In the words of Antoine Frérot, speaking at the Rencontres du Progrès:"After the pandemic, the idea of purpose has become an essential issue, and the concept of multifaceted performance is rapidly gaining ground"
October 11, 2021 at 11:22 am EDT
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Developing a culture of proof
To prove that a company's first role is to be useful before it is prosperous, Veolia has defined 18 indicators of multifaceted performance: Of these 4 are economic and financial indicators, 4 social, 4 environmental, 3 concern customers and 3 are focused on society in general. Veolia publishes the 18 results obtained very year.
The pay of senior executives and the incentive schemes of all Group employees are calculated according to the performance achieved toward its 18 indicators. Among all the stakeholders who participated in the development of our corporate purpose, the employees were the most satisfied to be associated with this search for a more harmonious balance between all those involved. They appreciated that our incentive schemes and employee shareholdings are now calculated on the basis of these 18 performance criteria.
Our clients have also come to see our purpose as a veritable asset that gives us a lead over the competition. Our industrial clients are even ready to reward Veolia in terms of the price they pay for its services, once we provide them with elements of proof that they can integrate into their own CSR approach. Today, beyond the question of their carbon footprint, all companies need to pay more attention to their social, societal and environmental footprints.
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Veolia Environnement SA published this content on 11 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 October 2021 15:21:03 UTC.
Veolia Environnement is the world leader in environmental management services. Net sales break down by activity as follows:
- water-related services (40.6%; No. 1 worldwide): water resources management, drinking water distribution and delivery, wastewater collection, treatment and recovery, engineering, design, construction of water treatment facilities and customer relationship management, etc.;
- waste management services (32.4%; no. 1 worldwide): collection, treatment and recycling of liquid, solid, non-hazardous and hazardous waste, waste treatment and recovery through composting, energy recovery from waste, etc. Veolia Environnement also provides urban waste management services (maintenance and cleaning of public spaces, provision of mechanized street cleaning and façade treatment services), maintenance of industrial sites, and dismantling of industrial facilities and equipment at the end of their useful life;
- energy services (27%; No. 1 in Europe): delegated management of urban heating and air conditioning networks, management of thermal and multi-technique services (operation of heating systems, facility design, construction, and maintenance, etc.) and industrial services (industrial process analysis, production equipment operation, service, and maintenance), general management of buildings and public lighting.
Net sales are distributed geographically as follows: France (21.5%), Europe (41.9%), North America (7.4%), Asia (5.6%), Africa and the Middle East (4.9%), Pacific (4.3%), Latin America (4%) and other (10.4%).
In the words of Antoine Frérot, speaking at the Rencontres du Progrès: "After the pandemic, the idea of purpose has become an essential issue, and the concept of multifaceted performance is rapidly gaining ground"