Circular Economy & Supply Chain Management: Suez, Project “Sonate” Environmental Services

We have a co-investment in our Cycle 1 Infrastructure portfolio with Meridiam and other leading infrastructure investors in Suez, a leading player in environmental solutions, with a global footprint in the water and waste services segment.

Suez’s sustainability roadmap aims to reduce the wider business carbon footprint by raising the proportion of sustainable electricity as a share of the wider group’s total electricity consumption to 70% worldwide and 100% in Europe. This would contribute to reducing the emissions from water activities by almost 40% by 2030 and from its waste collection and recycling activities by more than 25% by 2030. Suez further promote the recycling, recovery and reuse of materials and establish economic models that are beneficial for the climate. They are also adapting priority and vulnerable sites to the effects of climate change.

Suez is also committed to helping its industrial and local authority customers to avoid GHG emissions by providing dedicated circular economy solutions (material and energy recovery) while at the same time ensuring its activities contribute to nature preservation and deliver social impact.

At the time of publication (May 2024) Danone were held in our Infrastructure – Cycle 1 portfolio.