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Veolia and AFD Sign Strategic Partnership to Accelerate Ecological Transformation in Developing Countries
Veolia and AFD Sign Strategic Partnership to Accelerate Ecological Transformation in Developing Countries

Yahoo

time2 days ago

  • Business
  • Yahoo

Veolia and AFD Sign Strategic Partnership to Accelerate Ecological Transformation in Developing Countries

PARIS, July 18, 2025--(BUSINESS WIRE)--Regulatory News: Veolia (Paris:VIE), a global leader in ecological transformation, and the Agence Française de Développement (AFD) have signed a partnership agreement on July 18, 2025, to strengthen their collaboration in support of environmental services and sustainable development. This three-year strategic partnership aims to combine Veolia's technical and operational expertise with AFD's implementation capacity and local presence to address environmental challenges in emerging and developing countries. The partnership will focus primarily on Latin America, Central Asia, the Balkans, Africa, and the Middle East. This strategic alliance, designed to bring private sector expertise to environmental services, targets three key sectors: water and sanitation, waste management, and energy. It includes concrete actions to: reduce inequalities in access to water and sanitation, a core priority of the Sustainable Development Goals (SDGs), preserve water resources, improve governance and regulatory frameworks related to waste management, develop innovative circular economy solutions, advance bioenergy innovation, decarbonize district heating networks. This partnership reflects a shared commitment by AFD and Veolia to strengthen collective action for sustainable transitions. It aims to promote dialogue and collaboration between the two international stakeholders, notably through technical workshops, exchanges, and site visits. The partnership will also be brought to life through joint Corporate Social Responsibility (CSR) initiatives. "We are proud to join forces with AFD to amplify our positive impact on sustainable development, especially in the fields of water access, waste management, and the energy transition," said Estelle Brachlianoff, CEO of Veolia. "Our operational excellence and on-the-ground expertise, combined with AFD's strong local presence, will help us accelerate the achievement of the Sustainable Development Goals (SDGs) in the regions where we operate. This partnership is fully aligned with our GreenUp strategic plan and our ambition to be a catalyst for ecological transformation in all territories. It is a concrete demonstration of how French expertise can act as a powerful accelerator of global ecological transition." Rémy Rioux, CEO of the AFD Group, added: "We are very pleased to formalize and strengthen our partnership with Veolia, with whom we already have a rich history of concrete projects—particularly through its subsidiary Seureca in Chad, Guinea, and the Balkans. This agreement will enhance our synergies at the scale of both our organizations to ensure safe and sustainable access to drinking water for populations in our partner countries, and to support their ecological transitions in line with our SDG commitments. Ultimately, this partnership embodies our shared vision to contribute to France's policy of solidarity-based and sustainable international investment." ▁▁▁ ABOUT AFD The AFD Group finances and accelerates transitions toward a fairer, safer, and more resilient world by working hand-in-hand with local partners around the globe. Through its complementary entities — AFD for public financing, Proparco for responsible private investment, and Expertise France for technical cooperation — the Group addresses all facets of sustainable development. Active in more than 160 countries, including French overseas territories, AFD tailors its actions to local realities and supports community-driven initiatives. With more than 4,000 projects aligned with the Sustainable Development Goals (SDGs), AFD acts on behalf of the French people to mobilize all stakeholders involved in promoting economic development and preserving our global commons — climate, biodiversity, peace, gender equality, and global health. With others, for a shared ABOUT VEOLIA Veolia group aims to become the benchmark company for ecological transformation. Present on five continents with 215,000 employees, the Group designs and deploys useful, practical solutions for the management of water, waste and energy that are contributing to a radical turnaround of the current situation. Through its three complementary activities, Veolia helps to develop access to resources, to preserve available resources and to renew them. In 2024, the Veolia group provided 111 million inhabitants with drinking water and 98 million with sanitation, produced 42 million megawatt hours of energy and treated 65 million tonnes of waste. Veolia Environnement (Paris Euronext: VIE) achieved consolidated revenue of 44.7 billion euros in 2024. View source version on Contacts VEOLIA MEDIA RELATIONS Laurent Obadia - Evgeniya Mazalova Anna Beaubatie - Aurélien Sarrosquy Charline Bouchereau Tel. + 33 (0) 1 85 57 86 AFD MEDIA RELATIONS Sophie Noel Tel. +33 (0) 1 53 44 31 31noels@

