Building on its expertise in water, energy and waste, Veolia intends to decarbonize, purify and regenerate resources through three growth accelerators, supported by investments of 2 billion euros.
Veolia's three growth accelerators:
1) Bioenergy, flexibility and energy efficiency
Production of local low-carbon energy for all its municipal and industrial consumers worldwide. Veolia is committed to this. Veolia's ambition is to produce 8 GW of bioenergy and have a flexible installed capacity of 3 GW by 2030.
- Veolia's solutions
From bioenergy production from non-recyclable waste to energy efficiency solutions, proper heating and cooling, and CO2 removal, the Group produces local, affordable low-carbon energy.
- Objective
With sales of 12 billion euros in this sector by 2023, Veolia is accelerating the development of these innovative solutions to enable customers to optimize and balance their energy mix, while accelerating the production and consumption of renewable energy sources.
2) Water technologies and new solutions
A central pillar of Veolia's activities, water-related activities have been at the core of the Group for 170 years, positioning Veolia as a leader in this sector. The Group intends to maintain its operational excellence while offering its customers technological innovations, ranging from water distribution to water science.
Veolia's solutions
Veolia aims to become a provider of all water-related services in the future, focusing on the efficiency of its solutions and using state-of-the-art technologies including reuse of treated wastewater, treatment of water and pollutants such as PFAS or microplastics, and drinking water production.
Objective
With a unique portfolio of clean solutions and technologies, and revenues of 18 billion euros in this sector, Veolia aims for a +50% revenue increase related to these new solutions and technologies by 2030, for both industry and cities.
3) Waste treatment
As a global leader in hazardous waste treatment and present on all continents, Veolia is accelerating its activities with its clients by implementing unique offerings.
- Veolia's solutions
The Group intends to accelerate circular economy solutions and innovations in lithium battery recycling, as well as implement mass plastic recycling, in which Veolia is currently a leader with over 30 plants worldwide.
- Objective
With revenues of over 14 billion euros in 2023, Veolia will continue to develop its activities and use all its expertise in hazardous waste treatment for its clients.
Investment in growth, of which 2 billion euros is prioritized for the 3 growth accelerators.
with an additional 200 million euros to be invested in industrial pilot projects or acquisition of new technologies to complement nearly 5,000 existing patents.
of revenues will be generated with the help of growth accelerators compared to 30% today.
CO2 emission reduction
less CO2 by 2027 (scope 4) and maintaining the emission reduction trajectory in line with 1.5°C warming (scopes 1 and 2).
Pollution reduction
of hazardous waste and polluted materials treated by 2027.
Water treatment
of clean water saved by 2027.