitment rate
• 6.1 million people benefiting from inclusive solutions to access water or sanitation services under Veolia contracts
• 1,105,388 jobs supported and €51 billion of wealth created worldwide
• 95% of positive answers to the commitment survey question: “Are Veolia’s values and ethics applied in my entity”
• Increased work-study student intake, focusing on vulnerable students.
• Launched a worldwide ethics and compliance campaign: “Ethics and Compliance: No Trust, No Performance”

Governance Achievements

• Multi-criteria compensation system (including CSR criteria) for the Executive Committee
• Established a special governance framework to ensure all business units embrace the multifaceted performance strategy.
• Created an Innovation Committee chaired by Antoine Frérot to examine innovation projects.

Climate Goals & Targets

Environmental Challenges

• Covid-19 pandemic and its economic consequences
• Meeting the ambitious targets set for multifaceted performance.
• Addressing risks associated with rapid growth in hazardous waste business.
• Ensuring the success of the merger with Suez.

Mitigation Strategies

• Implemented a Recover & Adapt savings plan, saving €550 million in costs.
• Focused on key assets to ensure coordinated progress and maximize impact.
• Strengthened industrial risk management policy for hazardous waste business.
• Developed a specific unit to predict medium- and long-term measures in response to the pandemic.
• Implemented Hydrex® Chemical Solutions to ensure safe and rapid restart of critical equipment for industrial and municipal customers.

Supply Chain Management

Supplier Audits: 70% of strategic suppliers evaluated in the past three years

Responsible Procurement

• Group CSR clause included in 76% of active supplier contracts

Climate-Related Risks & Opportunities

Physical Risks

• Increasing water scarcity
• Floods
• Droughts
• Heat waves

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products and services
• Growth in renewable energy and circular economy sectors

Reporting Standards

Frameworks Used: GRI, CDP, TCFD, UN SDGs

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 6 (Clean Water and Sanitation)
• Goal 7 (Affordable and Clean Energy)
• Goal 9 (Industry, Innovation, and Infrastructure)
• Goal 11 (Sustainable Cities and Communities)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

Veolia's activities contribute to these goals through its water, waste, and energy management services.

Sustainable Products & Innovation

• WAGABOX® for green gas production
• Hydrometallurgical process for battery recycling

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate change
• Circular economy
• Water resource management
• Depollution
• Local development
• Access to essential services
• Employee engagement
• Diversity & Inclusion
• Governance
• Human Rights

Environmental Achievements

• 14 million metric tons of CO2eq avoided in 2022
• 320 million m3 of water saved in 2022 compared to 2019
• 490,000 tons of plastic recycled in 2022
• 66% progress rate of action plans aimed at improving the environment and biodiversity footprint in sensitive sites in 2022
• 76.3% drinking water network efficiency in 2022

Social Achievements

• Launched a global social benefits program (Veolia Cares)
• 89% employee engagement rate in 2022
• 91% of expenditure reinvested locally in 2022
• 1,147,238 jobs supported in 2022
• 6.92 million people benefited from inclusive measures for access to water and sanitation in 2022

Governance Achievements

• 50% of CEO's variable compensation linked to non-financial criteria
• 85% of employees covered by a social dialogue scheme in 2022
• 93% of supplier contracts included sustainable development clauses in 2022
• 29,700 managers took mandatory online training on anti-corruption in 2022
• 60% female representation on Veolia Environnement’s Board of Directors in 2022

Climate Goals & Targets

Environmental Challenges

• Climate change impacts (water stress, flooding)
• Depletion of natural resources
• Excessive water use
• Harm to biodiversity
• Greenhouse gas emissions
• Lack of reliable sanitation services globally

Mitigation Strategies

• Investment in phasing out coal by 2030 (€1.5 billion)
• Investment in methane capture
• ReSource plan to reduce energy consumption and increase production
• Development of circular economy solutions
• Sustainable water resource management solutions
• Adaptation solutions to protect water resources
• Biodiversity action plans
• Ecological management on sites

