SUEZ doubles investments to consolidate position in water and waste management

As part of its strategy, the Group also aims at maintaining its leadership in sustainable development. By the end of 2022, SUEZ will publish its sustainable development roadmap, outlining its contribution, ambitions and quantified targets for climate, nature conservation and social matters. 20 percent of Group executive long-term compensation will be linked to the achievement of environmental, social and governance criteria.

Overall, in financial terms, the implementation of this strategy will result in annual growth in revenue between 4 percent and 5 percent and annual growth in EBITDA in excess of that of revenue.

A new, simplified, more agile and customer-focused organization will put this plan into action. It will be structured around the Group's two businesses, water and waste. This new organization will be based on a culture promoting entrepreneurship and team empowerment. It will also promote commercial and operational excellence.

The Group's strategic plan is firmly rooted in a vision of its contribution to society, enshrined in its purpose. SUEZ is convinced that through its water and waste activities, it can play a vital role everywhere it operates in improving people's quality of life on a day-to-day basis. Developed in collaboration with the Group's stakeholders, employees, customers and partners, the Group's purpose will be translated into concrete and quantified targets for all of its activities. Incorporation into the company bylaws will be subject to approval by the Annual General Meeting of Shareholders held in the first half of 2023.