CDP and EcoVadis: SUEZ receives global recognition for its leadership in the field of sustainability
SUEZ’s environmental, social and governance (ESG) performance has been rewarded by two globally recognised organisations, which have assessed the Group for the first time since it was acquired by a consortium of shareholders made up of Meridiam, GIP and the Caisse des Dépôts Group.
CDP is an international non-profit organisation that is regarded as the global benchmark for environmental ratings. It assesses the transparency of companies’ environmental disclosures and their efforts to reduce their environmental footprint. In 2023, CDP assessed a record 23,000 companies around the world.
The two A- ratings that CDP awarded to SUEZ in 2023 recognise the Group’s leadership in terms of reducing its direct and indirect greenhouse gas emissions, adapting to climate risks and ensuring sustainable management of water resources. They also highlight SUEZ’s firm commitment to stepping up its efforts between now and 2030.
The EcoVadis gold medal is a broader acknowledgement of the Group’s efforts in terms of the environment, human rights, ethics and sustainable procurement. EcoVadis is a
world leader in terms of corporate sustainability assessments and takes into account 21 criteria.
As part of its sustainability roadmap, SUEZ is committed to reducing greenhouse gas emissions by 39% in its water business and 26% in its waste business1 by 2030. The Group is also committed to increasing the proportion of its electricity consumption coming from sustainable sources to 70% globally and 100% in Europe by 2030, and to achieving electricity self-sufficiency in Europe.
Sabrina Soussan, Chairman and CEO of SUEZ, said: “I am delighted to see these excellent ratings awarded to SUEZ by CDP and EcoVadis. They recognise both our transparent
approach to sustainability and the high standards we set in this area. They provide further encouragement to continue our efforts, just a few months after the remarkable success of our green bond issues with investors.”
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