Veolia and AFD Sign Strategic Partnership to Accelerate Ecological Transformation in Developing Countries
Veolia and AFD Sign Strategic Partnership to Accelerate Ecological Transformation in Developing Countries

Business Wire

time2 days ago

  • Business
  • Business Wire

Veolia and AFD Sign Strategic Partnership to Accelerate Ecological Transformation in Developing Countries

PARIS--(BUSINESS WIRE)--Regulatory News: Veolia (Paris:VIE), a global leader in ecological transformation, and the Agence Française de Développement (AFD) have signed a partnership agreement on July 18, 2025, to strengthen their collaboration in support of environmental services and sustainable development. This three-year strategic partnership aims to combine Veolia's technical and operational expertise with AFD's implementation capacity and local presence to address environmental challenges in emerging and developing countries. The partnership will focus primarily on Latin America, Central Asia, the Balkans, Africa, and the Middle East. This strategic alliance, designed to bring private sector expertise to environmental services, targets three key sectors: water and sanitation, waste management, and energy. It includes concrete actions to: reduce inequalities in access to water and sanitation, a core priority of the Sustainable Development Goals (SDGs), preserve water resources, improve governance and regulatory frameworks related to waste management, develop innovative circular economy solutions, advance bioenergy innovation, decarbonize district heating networks. This partnership reflects a shared commitment by AFD and Veolia to strengthen collective action for sustainable transitions. It aims to promote dialogue and collaboration between the two international stakeholders, notably through technical workshops, exchanges, and site visits. The partnership will also be brought to life through joint Corporate Social Responsibility (CSR) initiatives. 'We are proud to join forces with AFD to amplify our positive impact on sustainable development, especially in the fields of water access, waste management, and the energy transition,' said Estelle Brachlianoff, CEO of Veolia. 'Our operational excellence and on-the-ground expertise, combined with AFD's strong local presence, will help us accelerate the achievement of the Sustainable Development Goals (SDGs) in the regions where we operate. This partnership is fully aligned with our GreenUp strategic plan and our ambition to be a catalyst for ecological transformation in all territories. It is a concrete demonstration of how French expertise can act as a powerful accelerator of global ecological transition.' Rémy Rioux, CEO of the AFD Group, added: 'We are very pleased to formalize and strengthen our partnership with Veolia, with whom we already have a rich history of concrete projects—particularly through its subsidiary Seureca in Chad, Guinea, and the Balkans. This agreement will enhance our synergies at the scale of both our organizations to ensure safe and sustainable access to drinking water for populations in our partner countries, and to support their ecological transitions in line with our SDG commitments. Ultimately, this partnership embodies our shared vision to contribute to France's policy of solidarity-based and sustainable international investment.' ▁▁▁ ABOUT AFD The AFD Group finances and accelerates transitions toward a fairer, safer, and more resilient world by working hand-in-hand with local partners around the globe. Through its complementary entities — AFD for public financing, Proparco for responsible private investment, and Expertise France for technical cooperation — the Group addresses all facets of sustainable development. Active in more than 160 countries, including French overseas territories, AFD tailors its actions to local realities and supports community-driven initiatives. With more than 4,000 projects aligned with the Sustainable Development Goals (SDGs), AFD acts on behalf of the French people to mobilize all stakeholders involved in promoting economic development and preserving our global commons — climate, biodiversity, peace, gender equality, and global health. With others, for a shared world. ABOUT VEOLIA Veolia group aims to become the benchmark company for ecological transformation. Present on five continents with 215,000 employees, the Group designs and deploys useful, practical solutions for the management of water, waste and energy that are contributing to a radical turnaround of the current situation. Through its three complementary activities, Veolia helps to develop access to resources, to preserve available resources and to renew them. In 2024, the Veolia group provided 111 million inhabitants with drinking water and 98 million with sanitation, produced 42 million megawatt hours of energy and treated 65 million tonnes of waste. Veolia Environnement (Paris Euronext: VIE) achieved consolidated revenue of 44.7 billion euros in 2024.