Supply Chain Management

Supplier Audits: 81% of strategic suppliers assessed in 2022

Responsible Procurement

• Sustainable development clauses in 93% of supplier contracts in 2022

Climate-Related Risks & Opportunities

Physical Risks

• Water stress
• Flooding

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products and services
• Growth in circular economy solutions

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC

Certifications: ISO 14001, ISO 50001, ISO 27001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• PlastiLoop (plastics recycling solution)
• Biogas production from waste and wastewater
• Micropollutants removal in drinking water
• Wastewater reuse technologies
• Zero liquid discharge solutions

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Decarbonization
• Depollution
• Resource Regeneration
• Employee Well-being
• Stakeholder Engagement
• Governance

Environmental Achievements

• 13.8 million metric tons CO2 eq. eliminated (applying the new methodology adopted by the Group from 2024 onward)
• 465,000 metric tons of plastics recycled in Veolia’s transformation plants
• 76.4% efficiency rate in drinking water networks
• 85% progress on action plans aimed at improving the impact on environments and biodiversity at sensitive sites
• 99% of drinking water contracts compliant with new PFAS standards in France

Social Achievements

• Launched Veolia Cares, a social benefits program for all employees
• Sequoia 2023 employee share ownership plan success, with employees holding 7.5% of the capital
• 89% employee commitment rate
• 4.95 lost time injury frequency rate
• 29 hours of training per employee on average per year
• 7.27 million people benefited from inclusive solutions to access water or sanitation services under Veolia contracts

Governance Achievements

• Established an ESG Committee in 2023
• Variable compensation of the Chief Executive Officer taking multifaceted performance into account
• Employee share ownership reaching 7.5% of the capital

Climate Goals & Targets

Environmental Challenges

• Climate change impacts (physical and transition risks)
• Resource scarcity (water stress)
• Pollution (emerging pollutants, hazardous waste)
• Maintaining employee well-being and safety
• Stakeholder expectations and engagement
• Compliance and ethical conduct

Mitigation Strategies

• Net Zero 2050 strategy (validated by SBTi)
• GreenUp strategic program (2024-2027)
• Investments in decarbonization (€600 million)
• Development and deployment of innovative depollution and resource regeneration technologies
• Veolia Cares employee benefits program
• Enhanced stakeholder engagement through various methods
• Robust compliance and ethics program

Supply Chain Management

Supplier Audits: 77% of strategic suppliers assessed over the past five years; CSR performance of suppliers taken into account in bid assessment (5-20% weighting)

Responsible Procurement

• Decarbonizing the supply chain
• Promoting the circular economy
• Deploying the compliance program and protecting human rights
• Creating value in territories and encouraging inclusive sourcing
• Supporting and working with suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Climate disruption impacting operations and essential services

Transition Risks

• Regulatory changes on GHG emissions
• Financial exclusion for not phasing out coal

Opportunities

• Decarbonization solutions for customers
• Development of energy-efficient products

Reporting Standards

Frameworks Used: TCFD, TNFD, CSRD

Certifications: ISO 14001, ISO 45001, ISO 27001, ISO 50001, WAC

UN Sustainable Development Goals

• SDG 6 (Clean Water and Sanitation)
• SDG 7 (Affordable and Clean Energy)
• SDG 8 (Decent Work and Economic Growth)
• SDG 11 (Sustainable Cities and Communities)
• SDG 13 (Climate Action)
• SDG 17 (Partnerships for the Goals)

Veolia's activities contribute to these SDGs through provision of essential services, decarbonization efforts, resource regeneration, and stakeholder engagement.

Sustainable Products & Innovation

• GreenPath Zero Carbon solution
• PlastiLoop
• Solutions for treating emerging pollutants
• Battery recycling solutions

Awards & Recognition

• 2023 Sustainable Governance Award