Veolia
 | |
| Company type | Société Anonyme |
|---|---|
| Euronext: VIE | |
| Industry | Environmental services |
| Founded | 1853 |
| Founder | Compagnie Générale des Eaux |
Key people | Antoine Frérot (Chairman and CEO) |
| Revenue | €27.19 billion (2020) |
| €1.2 billion (2020) | |
| €0.3 billion (2020) | |
Number of employees | 179,000 (2020) |
| Website | www.veolia.com |
Veolia Environnement S.A. is a French transnational company with activities in three main service and utility areas traditionally managed by public authorities – water management, waste management, and energy services.
History[edit | edit source]
Veolia was originally founded in 1853 as the Compagnie Générale des Eaux (CGE) by an imperial decree of Napoleon III. The company was initially focused on providing water services in France. Over the years, it expanded its operations to include waste management and energy services, becoming a major player in the environmental services sector.
In 1998, CGE changed its name to Vivendi, and in 2003, the environmental services division was spun off as Veolia Environnement. Since then, Veolia has grown through acquisitions and strategic partnerships, becoming a global leader in environmental solutions.
Operations[edit | edit source]
Veolia operates in over 40 countries and serves millions of people worldwide. Its operations are divided into three main segments:
Water Management[edit | edit source]
Veolia provides water and wastewater services, including the design, construction, and operation of water and wastewater treatment plants. The company is involved in the entire water cycle, from sourcing and treatment to distribution and recycling.
Waste Management[edit | edit source]
Veolia offers waste collection, treatment, and recycling services. The company focuses on reducing waste, recovering resources, and minimizing environmental impact. It operates numerous recycling facilities and waste-to-energy plants.
Energy Services[edit | edit source]
Veolia provides energy management services, including the operation of heating and cooling networks, energy efficiency solutions, and renewable energy projects. The company aims to optimize energy consumption and reduce carbon emissions.
Sustainability and Innovation[edit | edit source]
Veolia is committed to sustainable development and innovation. The company invests in research and development to create new technologies and solutions for environmental challenges. Veolia's sustainability initiatives focus on resource conservation, climate change mitigation, and circular economy principles.
Controversies[edit | edit source]
Like many large corporations, Veolia has faced controversies and legal challenges. These include disputes over water privatization, environmental compliance issues, and labor relations. The company has worked to address these challenges through improved governance and stakeholder engagement.
Also see[edit | edit source]
- Water supply and sanitation in France
- Waste management in France
- Energy policy of the European Union
- Environmental impact of the energy industry
Template:Environmental companies
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