## Sustainable finance, serving ecological transition Veolia accelerates the ecological transformation with the implementation of a new green financing framework. [Veolia's purpose](/en/our-purpose "Our purpose") embodies our Group's ambition: to be useful to society by taking actions to conciliate human progress and environmental protection. Included in our articles of association, it translates in financial goals to act on every level for ecological transformation. Discover our actions! --- ## Multifaceted performance To implement its purpose, Veolia adopted in 2020 a tool for in-depth transformation: [multifaceted performance](/en/veolia-group/csr-multifaceted-performance "CSR & multifaceted performance"). This is a tool that guides the management of the Group's activities in a search for balance between 5 performance dimensions: economic and financial, commercial, human resources, social and environmental. The Group is committed to multifaceted performance organized, in its GreenUp strategic program for 2027, around 15 progress objectives. ![Our multifaceted performance](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/multifaceted%20perf.png.webp?itok=90P5niOO) ### 2025 multifaceted performance results: 2 out of 3 of our GreenUp Objectives already achieved ![Picto vert plante](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/picto%20environnemental%20vert.png.webp?itok=8Yx9t73m) **1.57 bn m3** fresh water saved ![Picto vert plante](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/picto%20environnemental%20vert.png.webp?itok=8Yx9t73m) **18.6%** Scopes 1 & 2 GHG emissions reduction (vs 2021) ![Picto vert plante](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/picto%20environnemental%20vert.png.webp?itok=8Yx9t73m) **€141M** decarbonization capex (1) ![Picto vert plante](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/picto%20environnemental%20vert.png.webp?itok=8Yx9t73m) **80%** deployment of biodiversity action plans on sensitive sites ![Picto relation sociale](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/picto%20social.png.webp?itok=fzrLdUmF) **88%** engagement rates ![Picto relation sociale](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/picto%20social.png.webp?itok=fzrLdUmF) **37.1%** of Group Management Committee made up of women ![Picto relation sociale](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/picto%20social.png.webp?itok=fzrLdUmF) **4.11%** Lost Time Injury Frequency rate (17% improvement vs 2023) ![Picto commercial représentant un graphique](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/picto%20commercial.png.webp?itok=VC2CwK2D) **+8%** revenue growth of boosters, including Tuck-ins (2) ![Picto commercial représentant un graphique](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/picto%20commercial.png.webp?itok=VC2CwK2D) **+23.6%** vs 2023 of CO2e erased (scope 4)(3) ![Picto commercial représentant un graphique](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/picto%20commercial.png.webp?itok=VC2CwK2D) **57** NPS results (turnover coverage 84%) ![Picto engagement sociétal](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/picto%20soci%C3%A9tal.png.webp?itok=keVvzEw4) **9.2M** inhabitants benefiting from inclusive access to essential services ![Picto engagement sociétal](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/picto%20soci%C3%A9tal.png.webp?itok=keVvzEw4) **88%** positive answers to the "ethics and conformity" question in VOR (4) survey (1) Coal exit and methane capture (2) Excl. energy prices (3) Scope 4, also known as erased emissions, is a concept specific to Veolia, to value the reductions of GHG emissions from third parties thanks to the Group’s decarbonizing solutions compared to a reference scenario without. (4) VOR: Voice of Resourcers [ ![Title Multifaceted performance and value creation](/sites/g/files/dvc4206/files/styles/content_push_teaser/public/image/2025/03/esg-replay-en-826x532.jpg.webp?itok=6v9Q6v7X) ](https://www.veolia.com/sites/g/files/dvc4206/files/document/2026/03/Finance_presentation_webinar_multi_faceted_perf_value_creation_03-23-2026.pdf "Multifaceted performance") [Multifaceted performance](https://www.veolia.com/sites/g/files/dvc4206/files/document/2026/03/Finance_presentation_webinar_multi_faceted_perf_value_creation_03-23-2026.pdf "Multifaceted performance") Access to the presentation of our webinar [Read more](https://www.veolia.com/sites/g/files/dvc4206/files/document/2026/03/Finance_presentation_webinar_multi_faceted_perf_value_creation_03-23-2026.pdf "Multifaceted performance") [ ![Woman working in a Veolia plant](/sites/g/files/dvc4206/files/styles/content_push_teaser/public/image/2026/03/cover%20deu.png.webp?itok=yy2MpAom) ](https://www.veolia.com/sites/g/files/dvc4206/files/document/2026/03/VEO2025_URD_FR_MEL.pdf "Universal registration document") [Universal registration document](https://www.veolia.com/sites/g/files/dvc4206/files/document/2026/03/VEO2025_URD_FR_MEL.pdf "Universal registration document") Access the 2025 URD (in french) [Read more](https://www.veolia.com/sites/g/files/dvc4206/files/document/2026/03/VEO2025_URD_FR_MEL.pdf "Universal registration document") [ ![Deux employés Veolia regardent au loin](/sites/g/files/dvc4206/files/styles/content_push_teaser/public/image/2026/03/cover%20hr%20and%20social%20perf.jpg.webp?itok=RfBmsVPR) ](https://www.veolia.com/sites/g/files/dvc4206/files/document/2026/03/report-human-resources-social-performance-2025-veolia_0.pdf "Human resources and social performance") [Human resources and social performance](https://www.veolia.com/sites/g/files/dvc4206/files/document/2026/03/report-human-resources-social-performance-2025-veolia_0.pdf "Human resources and social performance") Access the 2025 report [Read more](https://www.veolia.com/sites/g/files/dvc4206/files/document/2026/03/report-human-resources-social-performance-2025-veolia_0.pdf "Human resources and social performance") [ ![Coverage of the 2024 ESG report](/sites/g/files/dvc4206/files/styles/content_push_teaser/public/image/2024/07/esg-veolia-320x245.jpg.webp?itok=brmkVoTA) ](https://www.veolia.com/sites/g/files/dvc4206/files/document/2025/04/veolia-2024-esg-report.pdf "GreenUp: our 2024 ESG report") [GreenUp: our 2024 ESG report](https://www.veolia.com/sites/g/files/dvc4206/files/document/2025/04/veolia-2024-esg-report.pdf "GreenUp: our 2024 ESG report") Learn more about our ESG actions and GreenUp Strategy [Read more](https://www.veolia.com/sites/g/files/dvc4206/files/document/2025/04/veolia-2024-esg-report.pdf "GreenUp: our 2024 ESG report") ## Our net zero strategy in action ![](/sites/g/files/dvc4206/files/styles/quote_design_v2/public/image/2022/12/Estelle-Brachlianoff-comex-veolia-429x683.jpg.webp?itok=dkrfUxMp) "As the global champion of ecological transformation, Veolia is committed to helping tackle the climate challenge by working to decarbonize our societies and support their adaptation to already-occurring changes." Estelle Brachlianoff ### Our decarbonization commitments in figures -50% fewer scopes 1 and 2 emissions **by 2032** (compared with 2021) +50% on scope 4 **by 2030** (compared with 2023) Net zero **in 2050 for scopes 1, 2 and 3, in line with the Paris Agreement 1.5°C target** (Approved by SBTi) [ ![Discover Veolia’s 2024 Climate report](/sites/g/files/dvc4206/files/styles/content_push_teaser/public/image/2024/05/climate-report-320x245.jpg.webp?itok=CXu0gNVP) ](https://www.veolia.com/sites/g/files/dvc4206/files/document/2025/04/climate-report-2024-veolia.pdf "2024 climate report") [2024 climate report](https://www.veolia.com/sites/g/files/dvc4206/files/document/2025/04/climate-report-2024-veolia.pdf "2024 climate report") [Read more](https://www.veolia.com/sites/g/files/dvc4206/files/document/2025/04/climate-report-2024-veolia.pdf "2024 climate report") ## Sustainable finance: discover our financial commitments for ecological transformation Veolia has adopted a leading-edge sustainable finance framework, ensuring that our sustainability commitments are fully reflected in our financial strategy. ![Ouvrier dans une centrale](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/ve%20finance%20durable.png.webp?itok=wUeCVbjL) The