In an unstable world, environmental security is economic security. As global tensions rise and uncertainty becomes the norm, one thing is clear:
#ESG has never been more relevant.
The environmental challenges we address, water scarcity, energy independence, supply chain resilience are now at the heart of national security and economic sovereignty.
And because they are becoming critical, they drive strong performance. We are on track, and even ahead of our
#GreenUp roadmap, with a revenue of €44.4 billion and the achievement of our 9.4% ROCE target two years ahead of plan.
This is precisely because we have held steady on our environmental performance objectives.
◾We have already exceeded our fresh water savings 2027 target: 1.57 billion cubic meters, enough to supply London for one year.
◾We treated 9.2 million tons of hazardous waste, here again ahead of schedule. And we helped our clients erase almost 24% more carbon emissions than in 2023.
When we do that, we are not just hitting targets: we are securing critical supplies for cities and industries.That creates demand for our services. That's why our Booster activities’ revenue is up 8%, EBITDA up 12%.
By tackling these challenges, we get recognized as a reliable partner, with top tier ESG ratings across independent agencies such as Sustainalytics, S&P, ISS, and Ecovadis. But, most importantly, our own people recognize the value we create: Veolia employees now collectively own 9.35% of our capital. And we are aiming for 10%!
So yes, sustainability is our business model, and yes, it works. This is the virtuous circle: impact creates utility, utility creates growth, growth creates value for communities, for economies, and for our shareholders.