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Water, sanitation, waste collection and recycling services are essential for human health and development. In some countries, they can lead to elections being won or lost, so symbolic are they of the fair, rigorous management of public services. Today they are also a contributor to resource regeneration, because, after being processed, wastewater and solid waste can be recycled, recovered, and reused.

I am proud to have been appointed Chief Executive Officer of SUEZ and would like first of all to acknowledge the Group s remarkable transformation in the hands of Jean-Louis Chaussade: as the leader in sustainable resource management, SUEZ is now committed to a responsible growth strategy, supporting the principles of the UN Global Compact and creating value that is shared with all stakeholders. The 2018 results disclosed in the new edition of the Integrated Report confirm this: with organic revenue growth of +3.6%, solid commercial momentum, a carbon profile that helps its customers avoid 10 million tonnes of CO2 emissions and an employee commitment rate of 61%, the Group can lay claim to excellent financial and extra-financial performance.

We must now go further still to pursue the aim of the future we want and make it desirable to young people, who raised their voices across the world in 2018 to express their worries about an outlook darkened by the consequences of global warming. They are looking for a different model of society that is able to invent responsible progress with concern for human development and the protection of the planet.

SUEZ is contributing to these aspirations by opening new frontiers, supporting local authorities and industrial companies that want to increase their environmental leadership. The needs for water and sanitation in India and Africa are immense, and untreated waste could represent 10% of greenhouse gas emissions in 2030 if nothing is done to address them. In Europe and the USA, network infrastructure is ageing while water resource scarcity is a real and growing threat. China has made a huge commitment to the circular economy in response to a challenge that is no longer solely environmental, but also now a public health issue.

Technological, contractual and social innovation are essential to meet these needs. This will also involve smart technologies. The digital transformation of SUEZ is accelerating. Tomorrow, single systems supervising urban services, such as OnDijon, will be multiplying; data will make it possible to invent new services for consumers, while flows of materials, tracked reliably and transparently with blockchain technology, will enable the circular economy to be scaled up. Contributing to this essential environmental and social transition is SUEZ s purpose, the cornerstone of its vocation. With shared values motivating our employees, whose health and safety are our primary concern; by guiding investment decisions towards cost-effective low-carbon solutions; in partnership and cooperation with companies and local stakeholders who also want to change the world.

Positioning our activities within a circular economy approach has spurred SUEZ s transformation

We must now go further still to pursue the aim of a desirable future