Climate: the time for action is now

Our challenge today is to deliver the green transition to reinvent a growth model that does not jeopardize humanity’s future.

Veolia is committed to making a contribution to combating climate change

The science is beyond dispute. If global warming is to be kept to no more than +2°C by the turn of the century, compared to the preindustrial era, then global greenhouse gas emissions must fall 61% by 2050, compared to current trends. In 2017, Veolia generated close to 33.8 million metric tons of CO2 equivalent,* the same amount as produced by almost 5 million EU citizens. We constantly innovate and strive to reduce or even eliminate atmospheric emissions of greenhouse gases by our activities.

Veolia helps to mitigate the climate emergency through, for example, the production of renewable energy, capturing and converting biogas, recycling and, in a wider sense, via solutions that leverage the circular economy. Veolia also fosters adaptations to the climate emergency and its consequences by towns, cities and industries, deploying solutions such as identification of water stress risks, water recycling to limit pressure on resources, managing wastewater systems during periods of heavy rainfall to prevent flooding, and crisis management and continuity planning to ensure that essential services are supplied when extreme events occur.
as part of its operational activities, assuming methane has a Global Warming Potential of 28


Climate: what are our responsibilities?


Climate: our aims, our answers

Laurence
Tubiana

Director, European Climate Foundation (ECF), Ambassador to the COP21 negotiations

"How will Veolia adapt to climate change?"

"Driving down CO2 emissions is one of Veolia’s key commitments, which is why, in particular, we offer mitigation solutions."

Patrick
Labat

Senior Executive Vice-President, Northern Europe, and Climate sponsor on Veolia’s Executive Committee

 

MY 2020 TARGETS

Capture more than 60% of methane from landfills we operate
Over the 2015-2020 period, achieve emission reductions of 100 million metric tons of CO2 equivalent, and avoid a further 50 million metric tons of CO2 equivalent emission

Action plans

DEVELOP
biogas capture from waste and convert it

MAXIMIZE
energy efficiency at our installations

INCREASE
the production and use of renewable and alternative energy sources

INCREASE
materials recycling

DEPLOY
adaptation solutions


Frameworks and tools
 

Veolia develops a range of tools to help it deliver on its commitments to fight the climate emergency:

  • Environmental Objectives Plan 2016-2019
  • Innovations in biomass, solid fuel substitutes, plastics recycling and so on
  • Measuring the environmental footprint of contracts and projects (Greenpath) 
  • Price scenario assumes €30 per metric ton of CO2 eq. in 2030.

2018 climate performance: where are we now? 

million metric tons CO2 eq. reduced since 2015

million metric tons CO2 eq. avoided
since 2015

of methane at landfill sites
captured in 2018


Veolia supports the conclusions of the Task Force on Climate-related Financial Disclosures (TCFD).  In 2017 this task force, set up by the G20’s Financial Stability Board, issued its climate transparency recommendations to business, the aim being to make it easier for investors to back adaptation actions and efforts to reduce greenhouse gas emissions.

Veolia is:

In its role as a supplier, Veolia was awarded Gold status as one of the top 5% companies appraised by EcoVadis, an agency providing supply chain CSR assessments. See: Extra Financial rating
 


Delivering on our commitment to stakeholders


Concrete actions for responsible behavior