Veolia

Veolia, headquartered in France and operating in collected and purified water and water distribution services, reported approximately 48.5 billion kg CO2e in market-based Scope 1 and 2 emissions for 2025. This includes about 18.2 billion kg CO2e in Scope 1 emissions and approximately 1.55 billion kg CO2e in market-based Scope 2 emissions. Their Scope 3 emissions for the same year were around 28.79 billion kg CO2e.

Looking back to 2024, their market-based Scope 1 and 2 emissions were approximately 51.56 billion kg CO2e, comprising about 18.34 billion kg CO2e in Scope 1 emissions and approximately 1.91 billion kg CO2e in market-based Scope 2 emissions. Scope 3 emissions for 2024 were about 31.31 billion kg CO2e.

Veolia has set several ambitious climate commitments. The company aims for net-zero greenhouse gas emissions across its entire value chain (Scopes 1, 2, and 3) by 2050, aligning with the Paris Agreement's 1.5°C target. This net-zero target has been validated by the Science Based Targets initiative (SBTi).

In the near term, Veolia commits to reducing its absolute Scope 1 and 2 GHG emissions by 50.4% by 2032 from a 2021 base year. For Scope 3, they aim for a 30% reduction across 67% of relevant categories by 2032, also from a 2021 base year. They also specifically target a 50.4% reduction in absolute Scope 3 GHG emissions from the use of sold products (covering sold and distributed fossil fuels) by 2032.

Further long-term SBTi commitments include reducing all other absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2021 base year, and reducing all other absolute Scope 3 GHG emissions by 90% by 2050 from a 2021 base year.