Usefulness, at the heart of our strategic vision
Convinced about the role and usefulness of businesses in meeting society's expectations, under the impetus of its Chairman and CEO the Veolia Group is one of the first French companies to have defined its purpose. He says
"a business is prosperous because it is useful and not the other way around".
Veolia's purpose was developed through a long process of work and unprecedented collaboration involving the company's management bodies, employees, the Critical Friends Committee (external experts), customers, people' panels, and so on.
Veolia's purpose was adopted by its Board of Directors and presented at the Annual Shareholders' Meeting on 18 April 2019.
Ecological transformation, that is our purpose.
Ecological transformation means acting to reconcile human progress and environmental protection.
We develop and implement locally solutions to depollute our vital resources and preserve them from depletion, solutions to decarbonize our ways of living and producing and adapt them to the consequences of climate change.
All over the world, attuned to local cultures, we strive to improve the health and quality of life of communities.
At Veolia, we tackle economic, social and environmental issues as an inseparable whole to the benefit of the largest number of people.
Veolia's purpose hinges on the answers to 4 questions:
- In what way is Veolia useful to society?
- What is its mission?
- How is Veolia different from other companies?
- For whom and how is the wealth generated shared?
An approach of shared progress with
and for our stakeholders
Fundamental and designed for the long term, Veolia's purpose is much more than mere words.
It is the first step in a broader vision of business in which "each company is a mosaic of stakeholders whose expectations must be equitably taken into account when sharing the value created.”
It is a compass that helps us set and hold our course over the long-term, a shared progress approach that concerns all Group employees. It is pursued for the benefit of all stakeholders and is applied through the Impact 2023 strategic program.
Managing the business through a multifaceted performance
Veolia is committed to a multifaceted performance with the same level of consideration and expectations as regards its economic, financial, commercial, social, societal and environmental performance. Its 18 indicators are associated with progress targets for 2023. These will be regularly audited and measured by independent bodies. They will be used to calculate the variable compensation of Veolia's senior executives.
