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SUEZ doubles investments to consolidate position in water and waste management | Updated: 2022-09-28 13:57
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The Group's strategic plan is based on three pillars:

1. Focus on the Group's key activities and markets

In terms of activities, the Group will focus its presence on the businesses of the water and waste markets.

In terms of geographies, the Group will pursue its development in certain markets that are particularly buoyant—United Kingdom, Italy, China, India, Australia, Middle East and Africa—thereby benefiting from a balanced exposure between mature markets focused on innovation and emerging markets with strong growth. By 2027, the Group aims at generating approximately 40 percent of its revenue in international markets.

The acquisition of the former SUEZ R&R activities in the United Kingdom, the third largest player in the waste market which has successfully positioned itself in recycling and energy recovery, will strengthen SUEZ's leadership in new methods of waste recovery and diversify its geographic footprint. This represents the Group's third acquisition in eight months and the largest in size.

2. Invest and innovate in solutions that differentiate the Group

SUEZ intends to differentiate through its unique expertise in infrastructure construction and recognized leadership in innovation, digital technology and customer experience.

Innovation and R&D will be strengthened to develop new solutions for preserving water resources, combating pollutants, recycling, producing green energy from waste and reducing our customers' carbon footprint. The Group will increase its dedicated research and development budget by 50 percent.

Lastly, on the strength of its leadership in connected solutions ("Aquadvanced" to manage plants and networks, smart meters, etc), the Group will continue to invest in digital technology and technologies that play a key role in preserving increasingly scarce resources (detecting leaks in water networks, advising users on energy sobriety, etc.) with the goal of doubling its revenue from these activities in five years.

Committed to its ambition to invest alongside its customers, in an effort to address new environmental and energy challenges, the Group will invest an additional 860 million euros compared to the previous period.

3. Create value for all of the Group's stakeholders

Through its strategy, SUEZ seeks to create value for all of its stakeholders:

- With respect to shareholders, the SUEZ strategy aims at achieving growth in profitability in excess of growth in revenue.

- With respect to the Group's employees, SUEZ conducts its activities as part of an affirmed shareholding policy. In line with the commitment made by the Group's shareholders to have 10 percent of the capital held by employees within the next five to seven years, SUEZ launches an employee shareholding plan. The Group has set a target of 3 percent of its capital to be held by employees from 2022. Where appropriate, three directors representing employees (one representing employee shareholders, two representing employees) would sit on the Group's Board of Directors.

- In addition, the Group is renewing its societal commitments. First, through its inclusion initiatives, notably implemented by its social inclusion subsidiary, Rebond: the SUEZ subsidiary celebrates its twentieth anniversary in 2022, with a total of 10,500 beneficiaries, 70 percent of whom have found a stable job or obtained a recognized qualification. Second, SUEZ is committing to invest in developing skills and competences. The Group has also reaffirmed its support for Fondation SUEZ: with its annual budget of nearly 3 million euros, the foundation supports projects for access to essential services (water, sanitation and waste) in emerging and developing countries as well as social inclusion projects in France. Lastly, the partnership with the FDJ-SUEZ women's cycling team testifies to the Group's commitment to promote diversity and equal opportunities.

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