Primary Climate Goal
Veolia's target annual Scope 1 + 2 emissions for 2034 should be equal to 27,066 Kt = 22% * 34,700 Kt, according to the company's stated climate goal.
In order to achieve this goal, Veolia would need to reduce its emissions at least by -264 Kt per annum over the period from 2022 to 2034:
-264 Kt = ( 27,066 Kt - 30,500 Kt ) / (2034 - 2021)
This translates into a -0.9% reduction in 2022.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
Veolia aims to reduce Scope 1 + 2 by 22% by 2034 from a base year 2018
This target is most likely outdated and the company appears to have already achieved it
Science Based Targets initiative
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
Veolia reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 30,500 Kt (+500/+1.7% y-o-y). At the sime time, carbon intensity declined to 901 t (-84 /-8.5% y-o-y).
Veolia's Scope 3 emissions surged to 20,900 Kt (
The company is committed to reducing Scope 1 + 2 by 22% by 2034 from a base year 2018, which it appears to have already achieved as of 2021. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.