Veolia Sustainable Finance Framework has been developed to allow Veolia to issue sustainable finance instruments in order to promote ecological transformation: financing projects and solutions that contribute to decarbonation, preservation and regeneration of resources and reducing pollution. [Sustainable finance framework](https://www.veolia.com/sites/g/files/dvc4206/files/document/2025/03/Veolia_Green_Financing_framework_march_2025.pdf "Sustainable finance framework") Discover our sustainable finance framework [Read more](https://www.veolia.com/sites/g/files/dvc4206/files/document/2025/03/Veolia_Green_Financing_framework_march_2025.pdf "Sustainable finance framework") [Presentation of our framework](https://www.veolia.com/sites/g/files/dvc4206/files/document/2025/04/Finance_Veolia_Green_Financing_Framework_April_2025.pdf "Presentation of our framework") Presentation of our sustainable finance framework [Read more](https://www.veolia.com/sites/g/files/dvc4206/files/document/2025/04/Finance_Veolia_Green_Financing_Framework_April_2025.pdf "Presentation of our framework") [Discover the Moody's report](https://www.veolia.com/sites/g/files/dvc4206/files/document/2025/03/Veolia_Moodys_SPO_march_2025.pdf "Discover the Moody's report") Access Moody's report on our framework [Read more](https://www.veolia.com/sites/g/files/dvc4206/files/document/2025/03/Veolia_Moodys_SPO_march_2025.pdf "Discover the Moody's report") *The framework complies with the Green Bond Principles, as published in June 2021 (including Appendix 1, June 2022), administered by the International Capital Market Association (ICMA); and it is also aligned with the Green Loan Principles (GLP) published in February 2023, administered by the Loan Market Association (LMA), the Loan Syndications and Trading Association (LSTA), and the Asia Pacific Loan Market Association (APLMA).* *To support the issuance of Blue Financing Instruments, the framework also considers the Guidelines for Blue Finance from the International Finance Corporation (January 2022 edition) and the "Bonds to Finance the Sustainable Blue Economy (SBE) – A Practitioner’s Guide" (September 2023).* ## Focus on biodiversity This Biodiversity Report highlights the urgent need to actively contribute to the preservation and restoration of life, which lies at the heart of our business activities, our multifaceted performance, and our solutions. It showcases the concrete actions implemented by Veolia across its sites, as well as the solutions developed to help our clients meet the targets of the Global Biodiversity Framework. ### Veolia activities contribute to significant reductions in three of the five pressures on biodiversity identified by IPBES ![Picto représentant la surexploitation des ressources](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/picto%20pollution.png.webp?itok=ZHO2Nn5x) **The overuse of natural resources, including water** ![Picto représentant un thermomètre rouge](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/picto%20changement%20climatique.png.webp?itok=b6lCt6Bo) **Climate change** ![Picto représentant la pollution des milieux naturels](/sites/g/files/dvc4206/files/styles/default/public/image/2025/07/picto%20pollution%20milieux.png.webp?itok=ravuB20Y) **Water, air and soil pollution** The destruction and artificialization of natural environments The spread of invasive alien species [Discover our biodiversity report](https://www.veolia.com/sites/g/files/dvc4206/files/document/2025/08/biodiversity-report-veolia-081925.pdf) [Discover our TNFD report for 2025](https://www.veolia.com/sites/g/files/dvc4206/files/document/2026/07/veolia-tnfd-en-260707.pdf) ## Other information #### [Access the integrated report for 2025-2026](https://www.veolia.com/sites/g/files/dvc4206/files/document/2026/04/veolia-integrated-annual-report-2025.pdf) #### [Focus on our governance](/en/veolia-group/governance "Governance") #### [Sustainability rating](/en/veolia-group/csr-corporate-social-responsibility/non-financial-rating "Sustainability rating") #### [Access our CSR website](https://www.csr-performance.veolia.com/)