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Veolia Environnement

Veolia Environnement, founded in 1853 and headquartered in Aubervilliers, France, is an international company with activities in water management, waste management and energy services. Veolia serves 113 million people with drinking water and 103 million people with wastewater services, and recovers 63 million metric tons of waste annually. In 2023, Veolia employed 218,000 people in 58 countries, making it one of the largest employers in the world..

Summary

Veolia Environnement demonstrates clear progress on sustainability but has opportunities to improve its performance to become an industry leader. The company has made sustainability consequential by linking executive variable pay to KPIs on ethics and compliance, climate and worker health and safety. However, Veolia should update its materiality assessment and publish a sustainability strategy with targets covering its most material topics.

Veolia showcases some leading social initiatives, such as reporting the number of customers receiving social tariffs or vouchers to improve water access and setting targets to increase beneficiaries. It has also identified business lines impacted by automation and artificial intelligence and developed a strategic programme to build the necessary skills to address employment challenges.

Veolia is one of few companies to disclose the number of both biodiversity protected areas and cultural heritage areas. However, while the company sets long-term targets for air pollution, greenhouse gas emissions and water pollution, it is yet to demonstrate quantitative reductions in these areas and should disclose interim targets to help track progress. It should further formalise its policy commitments to respect fundamental human and labour rights across its operations.

Ranking position: #6 /300
Total score: 35.7 /100

Measurement area	Score	Rank (0-300)
Governance & Strategy	#1 16.7 /100	#55
Inclusive Cities	#1 55.0 /100	#7
Healthy Cities	#1 21.4 /100	#19
Climate Proof & Resilient Cities	#1 21.7 /100	#42
Core Social Indicators	#1 63.9 /100	#3

Industries
Waste management	#1

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More about the company

Headquarters: France
Ownership structure: Public
Revenue: USD 45,142 billion (2022)
Number of employees: 202210 (2022)
Website: https://www.veolia.com

This company is part of the SDG2000, the 2000 most influential companies

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