Veolia Acquires Icetec to Expand Its Digital and Distributed Energy Business in North America
Veolia Acquires Icetec to Expand Its Digital and Distributed Energy Business in North America

Yahoo

time3 days ago

  • Business
  • Yahoo

Veolia Acquires Icetec to Expand Its Digital and Distributed Energy Business in North America

> Acquisition expands Veolia's presence in the digital and distributed energy industry > This is the latest step in the company's ambition to double the size of its North America business by 2030 as part of its GreenUp strategy BOSTON, July 17, 2025--(BUSINESS WIRE)--Veolia, a leading global integrated provider of environmental services, today announced that it has completed the acquisition of Icetec, a Pennsylvania-based digital and distributed energy management company with more than 20 years of experience in generating quantified energy savings and operational improvement for customers. The tuck-in acquisition will complement Veolia's existing North American energy service offerings and bring additional functionality to the company's Hubgrade digital platform. In the context of increased volatility in the electricity market and stress on the power grids, Icetec customers will benefit from the broad services Veolia can provide to further increase their environmental performance. The move is part of the company's GreenUp strategy, which aims to double its revenue in the United States and Canada by 2030, with a focus on decarbonization, resource regeneration, and depollution. The acquisition reinforces Veolia's commitment to improving energy efficiency, decarbonizing industry, and promoting a sustainable global energy system. The Icetec team, based in Boothwyn, PA., will bring both their software and expertise in site and asset optimization to Veolia's Sustainable Industries and Buildings business. Icetec's fully integrated management platform enables leading institutions to optimize their distributed energy assets, both operationally and financially, by accessing wholesale energy markets. Icetec also brings a portfolio of marquee clients in the higher education, healthcare, commercial and industrial sectors. Karin Hamel, President and Chief Executive Officer of Veolia's Sustainable Industries and Buildings business said: "We are thrilled to welcome Icetec to Veolia. This valuable acquisition will be an integral part of our GreenUp strategy as we grow our energy services business by helping our customers conserve energy and reduce their environmental impact with future forward, digital capabilities. We believe combining Icetec with our existing digital platforms will provide an enhanced and differentiated experience for our customers." Michael Webster, Founder and Chief Executive Officer of Icetec said: "Joining Veolia is an important step forward for our company to help us reach new markets, better serve our customers, achieve greater impact and provide growth opportunities for our team. With the opportunities across power markets in North America, we are excited to become part of a global energy and sustainability leader like Veolia where we can continue to develop and deploy Icetec's management and optimization solutions to a broader set of industries and customers." ABOUT VEOLIA IN NORTH AMERICA Veolia in North America is the top-ranked environmental company in the United States for three consecutive years, and the country's largest private water operator and technology provider as well as hazardous waste and pollution treatment leader. It offers a full spectrum of water, waste, and energy management services, including water and wastewater treatment, commercial and hazardous waste collection and disposal, energy consulting and resource recovery. Veolia helps commercial, industrial, healthcare, higher education and municipality customers throughout North America. Headquartered in Boston, Veolia has more than 10,000 employees working at more than 350 locations across North ABOUT VEOLIA GROUP Veolia group aims to become the benchmark company for ecological transformation. Present on five continents with 215,000 employees, the Group designs and deploys useful, practical solutions for the management of water, waste and energy that are contributing to a radical turnaround of the current situation. Through its three complementary activities, Veolia helps to develop access to resources, to preserve available resources and to renew them. In 2024, the Veolia group provided 111 million inhabitants with drinking water and 98 million with sanitation, produced 42 million megawatt hours of energy and treated 65 million tonnes of waste. Veolia Environnement (Paris Euronext: VIE) achieved consolidated revenue of 44.7 billion euros in ABOUT ICETEC Icetec has successfully managed virtual power purchase agreements, distributed energy resources and microgrids for over 20 years. Forging an innovative path in 2002, Icetec started its journey by using freezers as batteries – a concept that came to inspire the name, Icetec. Since that time, the company has continuously evolved and advanced our predictive analytics and optimization platform with a comprehensive tech stack for sophisticated distributed energy management, with the integration of critical data, such as weather, markets, and grid conditions. As a result, customers can now automatically ensure optimal energy efficiency and operational performance, without human intervention. Today, more than 200 MWs are managed by Icetec's SaaS platform from over 40 customers, including blue-chip clients across pharma, Ivy League education, top C&I companies, and utilities. View source version on Contacts VEOLIA IN NORTH AMERICA Chris Huk Communications Manager +1

