Self-evaluation for progress
BMJ Ratings has upgraded the Veolia Environnement Group's rating to AA+.
BMJ Ratings
Evaluation of Veolia Environnement's rating by BMJ Ratings.
The BMJ Ratings agency has led a rating analysis of our subsidiaries in the four activities in China, Germany, France and Mexico.
The rating tools used are the DEEPP Model® used for the CSR (Corporate Social Responsibility) rating and the GlobalView® rating used to evaluate the contribution of the Group's global performance (economic and extra-financial) to sustainable development.
The update of the 2007 extra-financial evaluation of the Veolia Environnement Group carried out in 2008 confirms the good results and the previously observed trend of performance improvements in all sustainable development fields.
CSR Rating using the DEEPP Model®
DEEPP Model® Rating
The BMJ Ratings agency has upgraded the Group's rating to AA+. The "AA" rating indicates strong management of environmental and social issues.
The "+" trend expresses the Group's positive dynamique.
The recognized leadership of Veolia Environnement
is reinforced by its position on climate challenge, and through the ambitious approach adopted towards social cohesion.
The internal organization accompanying this strategic ambition clearly identifies the responsibilities engaged and provides an efficient solution to expectations expressed by the Group's stakeholders.
Although the principles adopted for innovation and information transparency can still be improved,
the Group's vision of its future and its commitments must enable it to improve the efficiency of its sustainable development policy in the short term.
Its performance is improving in all fields and particularly in the environmental one and in the area of the relationship between the Group and civil society.
These changes are the result of successes particularly in America and Asia and the Pacific, where the Group's expertise and business ethics are resulting in resounding successes.
BMJ Ratings highlights the evidence of changes to our business model,moving from a purely economic model to one combined with high environmental efficiency.
Integrated rating according to Global Value®
Integrated rating according to Global Value®
The BMJ Ratings agency ameliorates the Global Value Index, which evaluates the Group's capacity to make a commitment to sustainable development, to create value and improve performance.
The Index improved from 1.15 to 1.19: the 11 indexes are moving in a positive direction and show considerable consistency. The performance is significant in terms of management of activity cycles in all the Group's divisions.
Veolia Environnement's rating is determined over a year starting from the 31st of March 2008.
The evaluation does not take account of information about commitments made after this date.
Nanterre, 31/03/2008
Pascal Bello, General Manager