We have achieved electricity self-sufficiency in Europe

Sabrina Soussan
by Sabrina Soussan, Chairman and CEO of SUEZ
In January 2023, we announced SUEZ new sustainability ambitions. We have made 24 operational commitments, with the aim of stepping up our efforts regarding the climate, the preservation of nature and social responsibility in the coming years.

Each year, we are reporting on the progress of these commitments. They are an integral part of our business strategy and echo our purpose: « […] deeply rooted in our communities, we are committed to providing people and the planet with the resources for a common future. »

These commitments also resonate with the environmental challenges we face. 2023 served as a stark reminder of those challenges: it was the world’s hottest year on record, with an average temperature 1.48°C higher than the pre-industrial average.

Collectively, we must accelerate our greenhouse gas emissions reduction efforts. COP 28 resulted in a historic agreement to transition away from fossil fuels. It confirmed how important renewable energies will be in achieving net zero in 2050. Decarbonising energy is a major challenge, and our businesses can play a key role in meeting it. We produce local energy from waste and wastewater, contributing to the low-carbon transition in communities. In 2023, we have made significant progress in this area. In particular, we have achieved self-sufficiency in electricity in Europe.

1 Corporate Social Responsibility Directive.
2 Environmental, social, governance
3 In January 2024, SUEZ was awarded the EcoVadis Gold Medal, and in February it received a double A- rating from CDP for its climate and water stewardship commitments.