11SUEZ

THE CLIMATE EMERGENCY

Extreme weather events, have for several years been the biggest risk in the World Economic Forum's Global Risks Reports. The measurement of economic but also political risks, encourages players to act around a new watchword: we must move faster. Cities and companies have reaffirmed their commitments, including within the United States despite the Paris Agreement withdrawal announced by D. Trump in June 2017. The world of finance is also gradually including environmental stakes. According to Bloomberg New Energy Finance, the issuances of green bonds are set to reach $123 billion in 2017. During the One Planet Summit in Paris in December 2017, organised by the French government, the World Bank announced the end of subsidies for oil and gas extraction projects as of 2019. Echoing the report by Joseph Stiglitz and

Nicholas Stern on carbon pricing, several announcements have been made on the development of carbon trading China is to consolidate its various regional initiatives into a single national market; and Mexico has announced its participation in a carbon trading scheme for the Americas. The climate emergency is gradually leading to the emergence of a new global geopolitical regime. In July 2017, China announced the ban, active as of 2018, on waste imports into its territory: in 2015, the country received half of the volumes exported by Europe.

Scientific observations show that the measures adopted by the Paris Climate Agreement will not be enough to limit global warming to two degrees, and that the economic and social consequences of climate disruption are growing worse each year.0.15% COST OF NATURAL DISASTERS BETWEEN 1995 AND 2015 ON COUNTRIES' GDP(OCDE)

ANIMAL SPECIES FACING EXTINCTION (UICN)

ENDANGERED ANIMAL SPECIES (UICN)

MATERIALITY ASSESSMENT*

Ethics

Women s access to decision-

making

Optimised water and waste

management

Greenhouse gas emissions

Air pollution

Health, safety and reducing disturbance to residents

Reducing energy consumption

Integrating digital and smart

technologies

Capacity-building and knowledge

transfer

TREND 02

2,700 +12,000

* The nine priority challenges for SUEZ from the materiality matrix (see details on p.71).

THE TRENDS OF A FAST-MOVING WORLD