Veolia Environnement S.A. traces its origins to 1853 and has grown into one of the world's largest environmental services groups. The company's water segment manages drinking water distribution and wastewater treatment facilities for municipalities and industries. Its waste management division handles the collection, recycling, and recovery of solid, liquid, and hazardous waste. The energy services segment focuses on operating district heating and cooling networks, as well as optimizing industrial utilities for energy efficiency. In 2022, Veolia significantly expanded its global footprint by acquiring its main competitor, Suez. The company generates recurring revenues primarily through long-term, inflation-indexed service contracts.