Enova and Schneider Electric Join Forces to Advance Energy Solutions in the Gulf - Middle East Business News and Information
Enova and Schneider Electric Join Forces to Advance Energy Solutions in the Gulf - Middle East Business News and Information

Mid East Info

time6 days ago

  • Automotive
  • Mid East Info

Enova and Schneider Electric Join Forces to Advance Energy Solutions in the Gulf - Middle East Business News and Information

Partnership combines Schneider Electric's advanced technologies with Enova's energy performance services to deliver smart, data-driven, and future-ready energy systems Collaboration is aimed at empowering organizations to meet evolving sustainability goals Enova – a premier provider of integrated energy and multi-technical solutions and a Majid Al Futtaim and Veolia joint venture has entered a strategic collaboration with Schneider Electric, a global leader in the digital transformation of energy management and automation. This collaboration brings to the fore Schneider Electric technologies — including microgrids, photovoltaic (PV) systems, and electric vehicle (EV) charging infrastructure — with Enova's deep expertise in energy efficiency strategies and advanced asset management systems. As the region intensifies efforts to decarbonize its economy and transition toward cleaner and more resilient energy systems, the collaboration will focus on driving impactful outcomes in energy efficiency and emissions reduction. Renaud Capris, Chief Executive Officer of Enova, commented, 'As we accelerate our progress towards a sustainable energy future in the Gulf, our collaboration with Schneider Electric enables us to integrate advanced technologies and energy efficient solutions and to optimize our service portfolio and enhance value for our clients. Since its establishment in 2002 as a joint venture between Majid Al Futtaim and Veolia, Enova has enabled clients across the region to achieve more than AED 530 million in total energy cost savings and reduce carbon emissions by over 580,000 tons. Capris added, 'Together, we are uniquely positioned to enable our clients across diverse sectors optimize their energy use and decarbonize operations in alignment with Enova stakeholders' environmental objectives – including Veolia's GreenUp strategic program – while making a meaningful contribution to the region's environmental goals.' Amel Chadli, President of Gulf Countries at Schneider Electric, said: 'As the region places greater urgency on decarbonizing its economy and building more resilient energy systems, it has become increasingly important for businesses, of various sectors, to optimize energy consumption, maintain a healthy and productive environment, and update aging facilities.' She added: 'Our collaboration with Enova builds on our commitment to set a new standard for decarbonization in the region through the convergence of technology and expertise. Our shared goal is to support organizations in driving meaningful transformation through sustainability, innovation, and operational resilience.' The collaboration will drive the adoption of smart technologies and support the integration of renewable energy into core business operations. The initiative empowers businesses to contribute meaningfully towards regional goals to scale clean energy and efficiency, through Schneider Electric's EcoFit and EcoCare programs, aimed at modernizing aging systems and ensuring circularity. By integrating Schneider Electric's connected technologies with Enova's on-the-ground capabilities in asset management and technical operations, the two companies will deliver future-ready solutions that respond to clients' evolving sustainability requirements. About Schneider Electric: Schneider's purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability. At Schneider, we call this Life Is On. Our mission is to be the trusted partner in Sustainability and Efficiency. We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers. We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all. About Enova: Enova is the regional leader in integrated energy and multi-technical services, offering comprehensive and performance-based Energy and Facilities Management solutions to its clients to help achieve their financial, operational, and environmental targets. With more than 5,700 highly trained and multi-skilled employees, Enova serves a wide portfolio of clients in the public, residential, commercial, industrial, and healthcare sectors across the region. Enova was created in 2002 as a joint venture between Majid Al Futtaim and Veolia. Majid Al Futtaim is the leading shopping malls, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia. Veolia is a global leader in optimised resource management; designing and providing water, waste, and energy management solutions which contribute to the sustainable development of communities and industries.

