The company has won the award following the launch of its successful new ‘Resourcing the World’ strategy
Veolia's ‘Resourcing the World’ strategy that has transformed what used to be one of the UK’s largest waste, water and energy companies in the UK employing 14,000 people into a resource management leader.
Veolia has driven corporate responsibility and sustainability performance by becoming a manufacturer of green products and renewable energy, reducing dependency on natural resources for itself and its customers, creating new revenue streams and opening up new markets.
Estelle Brachlianoff, Senior Executive Vice President of Veolia UK and Ireland said: “We are addressing the biggest single issue our planet faces, namely the lack of resources to meet the needs of the 7.2 billion people living here now, let alone the forecast 9.6 billion by 2050.
“As a leading global resource management provider, we know the take-make-dispose model is dead – so we are challenging the norm by promoting the circular economy in a move which makes business sense for customers. Through collaboration with all our key sustainability stakeholders we are leading by example but it’s how we influence others that will make the real difference if the planet is going to have sufficient capacity for all our needs.”
Mike Barry, Director of Sustainable Business, Marks and Spencer, Chair of judges commented, “Veolia demonstrated leadership, engagement of people and the building of collaborative partnerships to generate innovative streams of sustainable products and services across the business.”
Stephen Howard, Chief Executive, Business in the Community said: “The Responsible Business Awards give much needed visibility to organisations who are putting responsible behaviour at the heart of how they do business. We congratulate Veolia for being an inspirational example for others to learn from.”
Veolia has reimagined waste and transformed its business model to become a manufacturer of sustainable products and green energy. It has embedded innovative thinking around the circular economy into the fabric of its business and by harnessing a large team of engineers and scientists, and the ideas of staff, it has created large-scale solutions to waste, which significantly reduce dependency on natural resources.
Veolia now generates 21 times more energy than it consumes, saves more carbon than it emits and has developed revenue streams which ensure that 20% of its revenue is circular through selling products that would otherwise be seen as waste.
The awards champion responsible business in the UK and abroad taking action to address social and environmental issues and transform their communities. Sixty three companies were selected as Award Finalists from the UK and abroad, across the 14 award categories of the scheme.