Veolia Environnement S.A., commonly known as Veolia, is a global leader in the collected and purified water industry, headquartered in France. Founded in 1853, the company has established a strong presence in various regions, including Europe, North America, and Asia, providing essential water distribution services.
Veolia's core offerings encompass water management, wastewater treatment, and resource recovery, distinguished by their commitment to sustainability and innovation. The company has achieved significant milestones, including advancements in water purification technologies and a robust portfolio of eco-friendly solutions.
With a market position bolstered by its extensive experience and expertise, Veolia is recognised for its dedication to enhancing water quality and promoting responsible resource use. Its unique approach not only addresses immediate water needs but also contributes to long-term environmental sustainability.
+75 vs industry average
Veolia’s score of 92 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Water Distribution is among the most carbon-intensive industries
Industry performance
The Water Distribution industry has increased its overall emissions by 287% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Veolia's reported carbon emissions
Veolia's carbon emissions management and climate commitments demonstrate a strong focus on reducing its environmental impact within the water distribution and purification sector.
Recent Emissions Data:
- 2025: Veolia reported a total of approximately 48.2 billion kg CO2e. This breaks down into approximately 18.2 billion kg CO2e for Scope 1 emissions and approximately 1.55 billion kg CO2e for Scope 2 (market-based) emissions. Scope 3 emissions were substantial, totalling approximately 28.7 billion kg CO2e.
- 2024: Total emissions for 2024 were approximately 51.6 billion kg CO2e. Scope 1 emissions stood at around 18.3 billion kg CO2e, while Scope 2 (market-based) emissions were approximately 1.9 billion kg CO2e. Scope 3 emissions accounted for roughly 31.3 billion kg CO2e.
Climate Commitments and Reduction Targets:
Veolia has established ambitious targets aligned with global climate goals:
- Net Zero by 2050: The company is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050, in alignment with the Paris Agreement's 1.5°C target. This long-term ambition is supported by a roadmap currently under development.
- Scope 1 & 2 Reductions: Veolia has set a key milestone to reduce its Scope 1 and 2 emissions by 50% by 2032, using 2021 as the baseline year. A broader commitment from 2018 aims for a 40% reduction in absolute Scope 1 and 2 GHG emissions by 2034.
- Scope 3 Reductions: The company aims for a 30% reduction across 67% of its Scope 3 emissions by 2032, also against a 2021 baseline.
- Coal Phase-out: Veolia plans significant investment, approximately €1.5 billion, to phase out coal by 2030, targeting a reduction of 2.7 million tonnes of CO2e.
- Science-Based Targets initiative (SBTi): Veolia's targets are validated by the SBTi, confirming their alignment with climate science. This includes a commitment to reduce absolute Scope 1 and 2 GHG emissions by 50.4% by 2032 from a 2021 base year.
Emissions Breakdown:
Veolia's emissions are spread across Scope 1 (direct emissions), Scope 2 (indirect emissions from purchased energy), and Scope 3 (all other indirect emissions in the value chain). Key contributors to its Scope 3 emissions include:
- Fuel and energy-related activities
- Use of sold products
- Purchased goods and services
- Capital goods
- Upstream leased assets
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Veolia’s Climate Goals (2030 & 2050)
5 goals2032
67% reduction in scope 3 total
The Group is committed to a 50% reduction in its scope 1 and 2 emissions and a 30% reduction across 67% of scope 3 by 2032 (compared wit…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 5 climate goals
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Scope 3 top emissions categories
12 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Veolia
Frequently asked questions
Common questions about Veolia’s sustainability data and climate commitments
Data year: 2025
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