Veolia launches its 2024 - 2027 Strategic Program

GreenUp

Veolia's new strategic program to accelerate the deployment of affordable, replicable solutions that depollute, decarbonize and regenerate our resources.

 

Called "GreenUp", the new 24-27 strategic program aims to make Veolia the missing link in ecological transformation. Veolia is paving the way for a more sustainable and desirable future by accelerating the deployment of solutions that already exist and innovating to create those of tomorrow. 

Drawing on its expertise in water, energy and waste, Veolia intends to decarbonize, depollute and regenerate resources through three growth boosters, supported by investments of 2 billion euros.

The ecological awareness must now be channelled towards effective action, which protects rather than punishes, which reconciles the economy with ecology, and human health with the environment. This is the meaning of our new strategic programme: GreenUp!
Estelle Brachlianoff
CEO of Veolia

 

Veolia's three growth boosters

Bioenergy, Flexibility and Energy Efficiency

Producing local, low-carbon energy for all its municipal and industrial customers worldwide. This is Veolia's commitment. 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 the production of bioenergy from non-recyclable waste to energy efficiency solutions, heat and cold recovery and CO2 capture, the Group produces local, affordable, low-carbon energy.

Objective
With sales of €12 billion in this sector by 2023, Veolia is accelerating the development of these innovative solutions to enable Veolia's customers to optimize and balance their energy mix, while accelerating the production and consumption of renewable energies. 

Water Technologies & New Solutions 

A central pillar of Veolia's activities, the water business has guided the Group for 170 years, positioning Veolia as a leader in this sector. The Group intends to maintain its operational excellence while offering technological innovations to its customers, moving from water distribution to water science.

Veolia's solutions
Veolia aims to become the water services provider of the future by focusing on the efficiency of its solutions, and using cutting-edge technologies that include the reuse of treated wastewater, the treatment of water and pollutants, such as PFAS or micro plastics, and the production of drinking water.

Objective
With a unique portfolio of clean solutions and technologies, and 18 billion euros in sales in this sector, Veolia is aiming for +50% growth in sales linked to these new solutions and technologies by 2030, for both industry and cities.

Hazardous Waste Treatment 

As the world leader in hazardous waste treatment and present on every continent, Veolia is accelerating its activities with its customers with the deployment of unique offers.

Veolia’s solutions
The Group intends to accelerate circular economy solutions and innovation in lithium battery recycling, and deploy large-scale plastics recycling, in which Veolia is currently the leader with over 30 plants worldwide.

Objective
With sales of over €14 billion in 2023, Veolia will continue to develop its activities and put all its expertise in hazardous waste treatment to work for its customers.

€4 bnof growth investments, of which €2 bn are prioritized on 3 growth boosters.

x2with an additional €200 million invested in industrial pilots or in the acquisition of new technologies to add to our almost 5,000 patents.

70%of sales to be generated by growth boosters vs. 30% today.

Decarbonization18m tonsof CO2 erased in 2027 (scope 4) & emission reduction trajectory compatible with 1.5°C warming (scope 1&2).

Regeneration1.5 bn m3of fresh water saved in 2027.

Depollution10m tonsof hazardous waste and pollutants treated in 2027.

 

Technological and social innovation

The Group is also positioning itself as a gas pedal of technological and social innovation. From the use of generative artificial intelligence to carbon capture technologies, the Group is investing heavily in innovation to develop the solutions of tomorrow. Social innovation too, with Veolia Cares, a common base of social protection launched by Veolia in 2023, and aimed at establishing 5 common pillars for its 213,000 employees worldwide.
 

2023 annual results

> See the 2023 annual results