Veolia Environnement (VIE) Status update summary

Strategic context and performance highlights

• Environmental security is positioned as a core value proposition, linking ESG to national security and economic sovereignty amid global instability.

• 2025 marks the second year of the GreenUp plan, with historic financial results: revenue over €44 billion, EBITDA up 6.3%, and net income up 11.8% annually.

• Gross profit target of 9.4% achieved two years ahead of plan; leverage ratio at 2.79x despite €2.3 billion in acquisitions.

• International operations, especially outside Europe, drive growth with 9.3% EBITDA increase.

• Two out of three GreenUp environmental objectives achieved two years early, including water savings and hazardous waste treatment.

Decarbonization and energy transition

• Scope 1 and 2 emissions reduced by 18.6% since 2021, achieving the 2027 GreenUp target two years early.

• Coal exit plan progressing: five out of nine plants transitioned, with share of coal-based activity reduced to 2.6% in 2025 and targeted below 1% by 2030.

• Multi-energy facility transformation in Karviná, Czech Republic, to eliminate coal by 2029, reducing CO2 by 200,000 tons annually.

• Decarbonization projects deliver IRR above 10%, increase asset value, and enhance network efficiency.

• Client partnerships, such as in Tashkent and Hong Kong, drive significant CO2 reductions and efficiency gains.

Regeneration, depollution, and biodiversity

• Advanced water management and reuse solutions ensure resilience and reduce shortages, with 1.5 billion m³ freshwater savings target by 2027 already surpassed.

• 9.2 million tons of hazardous waste treated, exceeding 2027 target.

• Biodiversity action plans deployed on 80% of sensitive sites, aiming for 85% by 2027.

• Nature-based solutions implemented, such as tree planting in Colombia, directly enhance water quality for over 300,000 people.