Veolia scales up hazardous waste management in global GreenUp push
Veolia scales up hazardous waste management in global GreenUp push

Arab News

time01-07-2025

  • Business
  • Arab News

Veolia scales up hazardous waste management in global GreenUp push

COURRIERES: As hazardous waste becomes an emerging bottleneck in global industry, environmental services giant Veolia is taking center stage with a bold new road map. At its 'Deep Dive Waste to Value' conference held in Courrieres, northern France, the company unveiled a sweeping strategy to expand hazardous waste treatment capacity by 50 percent by 2030 — a key pillar of its broader GreenUp plan to accelerate sustainable infrastructure worldwide. The event marked a strategic repositioning, beyond the scope of a corporate update. In an age of tightening regulations, industrial transformation and health concerns tied to chemical pollutants, hazardous waste is no longer a passive liability — it is a value stream to be captured, a risk to be neutralized and a global challenge requiring scalable, science-backed solutions. Veolia executives from across Europe, North America, the Middle East and the Australia–New Zealand region convened at the event, offering insights into how the company is reshaping its global hazardous waste portfolio to meet mounting environmental and regulatory demands. From PFAS destruction technologies to global acquisitions, Veolia's leadership outlined how the company plans to lead the next chapter in environmental security — focusing on innovation, infrastructure investment and tailored regional solutions aligned with industry needs. From buckets of paint to PFAS: the scope of hazardous waste Hazardous waste comes in various forms — from industrial effluents to household products like leftover paint, expired garden chemicals or solvents. The path to circularity starts not just with large-scale technology, but also with individual action. Next time you have a bucket of unused paint or expired garden products, think again before dumping it into nature — a reminder that sustainable change hinges on both systemic infrastructure and everyday choices. At scale, Veolia aims to increase its hazardous waste treatment capacity by 530,000 tonnes, eliminate over 9 million tonnes of pollutants annually and increase revenues from this segment by 50 percent by 2030. According to CEO Estelle Brachlianoff: 'Hazardous waste treatment is becoming a strategic bottleneck for several industries. It is also an essential topic for human health and environmental security.' Macro and micro-scale strategy Hazardous waste is a global issue requiring both top-down and bottom-up engagement. 'We need international cooperation,' Brachlianoff said, 'but also change at the household level. Sustainable impact requires both.' She identified three defining industry drivers: Pollutant removal for health, strategic industrial restructuring and supply chain resilience. 'Waste is not waste anymore — it's an untapped resource,' she added. Veolia now treats more than 8.7 million tonnes of hazardous waste each year and reported €4.3 billion ($5 billion) in 2024 revenue from its hazardous waste segment. Its portfolio includes advanced capabilities such as strategic metal separation, battery recycling, and thermal treatment across a proprietary lab and incineration network. Courrieres: Where the science happens The Courrieres hazardous waste facility, one of Veolia's flagship sites, processes about 140,000 tonnes of waste per year. Every load undergoes 10–20 tests, then sorting by waste family, followed by incineration or chemical treatment — a full cycle that can take as little as 10 to 45 minutes. Due to the complexity and infrastructure requirements, treatment investments are closely tied to local waste volumes. When volumes are insufficient, waste may be transported to facilities elsewhere in Europe or beyond. The PFAS challenge: Veolia's new Drop