Veolia Strengthens its Leadership in Ecological Transformation with SBTi Validation

Veolia has achieved a significant milestone by obtaining the validation of its decarbonization objectives by the Science Based Targets initiative (SBTi). This recognition positions Veolia as a leader in ecological transformation, with its net-zero ambition being labeled the most ambitious tracked by the SBTi.

Additionally, Veolia becomes the first company to receive double validation of its climate commitments from two major international rating agencies: SBTi and Moody’s. The latter awarded Veolia an NZ-2 score, acknowledging the quality and ambition of its transition plan.

Veolia's efforts include a 1.6 billion euro program converting coal-based assets to less carbon-intensive energies and developing local decarbonizing energy solutions. The company aims for a 50% reduction in Scope 1 and 2 emissions by 2032 and a 50% increase in erased emissions for clients by 2030, achieving carbon neutrality by 2050.