SUEZ NWS Recognized Among China’s Top 10 Most Influential Water Companies for 17th Consecutive Year
Strong commitment to China’s long-term development
Since establishing a foothold in China some 40 years ago, SUEZ has remained committed to preserving and restoring the fundamental elements of the environment – water, soil and air – through strong operational, managerial expertise and its consistent emphasis on corporate social responsibility. In its 10-year global strategic plan, “Shaping SUEZ 2030”, SUEZ is looking to grow in key international markets where it has a strong presence. China is one of the strongest growth markets, especially after COVID-19, which has raised the awareness of the environment even higher and the expectations of the Chinese citizens will continue to force further improvements and business opportunities for companies such as SUEZ. Looking ahead, the Company will prioritize its business development in three areas:
- Waste sector: Hazardous waste management is a key area. Currently SUEZ have built and operated 9 hazardous plants in Mainland China. The goal is to have two new projects every year. Also to recycle waste material for reuse, or to produce energy and soil remediation.
- Industrial sector: The water sector in China still presents significant growth potential, especially considering strong demand from the industries. With the synergies from the GE Water acquisition, SUEZ will grow further in this important sector to meet China’s strong demand from industry.
- Smart solutions: For conventional municipal water services, smart water solutions will become the new growth engine. In this regard, SUEZ is different from technology vendors in that they not only offer technologies, but also have tremendous operational expertise which allows them to better adapt and optimize the smart solutions for operational efficiency. To deliver more smart solutions to customers, SUEZ will increase its investments in R&D, innovation and digitization by 50% by 2023.