Technology One of the most significant challenges Veolia aims to tackle is PFAS — the persistent, health-risk chemicals often used in industrial and household applications. These 'forever chemicals' resist breakdown due to their strong carbon-fluorine bonds and are increasingly under regulatory scrutiny. In a major announcement, Veolia introduced Drop, its newly patented PFAS destruction technology, developed in-house and now being deployed across its 20 hazardous waste incineration lines in Europe. Unlike traditional incineration, Drop uses a catalyst-assisted thermal process at more than 900 degrees Celsius, which not only enables destruction and removal efficiency of up to 99.9999 percent for both polymeric and non-polymeric PFAS, but also reduces corrosion and fouling in incineration systems — increasing long-term reliability. 'This is a disruptive innovation capable of eliminating targeted PFAS while preserving industrial infrastructure,' said Catherine Ricou, CEO of Veolia Hazardous Waste Europe. 'We're proud to set a European benchmark in PFAS treatment.' Global markets and local solutions Executives across regions presented how Veolia's strategy is adapted to local contexts: In Europe, Ricou highlighted four strategic pillars: Network strength, asset diversity, a granular customer base and innovation. With 20 operational sites handling waste from sectors like pharmaceuticals and households, the company is targeting 10 percent compound annual growth rate in hazardous waste EBITDA. In North America, Bob Cappadona, president and CEO of Veolia Environmental Solutions and Services, highlighted recent acquisitions in Massachusetts and California, and the commissioning of one of the continent's largest PFAS treatment facilities in Delaware. From the Middle East, Helder Daravano, Veolia general manager of MAGMA, said the region is growing 'twice as fast as Europe' despite being one-quarter its size. New facilities in Saudi Arabia (Tahweel) and the UAE (MAGMA) are positioning Veolia as a full-service player in the region. In Australia and New Zealand, Matt Ead, Veolia's national remediation services manager, detailed a shift from landfilling to pretreatment, supported by M&A activity and market-specific strategies. Scaling through GreenUp: investments and M&A To meet rising demand, Veolia's GreenUp program outlines both organic and acquisitive growth: Five new treatment facilities are under development across the US, Europe, Middle East and Asia. An additional 285,000 tonnes of capacity will be added by 2027, with a total of 430,000 tonnes by 2030. $354 million in acquisitions across the US, Brazil, and Japan will contribute 100,000 tonnes of capacity. Emmanuelle Menning, deputy CEO finance and purchasing, described the approach as a formula balancing growth, performance and capital allocation, adding that hazardous waste — particularly high-temperature incineration — remains one of Veolia's most profitable segments. Environmental security and strategic autonomy 'At Veolia, we are architects of environmental security. Our objective is to protect strategic autonomy,' said Brachlianoff, highlighting the company's commitment to global agreements like the Basel Convention, ensuring waste does not get exported to less-regulated regions. At Courrieres, which operates at 94–96 percent capacity, Veolia plans to reconfigure its boilers by 2028 to make the plant energy autonomous. The site today handles 80 percent domestic (Northern France) and 20 percent international waste, including from Italy. Waste is no longer waste The overarching takeaway: Hazardous waste is no longer just an environmental liability — it is a strategic resource, a public health priority and a business imperative. As Veolia aligns innovation with policy, technology and investment, it is helping set the global standard for the future of sustainable waste management.

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